Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Aster−0.006%69s7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.261% of the position

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days−0.008%−$1 · spread now −0.006%, 7d avg +0.031%

Together, before fees+0.085%+ Points / potential airdropAster: Stage 5 · farm board+$8 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: ApeX Omni is 0.037% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.031%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XRPUSDT	1.5250	0.0100	pay 0.0100% / 8h	42m 23s	$38.7M	$87.0M	100x
Short	ApeX Omni XRPUSDT	1.5249	0.0100	get 0.0013% / 1h	42m 23s	$1.2M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → +0.031%: −$3.72
Slippage, 4 orders: −$8.12
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$29.85
Costs to cover: 0.261%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; ApeX Omni: live order book, 2 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, 2 min ago	0.66 bp	4.9 bp −$5	5.9 bp −$59	12.8 bp −$1,278	doesn't fit
Sell ApeX Omni live order book, 2 min ago	2.95 bp	8.5 bp −$9	15.0 bp −$150	doesn't fit	doesn't fit

XRP on 51 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
Hotstuff XRP-PERP	−0.0080%	1h	1.5241	−0.058%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5242	−0.050%	$1.1M	$148K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5248	−0.012%	$247K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0012%	1h	1.5252	+0.014%	$7.9M	$24.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.033%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0078%	1h	1.5244	−0.041%	$14.6M	$73.8M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5251	+0.006%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5252	+0.014%	$602K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5239	−0.071%	$10K	$372K	20x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0100% / S −0.0058%	1h	1.5250	−0.003%	$787K	—	200x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5242	−0.049%	$1.0M	$6.3M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5250	long leg	$38.7M	$87.0M	100x
Pacifica XRP	+0.0100%	1h	1.5249	−0.006%	$615K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5251	+0.010%	$534.0M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5247	−0.019%	$351.2M	$957.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5247	−0.019%	$128.4M	$877.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5226	−0.157%	$566K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5253	+0.020%	$145K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5191	−0.389%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5251	+0.007%	$380.3M	$160.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5252	+0.014%	$316.8M	$919.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5253	+0.020%	$107.5M	$184.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5245	−0.032%	$269.6M	$392.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5245	−0.032%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5239	−0.075%	$4.9M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5231	−0.127%	$662K	$113.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5252	+0.011%	$1.1M	$35.2M	20x	as long as short
ApeX Omni XRPUSDTshort	+0.0100%	1h	1.5249	−0.006%	$1.2M	$1.2M	50x
Vest XRP-PERP	+0.0100%	1h	1.5251	+0.005%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5255	+0.033%	$50K	$511K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5249	−0.005%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5247	−0.019%	$78K	$688K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5233	−0.114%	$819K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5258	+0.056%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5243	−0.045%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5239	−0.071%	$49.8M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5229	−0.137%	$54.4M	$32.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5250	+0.002%	$475K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5242	−0.049%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5247	−0.019%	$59K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5248	−0.012%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0120%	1h	1.5234	−0.105%	$17K	$78K	7x	as long as short
Hyperliquid XRP	+0.0164%	1h	1.5267	+0.112%	$291.3M	$268.1M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5251	+0.007%	$5.7M	$48.5M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0181%	1h	1.5237	−0.085%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0204%	8h	1.5237	−0.085%	$1.8M	$34.6M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0220%	1h	1.5249	−0.006%	$1.3M	$4K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5227	−0.150%	$23.7M	$78.0M	125x	as long as short
RISEx XRP/USDC	+0.0394%	1h	1.5256	+0.043%	$529K	$804K	10x	as long as short
Phoenix XRP	+0.0526%	1h	1.5260	+0.066%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0645%	1h	1.5235	−0.097%	$2K	$16K	10x	as long as short