XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against MEXC+0.118%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$490.494% of the position

Long on MEXC Short on Aster

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)−0.727%−$73 · spread now +0.118%, 7d avg +0.037%

Together, before fees−0.706%+ Points / potential airdropAster: Stage 5 · farm board−$71 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.080% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XPL_USDT	0.09498	0	get 0.0000% / 4h	2h 19m	$13.4M	$6.5M	100x
Short	Aster XPLUSDT	0.09509	0.0100	get 0.0050% / 4h	2h 19m	$253K	$379K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.118%Rate

Funding earned: $21
Price spread: +0.118% → +0.037%: $8.03
Slippage, 4 orders: −$41.36
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.33
Costs to cover: 0.494%
Break-even: 13.8 days

Slippage from MEXC: live order book, 2 min ago; Aster: live order book, 31 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 MEXC live order book, 2 min ago	0.53 bp	0.5 bp −$1	5.4 bp −$54	79.1 bp −$7,911	233.7 bp −$116.9K
Sell Aster live order book, 31 min ago	1.58 bp	22.5 bp −$22	165.9 bp −$1,659	doesn't fit	doesn't fit

XPL on 36 exchanges

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	−0.0968%	1h	0.09488	−0.105%	$4.3M	$3.1M	10x	as long as short
01 Exchange XPLUSD	−0.0536%	1h	0.09488	−0.105%	$552	$873	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0381%	1h	0.09499	+0.011%	$47K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0377% / S +0.0654%	1h	0.09506	+0.079%	$105K	—	100x	as long as short
Bybit XPLUSDT	−0.0303%	4h	0.09493	−0.053%	$44.8M	$53.2M	75x	as long as short
Extended XPL-USD	−0.0200%	1h	0.09495	−0.036%	$601K	$1.2M	25x	as long as short
Paradex XPL-USD-PERP	−0.0139%	8h	0.09493	−0.054%	$12K	$696	5x	as long as short
OKX XPL-USDT-SWAP	−0.0098%	4h	0.09498	0.000%	$7.6M	$47.1M	50x	as long as short
Orderly PERP_XPL_USDC	−0.0068%	4h	0.09495	−0.032%	$30K	$195K	10x	as long as short
Gate XPL_USDT	−0.0042%	4h	0.09503	+0.053%	$2.9M	$3.4M	75x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XPL-USD	0.0000%	1h	0.09508	+0.106%	$9K	$600	5x	as long as short
MEXC XPL_USDTlong	0.0000%	4h	0.09498	long leg	$13.4M	$6.5M	100x
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.292%	—	—	—	as long as short
Binance XPLUSDT	+0.0001%	4h	0.09498	−0.001%	$43.5M	$96.7M	75x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09507	+0.098%	$72K	—	150x	as long as short
BloFin XPL-USDT	+0.0013%	4h	0.09501	+0.032%	$1.7M	$810K	75x	as long as short
Aevo XPL-PERP	+0.0080%	1h	0.09492	−0.062%	$28K	$18K	3x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09498	0.000%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09514	+0.174%	$60.3M	$42.9M	10x	as long as short
Aster XPLUSDTshort	+0.0100%	4h	0.09509	+0.118%	$253K	$379K	20x
Pacifica XPL	+0.0100%	1h	0.09505	+0.075%	$218K	$45K	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09501	+0.032%	$2.4M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09506	+0.084%	$8.9M	$10.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09496	−0.021%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09506	+0.084%	$179K	$172K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09496	−0.026%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09508	+0.108%	$253K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09510	+0.126%	$25K	$68K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09508	+0.105%	$125K	$1.4M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09490	−0.084%	$3K	$1.5M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09490	−0.084%	$178	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09503	+0.053%	$132K	$211K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09515	+0.179%	$139K	$5K	10x	as long as short
Phoenix XPL	+0.0166%	1h	0.09508	+0.105%	$192K	$474K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0648%	1h	0.09736	+2.506%	$65K	$95K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.1852%	1h	0.09524	+0.274%	$542K	$984K	10x	as long as short