data as of
Settings8H · net · $10k
Price arb /

XPL

all XPL markets
SwapFunding view
Alert
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%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix XPL0.10240.0312pay 0.0039% / 1h46m 18s$209K$596K10x
ShortBloFin XPL-USDT0.10140.0340get 0.0170% / 4h46m 18s$2.0M$1.1M75x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 68 min ago0.99 bp14.5 bp −$1456.5 bp −$565doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago1.48 bp10.4 bp −$1018.4 bp −$18462.0 bp −$6,202doesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya XPLRUSDPERP−26.100%0.0000%1has long as short
SunX XPL-USDT−1.210%+0.0100%4h$3K$1.8M20xas long as short
Lighter XPL−1.181%−0.0808%1h$4.6M$4.1M10xas long as short
HTX XPL-USDT−1.181%+0.0100%4h$149K$256K20xas long as short
Binance XPLUSDT−1.068%+0.0100%4h$47.6M$91.3M75xas long as short
Extended XPL-USD−1.068%+0.0104%1h$660K$802K25xas long as short
Gate XPL_USDT−1.054%+0.0100%4h$3.2M$3.8M75xas long as short
01 Exchange XPLUSD−1.045%−0.0136%1h$589$3K5xas long as short
Bitget XPLUSDT−1.045%+0.0100%4h$9.0M$10.6M75xas long as short
Bulk XPL-USD−1.030%+0.0100%1h$142K$15K10xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster XPLUSDT−1.028%+0.0100%4h$273K$441K20xas long as short
Bybit XPLUSDT−1.025%+0.0100%4h$49.9M$45.8M75xas long as short
BingX XPL-USDT−1.025%+0.0100%4h$7.8Mas long as short
Orderly PERP_XPL_USDC−1.025%+0.0044%4h$28K$331K10xas long as short
Deribit XPL_USDC-PERPETUAL−1.025%−0.0538%1h$48K$11K25xas long as short
SoDEX XPL-USD−1.015%+0.0100%1h$213$9K10xas long as short
OKX XPL-USDT-SWAP−1.005%+0.0100%4h$9.9M$52.6M50xas long as short
GMX XPL/USD [WBTC.b-USDC]−0.988%L −0.0038% / S +0.0452%1h$135K100xas long as short
Backpack XPL_USDC_PERP−0.986%+0.0100%1h$186K$284K10xas long as short
BloFin XPL-USDTshort−0.986%+0.0340%4h$2.0M$1.1M75x
gTrade (Gains Network) XPL/USD−0.975%L +0.0005% / S −0.0004%1h$73K150xas long as short
Aevo XPL-PERP−0.968%+0.0104%1h$39K$5K3xas long as short
Paradex XPL-USD-PERP−0.967%+0.0092%8h$13K$1K5xas long as short
dYdX XPL-USD−0.953%0.0000%1h$8K5xas long as short
Pacifica XPL−0.947%+0.0100%1h$229K$20K10xas long as short
MEXC XPL_USDT−0.918%+0.0100%4h$14.1M$7.1M100xas long as short
KuCoin XPLUSDTM−0.918%+0.0100%4h$2.8M$1.3M50xas long as short
Nado XPL-PERP−0.893%+0.0100%1h$1.5M$2.3M10xas long as short
Polymarket Perps XPL-USD−0.810%+0.0100%1h$140K$3.5M10xas long as short
Hyperliquid XPL−0.791%+0.0220%1h$67.6M$35.3M10xas long as short
Kraken Futures PF_XPLUSD−0.761%+0.1616%1h$147K$427K10xas long as short
ApeX Omni XPLUSDT−0.625%+0.0100%1h$30K$88K50xas long as short
Variational Omni XPL−0.203%+0.0100%4h$1.9M$1.5Mas long as short
Phoenix XPLlong0.000%+0.0312%1h$209K$596K10x
Coinbase International XPL-PERP-INTX+0.527%+0.0888%1h$108K$120K50xas long as short