Spread before costs (cost unknown: a leg has no order-book sample)−0.379%
7d average—if it closes, per $10,000$38funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps XPL-USD | 0.1004 | 0.0100 | pay 0.0013% / 1h | 41m 24s | $139K | $3.5M | 10x |
| Short | SoDEX XPL-USD | 0.1000 | 0.0100 | get 0.0013% / 1h | 41m 24s | $208 | $9K | 10x |
Polymarket Perps XPL-USD
SoDEX 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
- −$37.86
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$53.86
- Spread needed to break even
- 0.160%
Slippage unknown: Polymarket Perps: live order book, 4 min ago; SoDEX: no order-book sample. Net counts fees only.
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 | 2.96 bp | 7.0 bp −$7 | 7.2 bp −$72 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
ReyaSoDEX0.1000+32.100%
Bitget0.1000+32.139%Lighter0.1001+32.285%Orderly0.1002+32.311%Bybit0.1002+32.324%Binance0.1002+32.338%MEXC0.1002+32.338%Aevo0.1002+32.351%Gate0.1002+32.364%BingX0.1002+32.364%OKX0.1002+32.390%GMX0.1002+32.405%gTrade (Gains Network)0.1002+32.429%01 Exchange0.1003+32.443%Extended0.1003+32.469%KuCoin0.1003+32.483%Aster0.1003+32.496%Paradex0.1003+32.529%Hyperliquid0.1003+32.562%Pacifica0.1004+32.575%
Bitget
Lighter
Orderly
Bybit
Binance
MEXC
Aevo
Gate
BingX
OKX
GMX
gTrade (Gains Network)
Extended
KuCoin
Aster
Paradex
Hyperliquid
PacificaPolymarket Perps0.1004+32.602%
HTX0.1004+32.602%dYdX0.1004+32.616%Backpack0.1004+32.628%SunX0.1005+32.760%Deribit0.1006+32.853%BloFin0.1006+32.879%ApeX Omni0.1006+32.892%Nado0.1006+32.902%Kraken Futures0.1006+32.926%Phoenix0.1008+33.209%Variational Omni0.1012+33.663%Bulk0.1014+33.930%Coinbase International0.1030+36.036%
HTX
dYdX
Backpack
SunX
Deribit
BloFin
ApeX Omni
Nado
Kraken Futures
Phoenix
Variational Omni
Bulk
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.586% | 0.0000% | 1h | — | — | — | as long as short |
| SoDEX XPL-USDshort | −0.379% | +0.0100% | 1h | $208 | $9K | 10x | |
| Bitget XPLUSDT | −0.349% | +0.0100% | 4h | $8.9M | $10.6M | 75x | as long as short |
| Lighter XPL | −0.239% | −0.0784% | 1h | $4.5M | $4.1M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.219% | +0.0040% | 4h | $28K | $331K | 10x | as long as short |
| Bybit XPLUSDT | −0.209% | +0.0100% | 4h | $49.2M | $46.0M | 75x | as long as short |
| Binance XPLUSDT | −0.199% | +0.0100% | 4h | $46.8M | $91.3M | 75x | as long as short |
| MEXC XPL_USDT | −0.199% | +0.0100% | 4h | $14.1M | $7.2M | 100x | as long as short |
| Aevo XPL-PERP | −0.189% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Gate XPL_USDT | −0.179% | +0.0100% | 4h | $3.1M | $3.8M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX XPL-USDT | −0.179% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| OKX XPL-USDT-SWAP | −0.159% | +0.0100% | 4h | $9.8M | $52.0M | 50x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.148% | L −0.0038% / S +0.0452% | 1h | $134K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.131% | L +0.0005% / S −0.0004% | 1h | $72K | — | 150x | as long as short |
| 01 Exchange XPLUSD | −0.120% | −0.0208% | 1h | $583 | $3K | 5x | as long as short |
| Extended XPL-USD | −0.100% | +0.0104% | 1h | $656K | $802K | 25x | as long as short |
| KuCoin XPLUSDTM | −0.090% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Aster XPLUSDT | −0.080% | +0.0100% | 4h | $271K | $441K | 20x | as long as short |
| Paradex XPL-USD-PERP | −0.055% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| Hyperliquid XPL | −0.030% | +0.0130% | 1h | $66.7M | $35.4M | 10x | as long as short |
| Pacifica XPL | −0.020% | +0.0100% | 1h | $227K | $20K | 10x | as long as short |
| Polymarket Perps XPL-USDlong | 0.000% | +0.0100% | 1h | $139K | $3.5M | 10x | |
| HTX XPL-USDT | 0.000% | +0.0100% | 4h | $148K | $255K | 20x | as long as short |
| dYdX XPL-USD | +0.011% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Backpack XPL_USDC_PERP | +0.020% | −0.0004% | 1h | $185K | $288K | 10x | as long as short |
| SunX XPL-USDT | +0.120% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.189% | −0.0446% | 1h | $47K | $11K | 25x | as long as short |
| BloFin XPL-USDT | +0.209% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| ApeX Omni XPLUSDT | +0.219% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| Nado XPL-PERP | +0.227% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.244% | +0.1632% | 1h | $147K | $428K | 10x | as long as short |
| Phoenix XPL | +0.458% | +0.0312% | 1h | $206K | $596K | 10x | as long as short |
| Variational Omni XPL | +0.800% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Bulk XPL-USD | +1.001% | +0.0100% | 1h | $142K | $15K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +2.590% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |