# XPL Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 08:48 UTC, ArbTide tracks XPL spot and perpetual prices across exchanges. On spot markets, the best route has a 0.03% gross spread, which fees turn into a -0.22% net loss. On perpetual markets, you can buy XPL on XT.COM at 0.0923 and sell on HTX at 0.09266, a 0.17% net spread after 0.22% in taker fees.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Binance | [XPL/USDT](https://www.binance.com/en/trade/XPL_USDT?type=spot) | 0.09243 | 0.09244 | 0.011% | $21.6M | 0.100% |
| MEXC | [XPL/USDT](https://www.mexc.com/exchange/XPL_USDT) | 0.09243 | 0.09244 | 0.011% | $1.6M | 0.080% |
| XT.COM | [XPL/USDT](https://www.xt.com/en/trade/xpl_usdt) | 0.09243 | 0.09244 | 0.011% | $1.1M | 0.200% |
| Toobit | [XPL/USDT](https://www.toobit.com/en-US/spot/XPL_USDT) | 0.09243 | 0.09244 | 0.011% | $2.4M | 0.100% |
| BingX | [XPL/USDT](https://bingx.com/en/spot/XPLUSDT) | 0.09241 | 0.09246 | 0.054% | $843.4K | 0.100% |
| Bybit | [XPL/USDT](https://www.bybit.com/en/trade/spot/XPL/USDT) | 0.09242 | 0.09247 | 0.054% | $6.9M | 0.100% |
| Bitstamp | [XPL/USD](https://www.bitstamp.net/markets/xpl/usd/) | 0.092427 | 0.092471 | 0.048% | $793.2K | 0.400% |
| OKX | [XPL/USDT](https://www.okx.com/trade-spot/xpl-usdt) | 0.09247 | 0.09248 | 0.011% | $8.7M | 0.150% |
| Bitget | [XPL/USDT](https://www.bitget.com/spot/XPLUSDT) | 0.09244 | 0.0925 | 0.065% | $874.3K | 0.100% |
| KuCoin | [XPL/USDT](https://www.kucoin.com/trade/XPL-USDT) | 0.0924 | 0.0925 | 0.108% | $1.5M | 0.100% |
| Kraken | [XPL/USD](https://pro.kraken.com/app/trade/xpl-usd) | 0.0923 | 0.0925 | 0.216% | $1.5M | 0.260% |
| BTSE | [XPL/USD](https://www.btse.com/en/trading/XPL-USD) | 0.0924 | 0.0925 | 0.108% | $254.8K | 0.020% |
| BtcTurk | [XPL/USDT](https://kripto.btcturk.com/pro/al-sat/XPL_USDT) | 0.0923 | 0.0925 | 0.216% | $77.7K | 0.090% |
| Crypto.com | [XPL/USD](https://crypto.com/exchange/trade/XPL_USD) | 0.09175 | 0.0925 | 0.811% | $29.3K | 0.500% |
| Gate | [XPL/USDT](https://www.gate.com/trade/XPL_USDT) | 0.09246 | 0.09251 | 0.054% | $4.5M | 0.200% |
| WhiteBIT | XPL/USDT | 0.09239 | 0.09251 | 0.130% | $3.9M | 0.100% |
| CEX.IO | [XPL/USD](https://trade.cex.io/spot/XPL-USD) | 0.092343 | 0.092517 | 0.188% | $25.6 | 0.100% |
| HitBTC | XPL/USDT | 0.09236 | 0.09253 | 0.184% | — | 0.250% |
| WEEX | [XPL/USDT](https://www.weex.com/spot/XPL-USDT) | 0.09233 | 0.09254 | 0.227% | $1.6M | 0.100% |
| HTX | [XPL/USDT](https://www.htx.com/trade/xpl_usdt) | 0.0922 | 0.0926 | 0.432% | $154.8K | 0.200% |
| Revolut X | [XPL/USD](https://exchange.revolut.com/trade/XPL-USD) | 0.09232936 | 0.09272444 | 0.426% | $265.9K | 0.090% |
| BigONE | [XPL/USDT](https://big.one/en/trade/XPL-USDT) | 0.092 | 0.0934 | 1.499% | $86.3K | 0.100% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | OKX | Gate | Bitget | Binance | MEXC | XT.COM | Toobit | Bitstamp | Bybit | BingX | KuCoin | BTSE | WhiteBIT | HitBTC | CEX.IO | WEEX | Revolut X | Kraken | BtcTurk | HTX | BigONE | Crypto.com |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Binance | -0.22% | -0.28% | -0.20% | — | -0.19% | -0.31% | -0.21% | -0.51% | -0.22% | -0.23% | -0.24% | -0.16% | -0.25% | -0.44% | -0.30% | -0.32% | -0.31% | -0.51% | -0.34% | -0.56% | -0.68% | -1.35% |
| MEXC | -0.20% | -0.26% | -0.18% | -0.19% | — | -0.29% | -0.19% | -0.49% | -0.20% | -0.21% | -0.22% | -0.14% | -0.23% | -0.42% | -0.28% | -0.30% | -0.29% | -0.49% | -0.32% | -0.54% | -0.66% | -1.33% |
| XT.COM | -0.32% | -0.38% | -0.30% | -0.31% | -0.29% | — | -0.31% | -0.61% | -0.32% | -0.33% | -0.34% | -0.26% | -0.35% | -0.54% | -0.40% | -0.42% | -0.41% | -0.61% | -0.44% | -0.66% | -0.78% | -1.45% |
| Toobit | -0.22% | -0.28% | -0.20% | -0.21% | -0.19% | -0.31% | — | -0.51% | -0.22% | -0.23% | -0.24% | -0.16% | -0.25% | -0.44% | -0.30% | -0.32% | -0.31% | -0.51% | -0.34% | -0.56% | -0.68% | -1.35% |
| BingX | -0.24% | -0.30% | -0.22% | -0.23% | -0.21% | -0.33% | -0.23% | -0.54% | -0.24% | — | -0.26% | -0.18% | -0.28% | -0.46% | -0.33% | -0.34% | -0.33% | -0.53% | -0.36% | -0.58% | -0.70% | -1.37% |
| Bybit | -0.25% | -0.31% | -0.23% | -0.24% | -0.22% | -0.34% | -0.24% | -0.55% | — | -0.26% | -0.28% | -0.20% | -0.29% | -0.47% | -0.34% | -0.35% | -0.34% | -0.54% | -0.37% | -0.59% | -0.71% | -1.38% |
| Bitstamp | -0.55% | -0.61% | -0.53% | -0.54% | -0.52% | -0.64% | -0.54% | — | -0.56% | -0.57% | -0.58% | -0.50% | -0.59% | -0.77% | -0.64% | -0.65% | -0.64% | -0.84% | -0.67% | -0.89% | -1.01% | -1.68% |
| OKX | — | -0.37% | -0.29% | -0.30% | -0.28% | -0.40% | -0.30% | -0.61% | -0.31% | -0.33% | -0.34% | -0.26% | -0.35% | -0.53% | -0.40% | -0.41% | -0.40% | -0.60% | -0.43% | -0.65% | -0.77% | -1.44% |
| Bitget | -0.28% | -0.34% | — | -0.28% | -0.26% | -0.38% | -0.28% | -0.58% | -0.29% | -0.30% | -0.31% | -0.23% | -0.32% | -0.50% | -0.37% | -0.38% | -0.37% | -0.58% | -0.41% | -0.62% | -0.74% | -1.41% |
| KuCoin | -0.28% | -0.34% | -0.26% | -0.28% | -0.26% | -0.38% | -0.28% | -0.58% | -0.29% | -0.30% | — | -0.23% | -0.32% | -0.50% | -0.37% | -0.38% | -0.37% | -0.58% | -0.41% | -0.62% | -0.74% | -1.41% |
| Kraken | -0.44% | -0.50% | -0.42% | -0.44% | -0.42% | -0.54% | -0.44% | -0.74% | -0.45% | -0.46% | -0.47% | -0.39% | -0.48% | -0.66% | -0.53% | -0.54% | -0.53% | — | -0.57% | -0.78% | -0.90% | -1.57% |
| BTSE | -0.20% | -0.26% | -0.18% | -0.20% | -0.18% | -0.30% | -0.20% | -0.50% | -0.21% | -0.22% | -0.23% | — | -0.24% | -0.42% | -0.29% | -0.30% | -0.29% | -0.50% | -0.33% | -0.54% | -0.66% | -1.33% |
| BtcTurk | -0.27% | -0.33% | -0.25% | -0.27% | -0.25% | -0.37% | -0.27% | -0.57% | -0.28% | -0.29% | -0.30% | -0.22% | -0.31% | -0.49% | -0.36% | -0.37% | -0.36% | -0.57% | — | -0.61% | -0.73% | -1.40% |
| Crypto.com | -0.68% | -0.74% | -0.66% | -0.68% | -0.66% | -0.78% | -0.68% | -0.98% | -0.69% | -0.70% | -0.71% | -0.63% | -0.72% | -0.90% | -0.77% | -0.78% | -0.77% | -0.98% | -0.81% | -1.02% | -1.14% | — |
| Gate | -0.39% | — | -0.38% | -0.39% | -0.37% | -0.49% | -0.39% | -0.69% | -0.40% | -0.41% | -0.42% | -0.34% | -0.43% | -0.61% | -0.48% | -0.49% | -0.49% | -0.69% | -0.52% | -0.74% | -0.85% | -1.52% |
| WhiteBIT | -0.29% | -0.35% | -0.28% | -0.29% | -0.27% | -0.39% | -0.29% | -0.59% | -0.30% | -0.31% | -0.32% | -0.24% | — | -0.51% | -0.38% | -0.39% | -0.39% | -0.59% | -0.42% | -0.64% | -0.75% | -1.42% |
| CEX.IO | -0.30% | -0.36% | -0.28% | -0.29% | -0.27% | -0.39% | -0.29% | -0.60% | -0.30% | -0.32% | -0.33% | -0.25% | -0.34% | -0.52% | — | -0.40% | -0.39% | -0.59% | -0.42% | -0.64% | -0.76% | -1.43% |
| HitBTC | -0.46% | -0.53% | -0.45% | -0.46% | -0.44% | -0.56% | -0.46% | -0.76% | -0.47% | -0.48% | -0.49% | -0.41% | -0.50% | — | -0.55% | -0.57% | -0.56% | -0.76% | -0.59% | -0.81% | -0.92% | -1.59% |
| WEEX | -0.33% | -0.39% | -0.31% | -0.32% | -0.30% | -0.42% | -0.32% | -0.62% | -0.33% | -0.34% | -0.35% | -0.27% | -0.36% | -0.54% | -0.41% | — | -0.42% | -0.62% | -0.45% | -0.67% | -0.78% | -1.45% |
| HTX | -0.49% | -0.55% | -0.47% | -0.48% | -0.46% | -0.58% | -0.48% | -0.79% | -0.49% | -0.51% | -0.52% | -0.44% | -0.53% | -0.71% | -0.58% | -0.59% | -0.58% | -0.78% | -0.61% | — | -0.95% | -1.62% |
| Revolut X | -0.51% | -0.58% | -0.50% | -0.51% | -0.49% | -0.61% | -0.51% | -0.81% | -0.52% | -0.53% | -0.54% | -0.46% | -0.55% | -0.73% | -0.60% | -0.62% | — | -0.81% | -0.64% | -0.86% | -0.97% | -1.64% |
| BigONE | -1.25% | -1.31% | -1.23% | -1.24% | -1.22% | -1.34% | -1.24% | -1.54% | -1.25% | -1.26% | -1.27% | -1.19% | -1.28% | -1.46% | -1.33% | -1.35% | -1.34% | -1.54% | -1.37% | -1.58% | — | -2.37% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| XT.COM | [XPL/USDT:USDT](https://www.xt.com/en/futures/trade/xpl_usdt) | 0.0922 | 0.0923 | 0.108% | $31.7M | 0.060% |
| Extended | [XPL/USDC:USDC](https://app.extended.exchange/perp/XPL-USD) | 0.09235 | 0.09236 | 0.011% | $987.1K | 0.200% |
| Binance | [XPL/USDT:USDT](https://www.binance.com/en/futures/XPLUSDT) | 0.09237 | 0.09238 | 0.011% | $95.1M | 0.050% |
| MEXC | [XPL/USDT:USDT](https://www.mexc.com/futures/XPL_USDT) | 0.09237 | 0.09238 | 0.011% | $13.4M | 0.000% |
| WEEX | [XPL/USDT:USDT](https://www.weex.com/futures/XPL-USDT) | 0.09236 | 0.09238 | 0.022% | $7.5M | 0.080% |
| Toobit | [XPL/USDT:USDT](https://www.toobit.com/en-US/futures/XPL-SWAP-USDT) | 0.09233 | 0.09239 | 0.065% | $9.9M | 0.100% |
| Bybit | [XPL/USDT:USDT](https://www.bybit.com/trade/usdt/XPLUSDT) | 0.09239 | 0.0924 | 0.011% | $55.3M | 0.060% |
| OKX | [XPL/USDT:USDT](https://www.okx.com/trade-swap/xpl-usdt-swap) | 0.0924 | 0.09241 | 0.011% | $50M | 0.050% |
| Deepcoin | [XPL/USDT:USDT](https://www.deepcoin.com/en/swap/XPL-USDT) | 0.09238 | 0.09241 | 0.032% | $15.3M | 0.150% |
| Paradex | [XPL/USD:USDC](https://app.paradex.trade/trade/XPL-USD-PERP) | 0.09233 | 0.09242 | 0.097% | $299.9 | 0.030% |
| WOOFi Pro | [XPL/USDC:USDC](https://pro.woofi.com/en/trade/XPL_PERP) | 0.0923 | 0.09243 | 0.141% | $113.1K | 0.050% |
| Gate | [XPL/USDT:USDT](https://www.gate.com/futures/USDT/XPL_USDT) | 0.09242 | 0.09246 | 0.043% | $4.6M | 0.050% |
| BingX | [XPL/USDT:USDT](https://bingx.com/en/perpetual/XPL-USDT) | 0.09241 | 0.09246 | 0.054% | $9.6M | 0.050% |
| Aster | [XPL/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/XPLUSDT) | 0.09241 | 0.09246 | 0.054% | $441.8K | 0.035% |
| Crypto.com | [XPL/USD:USD](https://crypto.com/exchange/trade/XPLUSD-PERP) | 0.09246 | 0.09247 | 0.011% | $6.3K | 0.500% |
| Bitget | [XPL/USDT:USDT](https://www.bitget.com/futures/usdt/XPLUSDT) | 0.09245 | 0.09249 | 0.043% | $12.1M | 0.060% |
| Backpack | [XPL/USDC:USDC](https://backpack.exchange/trade/XPL_USDC_PERP) | 0.09247 | 0.09249 | 0.022% | $104.3K | 0.100% |
| Hyperliquid | [XPL/USDC:USDC](https://app.hyperliquid.xyz/trade/XPL) | 0.092452 | 0.092498 | 0.050% | $47.7M | 0.045% |
| BTSE | [XPL/USDT:USDT](https://www.btse.com/en/futures/XPL-PERP) | 0.0923 | 0.0925 | 0.216% | $2M | 0.055% |
| WhiteBIT | [XPL/USDT:USDT](https://whitebit.com/trade/XPL-PERP?type=futures) | 0.09221 | 0.09256 | 0.378% | $9.2M | 0.055% |
| KuCoin | [XPL/USDT:USDT](https://www.kucoin.com/trade/futures/XPLUSDTM) | 0.09247 | 0.09258 | 0.119% | $2.7M | 0.060% |
| Bitfinex | [XPL/USDT:USDT](https://trading.bitfinex.com/t/XPLF0:USTF0) | 0.092317 | 0.092582 | 0.286% | $12.6K | 0.200% |
| Kraken | [XPL/USD:USD](https://pro.kraken.com/app/trade/futures-xpl-usd-perp) | 0.09236 | 0.09259 | 0.248% | $491.1K | 0.050% |
| HTX | [XPL/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=XPL-USDT&contract_type=swap&type=cross) | 0.09266 | 0.09294 | 0.301% | $2.5M | 0.050% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | HTX | Backpack | KuCoin | Crypto.com | Hyperliquid | Bitget | Gate | BingX | Aster | OKX | Bybit | Deepcoin | Binance | MEXC | WEEX | Kraken | Extended | Toobit | Paradex | Bitfinex | WOOFi Pro | BTSE | WhiteBIT | XT.COM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XT.COM | +0.17% | -0.14% | -0.06% | -0.95% | -0.05% | -0.08% | -0.09% | -0.10% | -0.07% | -0.11% | -0.14% | -0.33% | -0.14% | -0.04% | -0.21% | -0.15% | -0.47% | -0.29% | -0.15% | -0.50% | -0.22% | -0.23% | -0.33% | — |
| Extended | -0.18% | -0.48% | -0.40% | -1.29% | -0.39% | -0.42% | -0.44% | -0.45% | -0.42% | -0.46% | -0.49% | -0.68% | -0.49% | -0.39% | -0.56% | -0.50% | — | -0.63% | -0.49% | -0.85% | -0.56% | -0.57% | -0.67% | -0.69% |
| Binance | +0.10% | -0.20% | -0.12% | -1.01% | -0.11% | -0.14% | -0.16% | -0.17% | -0.14% | -0.18% | -0.21% | -0.40% | — | -0.11% | -0.28% | -0.22% | -0.53% | -0.35% | -0.21% | -0.57% | -0.29% | -0.30% | -0.39% | -0.41% |
| MEXC | +0.20% | -0.10% | -0.02% | -0.91% | -0.01% | -0.04% | -0.06% | -0.07% | -0.04% | -0.08% | -0.11% | -0.30% | -0.11% | — | -0.18% | -0.12% | -0.43% | -0.25% | -0.11% | -0.47% | -0.19% | -0.20% | -0.29% | -0.31% |
| WEEX | +0.04% | -0.26% | -0.18% | -1.07% | -0.17% | -0.20% | -0.22% | -0.23% | -0.20% | -0.24% | -0.27% | -0.46% | -0.27% | -0.17% | — | -0.28% | -0.59% | -0.41% | -0.27% | -0.63% | -0.35% | -0.36% | -0.45% | -0.47% |
| Toobit | -0.01% | -0.31% | -0.23% | -1.12% | -0.22% | -0.26% | -0.27% | -0.28% | -0.25% | -0.29% | -0.32% | -0.51% | -0.32% | -0.22% | -0.39% | -0.33% | -0.64% | — | -0.32% | -0.68% | -0.40% | -0.41% | -0.50% | -0.53% |
| Bybit | +0.06% | -0.24% | -0.16% | -1.06% | -0.15% | -0.19% | -0.20% | -0.21% | -0.18% | -0.22% | — | -0.44% | -0.25% | -0.15% | -0.32% | -0.26% | -0.57% | -0.40% | -0.26% | -0.61% | -0.33% | -0.34% | -0.44% | -0.46% |
| OKX | +0.07% | -0.24% | -0.16% | -1.05% | -0.14% | -0.18% | -0.19% | -0.20% | -0.17% | — | -0.24% | -0.43% | -0.24% | -0.14% | -0.31% | -0.25% | -0.56% | -0.39% | -0.25% | -0.60% | -0.32% | -0.33% | -0.43% | -0.45% |
| Deepcoin | -0.13% | -0.44% | -0.36% | -1.25% | -0.34% | -0.38% | -0.39% | -0.40% | -0.37% | -0.41% | -0.44% | — | -0.44% | -0.34% | -0.51% | -0.45% | -0.76% | -0.59% | -0.45% | -0.80% | -0.52% | -0.53% | -0.63% | -0.65% |
| Paradex | +0.10% | -0.21% | -0.13% | -1.02% | -0.12% | -0.15% | -0.16% | -0.17% | -0.14% | -0.18% | -0.21% | -0.40% | -0.21% | -0.11% | -0.28% | -0.22% | -0.54% | -0.36% | — | -0.57% | -0.29% | -0.30% | -0.40% | -0.42% |
| WOOFi Pro | +0.05% | -0.26% | -0.18% | -1.07% | -0.17% | -0.20% | -0.21% | -0.22% | -0.19% | -0.23% | -0.26% | -0.45% | -0.26% | -0.16% | -0.34% | -0.28% | -0.59% | -0.41% | -0.27% | -0.62% | — | -0.35% | -0.45% | -0.47% |
| Gate | +0.02% | -0.29% | -0.21% | -1.10% | -0.20% | -0.23% | — | -0.25% | -0.22% | -0.26% | -0.30% | -0.49% | -0.30% | -0.20% | -0.37% | -0.31% | -0.62% | -0.44% | -0.30% | -0.65% | -0.37% | -0.38% | -0.48% | -0.50% |
| BingX | +0.02% | -0.29% | -0.21% | -1.10% | -0.20% | -0.23% | -0.24% | — | -0.22% | -0.26% | -0.30% | -0.49% | -0.30% | -0.20% | -0.37% | -0.31% | -0.62% | -0.44% | -0.30% | -0.65% | -0.37% | -0.38% | -0.48% | -0.50% |
| Aster | +0.05% | -0.26% | -0.18% | -1.07% | -0.17% | -0.20% | -0.21% | -0.22% | — | -0.23% | -0.27% | -0.46% | -0.27% | -0.17% | -0.34% | -0.28% | -0.59% | -0.41% | -0.27% | -0.62% | -0.34% | -0.35% | -0.45% | -0.47% |
| Crypto.com | -0.89% | -1.20% | -1.12% | — | -1.11% | -1.14% | -1.15% | -1.16% | -1.13% | -1.18% | -1.21% | -1.40% | -1.21% | -1.11% | -1.28% | -1.22% | -1.53% | -1.35% | -1.21% | -1.57% | -1.28% | -1.29% | -1.39% | -1.41% |
| Bitget | -0.04% | -0.34% | -0.26% | -1.15% | -0.25% | — | -0.30% | -0.31% | -0.28% | -0.32% | -0.35% | -0.54% | -0.35% | -0.25% | -0.42% | -0.36% | -0.67% | -0.49% | -0.35% | -0.71% | -0.43% | -0.44% | -0.53% | -0.55% |
| Backpack | -0.12% | — | -0.34% | -1.23% | -0.33% | -0.36% | -0.38% | -0.39% | -0.36% | -0.40% | -0.43% | -0.62% | -0.43% | -0.33% | -0.50% | -0.44% | -0.75% | -0.57% | -0.43% | -0.79% | -0.51% | -0.52% | -0.61% | -0.63% |
| Hyperliquid | -0.01% | -0.32% | -0.24% | -1.13% | — | -0.26% | -0.27% | -0.29% | -0.26% | -0.30% | -0.33% | -0.52% | -0.33% | -0.23% | -0.40% | -0.34% | -0.65% | -0.47% | -0.33% | -0.69% | -0.40% | -0.41% | -0.51% | -0.53% |
| BTSE | -0.04% | -0.34% | -0.26% | -1.15% | -0.25% | -0.28% | -0.30% | -0.31% | -0.28% | -0.32% | -0.35% | -0.54% | -0.35% | -0.25% | -0.42% | -0.36% | -0.67% | -0.49% | -0.35% | -0.71% | -0.43% | — | -0.53% | -0.55% |
| WhiteBIT | -0.10% | -0.41% | -0.33% | -1.22% | -0.32% | -0.35% | -0.36% | -0.37% | -0.34% | -0.38% | -0.41% | -0.60% | -0.42% | -0.32% | -0.49% | -0.43% | -0.74% | -0.56% | -0.42% | -0.77% | -0.49% | -0.50% | — | -0.62% |
| KuCoin | -0.13% | -0.44% | — | -1.25% | -0.35% | -0.38% | -0.39% | -0.40% | -0.37% | -0.41% | -0.45% | -0.64% | -0.45% | -0.35% | -0.52% | -0.46% | -0.77% | -0.59% | -0.45% | -0.80% | -0.52% | -0.53% | -0.63% | -0.65% |
| Bitfinex | -0.42% | -0.72% | -0.64% | -1.53% | -0.63% | -0.66% | -0.67% | -0.69% | -0.66% | -0.70% | -0.73% | -0.92% | -0.73% | -0.63% | -0.80% | -0.74% | -1.05% | -0.87% | -0.73% | — | -0.80% | -0.81% | -0.91% | -0.93% |
| Kraken | -0.12% | -0.43% | -0.35% | -1.24% | -0.34% | -0.37% | -0.38% | -0.39% | -0.36% | -0.41% | -0.44% | -0.63% | -0.44% | -0.34% | -0.51% | — | -0.76% | -0.58% | -0.44% | -0.79% | -0.51% | -0.52% | -0.62% | -0.64% |
| HTX | — | -0.81% | -0.73% | -1.62% | -0.72% | -0.75% | -0.76% | -0.77% | -0.74% | -0.78% | -0.81% | -1.00% | -0.81% | -0.71% | -0.88% | -0.82% | -1.13% | -0.96% | -0.82% | -1.17% | -0.89% | -0.90% | -1.00% | -1.02% |

## Frequently asked questions

### Is there a XPL arbitrage opportunity right now?

Yes. On perpetual markets, you can buy XPL on XT.COM at 0.0923 and sell on HTX at 0.09266, a 0.17% net spread after 0.22% in taker fees.

### Which exchange has the cheapest XPL?

Lowest ask price: Spot: Binance at 0.09244; Perpetual: XT.COM at 0.0923.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.
