After costs, if the gap returns to its 7d average, $10k−$135
spread now−0.986%7d average−0.167%fees + slippage, in and out−$53spread needed0.529%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XPL | 0.1024 | 0.0312 | pay 0.0039% / 1h | 46m 18s | $209K | $596K | 10x |
| Short | BloFin XPL-USDT | 0.1014 | 0.0340 | get 0.0170% / 4h | 46m 18s | $2.0M | $1.1M | 75x |
Price 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
- −$98.59
- Funding while held
- $0.84
- Slippage, 4 orders
- −$33.92
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$150.68
- Spread needed to break even
- 0.529%
Slippage from Phoenix: live order book, 68 min ago; BloFin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0028%
- Per $10,000 a day
- +$0.84
- 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 Phoenix live order book, 68 min ago | 0.99 bp | 14.5 bp −$14 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.48 bp | 10.4 bp −$10 | 18.4 bp −$184 | 62.0 bp −$6,202 | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.XPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.100% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −1.210% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Lighter XPL | −1.181% | −0.0808% | 1h | $4.6M | $4.1M | 10x | as long as short |
| HTX XPL-USDT | −1.181% | +0.0100% | 4h | $149K | $256K | 20x | as long as short |
| Binance XPLUSDT | −1.068% | +0.0100% | 4h | $47.6M | $91.3M | 75x | as long as short |
| Extended XPL-USD | −1.068% | +0.0104% | 1h | $660K | $802K | 25x | as long as short |
| Gate XPL_USDT | −1.054% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| 01 Exchange XPLUSD | −1.045% | −0.0136% | 1h | $589 | $3K | 5x | as long as short |
| Bitget XPLUSDT | −1.045% | +0.0100% | 4h | $9.0M | $10.6M | 75x | as long as short |
| Bulk XPL-USD | −1.030% | +0.0100% | 1h | $142K | $15K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XPLUSDT | −1.028% | +0.0100% | 4h | $273K | $441K | 20x | as long as short |
| Bybit XPLUSDT | −1.025% | +0.0100% | 4h | $49.9M | $45.8M | 75x | as long as short |
| BingX XPL-USDT | −1.025% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Orderly PERP_XPL_USDC | −1.025% | +0.0044% | 4h | $28K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −1.025% | −0.0538% | 1h | $48K | $11K | 25x | as long as short |
| SoDEX XPL-USD | −1.015% | +0.0100% | 1h | $213 | $9K | 10x | as long as short |
| OKX XPL-USDT-SWAP | −1.005% | +0.0100% | 4h | $9.9M | $52.6M | 50x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.988% | L −0.0038% / S +0.0452% | 1h | $135K | — | 100x | as long as short |
| Backpack XPL_USDC_PERP | −0.986% | +0.0100% | 1h | $186K | $284K | 10x | as long as short |
| BloFin XPL-USDTshort | −0.986% | +0.0340% | 4h | $2.0M | $1.1M | 75x | |
| gTrade (Gains Network) XPL/USD | −0.975% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Aevo XPL-PERP | −0.968% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Paradex XPL-USD-PERP | −0.967% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| dYdX XPL-USD | −0.953% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Pacifica XPL | −0.947% | +0.0100% | 1h | $229K | $20K | 10x | as long as short |
| MEXC XPL_USDT | −0.918% | +0.0100% | 4h | $14.1M | $7.1M | 100x | as long as short |
| KuCoin XPLUSDTM | −0.918% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Nado XPL-PERP | −0.893% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.810% | +0.0100% | 1h | $140K | $3.5M | 10x | as long as short |
| Hyperliquid XPL | −0.791% | +0.0220% | 1h | $67.6M | $35.3M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | −0.761% | +0.1616% | 1h | $147K | $427K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.625% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| Variational Omni XPL | −0.203% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Phoenix XPLlong | 0.000% | +0.0312% | 1h | $209K | $596K | 10x | |
| Coinbase International XPL-PERP-INTX | +0.527% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |
Phoenix XPL
BloFin XPL-USDT
SunX
Lighter
HTX
Binance
Extended
Gate
Bitget
Bulk
Aster
Bybit
BingX
Deribit
SoDEX
OKX
GMX
Backpack
gTrade (Gains Network)
Paradex
Pacifica
MEXC
KuCoin
Polymarket Perps
Hyperliquid
Kraken Futures
ApeX Omni
Variational Omni
Coinbase International