Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Aster+0.065%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.051%−$5 · spread now +0.065%, 7d avg −0.007%

Together, before fees−0.021%+ Points / potential airdropAster: Stage 5 · farm board−$2 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: OKX is 0.072% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XRPUSDT	1.5187	0.0100	pay 0.0100% / 8h	7h 58m	$38.5M	$86.1M	100x
Short	OKX XRP-USDT-SWAP	1.5197	0.0100	get 0.0100% / 8h	7h 58m	$127.4M	$864.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → −0.007%: $7.17
Slippage, 4 orders: −$2.17
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$13
Costs to cover: 0.202%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	0.66 bp	4.7 bp −$5	5.3 bp −$53	11.0 bp −$1,100	doesn't fit
Sell OKX live order book, 5 min ago	0.33 bp	5.3 bp −$5	6.0 bp −$60	8.4 bp −$841	25.9 bp −$13.0K

XRP on 50 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
Kraken Futures PF_XRPUSD	−0.0172%	1h	1.5170	−0.111%	$14.6M	$73.7M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5182	−0.034%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5183	−0.025%	$1.1M	$148K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5173	−0.095%	$246K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.455%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5178	−0.062%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5174	−0.084%	$2.8M	$14.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5176	−0.073%	$604K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5174	−0.083%	$997K	$6.3M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5187	long leg	$38.5M	$86.1M	100x

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica XRP	+0.0100%	1h	1.5187	−0.001%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5191	+0.025%	$530.3M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5192	+0.032%	$353.1M	$949.7M	100x	as long as short
OKX XRP-USDT-SWAPshort	+0.0100%	8h	1.5197	+0.065%	$127.4M	$864.4M	100x
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5175	−0.080%	$564K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5179	−0.054%	$143K	$715K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5189	+0.012%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5186	−0.008%	$378.4M	$151.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5190	+0.019%	$311.7M	$909.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5181	−0.041%	$106.5M	$183.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5186	−0.008%	$269.3M	$389.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5191	+0.025%	—	$107.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5167	−0.130%	$4.8M	$38.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5161	−0.175%	$658K	$113.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5178	−0.060%	$1.1M	$33.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5161	−0.172%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5181	−0.038%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5172	−0.100%	$52K	$514K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5174	−0.084%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5173	−0.093%	$77K	$689K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5172	−0.097%	$816K	$77K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5175	−0.083%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5172	−0.100%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5180	−0.045%	$49.6M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5174	−0.087%	$54.1M	$32.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5188	+0.009%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5184	−0.022%	$2.1M	$6.9M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5173	−0.093%	$8K	$2K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5170	−0.113%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0111% / S −0.0074%	1h	1.5173	−0.096%	$784K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0145%	1h	1.5178	−0.060%	$7.7M	$24.0M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5178	−0.060%	$5.6M	$48.0M	50x	as long as short
Kalshi KXXRPPERP	+0.0161%	8h	1.5185	−0.014%	$1.7M	$33.6M	2.9x	as long as short
Hyperliquid XRP	+0.0182%	1h	1.5189	+0.012%	$289.9M	$268.2M	20x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5176	−0.073%	$23.6M	$77.7M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5169	−0.120%	$1.3M	$4K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0227%	1h	1.5184	−0.021%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5179	−0.054%	$521K	$798K	10x	as long as short
Phoenix XRP	+0.0526%	1h	1.5180	−0.047%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0570%	1h	1.5176	−0.073%	$2K	$16K	10x	as long as short