After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.188%7d average−0.092%fees + slippage, in and out−$43spread needed0.433%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps XPL-USD | 0.1001 | 0.0100 | pay 0.0013% / 1h | 23m 28s | $135K | $3.4M | 10x |
| Short | Binance XPLUSDT | 0.09989 | 0.0100 | get 0.0050% / 4h | 3h 23m | $45.6M | $99.0M | 75x |
Polymarket Perps XPL-USD
Binance XPLUSDTPrice 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
- −$18.82
- Funding while held
- $0
- Slippage, 4 orders
- −$25.28
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.1
- Spread needed to break even
- 0.433%
Slippage from Polymarket Perps: live order book, 2 min ago; Binance: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Polymarket Perps live order book, 2 min ago | 2.95 bp | 10.9 bp −$11 | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.50 bp | 12.9 bp −$13 | 31.2 bp −$312 | 119.3 bp −$11.9K | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
SunX0.09980+31.839%KuCoin0.09984+31.891%OKX0.09988+31.944%Bybit0.09989+31.957%
Reya
SunX
KuCoin
OKX
BybitBinance0.09989+31.960%
Orderly0.09991+31.984%Gate0.09992+31.997%Lighter0.09994+32.023%BingX0.09994+32.023%Aevo0.09995+32.037%GMX0.09996+32.047%MEXC0.09996+32.050%gTrade (Gains Network)0.09999+32.093%Variational Omni0.1000+32.111%Bitget0.1000+32.129%Paradex0.1000+32.137%Nado0.1000+32.162%Extended0.1001+32.176%01 Exchange0.1001+32.195%
Orderly
Gate
Lighter
BingX
Aevo
GMX
MEXC
gTrade (Gains Network)
Variational Omni
Bitget
Paradex
Nado
ExtendedPolymarket Perps0.1001+32.208%
Deribit0.1001+32.208%ApeX Omni0.1001+32.235%SoDEX0.1001+32.235%Aster0.1001+32.240%Pacifica0.1001+32.248%BloFin0.1001+32.261%HTX0.1001+32.274%Bulk0.1001+32.287%Backpack0.1002+32.301%dYdX0.1002+32.342%Phoenix0.1002+32.354%Hyperliquid0.1002+32.379%Coinbase International0.1006+32.829%Kraken Futures0.1006+32.854%
Deribit
ApeX Omni
SoDEX
Aster
Pacifica
BloFin
HTX
Bulk
Backpack
dYdX
Phoenix
Hyperliquid
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 | −24.362% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.280% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| KuCoin XPLUSDTM | −0.240% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| OKX XPL-USDT-SWAP | −0.200% | +0.0100% | 4h | $9.4M | $54.5M | 50x | as long as short |
| Bybit XPLUSDT | −0.190% | +0.0100% | 4h | $48.1M | $49.4M | 75x | as long as short |
| Binance XPLUSDTshort | −0.188% | +0.0100% | 4h | $45.6M | $99.0M | 75x | |
| Orderly PERP_XPL_USDC | −0.170% | +0.0021% | 4h | $28K | $333K | 10x | as long as short |
| Gate XPL_USDT | −0.160% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| Lighter XPL | −0.140% | −0.0832% | 1h | $4.5M | $4.2M | 10x | as long as short |
| BingX XPL-USDT | −0.140% | +0.0100% | 4h | — | $7.9M | — | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo XPL-PERP | −0.130% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.122% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| MEXC XPL_USDT | −0.120% | +0.0100% | 4h | $14.0M | $7.6M | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.087% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Variational Omni XPL | −0.073% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Bitget XPLUSDT | −0.060% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| Paradex XPL-USD-PERP | −0.054% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| Nado XPL-PERP | −0.035% | +0.0100% | 1h | $1.5M | $2.5M | 10x | as long as short |
| Extended XPL-USD | −0.025% | +0.0104% | 1h | $647K | $829K | 25x | as long as short |
| 01 Exchange XPLUSD | −0.010% | −0.0112% | 1h | $582 | $582 | 5x | as long as short |
| Polymarket Perps XPL-USDlong | 0.000% | +0.0100% | 1h | $135K | $3.4M | 10x | |
| Deribit XPL_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| ApeX Omni XPLUSDT | +0.020% | +0.0100% | 1h | $30K | $92K | 50x | as long as short |
| SoDEX XPL-USD | +0.020% | +0.0100% | 1h | $209 | $9K | 10x | as long as short |
| Aster XPLUSDT | +0.024% | +0.0100% | 4h | $267K | $454K | 20x | as long as short |
| Pacifica XPL | +0.030% | +0.0100% | 1h | $226K | $15K | 10x | as long as short |
| BloFin XPL-USDT | +0.040% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| HTX XPL-USDT | +0.050% | +0.0100% | 4h | $145K | $242K | 20x | as long as short |
| Bulk XPL-USD | +0.060% | +0.0100% | 1h | $142K | $52K | 10x | as long as short |
| Backpack XPL_USDC_PERP | +0.070% | −0.0157% | 1h | $185K | $288K | 10x | as long as short |
| dYdX XPL-USD | +0.101% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Phoenix XPL | +0.110% | +0.0245% | 1h | $204K | $618K | 10x | as long as short |
| Hyperliquid XPL | +0.129% | +0.0198% | 1h | $65.7M | $40.8M | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.470% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.488% | +0.1425% | 1h | $255K | $588K | 10x | as long as short |