data as of
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Price arb /

XPL

all XPL markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$195
spread now−0.506%7d average−0.109%fees + slippage, in and out−$155spread needed1.553%
Long on Polymarket PerpsShort on HTX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps XPL-USD0.10270.0100pay 0.0013% / 1h41m 41s$140K$3.6M10x
ShortHTX XPL-USDT0.10220.0100get 0.0050% / 4h1h 41m$151K$251K20x

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
−$50.61
Funding while held
$0
Slippage, 4 orders
−$135.34
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$205.95
Spread needed to break even
1.553%
Slippage from Polymarket Perps: live order book, 4 min ago; HTX: live order book, 11 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 4 min ago3.92 bp7.9 bp −$88.4 bp −$84doesn't fitdoesn't fit
Sell HTX live order book, 11 min ago28.48 bp104.3 bp −$104doesn't fitdoesn't fitdoesn't fit

XPL price on every exchange

against the cheapest. Click to use as the short leg.
Reya0.07571cheapest
Bulk0.1011+33.536%Variational Omni0.1012+33.626%ApeX Omni0.1017+34.328%Phoenix0.1021+34.883%BloFin0.1022+34.923%
HTX0.1022+35.015%
Lighter0.1026+35.543%Extended0.1027+35.604%Nado0.1027+35.623%MEXC0.1027+35.636%BingX0.1027+35.636%dYdX0.1027+35.642%OKX0.1027+35.662%Gate0.1027+35.662%KuCoin0.1027+35.689%Bybit0.1027+35.702%
Polymarket Perps0.1027+35.702%
Paradex0.1028+35.736%Bitget0.1028+35.755%Binance0.1028+35.774%SunX0.1028+35.781%Pacifica0.1028+35.818%GMX0.1028+35.823%gTrade (Gains Network)0.1029+35.875%SoDEX0.1029+35.913%Orderly0.1029+35.940%Backpack0.1029+35.953%Coinbase International0.1029+35.966%Aevo0.1030+36.019%Deribit0.1030+36.019%Aster0.1030+36.032%Kraken Futures0.1030+36.100%Hyperliquid0.1031+36.164%

XPL on 34 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya XPLRUSDPERP−26.309%0.0000%1h———as long as short
Bulk XPL-USD−1.596%+0.0100%1h$142K$35K10xas long as short
Variational Omni XPL−1.530%+0.0100%4h$1.8M$1.4M—as long as short
ApeX Omni XPLUSDT−1.012%+0.0100%1h$30K$84K50xas long as short
Phoenix XPL−0.603%+0.0391%1h$221K$528K10xas long as short
BloFin XPL-USDT−0.574%+0.0340%4h$2.0M$1.1M75xas long as short
HTX XPL-USDTshort−0.506%+0.0100%4h$151K$251K20x
Lighter XPL−0.117%−0.0776%1h$4.6M$3.8M10xas long as short
Extended XPL-USD−0.072%+0.0104%1h$673K$780K25xas long as short
Nado XPL-PERP−0.058%+0.0100%1h$1.5M$2.2M10xas long as short
Show all 34 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC XPL_USDT−0.049%+0.0100%4h$14.5M$6.9M100xas long as short
BingX XPL-USDT−0.049%+0.0100%4h—$7.9M—as long as short
dYdX XPL-USD−0.044%0.0000%1h$9K—5xas long as short
OKX XPL-USDT-SWAP−0.029%+0.0100%4h$10.1M$51.9M50xas long as short
Gate XPL_USDT−0.029%+0.0100%4h$3.2M$3.7M75xas long as short
KuCoin XPLUSDTM−0.010%+0.0100%4h$2.8M$1.3M50xas long as short
Bybit XPLUSDT0.000%+0.0100%4h$50.4M$44.0M75xas long as short
Polymarket Perps XPL-USDlong0.000%+0.0100%1h$140K$3.6M10x
Paradex XPL-USD-PERP+0.025%+0.0095%8h$12K$9465xas long as short
Bitget XPLUSDT+0.039%+0.0100%4h$9.4M$10.2M75xas long as short
Binance XPLUSDT+0.053%+0.0100%4h$48.3M$87.2M75xas long as short
SunX XPL-USDT+0.058%+0.0100%4h$3K$1.8M20xas long as short
Pacifica XPL+0.086%+0.0100%1h$232K$18K10xas long as short
GMX XPL/USD [WBTC.b-USDC]+0.090%L −0.0034% / S +0.0448%1h$137K—100xas long as short
gTrade (Gains Network) XPL/USD+0.128%L +0.0005% / S −0.0004%1h$74K—150xas long as short
SoDEX XPL-USD+0.156%+0.0100%1h$309$9K10xas long as short
Orderly PERP_XPL_USDC+0.175%+0.0044%4h$28K$331K10xas long as short
Backpack XPL_USDC_PERP+0.185%−0.0325%1h$188K$277K10xas long as short
Coinbase International XPL-PERP-INTX+0.195%+0.0880%1h$108K$121K50xas long as short
Aevo XPL-PERP+0.234%+0.0104%1h$40K$5K3xas long as short
Deribit XPL_USDC-PERPETUAL+0.234%0.0000%1h$47K$10K25xas long as short
Aster XPLUSDT+0.243%+0.0100%4h$313K$401K20xas long as short
Kraken Futures PF_XPLUSD+0.293%+0.0510%1h$141K$387K10xas long as short
Hyperliquid XPL+0.341%+0.0155%1h$68.7M$33.7M10xas long as short