Funding you earn now, next payment 04:00 UTC+0.3324%/8h= +363.9% APRnext payment +$4.15 per $10,000 · paid last 24h —
Price spread now: Kraken Futures against Reya+26.778%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$100 a day on $10k at the current rate, and Kraken Futures is 26.778% dearer against Reya than usual: you sell high and buy low: +$2,678 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XPLRUSDPERP | 0.07571 | 0 | get 0.0000% / 1h | 40m 55s | — | — | — |
| Short | Kraken Futures PF_XPLUSD | 0.09598 | 0.3324 | get 0.0415% / 1h | 40m 55s | $544K | $975K | 10x |
Reya XPLRUSDPERP
Kraken Futures PF_XPLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $697.97
- Price spread: +26.778% → 0.000%
- $2,677.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $3,359.73
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 12 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 12 min ago | 29.70 bp | 37.0 bp −$37 | 237.3 bp −$2,373 | doesn't fit | doesn't fit |
Reya: 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 on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange XPLUSD | −0.0336% | 1h | 0.09544 | +26.066% | $555 | $708 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0296% / S +0.0606% | 1h | 0.09557 | +26.243% | $105K | — | 100x | as long as short |
| Bybit XPLUSDT | −0.0093% | 4h | 0.09573 | +26.449% | $45.3M | $55.1M | 75x | as long as short |
| Backpack XPL_USDC_PERP | −0.0005% | 1h | 0.09570 | +26.409% | $178K | $225K | 10x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09558 | +26.246% | $8K | — | 5x | as long as short |
| Reya XPLRUSDPERPlong | 0.0000% | 1h | 0.07571 | long leg | — | — | — | |
| Deribit XPL_USDC-PERPETUAL | 0.0000% | 1h | 0.09562 | +26.303% | $46K | $18K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09558 | +26.244% | $72K | — | 150x | as long as short |
| Orderly PERP_XPL_USDC | +0.0007% | 4h | 0.09558 | +26.251% | $29K | $339K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0075% | 8h | 0.09555 | +26.212% | $12K | $2K | 5x | as long as short |
01 Exchange XPLUSD
GMX XPL/USD [WBTC.b-USDC]
Bybit XPLUSDT
Backpack XPL_USDC_PERP
dYdX XPL-USD
Deribit XPL_USDC-PERPETUAL
gTrade (Gains Network) XPL/USD
Orderly PERP_XPL_USDC
Paradex XPL-USD-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPL | +0.0096% | 1h | 0.09558 | +26.251% | $4.3M | $3.3M | 10x | as long as short |
| Nado XPL-PERP | +0.0100% | 1h | 0.09552 | +26.171% | $1.2M | $2.7M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09595 | +26.746% | $60.1M | $47.2M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09575 | +26.478% | $241K | $463K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09559 | +26.265% | $218K | $46K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09582 | +26.568% | $43.4M | $103.2M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09579 | +26.528% | $8.3M | $49.5M | 50x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09530 | +25.881% | $139K | $5K | 10x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09582 | +26.568% | $3.0M | $3.6M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09575 | +26.475% | $12.3M | $7.7M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09566 | +26.356% | $2.3M | $1.4M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09585 | +26.607% | $8.5M | $10.1M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09580 | +26.541% | — | $7.9M | — | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09545 | +26.075% | $1.7M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09530 | +25.881% | $253K | $955K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09520 | +25.749% | $25K | $79K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09565 | +26.338% | $127K | $2.0M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09550 | +26.145% | $2K | $1.8M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09560 | +26.277% | $194 | $12K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09520 | +25.749% | $139K | $220K | 20x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09573 | +26.442% | $646K | $1.1M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09560 | +26.277% | $28K | $18K | 3x | as long as short |
| Phoenix XPL | +0.0334% | 1h | 0.09570 | +26.409% | $194K | $617K | 10x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09555 | +26.211% | $1.7M | $981K | 75x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0616% | 1h | 0.09583 | +26.581% | $74K | $86K | 50x | as long as short |
| Kraken Futures PF_XPLUSDshort | +0.3324% | 1h | 0.09598 | +26.778% | $544K | $975K | 10x |
Lighter XPL
Nado XPL-PERP
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
OKX XPL-USDT-SWAP
Bulk XPL-USD
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Extended XPL-USD
Aevo XPL-PERP
Phoenix XPL
BloFin XPL-USDT
Coinbase International XPL-PERP-INTX