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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.018%
Price spread now: Injective against Aster+1.052%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$1071.068% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 4 days (all we have)−2.026%−$203 · spread now +1.052%, 7d avg −0.006%
Together, before fees−1.863%+ Points / potential airdropAster: Stage 5 · farm board−$186 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 1.058% dearer against Aster than usual: you sell high and buy low (spread +1.052% now, against its 7-day average of −0.006%): +$106 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 53 days. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XRPUSDT1.53980.0100pay 0.0100% / 8h5h 59m$39.4M$82.0M100x
ShortInjective XRP/USDC PERP1.55600.0033get 0.0004% / 1h59m 04s$2K$107K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +1.052% → −0.006%
$105.82
Slippage, 4 orders
−$98.79
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$14.99
Costs to cover
1.068%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; Injective: live order book, 52 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, 3 min ago0.65 bp4.6 bp −$55.7 bp −$5716.3 bp −$1,629doesn't fit
Sell Injective live order book, 52 min ago42.39 bp54.8 bp −$5564.0 bp −$640doesn't fitdoesn't fit

XRP on 50 exchanges

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%1h1.5403+0.032%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5403+0.029%$14.1M$72.0M50xas long as short
dYdX XRP-USD0.0000%1h1.5419+0.135%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5402+0.026%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5390−0.051%$246K150xas long as short
01 Exchange XRPUSD+0.0016%1h1.5405+0.045%$9K$98710xas long as short
Injective XRP/USDC PERPshort+0.0033%1h1.5560+1.052%$2K$107K30x
Ondo Perps XRP-USD.P+0.0046%1h1.5424+0.169%$565K$37K5xas long as short
Lighter XRP+0.0096%1h1.5401+0.020%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5405+0.045%$606K$3.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERP+0.0099%8h1.5414+0.104%$481K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.53980.000%$10K$400K20xas long as short
Nado XRP-PERP+0.0100%1h1.5411+0.088%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5409+0.071%$300.5M$267.8M20xas long as short
Aster XRPUSDTlong+0.0100%8h1.5398long leg$39.4M$82.0M100x
Pacifica XRP+0.0100%1h1.5415+0.110%$596K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5399+0.006%$537.0M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5409+0.071%$365.3M$893.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5396−0.013%$125.2M$843.1M100xas long as short
Arcus XRP-USD+0.0100%1h1.5414+0.104%$166K$684K20xas long as short
Gate XRP_USDT+0.0100%8h1.5400+0.013%$384.0M$155.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5395−0.019%$310.1M$884.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5400+0.014%$107.0M$181.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.53980.000%$273.1M$358.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.53980.000%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5390−0.053%$5.0M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5392−0.036%$669K$110.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5425+0.174%$1.1M$31.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5405+0.045%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5409+0.073%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5404+0.039%$53K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5404+0.036%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5403+0.032%$84K$606K50xas long as short
SunX XRP-USDT+0.0100%8h1.5410+0.077%$129K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5400+0.013%$32K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5391−0.045%$50.2M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5404+0.039%$54.9M$33.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5369−0.187%$1.6M$25K20xas long as short
Extended XRP-USD+0.0104%1h1.5395−0.018%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5394−0.023%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5405+0.045%$5.5M$45.0M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5425+0.173%$17K$76K7xas long as short
Backpack XRP_USDC_PERP+0.0130%1h1.5407+0.058%$2.0M$1.2M25xas long as short
Kalshi KXXRPPERP+0.0143%8h1.5416+0.117%$1.9M$34.8M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0168% / S −0.0366%1h1.5401+0.020%$610K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5399+0.006%$23.9M$78.9M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5399+0.007%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5413+0.096%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0428%1h1.5410+0.080%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5410+0.078%$69K$108K15xas long as short