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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Aster−0.021%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 3 days (all we have)−0.202%−$20 · spread now −0.021%, 7d avg 0.000%
Together, before fees+0.006%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.021% cheaper against Aster than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of 0.000%). If the spread goes back, that is −$2 on $10k: about 14 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XRPUSDT1.55540.0100pay 0.0100% / 8h1h 35m$39.5M$76.9M100x
ShortBloFin XRP-USDT1.55510.0220get 0.0220% / 8h1h 35m$24.5M$73.2M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.021% → 0.000%
−$2.1
Slippage, 4 orders
−$7.29
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$4.19
Costs to cover
0.273%
Break-even
8.2 days
Slippage from Aster: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago0.64 bp4.6 bp −$55.3 bp −$5314.0 bp −$1,403doesn't fit
Sell BloFin live order book, 4 min ago2.88 bp8.9 bp −$910.0 bp −$10015.3 bp −$1,52525.1 bp −$12.6K

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%1h1.5603+0.314%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5544−0.065%$1.1M$104K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5577+0.150%$261K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0007%1h1.5574+0.127%$9.6M$25.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.699%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5561+0.044%$15.5M$68.1M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5577+0.147%$78K$941K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0131%1h1.5576+0.140%$918K200xas long as short
Lighter XRP+0.0096%1h1.5567+0.083%$3.0M$12.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5566+0.076%$456K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5576+0.143%$1.1M$5.4M20xas long as short
Aster XRPUSDTlong+0.0100%8h1.5554long leg$39.5M$76.9M100x
Pacifica XRP+0.0100%1h1.5554+0.002%$671K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5551−0.021%$560.0M$1.95B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5555+0.005%$348.9M$882.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5554−0.001%$127.4M$872.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5561+0.044%$580K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5574+0.127%$119K$732K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683+0.828%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5558+0.024%$373.9M$138.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5560+0.037%$292.2M$839.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5561+0.046%$114.3M$157.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5554−0.001%$270.6M$358.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5569+0.095%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5595+0.260%$11.8M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5600+0.293%$677K$100.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5597+0.275%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5645+0.584%$1.0M$880K50xas long as short
Vest XRP-PERP+0.0100%1h1.5572+0.116%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5585+0.198%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5576+0.140%$42K$64K20xas long as short
Derive XRP-PERP+0.0100%1h1.5578+0.152%$839K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5567+0.080%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5564+0.063%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5567+0.084%$51.1M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5561+0.044%$55.4M$29.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5552−0.016%$485K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5578+0.153%$12K$249K20xas long as short
Extended XRP-USD+0.0104%1h1.5553−0.009%$2.2M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5574+0.127%$73K$40K3xas long as short
Hibachi XRP/USDT-P+0.0136%1h1.5609+0.351%$18K$81K7xas long as short
01 Exchange XRPUSD+0.0160%1h1.5581+0.172%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5580+0.166%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5576+0.140%$5.8M$46.8M50xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5551−0.021%$24.5M$73.2M125x
Backpack XRP_USDC_PERP+0.0282%1h1.5571+0.108%$1.8M$978K25xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5564+0.063%$1.9M$32.4M2.9xas long as short
Phoenix XRP+0.0516%1h1.5600+0.295%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5585+0.199%$509K$620K10xas long as short
Hyperliquid XRP+0.0603%1h1.5576+0.140%$290.8M$200.0M20xas long as short
Aftermath Perps XRPUSD+0.0692%1h1.5621+0.429%$1K$11K10xas long as short