XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: Aster against BloFin+0.152%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$730.730% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.433%−$43 on $10k

Price spread, last 3 days (all we have)+0.382%+$38 · spread now +0.152%, 7d avg +0.067%

Together, before fees−0.050%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.085% dearer against BloFin than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.067%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPL-USDT	0.09826	0.0340	pay 0.0170% / 4h	2h 56m	$1.8M	$1.2M	75x
Short	Aster XPLUSDT	0.09841	0.0100	get 0.0050% / 4h	2h 56m	$255K	$514K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now +0.152%Rate

Funding earned: −$50.4
Price spread: +0.152% → +0.067%: $8.53
Slippage, 4 orders: −$53.03
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$114.9
Costs to cover: 0.730%
Break-even: never at this rate

Slippage from BloFin: live order book, 1 min ago; Aster: live order book, 31 min ago.

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 BloFin live order book, 1 min ago	2.54 bp	17.7 bp −$18	32.1 bp −$321	98.8 bp −$9,881	doesn't fit
Sell Aster live order book, 31 min ago	4.04 bp	19.9 bp −$20	163.0 bp −$1,630	doesn't fit	doesn't fit

XPL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack XPL_USDC_PERP	−0.0186%	1h	0.09843	+0.173%	$184K	$283K	10x	as long as short
Lighter XPL	−0.0128%	1h	0.09832	+0.061%	$4.4M	$4.2M	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0064% / S +0.0475%	1h	0.09840	+0.147%	$113K	—	100x	as long as short
01 Exchange XPLUSD	−0.0056%	1h	0.09825	−0.010%	$571	$582	5x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09836	+0.102%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.950%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09845	+0.193%	$49K	$17K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09829	+0.030%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0080%	4h	0.09842	+0.163%	$27K	$333K	10x	as long as short
Paradex XPL-USD-PERP	+0.0099%	8h	0.09835	+0.092%	$13K	$2K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	0.09829	+0.031%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09842	+0.167%	$65.0M	$45.2M	10x	as long as short
Aster XPLUSDTshort	+0.0100%	4h	0.09841	+0.152%	$255K	$514K	20x
Pacifica XPL	+0.0100%	1h	0.09846	+0.202%	$223K	$19K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09827	+0.010%	$44.8M	$102.7M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09826	0.000%	$47.5M	$51.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09828	+0.020%	$9.2M	$53.0M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09901	+0.763%	$143K	$11K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09830	+0.041%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09827	+0.010%	$13.2M	$7.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09824	−0.020%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09833	+0.071%	$8.7M	$11.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09825	−0.010%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09899	+0.739%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09866	+0.409%	$268K	$782K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09890	+0.651%	$26K	$82K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09837	+0.114%	$133K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09820	−0.061%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09840	+0.142%	$202	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09863	+0.377%	$140K	$246K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09828	+0.020%	$701K	$1.0M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09846	+0.205%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0318%	1h	0.09887	+0.621%	$202K	$646K	10x	as long as short
BloFin XPL-USDTlong	+0.0340%	4h	0.09826	long leg	$1.8M	$1.2M	75x
Coinbase International XPL-PERP-INTX	+0.0824%	1h	0.09965	+1.415%	$75K	$106K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3462%	1h	0.09877	+0.518%	$295K	$673K	10x	as long as short