XPL

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.100%

7d average—if it closes, per $10,000$10funding while held, a day+$0.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XPL-USDT	0.09960	0.0100	pay 0.0050% / 4h	1h 27m	$3K	$1.9M	20x
Short	ApeX Omni XPLUSDT	0.09970	0.0100	get 0.0013% / 1h	27m 31s	$26K	$82K	50x

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 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee SunXbpFee ApeX OmnibpOrdersClose when spread is

Spread captured: $10.04
Funding while held: $0
Slippage, 4 orders: no order book: not counted
Fee SunX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$9.96
Spread needed to break even: 0.200%

Slippage unknown: SunX: live order book, 5 min ago; ApeX Omni: 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 SunX live order book, 5 min ago	35.09 bp	158.0 bp −$158	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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.

XPL on 35 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Reya XPLRUSDPERP	−23.989%	0.0000%	1h	—	—	—	as long as short
Lighter XPL	−0.080%	−0.0680%	1h	$4.5M	$4.2M	10x	as long as short
Gate XPL_USDT	−0.030%	+0.0100%	4h	$3.1M	$4.0M	75x	as long as short
Extended XPL-USD	−0.020%	+0.0104%	1h	$634K	$853K	25x	as long as short
BingX XPL-USDT	−0.020%	+0.0100%	4h	—	$7.9M	—	as long as short
MEXC XPL_USDT	−0.010%	+0.0100%	4h	$13.7M	$7.3M	100x	as long as short
Paradex XPL-USD-PERP	−0.004%	+0.0099%	8h	$13K	$2K	5x	as long as short
SunX XPL-USDTlong	0.000%	+0.0100%	4h	$3K	$1.9M	20x
Bulk XPL-USD	+0.050%	+0.0100%	1h	$141K	$53K	10x	as long as short
Nado XPL-PERP	+0.058%	+0.0100%	1h	$1.4M	$2.6M	10x	as long as short

Show all 35 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin XPLUSDTM	+0.060%	+0.0100%	4h	$2.4M	$1.4M	50x	as long as short
Pacifica XPL	+0.095%	+0.0100%	1h	$226K	$14K	10x	as long as short
ApeX Omni XPLUSDTshort	+0.100%	+0.0100%	1h	$26K	$82K	50x
SoDEX XPL-USD	+0.100%	+0.0100%	1h	$204	$10K	10x	as long as short
dYdX XPL-USD	+0.106%	0.0000%	1h	$8K	—	5x	as long as short
01 Exchange XPLUSD	+0.110%	−0.0040%	1h	$580	$583	5x	as long as short
Aster XPLUSDT	+0.119%	+0.0100%	4h	$267K	$469K	20x	as long as short
Backpack XPL_USDC_PERP	+0.151%	−0.0393%	1h	$184K	$282K	10x	as long as short
Orderly PERP_XPL_USDC	+0.151%	+0.0046%	4h	$28K	$333K	10x	as long as short
HTX XPL-USDT	+0.151%	+0.0100%	4h	$144K	$241K	20x	as long as short
Binance XPLUSDT	+0.162%	+0.0100%	4h	$45.5M	$100.1M	75x	as long as short
Aevo XPL-PERP	+0.178%	+0.0104%	1h	$39K	$5K	3x	as long as short
Deribit XPL_USDC-PERPETUAL	+0.181%	0.0000%	1h	$50K	$17K	25x	as long as short
Variational Omni XPL	+0.190%	+0.0100%	4h	$1.7M	$1.8M	—	as long as short
Bybit XPLUSDT	+0.191%	+0.0100%	4h	$48.0M	$49.4M	75x	as long as short
gTrade (Gains Network) XPL/USD	+0.208%	L +0.0005% / S −0.0004%	1h	$56K	—	150x	as long as short
GMX XPL/USD [WBTC.b-USDC]	+0.217%	L +0.0206% / S +0.0037%	1h	$139K	—	100x	as long as short
OKX XPL-USDT-SWAP	+0.221%	+0.0100%	4h	$9.4M	$52.9M	50x	as long as short
BloFin XPL-USDT	+0.231%	+0.0340%	4h	$1.8M	$1.2M	75x	as long as short
Phoenix XPL	+0.261%	+0.0324%	1h	$204K	$621K	10x	as long as short
Bitget XPLUSDT	+0.281%	+0.0100%	4h	$8.7M	$10.8M	75x	as long as short
Polymarket Perps XPL-USD	+0.324%	+0.0100%	1h	$134K	$2.7M	10x	as long as short
Hyperliquid XPL	+0.366%	+0.0281%	1h	$65.8M	$43.7M	10x	as long as short
Kraken Futures PF_XPLUSD	+0.504%	+0.2751%	1h	$293K	$692K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.633%	+0.0848%	1h	$77K	$117K	50x	as long as short