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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Aster+0.138%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$170.172% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 7 days−0.135%−$14 · spread now +0.138%, 7d avg +0.007%
Together, before fees−0.131%+ Points / potential airdropAster: Stage 5 · farm board−$13 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: Bulk is 0.131% dearer against Aster than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XRPUSDT1.52580.0100pay 0.0100% / 8h2h 50m$38.8M$71.2M100x
ShortBulk XRP-USD1.52790.0100get 0.0013% / 1h50m 20s$1.6M$350K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +0.138% → +0.007%
$13.05
Slippage, 4 orders
−$2.24
Fee Aster: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$4.19
Costs to cover
0.172%
Break-even
8610883712528150.0 days
Slippage from Aster: live order book, 4 min ago; Bulk: 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 ago0.65 bp4.7 bp −$55.5 bp −$5513.0 bp −$1,297doesn't fit
Sell Bulk live order book, 4 min ago0.33 bp4.1 bp −$46.7 bp −$6715.4 bp −$1,53532.7 bp −$16.3K

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
GMX XRP/USD [ETH-USDC]L −0.0211% / S +0.0297%1h1.5251−0.049%$1.7M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5287+0.190%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5272+0.093%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5300+0.275%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5288+0.197%$9.3M$23.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5251−0.045%$255K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290+0.210%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0047%8h1.5235−0.151%$179K$785K50xas long as short
Lighter XRP+0.0096%1h1.5268+0.069%$3.0M$11.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5269+0.072%$443K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5265+0.043%$1.1M$5.1M20xas long as short
Aster XRPUSDTlong+0.0100%8h1.5258long leg$38.8M$71.2M100x
Pacifica XRP+0.0100%1h1.5268+0.068%$672K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5248−0.066%$545.9M$1.83B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5240−0.118%$342.4M$831.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5227−0.203%$123.2M$822.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5294+0.236%$568K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5264+0.039%$115K$643K20xas long as short
Gate XRP_USDT+0.0100%8h1.5250−0.052%$354.8M$128.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.52580.000%$294.9M$786.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5263+0.035%$112.1M$145.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5260+0.013%$265.7M$335.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5253−0.033%$3.7Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5289+0.203%$1.7M$914K25xas long as short
Variational Omni XRP+0.0100%8h1.5293+0.227%$6.3M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5297+0.254%$665K$94.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5308+0.327%$1.1M$42.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5297+0.256%$1.0M$823K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5271+0.085%$51K$456K20xas long as short
Bullet XRP-USD+0.0100%1h1.5251−0.046%$42K$60K20xas long as short
Derive XRP-PERP+0.0100%1h1.5245−0.086%$821K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5289+0.204%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5281+0.151%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5285+0.178%$50.3M$14.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5287+0.190%$54.6M$27.9M50xas long as short
Bulk XRP-USDshort+0.0100%1h1.5279+0.138%$1.6M$350K20x
Paradex XRP-USD-PERP+0.0100%8h1.5260+0.014%$476K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5265+0.049%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5268+0.066%$12K$236K20xas long as short
Extended XRP-USD+0.0104%1h1.5255−0.018%$2.1M$7.4M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5232−0.172%$71K$40K3xas long as short
Kraken Futures PF_XRPUSD+0.0170%1h1.5287+0.190%$15.3M$62.6M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5292+0.223%$5.3M$42.6M50xas long as short
Kalshi KXXRPPERP+0.0206%8h1.5294+0.236%$1.7M$31.9M2.9xas long as short
Reya XRPRUSDPERP+0.0210%1h1.52580.000%$1.3M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5278+0.131%$23.9M$65.6M125xas long as short
01 Exchange XRPUSD+0.0232%1h1.5262+0.026%$8K$8K10xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5287+0.190%$19K$55K7xas long as short
Hyperliquid XRP+0.0428%1h1.5278+0.131%$285.3M$174.2M20xas long as short
RISEx XRP/USDC+0.0431%1h1.5268+0.065%$404K$503K10xas long as short
Aftermath Perps XRPUSD+0.0552%1h1.5296+0.252%$1K$10K10xas long as short