After costs, if the gap returns to its 7d average, $10k−$368
spread now+0.100%7d average+0.320%fees + slippage, in and out−$346spread needed3.462%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XPL-USDT | 0.09970 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $2K | $1.9M | 20x |
| Short | Phoenix XPL | 0.09980 | 0.0324 | get 0.0041% / 1h | 36m 39s | $204K | $621K | 10x |
SunX XPL-USDT
Phoenix XPLPrice 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
- $10.03
- Funding while held
- $6.73
- Slippage, 4 orders
- −$329.25
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$329.49
- Spread needed to break even
- 3.462%
Slippage from SunX: live order book, 5 min ago; Phoenix: live order book, 63 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0224%
- Per $10,000 a day
- +$6.73
- 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 | 35.19 bp | 166.4 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 63 min ago | 1.00 bp | 14.5 bp −$15 | 47.9 bp −$479 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
Bulk0.09960+31.558%HTX0.09963+31.601%Variational Omni0.09965+31.627%
Reya
Bulk
HTX
Variational OmniSunX0.09970+31.694%
BloFin0.09979+31.813%
BloFinPhoenix0.09980+31.826%
SoDEX0.09980+31.826%Orderly0.09981+31.839%GMX0.09983+31.868%gTrade (Gains Network)0.09984+31.876%Deribit0.09985+31.892%Lighter0.09988+31.932%Aevo0.09990+31.958%Polymarket Perps0.09990+31.959%Gate0.1000+32.090%Backpack0.1000+32.090%ApeX Omni0.1000+32.090%dYdX0.1000+32.107%Bybit0.1000+32.117%MEXC0.1000+32.130%Binance0.1000+32.143%BingX0.1001+32.156%Nado0.1001+32.156%Extended0.1001+32.161%OKX0.1001+32.169%KuCoin0.1001+32.169%Aster0.1001+32.176%Paradex0.1001+32.190%Pacifica0.1001+32.191%Bitget0.1001+32.222%01 Exchange0.1001+32.262%Kraken Futures0.1002+32.325%Hyperliquid0.1002+32.368%Coinbase International0.1002+32.394%
SoDEX
Orderly
GMX
gTrade (Gains Network)
Deribit
Lighter
Aevo
Polymarket Perps
Gate
Backpack
ApeX Omni
dYdX
Bybit
MEXC
Binance
BingX
Nado
Extended
OKX
KuCoin
Aster
Paradex
Pacifica
Bitget
Kraken Futures
Hyperliquid
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.066% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.103% | +0.0100% | 1h | $141K | $53K | 10x | as long as short |
| HTX XPL-USDT | −0.070% | +0.0100% | 4h | $144K | $241K | 20x | as long as short |
| Variational Omni XPL | −0.051% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| SunX XPL-USDTlong | 0.000% | +0.0100% | 4h | $2K | $1.9M | 20x | |
| BloFin XPL-USDT | +0.090% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Phoenix XPLshort | +0.100% | +0.0324% | 1h | $204K | $621K | 10x | |
| SoDEX XPL-USD | +0.100% | +0.0100% | 1h | $204 | $10K | 10x | as long as short |
| Orderly PERP_XPL_USDC | +0.110% | +0.0041% | 4h | $28K | $333K | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.132% | L +0.0205% / S +0.0037% | 1h | $139K | — | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XPL/USD | +0.138% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.150% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| Lighter XPL | +0.181% | −0.0616% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Aevo XPL-PERP | +0.201% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Polymarket Perps XPL-USD | +0.202% | +0.0100% | 1h | $131K | $2.7M | 10x | as long as short |
| Gate XPL_USDT | +0.301% | +0.0100% | 4h | $3.1M | $4.0M | 75x | as long as short |
| Backpack XPL_USDC_PERP | +0.301% | −0.0373% | 1h | $184K | $282K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.301% | +0.0100% | 1h | $26K | $82K | 50x | as long as short |
| dYdX XPL-USD | +0.314% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Bybit XPLUSDT | +0.321% | +0.0100% | 4h | $48.1M | $49.4M | 75x | as long as short |
| MEXC XPL_USDT | +0.331% | +0.0100% | 4h | $13.8M | $7.3M | 100x | as long as short |
| Binance XPLUSDT | +0.341% | +0.0100% | 4h | $45.6M | $100.0M | 75x | as long as short |
| BingX XPL-USDT | +0.351% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Nado XPL-PERP | +0.351% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Extended XPL-USD | +0.355% | +0.0104% | 1h | $641K | $845K | 25x | as long as short |
| OKX XPL-USDT-SWAP | +0.361% | +0.0100% | 4h | $9.4M | $53.1M | 50x | as long as short |
| KuCoin XPLUSDTM | +0.361% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| Aster XPLUSDT | +0.366% | +0.0100% | 4h | $268K | $459K | 20x | as long as short |
| Paradex XPL-USD-PERP | +0.377% | +0.0098% | 8h | $13K | $2K | 5x | as long as short |
| Pacifica XPL | +0.377% | +0.0100% | 1h | $226K | $14K | 10x | as long as short |
| Bitget XPLUSDT | +0.401% | +0.0100% | 4h | $8.8M | $10.8M | 75x | as long as short |
| 01 Exchange XPLUSD | +0.431% | −0.0040% | 1h | $582 | $583 | 5x | as long as short |
| Kraken Futures PF_XPLUSD | +0.480% | +0.2749% | 1h | $300K | $685K | 10x | as long as short |
| Hyperliquid XPL | +0.512% | +0.0294% | 1h | $66.0M | $43.5M | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.532% | +0.0848% | 1h | $77K | $117K | 50x | as long as short |