Settings8H · net · $10k
Funding arb · Price arb /

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −1.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.016%
Price spread now: Orderly against Aster−0.088%7-day average −0.087% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.223%−$22 on $10k
Price spread, last 3 days (all we have)−0.234%−$23 · spread now −0.088%, 7d avg −0.087%
Together, before fees−0.458%+ Points / potential airdropAster: Stage 5 · farm board−$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XPLUSDT0.097600.0100pay 0.0050% / 4h2h 16m$252K$527K20x
ShortOrderly PERP_XPL_USDC0.097510.0082get 0.0041% / 4h2h 16m$27K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$3.73
Price spread: −0.088% → −0.087%
−$0.11
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$17.85
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago7.13 bp22.8 bp −$23163.5 bp −$1,635doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit XPL_USDC-PERPETUAL−0.0160%1h0.09755−0.047%$47K$18K25xas long as short
Lighter XPL−0.0088%1h0.09743−0.170%$4.4M$4.3M10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0083% / S +0.0488%1h0.09756−0.035%$112K100xas long as short
01 Exchange XPLUSD−0.0040%1h0.09753−0.067%$567$5825xas long as short
Backpack XPL_USDC_PERP−0.0004%1h0.09766+0.066%$178K$283K10xas long as short
dYdX XPL-USD0.0000%1h0.09759−0.007%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.429%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09758−0.018%$72K150xas long as short
Orderly PERP_XPL_USDCshort+0.0082%4h0.09751−0.088%$27K$333K10x
Paradex XPL-USD-PERP+0.0093%8h0.09751−0.089%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09753−0.065%$1.4M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09765+0.060%$62.8M$47.1M10xas long as short
Aster XPLUSDTlong+0.0100%4h0.09760long leg$252K$527K20x
Pacifica XPL+0.0100%1h0.09759−0.008%$221K$45K10xas long as short
Binance XPLUSDT+0.0100%4h0.09750−0.098%$44.0M$105.0M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09751−0.088%$47.5M$53.5M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09750−0.098%$9.0M$53.3M50xas long as short
Bulk XPL-USD+0.0100%1h0.09815+0.568%$141K$11K10xas long as short
Gate XPL_USDT+0.0100%4h0.09749−0.108%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09750−0.098%$12.7M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09758−0.016%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09758−0.016%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09751−0.088%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09808+0.501%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09796+0.370%$265K$775K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09810+0.517%$25K$87K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09764+0.045%$129K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09740−0.200%$2K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09750−0.098%$202$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09753−0.067%$138K$245K20xas long as short
Extended XPL-USD+0.0104%1h0.09749−0.113%$661K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09755−0.050%$38K$5K3xas long as short
BloFin XPL-USDT+0.0340%4h0.09754−0.057%$1.7M$1.2M75xas long as short
Phoenix XPL+0.0485%1h0.09836+0.783%$199K$646K10xas long as short
Coinbase International XPL-PERP-INTX+0.0824%1h0.09805+0.466%$74K$103K50xas long as short
Kraken Futures PF_XPLUSD+0.3485%1h0.09812+0.533%$517K$942K10xas long as short