XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.017%

Price spread now: Orderly against Aster−0.129%7-day average −0.080% · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.215%−$22 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.129%, 7d avg −0.080%

Together, before fees−0.287%+ Points / potential airdropAster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.049% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.080%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XPLUSDT	0.09682	0.0100	pay 0.0050% / 4h	3h 50m	$252K	$470K	20x
Short	Orderly PERP_XPL_USDC	0.09670	0.0018	get 0.0009% / 4h	3h 50m	$29K	$339K	10x

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

Position, each leg$Hold fordaysFee AsterbpFee OrderlybpOrdersPrice spread, now −0.129%Rate

Funding earned: −$17.22
Price spread: −0.129% → −0.080%: −$4.85
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$36.07
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 2 min ago	5.15 bp	21.5 bp −$21	160.3 bp −$1,603	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange XPLUSD	−0.0424%	1h	0.09666	−0.170%	$562	$708	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0370%	1h	0.09672	−0.108%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0304% / S +0.0610%	1h	0.09679	−0.037%	$107K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0047%	1h	0.09678	−0.046%	$179K	$198K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09686	+0.040%	$9K	$585	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.808%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09679	−0.032%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDCshort	+0.0018%	4h	0.09670	−0.129%	$29K	$339K	10x
Gate XPL_USDT	+0.0038%	4h	0.09675	−0.077%	$3.0M	$3.4M	75x	as long as short
Paradex XPL-USD-PERP	+0.0056%	8h	0.09674	−0.090%	$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
Lighter XPL	+0.0096%	1h	0.09666	−0.170%	$4.4M	$3.0M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09680	−0.031%	$1.2M	$2.5M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09688	+0.054%	$61.1M	$46.7M	10x	as long as short
Aster XPLUSDTlong	+0.0100%	4h	0.09682	long leg	$252K	$470K	20x
Pacifica XPL	+0.0100%	1h	0.09687	+0.048%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09672	−0.108%	$43.9M	$102.4M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09674	−0.087%	$45.8M	$54.4M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09675	−0.077%	$8.3M	$49.3M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09670	−0.129%	$141K	$5K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09671	−0.118%	$12.5M	$7.0M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09675	−0.077%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09684	+0.016%	$8.8M	$9.8M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09669	−0.139%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09689	+0.065%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09693	+0.107%	$261K	$1.0M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09710	+0.284%	$25K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09683	+0.005%	$127K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09660	−0.232%	$3K	$1.8M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09670	−0.129%	$201	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09693	+0.109%	$142K	$203K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09671	−0.115%	$656K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09676	−0.064%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09709	+0.274%	$197K	$573K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09690	+0.078%	$1.8M	$978K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0640%	1h	0.09734	+0.532%	$75K	$82K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3101%	1h	0.09712	+0.302%	$551K	$976K	10x	as long as short