ArbiLayer

XPL arbitrage

live

Live Plasma price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.07%Binance → HTX · Perp–Perp
Best perp–perp spread+0.09%Binance → HTX
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.36%$0.0878 – $0.0881

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

XPL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · XPLUSDTPerpetual $0.0878$0.0878$0.0878-0.06% -0.008%$28.86M
OKX logoOKXPerpetual · XPL-USDT-SWAPPerpetual $0.0879$0.0879$0.0879-0.04% +0.017%$24.17M
Hyperliquid logoHyperliquidPerpetual · XPLPerpetual $0.0878$0.0879$0.0879-0.01% +0.030%$16.61M
MEXC logoMEXCPerpetual · XPL_USDTPerpetual $0.0878$0.0879$0.0878-0.05% +0.020%$8.94M
Bitget logoBitgetPerpetual · XPLUSDTPerpetual $0.0878$0.0879$0.0879-0.04% -0.014%$6.45M
OKX logoOKXSpot · XPL-USDTSpot $0.0879$0.0879$0.0879+0.04% —$4.45M
Bybit logoBybitSpot · XPLUSDTSpot $0.0879$0.0879$0.0879+0.03% —$3.82M
Gate logoGatePerpetual · XPL_USDTPerpetual $0.0878$0.0879$0.0879-0.03% +0.030%$2.06M
Gate logoGateSpot · XPL_USDTSpot $0.0879$0.0879$0.0879+0.04% —$1.82M
Variational logoVariationalPerpetual · XPLPerpetual $0.0877$0.0878$0.0878-0.12% +0.030%$1.19M
Bitget logoBitgetSpot · XPLUSDTSpot $0.0879$0.0879$0.0879+0.01% —$907.8K
KuCoin logoKuCoinPerpetual · XPLUSDTMPerpetual $0.0879$0.0879$0.0879+0.03% +0.030%$818.9K
KuCoin logoKuCoinSpot · XPL-USDTSpot $0.0879$0.088$0.088+0.07% —$500.0K
HTX logoHTXPerpetual · XPL-USDTPerpetual $0.0879$0.0883$0.0881+0.24% +0.015%$92.7K
Binance logoBinancePerpetual · XPLUSDTPerpetual $0.0878$0.0878$0.0878-0.06% +0.020%—
Aster logoAsterPerpetual · XPLUSDTPerpetual $0.0878$0.0879$0.0879-0.03% +0.030%—
Binance logoBinanceSpot · XPLUSDTSpot $0.0879$0.0879$0.0879+0.04% ——
MEXC logoMEXCSpot · XPLUSDTSpot $0.0879$0.0879$0.0879+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

XPL arbitrage explained

Right now Plasma (XPL) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.0878 and the highest bid on HTX perp at $0.0879.

The widest XPL perpetual spread is between Binance and HTX: long XPL on Binance at $0.0878 and short on HTX at $0.0879 for +0.09% gross, or -0.07% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.005% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best XPL route is to buy spot on Bybit and short the perpetual on HTX: 0.00% gross, -0.20% net, with +0.015% a day of funding on the short leg.

Spot–spot XPL arbitrage (buy on Bybit, withdraw, deposit and sell on Binance) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small XPL gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: XPL funding rates · XPL spread charts · Plasma price · arbitrage scanner for all coins.

Is there a XPL arbitrage opportunity right now?

The best XPL route right now is to buy on Binance → sell on HTX (Perp–Perp): +0.09% gross and -0.07% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest XPL?

Bybit (perp) has the lowest XPL ask at $0.0878, and HTX (perp) the highest bid at $0.0879. Prices update every 15 seconds on this page.

How many exchanges list XPL?

ArbiLayer tracks 18 XPL markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage XPL without transferring coins?

Use two perpetual contracts: go long XPL on the cheaper exchange (Binance now) and short it on the more expensive one (HTX), then close both legs when the spread converges. The coins never move between exchanges.

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