Spread before costs (cost unknown: a leg has no order-book sample)−0.186%
7d average−0.041%if it closes, per $10,000$19funding while held, a day−$27.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XPL | 0.1000 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $1.7M | $1.8M | — |
| Short | Lighter XPL | 0.09982 | −0.0824 | pay 0.0103% / 1h | 22m 48s | $4.5M | $4.2M | 10x |
Variational Omni XPL
Lighter 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
- −$18.65
- Funding while held
- −$27.72
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.37
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0924%
- Per $10,000 a day
- −$27.72
- 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 Variational Omni RFQ quote, 3 min ago | 9.99 bp | doesn't fit | 99.9 bp −$999 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 3.00 bp | 6.9 bp −$7 | 39.4 bp −$394 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
ReyaLighter0.09982+31.865%
SunX0.09990+31.971%SoDEX0.09990+31.971%Orderly0.09991+31.984%Deribit0.09993+32.010%KuCoin0.09994+32.023%Aevo0.09995+32.037%GMX0.09996+32.047%Bybit0.09996+32.050%MEXC0.09996+32.050%BingX0.09996+32.050%Binance0.09996+32.051%Gate0.09997+32.063%OKX0.09998+32.076%Extended0.09998+32.080%gTrade (Gains Network)0.09999+32.093%
SunX
SoDEX
Orderly
Deribit
KuCoin
Aevo
GMX
Bybit
MEXC
BingX
Binance
Gate
OKX
Extended
gTrade (Gains Network)Variational Omni0.1000+32.111%
Bitget0.1000+32.116%Backpack0.1000+32.116%BloFin0.1000+32.116%Aster0.1000+32.128%Paradex0.1000+32.137%Nado0.1000+32.162%01 Exchange0.1001+32.195%Polymarket Perps0.1001+32.208%ApeX Omni0.1001+32.235%Pacifica0.1001+32.248%HTX0.1001+32.274%Bulk0.1001+32.287%Hyperliquid0.1002+32.301%dYdX0.1002+32.342%Phoenix0.1002+32.354%Kraken Futures0.1004+32.680%Coinbase International0.1006+32.829%
Bitget
Backpack
BloFin
Aster
Paradex
Nado
Polymarket Perps
ApeX Omni
Pacifica
HTX
Bulk
Hyperliquid
dYdX
Phoenix
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 | −24.306% | 0.0000% | 1h | — | — | — | as long as short |
| Lighter XPLshort | −0.186% | −0.0824% | 1h | $4.5M | $4.2M | 10x | |
| SunX XPL-USDT | −0.106% | +0.0100% | 4h | $2K | $2.0M | 20x | as long as short |
| SoDEX XPL-USD | −0.106% | +0.0100% | 1h | $209 | $9K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.096% | +0.0021% | 4h | $28K | $333K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.076% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| KuCoin XPLUSDTM | −0.066% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Aevo XPL-PERP | −0.056% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.048% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Bybit XPLUSDT | −0.046% | +0.0100% | 4h | $48.2M | $49.4M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC XPL_USDT | −0.046% | +0.0100% | 4h | $14.0M | $7.6M | 100x | as long as short |
| BingX XPL-USDT | −0.046% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Binance XPLUSDT | −0.046% | +0.0100% | 4h | $45.6M | $99.0M | 75x | as long as short |
| Gate XPL_USDT | −0.036% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.026% | +0.0100% | 4h | $9.4M | $54.6M | 50x | as long as short |
| Extended XPL-USD | −0.024% | +0.0104% | 1h | $647K | $829K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.013% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Variational Omni XPLlong | 0.000% | +0.0100% | 4h | $1.7M | $1.8M | — | |
| Bitget XPLUSDT | +0.003% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| Backpack XPL_USDC_PERP | +0.003% | −0.0157% | 1h | $184K | $288K | 10x | as long as short |
| BloFin XPL-USDT | +0.003% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Aster XPLUSDT | +0.013% | +0.0100% | 4h | $267K | $454K | 20x | as long as short |
| Paradex XPL-USD-PERP | +0.020% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| Nado XPL-PERP | +0.038% | +0.0100% | 1h | $1.5M | $2.5M | 10x | as long as short |
| 01 Exchange XPLUSD | +0.063% | −0.0112% | 1h | $582 | $582 | 5x | as long as short |
| Polymarket Perps XPL-USD | +0.073% | +0.0100% | 1h | $135K | $3.4M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.093% | +0.0100% | 1h | $30K | $92K | 50x | as long as short |
| Pacifica XPL | +0.103% | +0.0100% | 1h | $226K | $15K | 10x | as long as short |
| HTX XPL-USDT | +0.123% | +0.0100% | 4h | $145K | $242K | 20x | as long as short |
| Bulk XPL-USD | +0.133% | +0.0100% | 1h | $142K | $52K | 10x | as long as short |
| Hyperliquid XPL | +0.143% | +0.0202% | 1h | $65.6M | $40.8M | 10x | as long as short |
| dYdX XPL-USD | +0.174% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Phoenix XPL | +0.183% | +0.0245% | 1h | $204K | $618K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.430% | +0.1427% | 1h | $255K | $588K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.543% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |