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+0.0661%/8h= +72.4% APRpaid last 24h +0.104%
Price spread now: RISEx against Aster−0.061%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.305%+$31 on $10k
Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.061%, 7d avg +0.037%
Together, before fees+0.410%+ Points / potential airdropAster: Stage 5 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.098% cheaper against Aster than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.037%). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$20 a day). At the pace of the last 3 days (+0.305% in total) that is about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XRPUSDT1.55880.0100pay 0.0100% / 8h47m 07s$39.6M$79.9M100x
ShortRISEx XRP/USDC1.55790.0761get 0.0095% / 1h47m 07s$508K$632K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$138.82
Price spread: −0.061% → +0.037%
−$9.8
Slippage, 4 orders
−$4.1
Fee Aster: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$110.92
Costs to cover
0.181%
Break-even
1.4 days
Slippage from Aster: live order book, 2 min ago; RISEx: live order book, 31 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, 2 min ago0.64 bp4.6 bp −$55.0 bp −$5012.8 bp −$1,282doesn't fit
Sell RISEx live order book, 31 min ago1.00 bp4.0 bp −$49.0 bp −$90doesn't fitdoesn't fit

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
Hotstuff XRP-PERP−0.0080%1h1.5571−0.109%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5574−0.090%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5650+0.398%$70K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5567−0.135%$260K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0106%1h1.5568−0.127%$856K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0007%1h1.5576−0.077%$9.7M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5584−0.026%$15.6M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5570−0.115%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.180%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5584−0.027%$3.0M$12.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5586−0.013%$444K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5571−0.112%$1.1M$5.4M20xas long as short
Aster XRPUSDTlong+0.0100%8h1.5588long leg$39.6M$79.9M100x
Pacifica XRP+0.0100%1h1.5579−0.060%$641K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5584−0.027%$558.0M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.55880.000%$346.5M$912.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5586−0.013%$127.2M$890.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5568−0.128%$582K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5572−0.103%$117K$752K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.289%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5587−0.006%$372.5M$143.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5593+0.032%$301.0M$866.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5581−0.044%$113.4M$162.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5591+0.019%$272.7M$369.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5582−0.039%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5634+0.292%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5593+0.031%$677K$103.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5605+0.109%$1.1M$40.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5640+0.334%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5569−0.123%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5570−0.115%$48K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5571−0.109%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5573−0.094%$838K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5578−0.065%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5579−0.058%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5567−0.138%$51.1M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5580−0.051%$55.4M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5570−0.117%$485K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5574−0.090%$13K$266K20xas long as short
Extended XRP-USD+0.0104%1h1.5570−0.118%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5575−0.087%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5571−0.109%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5562−0.169%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5585−0.019%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.55880.000%$5.9M$47.7M50xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5580−0.048%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5568−0.128%$1.9M$33.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0378%1h1.5597+0.058%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0613%1h1.5610+0.141%$297.4M$208.7M20xas long as short
RISEx XRP/USDCshort+0.0761%1h1.5579−0.061%$508K$632K10x
Aftermath Perps XRPUSD+0.0831%1h1.5606+0.115%$1K$11K10xas long as short