Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.029%
Price spread now: Coinbase International against Aster−0.001%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.312%−$31 · spread now −0.001%, 7d avg +0.020%
=Together, before fees−0.234%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.022% cheaper against Aster than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.020%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.078% in total) that is about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XRPUSDT | 1.5161 | 0.0100 | pay 0.0100% / 8h | 4h 00m | $38.3M | $83.7M | 100x |
| Short | Coinbase International XRP-PERP-INTX | 1.5161 | 0.0192 | get 0.0024% / 1h | 0m 35s | $5.6M | $47.1M | 50x |
Aster XRPUSDT
Coinbase International XRP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.32
- Price spread: −0.001% → +0.020%
- −$2.15
- Slippage, 4 orders
- −$6.35
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$7.19
- Costs to cover
- 0.244%
- Break-even
- 9.6 days
Slippage from Aster: live order book, 4 min ago; Coinbase International: 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 | 0.66 bp | 4.8 bp −$5 | 5.6 bp −$56 | 13.8 bp −$1,375 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 0.66 bp | 7.2 bp −$7 | 11.0 bp −$110 | 23.4 bp −$2,337 | doesn't fit |
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 | 1.5142 | −0.127% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5152 | −0.063% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5158 | −0.024% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | −0.074% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5153 | −0.055% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5157 | −0.028% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.630% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0047% / S +0.0019% | 1h | 1.5152 | −0.060% | $790K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0094% | 8h | 1.5153 | −0.054% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5166 | +0.033% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5164 | +0.018% | $499K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5152 | −0.061% | $10K | $331K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5164 | +0.015% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5169 | +0.051% | $280.8M | $227.9M | 20x | as long as short |
| Aster XRPUSDTlong | +0.0100% | 8h | 1.5161 | long leg | $38.3M | $83.7M | 100x | |
| Pacifica XRP | +0.0100% | 1h | 1.5164 | +0.015% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5159 | −0.015% | $533.2M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5161 | −0.001% | $346.5M | $937.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5161 | −0.001% | $127.0M | $877.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5120 | −0.272% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5163 | +0.012% | $117K | $705K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5114 | −0.311% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5160 | −0.008% | $369.6M | $155.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5159 | −0.015% | $293.2M | $904.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5165 | +0.026% | $108.0M | $175.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5159 | −0.015% | $268.3M | $385.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.005% | — | $127.4M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5154 | −0.049% | $4.8M | $38.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5133 | −0.187% | $657K | $108.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5140 | −0.139% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5143 | −0.120% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5153 | −0.054% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5157 | −0.028% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5156 | −0.034% | $41K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5157 | −0.030% | $816K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5161 | +0.001% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5154 | −0.048% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5151 | −0.065% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5163 | +0.012% | $53.9M | $31.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5161 | −0.001% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5156 | −0.032% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5153 | −0.051% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5163 | +0.012% | $8K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTXshort | +0.0192% | 1h | 1.5161 | −0.001% | $5.6M | $47.1M | 50x | |
| Backpack XRP_USDC_PERP | +0.0194% | 1h | 1.5167 | +0.038% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5147 | −0.091% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5155 | −0.040% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5152 | −0.061% | $24.2M | $76.1M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5138 | −0.153% | $2.0M | $34.9M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5165 | +0.023% | $516K | $773K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0678% | 1h | 1.5142 | −0.129% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD