XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Aster−0.152%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$600.604% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.152%, 7d avg −0.045%

Together, before fees+0.010%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.108% cheaper against Aster than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XPLUSDT	0.09624	0.0100	pay 0.0050% / 4h	3h 14m	$255K	$399K	20x
Short	Binance XPLUSDT	0.09609	0.0092	get 0.0046% / 4h	3h 14m	$43.9M	$98.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.152%Rate

Funding earned: −$1.72
Price spread: −0.152% → −0.045%: −$10.79
Slippage, 4 orders: −$42.36
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$72.87
Costs to cover: 0.604%
Break-even: never at this rate

Slippage from Aster: live order book, 17 min ago; Binance: live order book, 13 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 Aster live order book, 17 min ago	7.91 bp	18.2 bp −$18	159.8 bp −$1,598	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.53 bp	12.4 bp −$12	29.6 bp −$296	109.2 bp −$10.9K	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
Lighter XPL	−0.1112%	1h	0.09604	−0.204%	$4.4M	$3.2M	10x	as long as short
Bybit XPLUSDT	−0.0458%	4h	0.09608	−0.163%	$45.6M	$54.1M	75x	as long as short
01 Exchange XPLUSD	−0.0424%	1h	0.09605	−0.194%	$558	$873	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0311% / S +0.0615%	1h	0.09618	−0.056%	$106K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0166%	1h	0.09619	−0.049%	$46K	$17K	25x	as long as short
Paradex XPL-USD-PERP	−0.0118%	8h	0.09622	−0.014%	$13K	$696	5x	as long as short
OKX XPL-USDT-SWAP	−0.0063%	4h	0.09605	−0.194%	$7.6M	$47.8M	50x	as long as short
Orderly PERP_XPL_USDC	−0.0035%	4h	0.09614	−0.100%	$30K	$235K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09619	−0.048%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.331%	—	—	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09622	−0.013%	$73K	—	150x	as long as short
Extended XPL-USD	+0.0032%	1h	0.09612	−0.121%	$618K	$1.2M	25x	as long as short
Gate XPL_USDT	+0.0048%	4h	0.09611	−0.132%	$2.9M	$3.3M	75x	as long as short
Binance XPLUSDTshort	+0.0092%	4h	0.09609	−0.152%	$43.9M	$98.2M	75x
MEXC XPL_USDT	+0.0092%	4h	0.09613	−0.111%	$13.2M	$6.6M	100x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09610	−0.137%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09625	+0.017%	$60.9M	$45.7M	10x	as long as short
Aster XPLUSDTlong	+0.0100%	4h	0.09624	long leg	$255K	$399K	20x
Pacifica XPL	+0.0100%	1h	0.09620	−0.038%	$220K	$47K	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09610	−0.142%	$2.3M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09624	+0.003%	$9.1M	$10.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09606	−0.184%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09613	−0.111%	$183K	$181K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09613	−0.115%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09570	−0.558%	$256K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09600	−0.246%	$25K	$73K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09620	−0.043%	$126K	$1.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09600	−0.246%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09610	−0.142%	$190	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09615	−0.090%	$133K	$214K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09570	−0.558%	$139K	$0	10x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09623	−0.004%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09601	−0.236%	$194K	$494K	10x	as long as short
BloFin XPL-USDT	+0.0332%	4h	0.09613	−0.111%	$1.7M	$956K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0536%	1h	0.09640	+0.170%	$64K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2688%	1h	0.09648	+0.253%	$547K	$965K	10x	as long as short