Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Aster+0.007%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$300.304% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.007%, 7d avg +0.003%

Together, before fees−0.007%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XRPUSDT	1.5542	0.0100	pay 0.0100% / 8h	1h 28m	$39.5M	$78.2M	100x
Short	KuCoin XRPUSDTM	1.5543	0.0100	get 0.0100% / 8h	1h 28m	$113.6M	$158.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → +0.003%: $0.39
Slippage, 4 orders: −$10.36
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$29.97
Costs to cover: 0.304%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; KuCoin: live order book, 6 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, 6 min ago	0.32 bp	4.3 bp −$4	4.8 bp −$48	11.2 bp −$1,122	doesn't fit
Sell KuCoin live order book, 6 min ago	0.03 bp	9.5 bp −$9	11.6 bp −$116	33.5 bp −$3,347	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	1.5544	+0.015%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5536	−0.037%	$1.1M	$114K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5505	−0.236%	$259K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.620%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5511	−0.196%	$15.4M	$68.8M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0051% / S +0.0124%	1h	1.5504	−0.241%	$1.1M	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5510	−0.204%	$77K	$942K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0072%	1h	1.5514	−0.178%	$9.5M	$25.3M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5554	+0.079%	$3.0M	$12.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5556	+0.092%	$440K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5545	+0.024%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5542	long leg	$39.5M	$78.2M	100x
Pacifica XRP	+0.0100%	1h	1.5543	+0.010%	$640K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5548	+0.038%	$559.4M	$1.97B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5547	+0.034%	$347.6M	$891.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5544	+0.015%	$127.4M	$878.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5515	−0.172%	$577K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5548	+0.040%	$118K	$739K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5540	−0.011%	$374.2M	$139.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5542	+0.002%	$291.8M	$848.9M	300x	as long as short
KuCoin XRPUSDTMshort	+0.0100%	8h	1.5543	+0.007%	$113.6M	$158.5M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5545	+0.021%	$271.1M	$362.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5546	+0.028%	—	$117.5M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5485	−0.368%	$11.7M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5531	−0.067%	$674K	$101.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5464	−0.502%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5529	−0.082%	$1.0M	$882K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5494	−0.307%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5512	−0.191%	$45K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5506	−0.229%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5514	−0.181%	$835K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5518	−0.151%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5513	−0.185%	$29K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5499	−0.276%	$50.9M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5520	−0.140%	$55.3M	$29.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5477	−0.419%	$1.7M	$578K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5548	+0.037%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5542	+0.002%	$11K	$255K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5539	−0.015%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5511	−0.198%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5552	+0.066%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0176%	1h	1.5475	−0.427%	$18K	$81K	7x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5502	−0.257%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5516	−0.165%	$5.9M	$47.0M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5510	−0.204%	$24.6M	$73.4M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0253%	1h	1.5530	−0.075%	$1.8M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0313%	8h	1.5503	−0.249%	$1.9M	$32.7M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5480	−0.397%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5556	+0.093%	$509K	$629K	10x	as long as short
Hyperliquid XRP	+0.0600%	1h	1.5572	+0.195%	$291.6M	$202.5M	20x	as long as short
Aftermath Perps XRPUSD	+0.0731%	1h	1.5535	−0.046%	$1K	$11K	10x	as long as short