After costs, if the gap returns to its 7d average, $10k−$22
spread now−0.049%7d average−0.095%fees + slippage, in and out−$26spread needed0.263%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps XPL-USD | 0.09950 | 0.0100 | pay 0.0013% / 1h | 56m 12s | $137K | $3.5M | 10x |
| Short | MEXC XPL_USDT | 0.09945 | 0.0100 | get 0.0050% / 4h | 3h 56m | $14.0M | $7.5M | 100x |
Polymarket Perps XPL-USD
MEXC XPL_USDTPrice 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
- −$4.92
- Funding while held
- $0
- Slippage, 4 orders
- −$18.35
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$31.27
- Spread needed to break even
- 0.263%
Slippage from Polymarket Perps: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 3.83 bp | 7.8 bp −$8 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.56 bp | 6.1 bp −$6 | 14.6 bp −$146 | 100.4 bp −$10.0K | 229.1 bp −$114.6K |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
Variational Omni0.09788+29.292%Phoenix0.09816+29.668%HTX0.09816+29.668%ApeX Omni0.09820+29.721%BloFin0.09828+29.827%Backpack0.09882+30.540%Paradex0.09917+31.006%dYdX0.09918+31.021%BingX0.09924+31.095%Pacifica0.09926+31.120%01 Exchange0.09928+31.148%SunX0.09930+31.174%Lighter0.09937+31.267%KuCoin0.09937+31.267%SoDEX0.09940+31.306%
Reya
Variational Omni
Phoenix
HTX
ApeX Omni
BloFin
Backpack
Paradex
dYdX
BingX
Pacifica
SunX
Lighter
KuCoin
SoDEXMEXC0.09945+31.372%
Extended0.09946+31.385%Nado0.09948+31.409%Orderly0.09948+31.412%Aster0.09948+31.416%
Extended
Nado
Orderly
AsterPolymarket Perps0.09950+31.437%
Gate0.09950+31.438%Aevo0.09950+31.438%GMX0.09951+31.446%Bybit0.09951+31.451%Binance0.09952+31.466%Bitget0.09953+31.478%OKX0.09955+31.504%Bulk0.09955+31.505%Hyperliquid0.09956+31.516%Deribit0.09956+31.518%gTrade (Gains Network)0.09960+31.566%Kraken Futures0.09991+31.985%Coinbase International0.1015+34.041%
Gate
Aevo
GMX
Bybit
Binance
Bitget
OKX
Bulk
Hyperliquid
Deribit
gTrade (Gains Network)
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 | −23.918% | 0.0000% | 1h | — | — | — | as long as short |
| Variational Omni XPL | −1.632% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Phoenix XPL | −1.346% | +0.0245% | 1h | $200K | $618K | 10x | as long as short |
| HTX XPL-USDT | −1.346% | +0.0100% | 4h | $142K | $253K | 20x | as long as short |
| ApeX Omni XPLUSDT | −1.306% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| BloFin XPL-USDT | −1.225% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| Backpack XPL_USDC_PERP | −0.682% | −0.0298% | 1h | $183K | $290K | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.328% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| dYdX XPL-USD | −0.317% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| BingX XPL-USDT | −0.260% | +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 | |
|---|---|---|---|---|---|---|---|
| Pacifica XPL | −0.241% | +0.0100% | 1h | $224K | $15K | 10x | as long as short |
| 01 Exchange XPLUSD | −0.220% | −0.0360% | 1h | $577 | $582 | 5x | as long as short |
| SunX XPL-USDT | −0.200% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Lighter XPL | −0.130% | −0.0584% | 1h | $4.5M | $4.2M | 10x | as long as short |
| KuCoin XPLUSDTM | −0.130% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| SoDEX XPL-USD | −0.099% | +0.0100% | 1h | $207 | $9K | 10x | as long as short |
| MEXC XPL_USDTshort | −0.049% | +0.0100% | 4h | $14.0M | $7.5M | 100x | |
| Extended XPL-USD | −0.039% | +0.0104% | 1h | $643K | $825K | 25x | as long as short |
| Nado XPL-PERP | −0.022% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.019% | +0.0022% | 4h | $28K | $331K | 10x | as long as short |
| Aster XPLUSDT | −0.016% | +0.0100% | 4h | $268K | $449K | 20x | as long as short |
| Polymarket Perps XPL-USDlong | 0.000% | +0.0100% | 1h | $137K | $3.5M | 10x | |
| Gate XPL_USDT | +0.001% | −0.0124% | 4h | $3.1M | $3.9M | 75x | as long as short |
| Aevo XPL-PERP | +0.001% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.007% | L −0.0040% / S +0.0454% | 1h | $134K | — | 100x | as long as short |
| Bybit XPLUSDT | +0.011% | +0.0100% | 4h | $48.2M | $48.8M | 75x | as long as short |
| Binance XPLUSDT | +0.022% | +0.0100% | 4h | $45.5M | $97.2M | 75x | as long as short |
| Bitget XPLUSDT | +0.031% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.051% | +0.0100% | 4h | $9.3M | $53.6M | 50x | as long as short |
| Bulk XPL-USD | +0.052% | +0.0100% | 1h | $140K | $6K | 10x | as long as short |
| Hyperliquid XPL | +0.060% | +0.0100% | 1h | $64.6M | $38.9M | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.061% | +0.0051% | 1h | $49K | $17K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.098% | L +0.0005% / S −0.0004% | 1h | $55K | — | 150x | as long as short |
| Kraken Futures PF_XPLUSD | +0.417% | +0.1434% | 1h | $256K | $589K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +1.981% | +0.0840% | 1h | $76K | $133K | 50x | as long as short |