Spread before costs (cost unknown: a leg has no order-book sample)−0.058%
7d average—if it closes, per $10,000$6funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XPL-USD | 0.1030 | 0.0100 | pay 0.0013% / 1h | 40m 18s | $309 | $9K | 10x |
| Short | BingX XPL-USDT | 0.1029 | 0.0100 | get 0.0050% / 4h | 1h 40m | — | $7.9M | — |
SoDEX XPL-USD
BingX 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
- −$5.83
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$23.83
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; BingX: live order book, 4 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 4 min ago | 5.89 bp | 20.5 bp −$21 | 45.7 bp −$457 | 112.4 bp −$11.2K | doesn't fit |
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.Reya0.07571cheapest
Bulk0.1011+33.536%Phoenix0.1021+34.883%HTX0.1022+35.015%ApeX Omni0.1023+35.121%Backpack0.1027+35.649%SunX0.1027+35.649%Lighter0.1028+35.742%BloFin0.1028+35.794%Variational Omni0.1029+35.854%Orderly0.1029+35.874%dYdX0.1029+35.929%Bybit0.1029+35.940%Kraken Futures0.1029+35.960%
Reya
Bulk
Phoenix
HTX
ApeX Omni
Backpack
SunX
Lighter
BloFin
Variational Omni
Orderly
dYdX
Bybit
Kraken FuturesBingX0.1029+35.966%
Coinbase International0.1029+35.966%gTrade (Gains Network)0.1029+35.967%Extended0.1030+35.986%Binance0.1030+36.011%OKX0.1030+36.019%Deribit0.1030+36.019%
Coinbase International
gTrade (Gains Network)
Extended
Binance
OKX
DeribitSoDEX0.1030+36.045%
Gate0.1030+36.059%Pacifica0.1030+36.064%Aevo0.1030+36.078%Paradex0.1030+36.091%GMX0.1030+36.096%Nado0.1031+36.121%MEXC0.1031+36.138%KuCoin0.1031+36.138%Bitget0.1031+36.151%Aster0.1031+36.191%Polymarket Perps0.1032+36.270%Hyperliquid0.1033+36.415%
Gate
Pacifica
Aevo
Paradex
GMX
Nado
MEXC
KuCoin
Bitget
Aster
Polymarket Perps
HyperliquidXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.495% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −1.845% | +0.0100% | 1h | $142K | $35K | 10x | as long as short |
| Phoenix XPL | −0.854% | +0.0391% | 1h | $221K | $528K | 10x | as long as short |
| HTX XPL-USDT | −0.757% | +0.0100% | 4h | $151K | $251K | 20x | as long as short |
| ApeX Omni XPLUSDT | −0.680% | +0.0100% | 1h | $30K | $84K | 50x | as long as short |
| Backpack XPL_USDC_PERP | −0.291% | −0.0280% | 1h | $187K | $277K | 10x | as long as short |
| SunX XPL-USDT | −0.291% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Lighter XPL | −0.223% | −0.0744% | 1h | $4.6M | $3.9M | 10x | as long as short |
| BloFin XPL-USDT | −0.184% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Variational Omni XPL | −0.141% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_XPL_USDC | −0.126% | +0.0042% | 4h | $28K | $331K | 10x | as long as short |
| dYdX XPL-USD | −0.086% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Bybit XPLUSDT | −0.078% | +0.0100% | 4h | $50.6M | $44.0M | 75x | as long as short |
| Kraken Futures PF_XPLUSD | −0.063% | +0.0510% | 1h | $142K | $390K | 10x | as long as short |
| BingX XPL-USDTshort | −0.058% | +0.0100% | 4h | — | $7.9M | — | |
| Coinbase International XPL-PERP-INTX | −0.058% | +0.0880% | 1h | $108K | $120K | 50x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.057% | L +0.0005% / S −0.0004% | 1h | $75K | — | 150x | as long as short |
| Extended XPL-USD | −0.043% | +0.0104% | 1h | $673K | $780K | 25x | as long as short |
| Binance XPLUSDT | −0.025% | +0.0100% | 4h | $48.4M | $87.4M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.019% | +0.0100% | 4h | $10.1M | $52.2M | 50x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.019% | −0.0041% | 1h | $47K | $10K | 25x | as long as short |
| SoDEX XPL-USDlong | 0.000% | +0.0100% | 1h | $309 | $9K | 10x | |
| Gate XPL_USDT | +0.010% | +0.0100% | 4h | $3.2M | $3.7M | 75x | as long as short |
| Pacifica XPL | +0.014% | +0.0100% | 1h | $232K | $18K | 10x | as long as short |
| Aevo XPL-PERP | +0.024% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| Paradex XPL-USD-PERP | +0.034% | +0.0095% | 8h | $12K | $946 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.037% | L −0.0034% / S +0.0448% | 1h | $137K | — | 100x | as long as short |
| Nado XPL-PERP | +0.056% | +0.0100% | 1h | $1.5M | $2.2M | 10x | as long as short |
| MEXC XPL_USDT | +0.068% | +0.0100% | 4h | $14.6M | $6.9M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.068% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Bitget XPLUSDT | +0.078% | +0.0100% | 4h | $9.4M | $10.2M | 75x | as long as short |
| Aster XPLUSDT | +0.107% | +0.0100% | 4h | $313K | $401K | 20x | as long as short |
| Polymarket Perps XPL-USD | +0.165% | +0.0100% | 1h | $145K | $3.6M | 10x | as long as short |
| Hyperliquid XPL | +0.272% | +0.0172% | 1h | $68.8M | $33.7M | 10x | as long as short |