XPL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCXPL_USDT	0.07218	+0.0100	pay 0.0050% / 4h	12m 33s	$10.5M	$3.0M	100x	Long MEXC
SHORT	TxFlowXPL-USDC	0.07192	−0.0089	pay 0.0011% / 1h	12m 33s	$282K	$218K	25x	Short TxFlow5% off

Price gap−0.360%

Funding gap−0.0189% /8h

Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.240% 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−$39−0.0189% /8h now · paid −0.391% over the last 7D

Price−$24spread −0.360% now, avg −0.121% → −0.240% if it goes back

Costs−$220.220% of $10k · taker + slippage, in and out

Result−$85−0.85%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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−0.360%

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

OK: Fits both order books1.5 / 10.4 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$100 + $400
MEXC 100x, 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: −$5.67Long MEXC: 6 payments, −$3.00; short TxFlow: 24 payments, −$2.67.
Watch: Gap narrower than usual−0.360% vs −0.121%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$282K vs $10.5M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCMEXC Yes · TxFlow No
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0186%/8h × 21 periods−$39.11

Price spread−0.360% → −0.121% (7d avg)−$23.97

Slippage, 4 orderslive order books−$12.97

Fee MEXC bp × 2 orders$0.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$85.05

Costs to cover0.220%Break-evennever at this rate

Slippage: MEXC: live order book, 10 min ago; TxFlow: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC0.701.5 bp−$17.5 bp−$7542.0 bp−$4,195205.1 bp−$102.5K

SELL · SHORTTxFlow0.7010.4 bp−$1023.1 bp−$231164.5 bp−$16.4Kdoesn’t fit

Closing costs about the same again.

XPL