XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h −0.006%

Price spread now: Orderly against Aster+0.055%7-day average −0.017% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 3 days (all we have)−0.172%−$17 · spread now +0.055%, 7d avg −0.017%

Together, before fees−0.184%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.071% dearer against Aster than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.017%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.1 days. At the pace of the last 7 days (−0.012% in total) that is about 41 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XRPUSDT	1.5322	0.0100	pay 0.0100% / 8h	2m 47s	$38.8M	$82.5M	100x
Short	Orderly PERP_XRP_USDC	1.5330	0.0061	get 0.0061% / 8h	2m 47s	$75K	$910K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.055%Rate

Funding earned: −$8.18
Price spread: +0.055% → −0.017%: $7.15
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$15.04
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 1 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 1 min ago	0.65 bp	4.7 bp −$5	5.5 bp −$55	15.5 bp −$1,548	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5327	+0.035%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5322	0.000%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5330	+0.055%	$68K	$90K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5325	+0.022%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0007% / S +0.0090%	1h	1.5324	+0.013%	$840K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5327	+0.035%	$9.3M	$25.7M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5327	+0.034%	$15.0M	$69.9M	50x	as long as short
Orderly PERP_XRP_USDCshort	+0.0061%	8h	1.5330	+0.055%	$75K	$910K	50x
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	+1.556%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5325	+0.025%	$2.8M	$13.8M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5327	+0.035%	$510K	$3.3M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5333	+0.071%	$1.1M	$5.5M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5322	long leg	$38.8M	$82.5M	100x
Pacifica XRP	+0.0100%	1h	1.5326	+0.029%	$631K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5324	+0.014%	$540.8M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5324	+0.016%	$338.8M	$930.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5325	+0.022%	$125.2M	$882.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5324	+0.016%	$570K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5327	+0.035%	$117K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5333	+0.075%	$1.7M	$570K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5317	−0.030%	$361.3M	$149.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5323	+0.009%	$299.3M	$900.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5318	−0.023%	$108.5M	$166.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5322	+0.003%	$267.7M	$377.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5321	−0.004%	—	$122.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5290	−0.203%	$8.2M	$33.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5317	−0.027%	$665K	$105.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5319	−0.015%	$1.1M	$40.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5290	−0.206%	$1.0M	$901K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5326	+0.027%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5332	+0.068%	$46K	$456K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5327	+0.038%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5330	+0.053%	$825K	$82K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5332	+0.069%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5327	+0.035%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5319	−0.016%	$50.3M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5327	+0.035%	$54.6M	$29.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5323	+0.012%	$478K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5326	+0.029%	$11K	$270K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5315	−0.045%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5325	+0.021%	$71K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5327	+0.035%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5328	+0.039%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5323	+0.009%	$24.0M	$74.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5336	+0.094%	$5.8M	$46.8M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0264%	1h	1.5334	+0.081%	$1.7M	$1.1M	25x	as long as short
Hibachi XRP/USDT-P	+0.0304%	1h	1.5326	+0.032%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0314%	8h	1.5334	+0.081%	$2.0M	$34.8M	2.9x	as long as short
Hyperliquid XRP	+0.0556%	1h	1.5338	+0.107%	$290.0M	$216.0M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5328	+0.041%	$529K	$744K	10x	as long as short
Aftermath Perps XRPUSD	+0.0781%	1h	1.5333	+0.073%	$1K	$11K	10x	as long as short