Spread before costs (cost unknown: a leg has no order-book sample)+0.084%
7d average—if it closes, per $10,000$8funding while held, a day−$2.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XPL-USD-PERP | 0.09954 | 0.0092 | pay 0.0092% / 8h | 7h 46m | $13K | $1K | 5x |
| Short | dYdX XPL-USD | 0.09962 | 0 | get 0.0000% / 1h | 46m 17s | $8K | — | 5x |
Paradex XPL-USD-PERP
dYdX XPL-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $8.41
- Funding while held
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$8.35
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0092%
- Per $10,000 a day
- −$2.76
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Paradex and dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
Lighter0.09914+30.959%SunX0.09920+31.038%BingX0.09922+31.065%OKX0.09926+31.117%KuCoin0.09927+31.131%Deribit0.09927+31.131%Extended0.09927+31.132%Orderly0.09929+31.157%SoDEX0.09930+31.170%Aevo0.09931+31.177%Binance0.09933+31.210%01 Exchange0.09933+31.210%Bybit0.09936+31.250%Gate0.09936+31.250%GMX0.09936+31.251%gTrade (Gains Network)0.09937+31.260%Nado0.09940+31.302%Polymarket Perps0.09945+31.371%Bulk0.09946+31.386%MEXC0.09949+31.421%Bitget0.09949+31.421%Aster0.09950+31.434%
Reya
Lighter
SunX
BingX
OKX
KuCoin
Deribit
Extended
Orderly
SoDEX
Aevo
Binance
Bybit
Gate
GMX
gTrade (Gains Network)
Nado
Polymarket Perps
Bulk
MEXC
Bitget
AsterParadex0.09954+31.481%
BloFin0.09959+31.553%Hyperliquid0.09960+31.572%
BloFin
HyperliquiddYdX0.09962+31.592%
HTX0.09964+31.619%Pacifica0.09967+31.662%Backpack0.09980+31.831%ApeX Omni0.1000+32.095%Variational Omni0.1000+32.139%Kraken Futures0.1001+32.291%Phoenix0.1004+32.584%Coinbase International0.1007+33.006%
HTX
Pacifica
Backpack
ApeX Omni
Variational Omni
Kraken Futures
Phoenix
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −23.943% | 0.0000% | 1h | — | — | — | as long as short |
| Lighter XPL | −0.397% | −0.0952% | 1h | $4.5M | $4.2M | 10x | as long as short |
| SunX XPL-USDT | −0.337% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| BingX XPL-USDT | −0.317% | +0.0100% | 4h | — | $8.0M | — | as long as short |
| OKX XPL-USDT-SWAP | −0.277% | +0.0100% | 4h | $9.4M | $53.9M | 50x | as long as short |
| KuCoin XPLUSDTM | −0.267% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.267% | −0.0455% | 1h | $49K | $17K | 25x | as long as short |
| Extended XPL-USD | −0.266% | +0.0104% | 1h | $643K | $832K | 25x | as long as short |
| Orderly PERP_XPL_USDC | −0.246% | +0.0015% | 4h | $28K | $333K | 10x | as long as short |
| SoDEX XPL-USD | −0.236% | +0.0100% | 1h | $211 | $9K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo XPL-PERP | −0.231% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Binance XPLUSDT | −0.206% | +0.0100% | 4h | $45.5M | $98.4M | 75x | as long as short |
| 01 Exchange XPLUSD | −0.206% | −0.0232% | 1h | $578 | $582 | 5x | as long as short |
| Bybit XPLUSDT | −0.176% | −0.0140% | 4h | $48.0M | $49.1M | 75x | as long as short |
| Gate XPL_USDT | −0.176% | +0.0078% | 4h | $3.1M | $3.9M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.175% | L −0.0040% / S +0.0454% | 1h | $134K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.168% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Nado XPL-PERP | −0.136% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.084% | +0.0100% | 1h | $136K | $3.5M | 10x | as long as short |
| Bulk XPL-USD | −0.072% | +0.0100% | 1h | $139K | $6K | 10x | as long as short |
| MEXC XPL_USDT | −0.046% | +0.0100% | 4h | $14.0M | $7.5M | 100x | as long as short |
| Bitget XPLUSDT | −0.046% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| Aster XPLUSDT | −0.035% | +0.0100% | 4h | $268K | $451K | 20x | as long as short |
| Paradex XPL-USD-PERPlong | 0.000% | +0.0092% | 8h | $13K | $1K | 5x | |
| BloFin XPL-USDT | +0.055% | +0.0340% | 4h | $1.7M | $1.2M | 75x | as long as short |
| Hyperliquid XPL | +0.069% | +0.0130% | 1h | $64.7M | $40.1M | 10x | as long as short |
| dYdX XPL-USDshort | +0.084% | 0.0000% | 1h | $8K | — | 5x | |
| HTX XPL-USDT | +0.105% | +0.0100% | 4h | $144K | $243K | 20x | as long as short |
| Pacifica XPL | +0.137% | +0.0100% | 1h | $225K | $15K | 10x | as long as short |
| Backpack XPL_USDC_PERP | +0.266% | −0.0180% | 1h | $184K | $288K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.467% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| Variational Omni XPL | +0.501% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Kraken Futures PF_XPLUSD | +0.616% | +0.1431% | 1h | $256K | $590K | 10x | as long as short |
| Phoenix XPL | +0.839% | +0.0245% | 1h | $205K | $618K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +1.160% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |