After costs, if the gap returns to its 7d average, $10k−$68
spread now+0.714%7d average−0.022%fees + slippage, in and out−$142spread needed1.415%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XPLUSD | 0.09884 | 0.1450 | pay 0.0181% / 1h | 58m 51s | $247K | $567K | 10x |
| Short | Bulk XPL-USD | 0.09955 | 0.0100 | get 0.0013% / 1h | 58m 51s | $140K | $6K | 10x |
Kraken Futures PF_XPLUSD
Bulk XPL-USDPrice 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
- $71.45
- Funding while held
- −$40.49
- Slippage, 4 orders
- −$124.54
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$110.58
- Spread needed to break even
- 1.415%
Slippage from Kraken Futures: live order book, 50 min ago; Bulk: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1350%
- Per $10,000 a day
- −$40.49
- 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 Kraken Futures live order book, 50 min ago | 38.30 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 51 min ago | 4.89 bp | 17.4 bp −$17 | 25.5 bp −$255 | 64.3 bp −$6,435 | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
BloFin0.09785+29.258%01 Exchange0.09786+29.272%Variational Omni0.09788+29.292%Nado0.09790+29.331%Lighter0.09792+29.351%Polymarket Perps0.09793+29.361%Aevo0.09793+29.361%KuCoin0.09796+29.404%Orderly0.09798+29.430%GMX0.09800+29.454%dYdX0.09800+29.456%SunX0.09800+29.456%SoDEX0.09800+29.456%Paradex0.09800+29.458%Bybit0.09801+29.470%gTrade (Gains Network)0.09801+29.472%MEXC0.09803+29.496%Extended0.09804+29.507%Binance0.09805+29.522%BingX0.09805+29.522%Deribit0.09805+29.522%Pacifica0.09808+29.561%HTX0.09808+29.562%Gate0.09809+29.575%Bitget0.09809+29.575%ApeX Omni0.09810+29.589%Aster0.09810+29.592%OKX0.09811+29.602%Backpack0.09815+29.655%Hyperliquid0.09816+29.668%Phoenix0.09848+30.091%
Reya
BloFin
Variational Omni
Nado
Lighter
Polymarket Perps
Aevo
KuCoin
Orderly
GMX
dYdX
SunX
SoDEX
Paradex
Bybit
gTrade (Gains Network)
MEXC
Extended
Binance
BingX
Deribit
Pacifica
HTX
Gate
Bitget
ApeX Omni
Aster
OKX
Backpack
Hyperliquid
PhoenixKraken Futures0.09884+30.572%
Bulk0.09955+31.505%
Coinbase International0.1015+34.040%
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −23.414% | 0.0000% | 1h | — | — | — | as long as short |
| BloFin XPL-USDT | −1.006% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| 01 Exchange XPLUSD | −0.996% | −0.0616% | 1h | $569 | $582 | 5x | as long as short |
| Variational Omni XPL | −0.980% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Nado XPL-PERP | −0.950% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Lighter XPL | −0.935% | −0.1264% | 1h | $4.4M | $4.2M | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.927% | −0.0146% | 1h | $136K | $3.5M | 10x | as long as short |
| Aevo XPL-PERP | −0.927% | +0.0104% | 1h | $38K | $5K | 3x | as long as short |
| KuCoin XPLUSDTM | −0.895% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| Orderly PERP_XPL_USDC | −0.875% | +0.0022% | 4h | $27K | $331K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX XPL/USD [WBTC.b-USDC] | −0.856% | L −0.0040% / S +0.0454% | 1h | $132K | — | 100x | as long as short |
| dYdX XPL-USD | −0.854% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| SunX XPL-USDT | −0.854% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| SoDEX XPL-USD | −0.854% | +0.0100% | 1h | $204 | $9K | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.853% | +0.0092% | 8h | $12K | $1K | 5x | as long as short |
| Bybit XPLUSDT | −0.844% | +0.0100% | 4h | $47.5M | $48.7M | 75x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.842% | L +0.0005% / S −0.0004% | 1h | $53K | — | 150x | as long as short |
| MEXC XPL_USDT | −0.824% | +0.0100% | 4h | $13.8M | $7.5M | 100x | as long as short |
| Extended XPL-USD | −0.816% | +0.0104% | 1h | $633K | $823K | 25x | as long as short |
| Binance XPLUSDT | −0.804% | +0.0100% | 4h | $44.8M | $96.6M | 75x | as long as short |
| BingX XPL-USDT | −0.804% | +0.0100% | 4h | — | $8.0M | — | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.804% | −0.0056% | 1h | $49K | $17K | 25x | as long as short |
| Pacifica XPL | −0.774% | +0.0100% | 1h | $222K | $15K | 10x | as long as short |
| HTX XPL-USDT | −0.773% | +0.0100% | 4h | $142K | $253K | 20x | as long as short |
| Gate XPL_USDT | −0.763% | +0.0100% | 4h | $3.0M | $3.8M | 75x | as long as short |
| Bitget XPLUSDT | −0.763% | +0.0100% | 4h | $8.6M | $11.2M | 75x | as long as short |
| ApeX Omni XPLUSDT | −0.753% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| Aster XPLUSDT | −0.750% | +0.0100% | 4h | $264K | $449K | 20x | as long as short |
| OKX XPL-USDT-SWAP | −0.743% | +0.0100% | 4h | $9.2M | $52.6M | 50x | as long as short |
| Backpack XPL_USDC_PERP | −0.703% | −0.0632% | 1h | $182K | $289K | 10x | as long as short |
| Hyperliquid XPL | −0.692% | +0.0100% | 1h | $63.3M | $38.4M | 10x | as long as short |
| Phoenix XPL | −0.369% | +0.0312% | 1h | $201K | $593K | 10x | as long as short |
| Kraken Futures PF_XPLUSDlong | 0.000% | +0.1450% | 1h | $247K | $567K | 10x | |
| Bulk XPL-USDshort | +0.714% | +0.0100% | 1h | $140K | $6K | 10x | |
| Coinbase International XPL-PERP-INTX | +2.656% | +0.0840% | 1h | $76K | $135K | 50x | as long as short |