Funding arb · Price arb /

XPL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against ApeX Omni−0.132%99s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.132% cheaper against ApeX Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XPLUSDT	0.09680	0.0100	pay 0.0013% / 1h	1m 45s	$25K	$83K	50x
Short	Aster XPLUSDT	0.09667	0.0100	get 0.0050% / 4h	2h 01m	$246K	$499K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.132%Rate

Funding earned: $0
Price spread: −0.132% → 0.000%: −$13.22
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$31.22
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Aster: live order book, 66 min ago. Net counts fees only.

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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Aster live order book, 66 min ago	3.53 bp	18.3 bp −$18	119.3 bp −$1,193	doesn't fit	doesn't fit

ApeX Omni: 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 35 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
01 Exchange XPLUSD	−0.0304%	1h	0.09651	−0.300%	$561	$708	5x	as long as short
Backpack XPL_USDC_PERP	−0.0223%	1h	0.09669	−0.114%	$179K	$243K	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0209% / S +0.0569%	1h	0.09671	−0.090%	$111K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0060%	1h	0.09667	−0.134%	$46K	$18K	25x	as long as short
Orderly PERP_XPL_USDC	−0.0002%	4h	0.09664	−0.165%	$29K	$335K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09657	−0.235%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.791%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09672	−0.085%	$60K	—	150x	as long as short
OKX XPL-USDT-SWAP	+0.0040%	4h	0.09668	−0.124%	$8.4M	$53.6M	50x	as long as short
Paradex XPL-USD-PERP	+0.0043%	8h	0.09657	−0.241%	$13K	$2K	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPL	+0.0048%	1h	0.09659	−0.217%	$4.4M	$4.2M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09660	−0.201%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09681	+0.013%	$61.5M	$47.5M	10x	as long as short
Aster XPLUSDTshort	+0.0100%	4h	0.09667	−0.132%	$246K	$499K	20x
Pacifica XPL	+0.0100%	1h	0.09659	−0.217%	$220K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09672	−0.083%	$43.9M	$108.0M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09668	−0.124%	$46.5M	$56.3M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09669	−0.114%	$3.0M	$3.9M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09668	−0.124%	$12.6M	$8.0M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09660	−0.207%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09672	−0.083%	$8.6M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09671	−0.093%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09664	−0.162%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09649	−0.321%	$257K	$891K	10x	as long as short
ApeX Omni XPLUSDTlong	+0.0100%	1h	0.09680	long leg	$25K	$83K	50x
Polymarket Perps XPL-USD	+0.0100%	1h	0.09673	−0.071%	$132K	$2.6M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09650	−0.310%	$3K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09660	−0.207%	$196	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09665	−0.155%	$143K	$249K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09660	−0.207%	$141K	$7K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09667	−0.132%	$655K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09662	−0.187%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0328%	1h	0.09678	−0.021%	$196K	$657K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0496%	1h	0.09766	+0.888%	$78K	$95K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4407%	1h	0.09705	+0.255%	$550K	$1.0M	10x	as long as short