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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Arcus against Aster+0.020%46s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$190.191% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.020%, 7d avg −0.013%
Together, before fees−0.011%+ Points / potential airdropAster: Stage 5 · farm board−$1 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: Arcus is 0.032% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XRPUSDT1.51400.0100pay 0.0100% / 8h4h 02m$38.2M$83.7M100x
ShortArcus XRP-USD1.51430.0100get 0.0013% / 1h2m 56s$110K$712K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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

Funding earned
$0
Price spread: +0.020% → −0.013%
$3.24
Slippage, 4 orders
−$6.56
Fee Aster: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$15.82
Costs to cover
0.191%
Break-even
never at this rate
Slippage from Aster: live order book, 6 min ago; Arcus: live order book, 56 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 Aster live order book, 6 min ago0.33 bp4.3 bp −$45.4 bp −$5413.0 bp −$1,301doesn't fit
Sell Arcus live order book, 56 min ago1.32 bp5.0 bp −$510.7 bp −$107doesn't fitdoesn't fit

XRP on 51 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
Hotstuff XRP-PERP−0.0080%1h1.5125−0.099%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5137−0.023%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5132−0.055%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5120−0.132%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5138−0.011%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5142+0.013%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.774%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0047% / S +0.0020%1h1.5137−0.018%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0093%8h1.51400.000%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5143+0.018%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5144+0.026%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5133−0.046%$10K$331K20xas long as short
Nado XRP-PERP+0.0100%1h1.5133−0.043%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5150+0.066%$280.4M$227.9M20xas long as short
Aster XRPUSDTlong+0.0100%8h1.5140long leg$38.2M$83.7M100x
Pacifica XRP+0.0100%1h1.5138−0.013%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5139−0.007%$532.9M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.51400.000%$345.7M$937.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.51400.000%$126.9M$875.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5120−0.132%$563K$28K5xas long as short
Arcus XRP-USDshort+0.0100%1h1.5143+0.020%$110K$712K20x
Bulk XRP-USD+0.0100%1h1.5114−0.172%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5139−0.007%$369.1M$154.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5137−0.020%$294.5M$904.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5141+0.006%$107.8M$175.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5139−0.007%$268.1M$385.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5137−0.020%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5110−0.199%$5.2M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5109−0.205%$656K$108.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5115−0.164%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5110−0.198%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5144+0.026%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5140−0.002%$41K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5141+0.009%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5144+0.028%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5139−0.007%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5127−0.089%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.51400.000%$53.8M$31.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5139−0.007%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5138−0.015%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5135−0.031%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5138−0.011%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5142+0.013%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0189%1h1.5149+0.059%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5145+0.033%$5.6M$47.1M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5110−0.198%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5141+0.008%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5138−0.013%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5132−0.053%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5145+0.030%$516K$774K10xas long as short
Aftermath Perps XRPUSD+0.0681%1h1.5135−0.033%$2K$15K10xas long as short