XPL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterXPLUSDT	0.07725	+0.1216	pay 0.0608% / 4h	3h 16m	$1.4M	$2.1M	20x	Long Aster≤10% back
SHORT	TxFlowXPL-USDC	0.07704	−0.0051	pay 0.0006% / 1h	16m 09s	$971K	$520K	25x	Short TxFlow5% off

Price gap−0.273%

Funding gap−0.1267% /8h

Both sides work against this direction now: funding costs $38 a day on $10k and the gap is 0.074% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$52−0.1267% /8h now · paid −0.522% over the last 7D

Price−$7spread −0.273% now, avg −0.199% → −0.074% if it goes back

Costs−$470.472% of $10k · taker + slippage, in and out

Result−$107−1.07%+ Points / potential airdropAster: Stage 5 · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.522% in total, about −0.0248%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.273%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPL on 34 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size16.0 / 12.8 bp
At $10k entering Aster costs 16.0 bp, fee and slippage, 1.3× TxFlow’s.
Note: Margin at max leverage$500 + $400
Aster 20x, TxFlow 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$38.01Long Aster: 6 payments, −$36.49; short TxFlow: 24 payments, −$1.52.
Watch: Gap narrower than usual−0.273% vs −0.199%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$971K vs $1.4M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5 · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legAster No · TxFlow No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0248%/8h × 21 periods−$52.17

Price spread−0.273% → −0.199% (7d avg)−$7.42

Slippage, 4 orderslive order books−$30.18

Fee Aster bp × 2 orders−$8.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$106.77

Costs to cover0.472%Break-evennever at this rate

Slippage: Aster: live order book, 1 min ago; TxFlow: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAster5.1816.0 bp−$1660.7 bp−$607doesn’t fitdoesn’t fit

SELL · SHORTTxFlow0.6512.8 bp−$1325.7 bp−$257298.2 bp−$29.8Kdoesn’t fit

Closing costs about the same again.

XPL