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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against BloFin−0.032%72s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.209%−$21 on $10k
Price spread, last 3 days (all we have)+0.255%+$26 · spread now −0.032%, 7d avg 0.000%
Together, before fees+0.046%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.032% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.54980.0220pay 0.0220% / 8h1h 10m$24.5M$73.5M125x
ShortAster XRPUSDT1.54930.0100get 0.0100% / 8h1h 10m$39.2M$78.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$25.2
Price spread: −0.032% → 0.000%
−$3.18
Slippage, 4 orders
−$2.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$50.64
Costs to cover
0.223%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; Aster: live order book, 4 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 BloFin live order book, 4 min ago0.32 bp6.3 bp −$67.2 bp −$7212.6 bp −$1,26425.1 bp −$12.5K
Sell Aster live order book, 4 min ago0.32 bp4.3 bp −$44.6 bp −$4612.7 bp −$1,268doesn'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%1h1.54980.000%$7K$2K20xas long as short
GMX XRP/USD [ETH-USDC]L −0.0001% / S +0.0115%1h1.5482−0.104%$847K200xas long as short
dYdX XRP-USD0.0000%1h1.5486−0.078%$1.1M$113K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5484−0.090%$259K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0008%1h1.5487−0.071%$9.5M$25.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.400%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5488−0.066%$15.5M$68.6M50xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5486−0.077%$78K$910K50xas long as short
Lighter XRP+0.0096%1h1.5492−0.037%$3.0M$12.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5494−0.026%$440K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5492−0.035%$1.1M$5.4M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5493−0.032%$39.2M$78.9M100x
Pacifica XRP+0.0100%1h1.5492−0.039%$638K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5490−0.053%$557.6M$1.99B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5489−0.058%$344.1M$902.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5486−0.077%$127.2M$879.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5556+0.374%$578K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5492−0.039%$119K$745K20xas long as short
Bulk XRP-USD+0.0100%1h1.5501+0.022%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.5493−0.032%$372.0M$141.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5495−0.019%$299.6M$865.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5494−0.028%$113.3M$160.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5490−0.052%$270.5M$365.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5486−0.077%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5501+0.022%$11.8M$30.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5525+0.172%$674K$101.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5528+0.194%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5520+0.142%$1.0M$884K50xas long as short
Vest XRP-PERP+0.0100%1h1.5487−0.073%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5486−0.077%$46K$447K20xas long as short
Bullet XRP-USD+0.0100%1h1.5486−0.078%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5486−0.076%$834K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5492−0.036%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5486−0.077%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5489−0.057%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5493−0.032%$55.1M$29.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5487−0.072%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5484−0.090%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5481−0.108%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5483−0.095%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5489−0.058%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5478−0.132%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5494−0.026%$5.9M$47.2M50xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5498long leg$24.5M$73.5M125x
Hibachi XRP/USDT-P+0.0240%1h1.5530+0.205%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0291%1h1.54980.000%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5502+0.026%$1.9M$33.2M2.9xas long as short
Phoenix XRP+0.0516%1h1.5560+0.400%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5497−0.007%$507K$631K10xas long as short
Hyperliquid XRP+0.0585%1h1.5510+0.077%$289.7M$204.7M20xas long as short
Aftermath Perps XRPUSD+0.0767%1h1.5531+0.215%$1K$11K10xas long as short