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: Bitget against Aster+0.019%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$220.220% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days−0.015%−$1 · spread now +0.019%, 7d avg −0.001%

Together, before fees+0.021%+ 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: Bitget is 0.020% dearer against Aster than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XRPUSDT	1.5631	0.0100	pay 0.0100% / 8h	1h 54m	$39.9M	$74.5M	100x
Short	Bitget XRPUSDT	1.5634	0.0100	get 0.0100% / 8h	1h 54m	$270.8M	$351.0M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → −0.001%: $2.02
Slippage, 4 orders: −$1.96
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$19.94
Costs to cover: 0.220%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Bitget: 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	0.32 bp	4.3 bp −$4	5.2 bp −$52	12.3 bp −$1,231	doesn't fit
Sell Bitget live order book, 4 min ago	0.32 bp	6.3 bp −$6	8.6 bp −$86	20.0 bp −$1,997	44.4 bp −$22.2K

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	1.5594	−0.237%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5630	−0.007%	$1.1M	$101K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5530	−0.646%	$69K	$90K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5628	−0.020%	$262K	—	150x	as long as short
Hibachi XRP/USDT-P	+0.0016%	1h	1.5572	−0.378%	$19K	$72K	7x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.181%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5645	+0.089%	$15.7M	$66.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0051%	8h	1.5624	−0.045%	$82K	$934K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0078% / S +0.0154%	1h	1.5629	−0.012%	$919K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5639	+0.051%	$3.1M	$11.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5643	+0.077%	$465K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5609	−0.140%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5631	long leg	$39.9M	$74.5M	100x
Pacifica XRP	+0.0100%	1h	1.5583	−0.307%	$680K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5637	+0.036%	$566.6M	$1.91B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5628	−0.019%	$354.1M	$864.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5625	−0.038%	$127.7M	$868.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5499	−0.844%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5589	−0.269%	$120K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5455	−1.129%	$1.7M	$470K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5625	−0.038%	$372.5M	$133.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5627	−0.025%	$289.1M	$815.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5621	−0.065%	$113.1M	$151.8M	75x	as long as short
Bitget XRPUSDTshort	+0.0100%	8h	1.5634	+0.019%	$270.8M	$351.0M	125x
BingX XRP-USDC	+0.0100%	8h	1.5621	−0.064%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5558	−0.466%	$11.8M	$29.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5524	−0.686%	$674K	$96.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5563	−0.435%	$1.1M	$41.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5507	−0.793%	$1.0M	$880K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5622	−0.057%	$52K	$435K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5631	−0.001%	$42K	$61K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5624	−0.042%	$841K	$71K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5641	+0.066%	$131K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5637	+0.038%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5631	+0.002%	$51.4M	$15.0M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5629	−0.013%	$55.6M	$28.7M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5601	−0.195%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5580	−0.324%	$486K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5600	−0.198%	$11K	$245K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5617	−0.090%	$2.2M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5622	−0.054%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0192%	1h	1.5610	−0.134%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0198%	1h	1.5638	+0.045%	$9.6M	$24.9M	50x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5619	−0.079%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5647	+0.102%	$5.7M	$46.0M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5645	+0.090%	$24.5M	$71.6M	125x	as long as short
Kalshi KXXRPPERP	+0.0329%	8h	1.5609	−0.141%	$1.9M	$32.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0441%	1h	1.5644	+0.083%	$1.8M	$980K	25x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5598	−0.213%	$410K	$525K	10x	as long as short
Aftermath Perps XRPUSD	+0.0540%	1h	1.5513	−0.755%	$1K	$11K	10x	as long as short
Hyperliquid XRP	+0.0729%	1h	1.5652	+0.134%	$290.2M	$193.6M	20x	as long as short