Settings8H · net · $10k
Funding arb · Price arb /

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against OKX+0.012%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$600.598% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.012%, 7d avg +0.036%
Together, before fees+0.077%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.024% cheaper against OKX than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.036%). If the spread goes back, that is −$2 on $10k: about 3.4 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XPL-USDT-SWAP0.098870.0076pay 0.0038% / 4h3h 06m$8.8M$55.9M50x
ShortAster XPLUSDT0.098880.0100get 0.0050% / 4h3h 06m$260K$539K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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

Funding earned
$4.94
Price spread: +0.012% → +0.036%
−$2.43
Slippage, 4 orders
−$41.81
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$57.3
Costs to cover
0.598%
Break-even
88.3 days
Slippage from OKX: live order book, 2 min ago; Aster: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.50 bp10.4 bp −$1033.6 bp −$336doesn't fitdoesn't fit
Sell Aster live order book, 66 min ago5.67 bp17.1 bp −$17102.3 bp −$1,023doesn't fitdoesn't fit

XPL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange XPLUSD−0.0192%1h0.09870−0.172%$574$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0176% / S +0.0548%1h0.09885−0.023%$114K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0155%1h0.09882−0.051%$47K$18K25xas long as short
dYdX XPL-USD0.0000%1h0.09889+0.016%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07570−23.430%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0003%1h0.09886−0.006%$59K150xas long as short
Lighter XPL+0.0016%1h0.09878−0.091%$4.5M$4.2M10xas long as short
Orderly PERP_XPL_USDC+0.0019%4h0.09879−0.081%$30K$335K10xas long as short
Paradex XPL-USD-PERP+0.0050%8h0.09882−0.053%$13K$2K5xas long as short
OKX XPL-USDT-SWAPlong+0.0076%4h0.09887long leg$8.8M$55.9M50x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09883−0.040%$1.5M$2.6M10xas long as short
Aster XPLUSDTshort+0.0100%4h0.09888+0.012%$260K$539K20x
Pacifica XPL+0.0100%1h0.09889+0.021%$225K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09889+0.020%$45.3M$108.8M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09893+0.061%$48.2M$56.1M75xas long as short
Bulk XPL-USD+0.0100%1h0.09909+0.223%$144K$2K10xas long as short
Gate XPL_USDT+0.0100%4h0.09878−0.091%$3.1M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09888+0.010%$13.1M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09888+0.010%$2.4M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09897+0.101%$8.9M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09880−0.071%$7.9Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09906+0.192%$185K$245K10xas long as short
Variational Omni XPL+0.0100%4h0.09881−0.064%$1.8M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09910+0.233%$263K$844K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09930+0.435%$26K$89K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09892+0.056%$132K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09860−0.273%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09890+0.030%$497$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09901+0.142%$143K$243K20xas long as short
Extended XPL-USD+0.0104%1h0.09879−0.085%$674K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09880−0.067%$29K$18K3xas long as short
Phoenix XPL+0.0163%1h0.09934+0.475%$201K$655K10xas long as short
Hyperliquid XPL+0.0181%1h0.09895+0.084%$64.2M$47.0M10xas long as short
BloFin XPL-USDT+0.0340%4h0.09904+0.172%$1.8M$1.2M75xas long as short
Coinbase International XPL-PERP-INTX+0.0376%1h0.09980+0.941%$74K$97K50xas long as short
Kraken Futures PF_XPLUSD+0.5006%1h0.09938+0.512%$575K$1.0M10xas long as short