XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against Gate+0.104%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$900.905% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.176%+$18 on $10k

Price spread, last 4 days (all we have)−0.713%−$71 · spread now +0.104%, 7d avg +0.023%

Together, before fees−0.538%+ Points / potential airdropAster: Stage 5 · farm board−$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.081% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPL_USDT	0.09674	0.0084	pay 0.0042% / 4h	3h 59m	$3.0M	$3.4M	75x
Short	Aster XPLUSDT	0.09684	0.0100	get 0.0050% / 4h	3h 59m	$252K	$468K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now +0.104%Rate

Funding earned: $3.36
Price spread: +0.104% → +0.023%: $8.11
Slippage, 4 orders: −$67.47
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$79
Costs to cover: 0.905%
Break-even: 171.6 days

Slippage from Gate: live order book, 3 min ago; Aster: live order book, 58 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 Gate live order book, 3 min ago	2.59 bp	28.2 bp −$28	146.6 bp −$1,466	doesn't fit	doesn't fit
Sell Aster live order book, 58 min ago	4.70 bp	17.7 bp −$18	129.6 bp −$1,296	doesn't fit	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
01 Exchange XPLUSD	−0.0544%	1h	0.09657	−0.176%	$561	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0304% / S +0.0610%	1h	0.09677	+0.036%	$107K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0147%	1h	0.09671	−0.031%	$179K	$223K	10x	as long as short
Bybit XPLUSDT	−0.0090%	4h	0.09672	−0.021%	$45.8M	$54.6M	75x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0060%	1h	0.09675	+0.010%	$46K	$18K	25x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09680	+0.065%	$9K	$585	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.740%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09678	+0.037%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0017%	4h	0.09669	−0.052%	$29K	$339K	10x	as long as short
Paradex XPL-USD-PERP	+0.0057%	8h	0.09677	+0.036%	$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
Gate XPL_USDTlong	+0.0084%	4h	0.09674	long leg	$3.0M	$3.4M	75x
Lighter XPL	+0.0096%	1h	0.09672	−0.021%	$4.4M	$3.0M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09673	−0.005%	$1.2M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09687	+0.135%	$61.1M	$46.9M	10x	as long as short
Aster XPLUSDTshort	+0.0100%	4h	0.09684	+0.104%	$252K	$468K	20x
Pacifica XPL	+0.0100%	1h	0.09675	+0.006%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09676	+0.021%	$43.9M	$102.8M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09671	−0.031%	$8.3M	$49.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09631	−0.441%	$140K	$5K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09674	0.000%	$12.5M	$7.0M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09666	−0.083%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09682	+0.083%	$8.8M	$10.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09671	−0.031%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09669	−0.054%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09656	−0.185%	$258K	$1.0M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09670	−0.041%	$25K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09682	+0.086%	$126K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09650	−0.248%	$2K	$1.8M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09670	−0.041%	$203	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09675	+0.010%	$141K	$206K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09670	−0.040%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09671	−0.027%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0334%	1h	0.09670	−0.041%	$196K	$617K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09670	−0.041%	$1.8M	$987K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0616%	1h	0.09698	+0.248%	$75K	$84K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3284%	1h	0.09715	+0.423%	$551K	$977K	10x	as long as short