Spread before costs (cost unknown: a leg has no order-book sample)+0.081%
7d average—if it closes, per $10,000$8funding while held, a day+$0.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XPL-USD-PERP | 0.1021 | 0.0091 | pay 0.0091% / 8h | 53m 57s | $13K | $1K | 5x |
| Short | Pacifica XPL | 0.1022 | 0.0100 | get 0.0013% / 1h | 53m 57s | $230K | $19K | 10x |
Paradex XPL-USD-PERP
Pacifica XPLPrice 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
- $8.14
- Funding while held
- $0.27
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$3.59
- Spread needed to break even
- 0.120%
Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, 60 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0009%
- Per $10,000 a day
- +$0.27
- 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 Pacifica live order book, 60 min ago | 9.90 bp | 36.6 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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
BloFin0.1020+34.734%01 Exchange0.1021+34.826%HTX0.1021+34.826%
Reya
BloFin
HTXParadex0.1021+34.848%
ApeX Omni0.1021+34.866%dYdX0.1021+34.918%Extended0.1022+34.937%Nado0.1022+34.942%Lighter0.1022+34.958%
ApeX Omni
dYdX
Extended
Nado
LighterPacifica0.1022+34.958%
Bulk0.1022+34.998%SunX0.1022+34.998%Bitget0.1022+35.011%MEXC0.1022+35.024%Gate0.1022+35.037%Bybit0.1022+35.064%Polymarket Perps0.1023+35.077%Orderly0.1023+35.090%gTrade (Gains Network)0.1023+35.109%Aster0.1023+35.126%Aevo0.1023+35.130%SoDEX0.1023+35.130%KuCoin0.1023+35.143%OKX0.1023+35.156%Deribit0.1023+35.156%Binance0.1023+35.157%Variational Omni0.1023+35.195%Backpack0.1024+35.209%GMX0.1024+35.221%BingX0.1024+35.222%Kraken Futures0.1025+35.400%Hyperliquid0.1025+35.447%Phoenix0.1026+35.526%Coinbase International0.1030+36.028%
Bulk
SunX
Bitget
MEXC
Gate
Bybit
Polymarket Perps
Orderly
gTrade (Gains Network)
Aster
Aevo
SoDEX
KuCoin
OKX
Deribit
Binance
Variational Omni
Backpack
GMX
BingX
Kraken Futures
Hyperliquid
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 | −25.843% | 0.0000% | 1h | — | — | — | as long as short |
| BloFin XPL-USDT | −0.085% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| 01 Exchange XPLUSD | −0.017% | −0.0112% | 1h | $593 | $3K | 5x | as long as short |
| HTX XPL-USDT | −0.017% | +0.0100% | 4h | $150K | $255K | 20x | as long as short |
| Paradex XPL-USD-PERPlong | 0.000% | +0.0091% | 8h | $13K | $1K | 5x | |
| ApeX Omni XPLUSDT | +0.013% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| dYdX XPL-USD | +0.052% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Extended XPL-USD | +0.066% | +0.0104% | 1h | $667K | $809K | 25x | as long as short |
| Nado XPL-PERP | +0.069% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Lighter XPL | +0.081% | −0.0792% | 1h | $4.6M | $4.1M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XPLshort | +0.081% | +0.0100% | 1h | $230K | $19K | 10x | |
| Bulk XPL-USD | +0.111% | +0.0100% | 1h | $143K | $35K | 10x | as long as short |
| SunX XPL-USDT | +0.111% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Bitget XPLUSDT | +0.121% | +0.0100% | 4h | $9.2M | $10.5M | 75x | as long as short |
| MEXC XPL_USDT | +0.130% | +0.0100% | 4h | $14.3M | $7.1M | 100x | as long as short |
| Gate XPL_USDT | +0.140% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| Bybit XPLUSDT | +0.160% | +0.0100% | 4h | $50.4M | $45.7M | 75x | as long as short |
| Polymarket Perps XPL-USD | +0.170% | +0.0100% | 1h | $141K | $3.6M | 10x | as long as short |
| Orderly PERP_XPL_USDC | +0.179% | +0.0035% | 4h | $28K | $331K | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.193% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Aster XPLUSDT | +0.206% | +0.0100% | 4h | $276K | $440K | 20x | as long as short |
| Aevo XPL-PERP | +0.209% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| SoDEX XPL-USD | +0.209% | +0.0100% | 1h | $212 | $9K | 10x | as long as short |
| KuCoin XPLUSDTM | +0.219% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| OKX XPL-USDT-SWAP | +0.228% | +0.0100% | 4h | $10.0M | $53.0M | 50x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.228% | 0.0000% | 1h | $48K | $11K | 25x | as long as short |
| Binance XPLUSDT | +0.229% | +0.0100% | 4h | $48.0M | $90.7M | 75x | as long as short |
| Variational Omni XPL | +0.257% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.267% | +0.0100% | 1h | $188K | $282K | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.276% | L −0.0037% / S +0.0451% | 1h | $136K | — | 100x | as long as short |
| BingX XPL-USDT | +0.277% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Kraken Futures PF_XPLUSD | +0.409% | +0.1602% | 1h | $147K | $424K | 10x | as long as short |
| Hyperliquid XPL | +0.444% | +0.0341% | 1h | $68.5M | $35.1M | 10x | as long as short |
| Phoenix XPL | +0.503% | +0.0312% | 1h | $209K | $596K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.875% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |