After costs, if the gap returns to its 7d average, $10k−$212
spread now−1.096%7d average−0.138%fees + slippage, in and out−$117spread needed1.167%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XPL | 0.1004 | 0.0245 | pay 0.0031% / 1h | 46m 23s | $205K | $618K | 10x |
| Short | KuCoin XPLUSDTM | 0.09927 | 0.0100 | get 0.0050% / 4h | 3h 46m | $2.5M | $1.5M | 50x |
Phoenix XPL
KuCoin XPLUSDTMPrice 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
- −$109.59
- Funding while held
- −$4.34
- Slippage, 4 orders
- −$97.73
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$230.66
- Spread needed to break even
- 1.167%
Slippage from Phoenix: live order book, 63 min ago; KuCoin: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0145%
- Per $10,000 a day
- −$4.34
- 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, 63 min ago | 3.93 bp | 14.6 bp −$15 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 13.49 bp | 37.5 bp −$38 | 137.5 bp −$1,375 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
ReyaKuCoin0.09927+31.131%
01 Exchange0.09933+31.210%Binance0.09934+31.223%Bybit0.09936+31.250%GMX0.09936+31.251%gTrade (Gains Network)0.09937+31.260%OKX0.09940+31.302%Lighter0.09945+31.368%Polymarket Perps0.09945+31.371%BingX0.09946+31.382%Bulk0.09946+31.386%Gate0.09948+31.408%MEXC0.09949+31.421%Bitget0.09949+31.421%Extended0.09952+31.456%Paradex0.09954+31.481%Aster0.09958+31.537%BloFin0.09959+31.553%SunX0.09960+31.567%Hyperliquid0.09960+31.572%dYdX0.09962+31.592%Pacifica0.09967+31.662%Orderly0.09977+31.791%Deribit0.09979+31.818%Backpack0.09980+31.831%Aevo0.09980+31.831%SoDEX0.09980+31.831%Nado0.09991+31.979%HTX0.09996+32.042%ApeX Omni0.1000+32.095%Variational Omni0.1000+32.139%
Binance
Bybit
GMX
gTrade (Gains Network)
OKX
Lighter
Polymarket Perps
BingX
Bulk
Gate
MEXC
Bitget
Extended
Paradex
Aster
BloFin
SunX
Hyperliquid
dYdX
Pacifica
Orderly
Deribit
Backpack
Aevo
SoDEX
Nado
HTX
ApeX Omni
Variational OmniPhoenix0.1004+32.584%
Kraken Futures0.1005+32.758%Coinbase International0.1007+33.006%
Kraken Futures
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.576% | 0.0000% | 1h | — | — | — | as long as short |
| KuCoin XPLUSDTMshort | −1.096% | +0.0100% | 4h | $2.5M | $1.5M | 50x | |
| 01 Exchange XPLUSD | −1.036% | −0.0232% | 1h | $578 | $582 | 5x | as long as short |
| Binance XPLUSDT | −1.026% | +0.0100% | 4h | $45.5M | $98.3M | 75x | as long as short |
| Bybit XPLUSDT | −1.006% | −0.0140% | 4h | $48.0M | $49.1M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −1.005% | L −0.0040% / S +0.0454% | 1h | $134K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.998% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| OKX XPL-USDT-SWAP | −0.966% | +0.0100% | 4h | $9.4M | $54.0M | 50x | as long as short |
| Lighter XPL | −0.917% | −0.0952% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.915% | +0.0100% | 1h | $136K | $3.5M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX XPL-USDT | −0.907% | +0.0100% | 4h | — | $8.0M | — | as long as short |
| Bulk XPL-USD | −0.903% | +0.0100% | 1h | $139K | $6K | 10x | as long as short |
| Gate XPL_USDT | −0.887% | +0.0078% | 4h | $3.1M | $3.9M | 75x | as long as short |
| MEXC XPL_USDT | −0.877% | +0.0100% | 4h | $14.0M | $7.5M | 100x | as long as short |
| Bitget XPLUSDT | −0.877% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| Extended XPL-USD | −0.851% | +0.0104% | 1h | $643K | $832K | 25x | as long as short |
| Paradex XPL-USD-PERP | −0.832% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| Aster XPLUSDT | −0.789% | +0.0100% | 4h | $268K | $451K | 20x | as long as short |
| BloFin XPL-USDT | −0.777% | +0.0340% | 4h | $1.7M | $1.2M | 75x | as long as short |
| SunX XPL-USDT | −0.767% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| Hyperliquid XPL | −0.763% | +0.0130% | 1h | $64.7M | $40.1M | 10x | as long as short |
| dYdX XPL-USD | −0.748% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Pacifica XPL | −0.695% | +0.0100% | 1h | $225K | $15K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.598% | +0.0017% | 4h | $28K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.578% | −0.0151% | 1h | $50K | $17K | 25x | as long as short |
| Backpack XPL_USDC_PERP | −0.568% | −0.0180% | 1h | $184K | $288K | 10x | as long as short |
| Aevo XPL-PERP | −0.568% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| SoDEX XPL-USD | −0.568% | +0.0100% | 1h | $207 | $9K | 10x | as long as short |
| Nado XPL-PERP | −0.456% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| HTX XPL-USDT | −0.408% | +0.0100% | 4h | $145K | $244K | 20x | as long as short |
| ApeX Omni XPLUSDT | −0.369% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| Variational Omni XPL | −0.335% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Phoenix XPLlong | 0.000% | +0.0245% | 1h | $205K | $618K | 10x | |
| Kraken Futures PF_XPLUSD | +0.131% | +0.1426% | 1h | $257K | $590K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.319% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |