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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Katana Perps against Aster−0.059%7-day average −0.045% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.022%−$2 on $10k
Price spread, last 7 days+0.066%+$7 · spread now −0.059%, 7d avg −0.045%
Together, before fees+0.044%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XRPUSDT1.52500.0100pay 0.0100% / 8h2h 28m$38.8M$71.5M100x
ShortKatana Perps XRP-USD1.52410.0101get 0.0101% / 8h2h 28m$11K$235K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
$0.25
Price spread: −0.059% → −0.045%
−$1.43
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$12.98
Costs to cover
0.118%
Break-even
370.6 days
Slippage unknown: Aster: live order book, 5 min ago; Katana Perps: no order-book sample. Net counts fees only.

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, 5 min ago0.99 bp5.0 bp −$55.6 bp −$5614.1 bp −$1,407doesn't fit
Sell Katana Perps no order-book sample
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0210% / S +0.0297%1h1.5244−0.041%$1.7M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5229−0.138%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5233−0.113%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5220−0.197%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5253+0.020%$9.2M$24.0M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5244−0.037%$255K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290+0.262%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0046%8h1.5243−0.046%$178K$788K50xas long as short
Lighter XRP+0.0096%1h1.5252+0.016%$2.9M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5253+0.020%$443K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5244−0.036%$1.0M$5.2M20xas long as short
Aster XRPUSDTlong+0.0100%8h1.5250long leg$38.8M$71.5M100x
Pacifica XRP+0.0100%1h1.5228−0.143%$663K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5251+0.006%$545.5M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5253+0.020%$341.5M$834.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5248−0.013%$122.9M$827.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5228−0.144%$566K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5238−0.079%$114K$647K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.320%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.52500.000%$356.1M$129.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5249−0.007%$289.8M$803.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5249−0.009%$113.1M$147.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5251+0.007%$265.4M$338.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5249−0.007%$113.2Mas long as short
Variational Omni XRP+0.0100%8h1.5205−0.296%$6.2M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202−0.315%$661K$95.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5221−0.191%$1.1M$41.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.302%$1.0M$848K50xas long as short
Vest XRP-PERP+0.0100%1h1.5237−0.086%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5243−0.046%$49K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5242−0.049%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5247−0.022%$821K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5248−0.011%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5248−0.013%$27K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5227−0.148%$50.1M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5249−0.007%$54.5M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5226−0.156%$475K$54K50xas long as short
Katana Perps XRP-USDshort+0.0101%8h1.5241−0.059%$11K$235K20x
Extended XRP-USD+0.0104%1h1.5249−0.008%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5247−0.020%$71K$40K3xas long as short
Backpack XRP_USDC_PERP+0.0126%1h1.5260+0.066%$1.7M$915K25xas long as short
01 Exchange XRPUSD+0.0136%1h1.5240−0.066%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0171%1h1.5251+0.005%$15.3M$63.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5253+0.020%$5.4M$43.3M50xas long as short
Kalshi KXXRPPERP+0.0207%8h1.5237−0.085%$1.7M$31.5M2.9xas long as short
Reya XRPRUSDPERP+0.0210%1h1.5244−0.040%$1.3M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5233−0.111%$23.8M$66.4M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5206−0.287%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5244−0.042%$404K$496K10xas long as short
Hyperliquid XRP+0.0451%1h1.5267+0.111%$279.8M$181.0M20xas long as short
Aftermath Perps XRPUSD+0.0546%1h1.5235−0.099%$1K$11K10xas long as short