Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Aster+0.053%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.053%, 7d avg −0.050%

Together, before fees−0.018%+ Points / potential airdropAster: Stage 5 · farm board−$2 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: BingX is 0.102% dearer against Aster than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XRPUSDT	1.5195	0.0100	pay 0.0100% / 8h	2h 45m	$38.6M	$71.3M	100x
Short	BingX XRP-USDC	1.5203	0.0100	get 0.0100% / 8h	2h 45m	—	$3.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → −0.050%: $10.23
Slippage, 4 orders: −$10.44
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$18.21
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; BingX: live order book, 4 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, 4 min ago	0.99 bp	5.0 bp −$5	5.4 bp −$54	14.3 bp −$1,431	doesn't fit
Sell BingX live order book, 4 min ago	0.99 bp	8.6 bp −$9	14.1 bp −$141	28.6 bp −$2,865	83.9 bp −$41.9K

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
GMX XRP/USD [ETH-USDC]	L −0.0211% / S +0.0297%	1h	1.5200	+0.035%	$1.6M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5209	+0.092%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5199	+0.027%	$1.1M	$100K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5210	+0.099%	$68K	$89K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5202	+0.046%	$9.3M	$23.4M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5201	+0.039%	$254K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	+0.625%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0047%	8h	1.5194	−0.007%	$177K	$788K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5198	+0.021%	$2.9M	$11.3M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5201	+0.039%	$441K	$3.1M	20x	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	1.5199	+0.030%	$1.1M	$5.1M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5195	long leg	$38.6M	$71.3M	100x
Pacifica XRP	+0.0100%	1h	1.5199	+0.025%	$662K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5199	+0.026%	$543.3M	$1.83B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5200	+0.033%	$339.4M	$830.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5199	+0.026%	$122.4M	$821.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5215	+0.132%	$566K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5201	+0.039%	$115K	$645K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5193	−0.013%	$353.7M	$128.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5194	−0.007%	$294.2M	$792.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5199	+0.026%	$111.3M	$145.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5200	+0.033%	$264.1M	$336.2M	125x	as long as short
BingX XRP-USDCshort	+0.0100%	8h	1.5203	+0.053%	—	$3.7M	—
Backpack XRP_USDC_PERP	+0.0100%	1h	1.5212	+0.112%	$1.7M	$923K	25x	as long as short
Variational Omni XRP	+0.0100%	8h	1.5196	+0.004%	$6.2M	$24.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5204	+0.057%	$661K	$95.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5201	+0.040%	$1.1M	$41.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5203	+0.053%	$1.0M	$827K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5200	+0.030%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5203	+0.053%	$51K	$457K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5198	+0.020%	$42K	$59K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5197	+0.013%	$818K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5200	+0.034%	$127K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5198	+0.020%	$28K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5189	−0.042%	$50.0M	$14.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5204	+0.059%	$54.3M	$28.1M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5279	+0.553%	$1.6M	$350K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5198	+0.020%	$474K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5193	−0.013%	$11K	$244K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5192	−0.019%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5198	+0.019%	$71K	$40K	3x	as long as short
Kraken Futures PF_XRPUSD	+0.0171%	1h	1.5199	+0.027%	$15.1M	$62.7M	50x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5199	+0.026%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5207	+0.079%	$5.3M	$42.4M	50x	as long as short
Kalshi KXXRPPERP	+0.0204%	8h	1.5212	+0.112%	$1.7M	$31.8M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0210%	1h	1.5200	+0.033%	$1.3M	$10K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5209	+0.092%	$24.0M	$65.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5204	+0.058%	$19K	$55K	7x	as long as short
Hyperliquid XRP	+0.0417%	1h	1.5215	+0.132%	$278.3M	$178.0M	20x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5205	+0.066%	$402K	$503K	10x	as long as short
Aftermath Perps XRPUSD	+0.0546%	1h	1.5245	+0.329%	$1K	$10K	10x	as long as short