Spread before costs (cost unknown: a leg has no order-book sample)+0.106%
7d average+0.070%if it closes, per $10,000$11funding while held, a day+$140.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XPL | 0.09962 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $1.7M | $1.8M | — |
| Short | Kraken Futures PF_XPLUSD | 0.09973 | 0.4773 | get 0.0597% / 1h | 21m 02s | $251K | $595K | 10x |
Variational Omni XPL
Kraken Futures PF_XPLUSDPrice 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
- $10.57
- Funding while held
- $140.18
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $140.75
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Kraken Futures: live order book, 18 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.4673%
- Per $10,000 a day
- +$140.18
- 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 Variational Omni RFQ quote, 4 min ago | 4.02 bp | doesn't fit | 105.6 bp −$1,056 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 18 min ago | 27.92 bp | 34.9 bp −$35 | 128.7 bp −$1,287 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
Bybit0.09919+31.023%BingX0.09920+31.037%Binance0.09921+31.051%OKX0.09923+31.076%Gate0.09925+31.103%Lighter0.09927+31.129%MEXC0.09928+31.142%Backpack0.09928+31.142%KuCoin0.09929+31.155%Bitget0.09929+31.155%Hyperliquid0.09939+31.281%Deribit0.09939+31.288%Aevo0.09940+31.301%SunX0.09940+31.301%SoDEX0.09940+31.301%Orderly0.09943+31.340%HTX0.09943+31.340%Extended0.09945+31.369%Nado0.09947+31.400%GMX0.09947+31.400%Aster0.09948+31.406%Pacifica0.09949+31.421%gTrade (Gains Network)0.09949+31.425%Paradex0.09951+31.441%01 Exchange0.09953+31.472%dYdX0.09957+31.521%Polymarket Perps0.09959+31.552%BloFin0.09959+31.552%Bulk0.09960+31.565%
Reya
Bybit
BingX
Binance
OKX
Gate
Lighter
MEXC
Backpack
KuCoin
Bitget
Hyperliquid
Deribit
Aevo
SunX
SoDEX
Orderly
HTX
Extended
Nado
GMX
Aster
Pacifica
gTrade (Gains Network)
Paradex
dYdX
Polymarket Perps
BloFin
BulkVariational Omni0.09962+31.592%
ApeX Omni0.09970+31.697%
ApeX OmniKraken Futures0.09973+31.731%
Phoenix0.09981+31.842%Coinbase International0.1013+33.837%
Phoenix
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.008% | 0.0000% | 1h | — | — | — | as long as short |
| Bybit XPLUSDT | −0.432% | +0.0100% | 4h | $47.7M | $49.1M | 75x | as long as short |
| BingX XPL-USDT | −0.422% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Binance XPLUSDT | −0.411% | +0.0100% | 4h | $45.2M | $98.1M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.392% | +0.0100% | 4h | $9.4M | $52.4M | 50x | as long as short |
| Gate XPL_USDT | −0.372% | +0.0094% | 4h | $3.0M | $3.9M | 75x | as long as short |
| Lighter XPL | −0.352% | −0.0776% | 1h | $4.5M | $4.2M | 10x | as long as short |
| MEXC XPL_USDT | −0.342% | +0.0100% | 4h | $13.8M | $7.4M | 100x | as long as short |
| Backpack XPL_USDC_PERP | −0.342% | −0.0121% | 1h | $183K | $280K | 10x | as long as short |
| KuCoin XPLUSDTM | −0.332% | +0.0100% | 4h | $2.4M | $1.4M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget XPLUSDT | −0.332% | +0.0100% | 4h | $8.7M | $10.7M | 75x | as long as short |
| Hyperliquid XPL | −0.236% | +0.0100% | 1h | $64.8M | $41.5M | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.231% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| Aevo XPL-PERP | −0.221% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| SunX XPL-USDT | −0.221% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| SoDEX XPL-USD | −0.221% | +0.0100% | 1h | $297 | $9K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.191% | +0.0019% | 4h | $28K | $333K | 10x | as long as short |
| HTX XPL-USDT | −0.191% | +0.0100% | 4h | $144K | $239K | 20x | as long as short |
| Extended XPL-USD | −0.169% | +0.0104% | 1h | $638K | $828K | 25x | as long as short |
| Nado XPL-PERP | −0.146% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.146% | L −0.0039% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Aster XPLUSDT | −0.142% | +0.0100% | 4h | $265K | $441K | 20x | as long as short |
| Pacifica XPL | −0.130% | +0.0100% | 1h | $225K | $14K | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.127% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Paradex XPL-USD-PERP | −0.115% | +0.0096% | 8h | $13K | $2K | 5x | as long as short |
| 01 Exchange XPLUSD | −0.091% | −0.0160% | 1h | $579 | $583 | 5x | as long as short |
| dYdX XPL-USD | −0.054% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Polymarket Perps XPL-USD | −0.031% | +0.0100% | 1h | $136K | $3.2M | 10x | as long as short |
| BloFin XPL-USDT | −0.031% | +0.0340% | 4h | $1.9M | $1.2M | 75x | as long as short |
| Bulk XPL-USD | −0.021% | +0.0100% | 1h | $141K | $52K | 10x | as long as short |
| Variational Omni XPLlong | 0.000% | +0.0100% | 4h | $1.7M | $1.8M | — | |
| ApeX Omni XPLUSDT | +0.080% | +0.0100% | 1h | $29K | $78K | 50x | as long as short |
| Kraken Futures PF_XPLUSDshort | +0.106% | +0.4773% | 1h | $251K | $595K | 10x | |
| Phoenix XPL | +0.190% | +0.0241% | 1h | $204K | $623K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +1.706% | +0.0840% | 1h | $78K | $122K | 50x | as long as short |