After costs, if the gap returns to its 7d average, $10k−$59
spread now−0.355%7d average−0.203%fees + slippage, in and out−$44spread needed0.438%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XPL | 0.1002 | 0.0324 | pay 0.0041% / 1h | 35m 06s | $205K | $621K | 10x |
| Short | Extended XPL-USD | 0.09981 | 0.0104 | get 0.0013% / 1h | 35m 06s | $641K | $845K | 25x |
Phoenix XPL
Extended 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
- −$35.51
- Funding while held
- −$6.61
- Slippage, 4 orders
- −$31.81
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$85.93
- Spread needed to break even
- 0.438%
Slippage from Phoenix: live order book, 65 min ago; Extended: live order book, 64 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0220%
- Per $10,000 a day
- −$6.61
- 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, 65 min ago | 1.00 bp | 14.5 bp −$15 | 55.7 bp −$557 | doesn't fit | doesn't fit |
| Sell Extended live order book, 64 min ago | 1.50 bp | 8.9 bp −$9 | 20.9 bp −$209 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
Bulk0.09960+31.558%HTX0.09963+31.601%Lighter0.09967+31.654%Bybit0.09979+31.812%OKX0.09980+31.826%SunX0.09980+31.826%
Reya
Bulk
HTX
Lighter
Bybit
OKX
SunXExtended0.09981+31.844%
Backpack0.09982+31.852%Binance0.09984+31.878%BingX0.09984+31.878%Gate0.09987+31.918%MEXC0.09988+31.931%Bitget0.09990+31.958%SoDEX0.09990+31.958%Deribit0.09993+31.997%Orderly0.09994+32.011%Variational Omni0.09995+32.022%BloFin0.09995+32.024%Aevo0.09995+32.029%KuCoin0.09996+32.037%Paradex0.09996+32.042%Aster0.09997+32.051%Nado0.09999+32.070%GMX0.09999+32.070%01 Exchange0.09999+32.077%gTrade (Gains Network)0.10000+32.087%ApeX Omni0.1000+32.090%Pacifica0.1000+32.103%dYdX0.1000+32.116%Hyperliquid0.1000+32.129%Polymarket Perps0.1001+32.182%
Backpack
Binance
BingX
Gate
MEXC
Bitget
SoDEX
Deribit
Orderly
Variational Omni
BloFin
Aevo
KuCoin
Paradex
Aster
Nado
GMX
gTrade (Gains Network)
ApeX Omni
Pacifica
dYdX
Hyperliquid
Polymarket PerpsPhoenix0.1002+32.314%
Coinbase International0.1002+32.394%Kraken Futures0.1003+32.481%
Coinbase International
Kraken FuturesXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.422% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.572% | +0.0100% | 1h | $141K | $53K | 10x | as long as short |
| HTX XPL-USDT | −0.539% | +0.0100% | 4h | $144K | $241K | 20x | as long as short |
| Lighter XPL | −0.499% | −0.0624% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Bybit XPLUSDT | −0.379% | +0.0100% | 4h | $48.0M | $49.3M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.369% | +0.0100% | 4h | $9.4M | $52.9M | 50x | as long as short |
| SunX XPL-USDT | −0.369% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Extended XPL-USDshort | −0.355% | +0.0104% | 1h | $641K | $845K | 25x | |
| Backpack XPL_USDC_PERP | −0.349% | −0.0357% | 1h | $184K | $282K | 10x | as long as short |
| Binance XPLUSDT | −0.329% | +0.0100% | 4h | $45.6M | $100.0M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX XPL-USDT | −0.329% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Gate XPL_USDT | −0.299% | +0.0100% | 4h | $3.1M | $4.0M | 75x | as long as short |
| MEXC XPL_USDT | −0.290% | +0.0100% | 4h | $13.8M | $7.3M | 100x | as long as short |
| Bitget XPLUSDT | −0.270% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| SoDEX XPL-USD | −0.270% | +0.0100% | 1h | $204 | $10K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.240% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| Orderly PERP_XPL_USDC | −0.230% | +0.0042% | 4h | $28K | $333K | 10x | as long as short |
| Variational Omni XPL | −0.221% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| BloFin XPL-USDT | −0.220% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Aevo XPL-PERP | −0.216% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| KuCoin XPLUSDTM | −0.210% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| Paradex XPL-USD-PERP | −0.206% | +0.0098% | 8h | $13K | $2K | 5x | as long as short |
| Aster XPLUSDT | −0.199% | +0.0100% | 4h | $268K | $464K | 20x | as long as short |
| Nado XPL-PERP | −0.185% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.185% | L +0.0206% / S +0.0037% | 1h | $140K | — | 100x | as long as short |
| 01 Exchange XPLUSD | −0.180% | −0.0032% | 1h | $581 | $583 | 5x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.172% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| ApeX Omni XPLUSDT | −0.170% | +0.0100% | 1h | $26K | $82K | 50x | as long as short |
| Pacifica XPL | −0.160% | +0.0100% | 1h | $226K | $14K | 10x | as long as short |
| dYdX XPL-USD | −0.150% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Hyperliquid XPL | −0.140% | +0.0315% | 1h | $65.9M | $43.5M | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.100% | +0.0100% | 1h | $134K | $2.7M | 10x | as long as short |
| Phoenix XPLlong | 0.000% | +0.0324% | 1h | $205K | $621K | 10x | |
| Coinbase International XPL-PERP-INTX | +0.060% | +0.0848% | 1h | $77K | $117K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.126% | +0.2746% | 1h | $300K | $685K | 10x | as long as short |