Spread before costs (cost unknown: a leg has no order-book sample)+0.090%
7d average—if it closes, per $10,000$9funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XPL-USD | 0.09960 | 0.0100 | pay 0.0013% / 1h | 13m 16s | $200 | $9K | 10x |
| Short | Bybit XPLUSDT | 0.09969 | 0.0100 | get 0.0050% / 4h | 3h 13m | $48.1M | $49.1M | 75x |
SoDEX XPL-USD
Bybit 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
- $9.04
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$9.96
- Spread needed to break even
- 0.190%
Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 0.50 bp | 18.1 bp −$18 | 51.0 bp −$510 | doesn't fit | 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.Reya0.07570cheapest
Bulk0.09926+31.131%HTX0.09930+31.178%ApeX Omni0.09940+31.310%BloFin0.09946+31.389%Lighter0.09947+31.403%Gate0.09948+31.416%Paradex0.09948+31.418%01 Exchange0.09949+31.429%SunX0.09950+31.442%Nado0.09951+31.452%Aster0.09952+31.473%dYdX0.09955+31.503%Variational Omni0.09955+31.509%GMX0.09956+31.515%Pacifica0.09956+31.525%Polymarket Perps0.09957+31.532%gTrade (Gains Network)0.09957+31.535%Extended0.09957+31.537%
Reya
Bulk
HTX
ApeX Omni
BloFin
Lighter
Gate
Paradex
SunX
Nado
Aster
dYdX
Variational Omni
GMX
Pacifica
Polymarket Perps
gTrade (Gains Network)
ExtendedSoDEX0.09960+31.574%
Orderly0.09961+31.588%Binance0.09962+31.605%Hyperliquid0.09964+31.628%KuCoin0.09966+31.654%Phoenix0.09966+31.654%Aevo0.09967+31.672%Deribit0.09968+31.680%
Orderly
Binance
Hyperliquid
KuCoin
Phoenix
Aevo
DeribitBybit0.09969+31.693%
OKX0.09973+31.746%MEXC0.09974+31.759%BingX0.09978+31.812%Bitget0.09983+31.878%Backpack0.09984+31.891%Kraken Futures0.1000+32.142%Coinbase International0.1006+32.829%
OKX
MEXC
BingX
Bitget
Backpack
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 | −23.997% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.337% | +0.0100% | 1h | $141K | $52K | 10x | as long as short |
| HTX XPL-USDT | −0.301% | +0.0100% | 4h | $144K | $240K | 20x | as long as short |
| ApeX Omni XPLUSDT | −0.201% | +0.0100% | 1h | $29K | $92K | 50x | as long as short |
| BloFin XPL-USDT | −0.141% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Lighter XPL | −0.131% | −0.0896% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Gate XPL_USDT | −0.120% | +0.0100% | 4h | $3.0M | $3.9M | 75x | as long as short |
| Paradex XPL-USD-PERP | −0.119% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| 01 Exchange XPLUSD | −0.110% | −0.0120% | 1h | $578 | $582 | 5x | as long as short |
| SunX XPL-USDT | −0.100% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado XPL-PERP | −0.093% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Aster XPLUSDT | −0.077% | +0.0100% | 4h | $265K | $455K | 20x | as long as short |
| dYdX XPL-USD | −0.054% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Variational Omni XPL | −0.050% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.045% | L −0.0039% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Pacifica XPL | −0.037% | +0.0100% | 1h | $225K | $15K | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.032% | +0.0100% | 1h | $135K | $3.4M | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.030% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Extended XPL-USD | −0.028% | +0.0104% | 1h | $643K | $826K | 25x | as long as short |
| SoDEX XPL-USDlong | 0.000% | +0.0100% | 1h | $200 | $9K | 10x | |
| Orderly PERP_XPL_USDC | +0.010% | +0.0021% | 4h | $28K | $333K | 10x | as long as short |
| Binance XPLUSDT | +0.023% | +0.0100% | 4h | $45.3M | $98.7M | 75x | as long as short |
| Hyperliquid XPL | +0.041% | +0.0136% | 1h | $64.7M | $41.2M | 10x | as long as short |
| KuCoin XPLUSDTM | +0.060% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Phoenix XPL | +0.060% | +0.0245% | 1h | $203K | $618K | 10x | as long as short |
| Aevo XPL-PERP | +0.074% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.080% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| Bybit XPLUSDTshort | +0.090% | +0.0100% | 4h | $48.1M | $49.1M | 75x | |
| OKX XPL-USDT-SWAP | +0.131% | +0.0100% | 4h | $9.4M | $54.0M | 50x | as long as short |
| MEXC XPL_USDT | +0.141% | +0.0100% | 4h | $13.9M | $7.6M | 100x | as long as short |
| BingX XPL-USDT | +0.181% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Bitget XPLUSDT | +0.231% | +0.0100% | 4h | $8.7M | $11.1M | 75x | as long as short |
| Backpack XPL_USDC_PERP | +0.241% | −0.0194% | 1h | $184K | $286K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.431% | +0.1432% | 1h | $254K | $584K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.954% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |