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: Aster against Bitget+0.018%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$230.233% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.018%, 7d avg +0.001%

Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XRPUSDT	1.5445	0.0100	pay 0.0100% / 8h	33m 55s	$269.4M	$372.2M	125x
Short	Aster XRPUSDT	1.5448	0.0100	get 0.0100% / 8h	33m 55s	$39.3M	$80.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → +0.001%: $1.73
Slippage, 4 orders: −$3.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.58
Costs to cover: 0.233%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Aster: 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 Bitget live order book, 5 min ago	0.32 bp	6.3 bp −$6	7.6 bp −$76	11.7 bp −$1,174	24.9 bp −$12.5K
Sell Aster live order book, 5 min ago	0.97 bp	5.0 bp −$5	5.1 bp −$51	11.9 bp −$1,192	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	1.5441	−0.026%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5446	+0.007%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5490	+0.291%	$69K	$90K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5448	+0.019%	$9.5M	$25.4M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5444	−0.008%	$267K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0008% / S +0.0101%	1h	1.5442	−0.017%	$849K	—	200x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5446	+0.007%	$15.2M	$69.3M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0057%	8h	1.5444	−0.006%	$76K	$910K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	+0.745%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5449	+0.025%	$3.0M	$12.6M	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	1.5449	+0.026%	$440K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5439	−0.036%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDTshort	+0.0100%	8h	1.5448	+0.018%	$39.3M	$80.7M	100x
Pacifica XRP	+0.0100%	1h	1.5448	+0.021%	$636K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5444	−0.006%	$552.3M	$2.03B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5447	+0.013%	$345.8M	$919.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5446	+0.006%	$126.3M	$882.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5473	+0.181%	$576K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5452	+0.045%	$116K	$756K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5506	+0.394%	$1.7M	$573K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5445	0.000%	$372.6M	$144.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5441	−0.026%	$298.8M	$877.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5447	+0.010%	$111.9M	$164.0M	75x	as long as short
Bitget XRPUSDTlong	+0.0100%	8h	1.5445	long leg	$269.4M	$372.2M	125x
BingX XRP-USDT	+0.0100%	8h	1.5445	0.000%	—	$121.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5470	+0.160%	$11.5M	$30.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5479	+0.218%	$672K	$104.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5470	+0.163%	$1.1M	$40.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5481	+0.233%	$1.0M	$900K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5446	+0.005%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5444	−0.006%	$47K	$455K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5445	0.000%	$41K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5446	+0.006%	$831K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5451	+0.036%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5446	+0.006%	$32K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5442	−0.017%	$50.7M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5446	+0.006%	$54.9M	$29.4M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5449	+0.028%	$482K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5451	+0.039%	$12K	$267K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5444	−0.008%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5442	−0.016%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5454	+0.058%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5444	−0.007%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5451	+0.039%	$24.5M	$74.3M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5451	+0.039%	$5.9M	$47.3M	50x	as long as short
Hibachi XRP/USDT-P	+0.0264%	1h	1.5461	+0.101%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0286%	1h	1.5456	+0.071%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0309%	8h	1.5450	+0.032%	$2.0M	$34.2M	2.9x	as long as short
Hyperliquid XRP	+0.0584%	1h	1.5464	+0.123%	$293.8M	$211.3M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5457	+0.077%	$502K	$633K	10x	as long as short
Aftermath Perps XRPUSD	+0.0800%	1h	1.5497	+0.336%	$1K	$11K	10x	as long as short