Funding you earn now, next payment 04:00 UTC−0.0081%/8h= −8.8% APRnext payment −$0.40 per $10,000 · paid last 24h −0.016%
Price spread now: Orderly against Aster−0.150%7-day average −0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.220%−$22 on $10k
+Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.150%, 7d avg −0.083%
=Together, before fees−0.164%+ Points / potential airdropAster: Stage 5 · farm board−$16 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 0.067% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XPLUSDT | 0.09930 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $257K | $539K | 20x |
| Short | Orderly PERP_XPL_USDC | 0.09915 | 0.0019 | get 0.0010% / 4h | 3h 09m | $30K | $335K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.96
- Price spread: −0.150% → −0.083%
- −$6.69
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$37.65
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 63 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, 63 min ago | 5.67 bp | 20.1 bp −$20 | 168.8 bp −$1,688 | 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 | −0.0200% | 1h | 0.09923 | −0.069% | $577 | $708 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0174% / S +0.0547% | 1h | 0.09927 | −0.029% | $114K | — | 100x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.0153% | 1h | 0.09913 | −0.170% | $48K | $18K | 25x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09922 | −0.080% | $8K | — | 5x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −23.760% | — | — | — | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0003% | 1h | 0.09921 | −0.086% | $77K | — | 150x | as long as short |
| Lighter XPL | +0.0016% | 1h | 0.09912 | −0.180% | $4.5M | $4.2M | 10x | as long as short |
| Orderly PERP_XPL_USDCshort | +0.0019% | 4h | 0.09915 | −0.150% | $30K | $335K | 10x | |
| Paradex XPL-USD-PERP | +0.0047% | 8h | 0.09923 | −0.067% | $13K | $2K | 5x | as long as short |
| OKX XPL-USDT-SWAP | +0.0083% | 4h | 0.09914 | −0.160% | $8.8M | $56.1M | 50x | 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 | 0.09923 | −0.069% | $1.5M | $2.6M | 10x | as long as short |
| Aster XPLUSDTlong | +0.0100% | 4h | 0.09930 | long leg | $257K | $539K | 20x | |
| Pacifica XPL | +0.0100% | 1h | 0.09926 | −0.040% | $226K | $46K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09918 | −0.117% | $45.4M | $108.8M | 75x | as long as short |
| Bybit XPLUSDT | +0.0100% | 4h | 0.09918 | −0.120% | $48.3M | $56.1M | 75x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09870 | −0.603% | $144K | $2K | 10x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09922 | −0.079% | $3.1M | $4.0M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09916 | −0.140% | $13.2M | $7.7M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09926 | −0.039% | $2.5M | $1.5M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09925 | −0.049% | $8.9M | $11.2M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09917 | −0.130% | — | $7.9M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.0100% | 1h | 0.09911 | −0.190% | $185K | $254K | 10x | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09896 | −0.342% | $1.8M | $2.0M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09903 | −0.270% | $263K | $844K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09910 | −0.200% | $26K | $89K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09931 | +0.012% | $133K | $2.7M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09910 | −0.200% | $3K | $2.0M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09900 | −0.301% | $498 | $11K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09913 | −0.170% | $143K | $243K | 20x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09923 | −0.067% | $673K | $1.1M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09910 | −0.196% | $29K | $18K | 3x | as long as short |
| Phoenix XPL | +0.0163% | 1h | 0.09925 | −0.049% | $201K | $655K | 10x | as long as short |
| Hyperliquid XPL | +0.0187% | 1h | 0.09934 | +0.044% | $64.5M | $47.0M | 10x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09898 | −0.321% | $1.8M | $1.2M | 75x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0376% | 1h | 0.09980 | +0.505% | $74K | $97K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.4996% | 1h | 0.09958 | +0.279% | $576K | $1.0M | 10x | as long as short |
Aster XPLUSDT
01 Exchange XPLUSD
GMX XPL/USD [WBTC.b-USDC]
Deribit XPL_USDC-PERPETUAL
gTrade (Gains Network) XPL/USD
Lighter XPL
Paradex XPL-USD-PERP
OKX XPL-USDT-SWAP
Pacifica XPL
Binance XPLUSDT
Bybit XPLUSDT
Bulk XPL-USD
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Backpack XPL_USDC_PERP
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Extended XPL-USD
Phoenix XPL
Hyperliquid XPL
BloFin XPL-USDT
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD