After costs, if the gap returns to its 7d average, $10k−$118
spread now+0.055%7d average−0.026%fees + slippage, in and out−$126spread needed1.262%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XPLUSD | 0.1034 | 0.0508 | pay 0.0063% / 1h | 39m 34s | $143K | $396K | 10x |
| Short | MEXC XPL_USDT | 0.1035 | 0.0100 | get 0.0050% / 4h | 1h 39m | $14.6M | $6.9M | 100x |
Kraken Futures PF_XPLUSD
MEXC XPL_USDTPrice 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
- $5.51
- Funding while held
- −$12.24
- Slippage, 4 orders
- −$116.2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$132.92
- Spread needed to break even
- 1.262%
Slippage from Kraken Futures: live order book, 15 min ago; MEXC: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0408%
- Per $10,000 a day
- −$12.24
- 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, 15 min ago | 41.55 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 0.48 bp | 3.0 bp −$3 | 12.9 bp −$129 | 99.3 bp −$9,926 | 240.3 bp −$120.2K |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
Bulk0.1011+33.536%Phoenix0.1021+34.883%ApeX Omni0.1023+35.121%SunX0.1028+35.781%BloFin0.1028+35.794%Variational Omni0.1029+35.854%Orderly0.1029+35.874%gTrade (Gains Network)0.1029+35.967%Deribit0.1030+36.019%SoDEX0.1030+36.045%Aevo0.1030+36.078%GMX0.1030+36.096%Nado0.1031+36.121%HTX0.1031+36.125%Backpack0.1031+36.217%Polymarket Perps0.1032+36.270%Aster0.1033+36.443%Lighter0.1034+36.587%
Reya
Bulk
Phoenix
ApeX Omni
SunX
BloFin
Variational Omni
Orderly
gTrade (Gains Network)
Deribit
SoDEX
Aevo
GMX
Nado
HTX
Backpack
Polymarket Perps
Aster
LighterKraken Futures0.1034+36.630%
Gate0.1035+36.706%
GateMEXC0.1035+36.706%
BingX0.1035+36.706%Binance0.1035+36.719%KuCoin0.1035+36.719%Extended0.1035+36.727%Paradex0.1035+36.741%dYdX0.1035+36.751%OKX0.1035+36.759%Bybit0.1036+36.772%Coinbase International0.1036+36.772%Bitget0.1036+36.785%Pacifica0.1036+36.792%Hyperliquid0.1037+36.904%
BingX
Binance
KuCoin
Extended
Paradex
dYdX
OKX
Bybit
Coinbase International
Bitget
Pacifica
HyperliquidXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.810% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −2.265% | +0.0100% | 1h | $142K | $35K | 10x | as long as short |
| Phoenix XPL | −1.279% | +0.0391% | 1h | $221K | $528K | 10x | as long as short |
| ApeX Omni XPLUSDT | −1.105% | +0.0100% | 1h | $30K | $84K | 50x | as long as short |
| SunX XPL-USDT | −0.622% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| BloFin XPL-USDT | −0.612% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Variational Omni XPL | −0.569% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Orderly PERP_XPL_USDC | −0.554% | +0.0042% | 4h | $28K | $331K | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.485% | L +0.0005% / S −0.0004% | 1h | $75K | — | 150x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.448% | −0.0041% | 1h | $47K | $10K | 25x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX XPL-USD | −0.428% | +0.0100% | 1h | $309 | $9K | 10x | as long as short |
| Aevo XPL-PERP | −0.404% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.391% | L −0.0034% / S +0.0448% | 1h | $137K | — | 100x | as long as short |
| Nado XPL-PERP | −0.373% | +0.0100% | 1h | $1.5M | $2.2M | 10x | as long as short |
| HTX XPL-USDT | −0.370% | +0.0100% | 4h | $153K | $251K | 20x | as long as short |
| Backpack XPL_USDC_PERP | −0.303% | −0.0235% | 1h | $188K | $277K | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.264% | +0.0100% | 1h | $145K | $3.6M | 10x | as long as short |
| Aster XPLUSDT | −0.137% | +0.0100% | 4h | $314K | $402K | 20x | as long as short |
| Lighter XPL | −0.032% | −0.0752% | 1h | $4.7M | $3.9M | 10x | as long as short |
| Kraken Futures PF_XPLUSDlong | 0.000% | +0.0508% | 1h | $143K | $396K | 10x | |
| Gate XPL_USDT | +0.055% | +0.0100% | 4h | $3.2M | $3.7M | 75x | as long as short |
| MEXC XPL_USDTshort | +0.055% | +0.0100% | 4h | $14.6M | $6.9M | 100x | |
| BingX XPL-USDT | +0.055% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Binance XPLUSDT | +0.065% | +0.0100% | 4h | $48.6M | $87.5M | 75x | as long as short |
| KuCoin XPLUSDTM | +0.065% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Extended XPL-USD | +0.071% | +0.0104% | 1h | $676K | $780K | 25x | as long as short |
| Paradex XPL-USD-PERP | +0.081% | +0.0095% | 8h | $12K | $946 | 5x | as long as short |
| dYdX XPL-USD | +0.088% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| OKX XPL-USDT-SWAP | +0.094% | +0.0100% | 4h | $10.1M | $52.5M | 50x | as long as short |
| Bybit XPLUSDT | +0.103% | +0.0100% | 4h | $51.1M | $44.3M | 75x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.103% | +0.0880% | 1h | $109K | $121K | 50x | as long as short |
| Bitget XPLUSDT | +0.113% | +0.0100% | 4h | $9.4M | $10.3M | 75x | as long as short |
| Pacifica XPL | +0.118% | +0.0100% | 1h | $234K | $18K | 10x | as long as short |
| Hyperliquid XPL | +0.200% | +0.0203% | 1h | $69.0M | $33.6M | 10x | as long as short |