Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Aster against Derive−0.006%7-day average +0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 3 days (all we have)+0.122%+$12 · spread now −0.006%, 7d avg +0.008%
Together, before fees+0.026%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XRP-PERP1.51580.0100pay 0.0013% / 1h30m 52s$816K$76K10x
ShortAster XRPUSDT1.51570.0100get 0.0100% / 8h6h 30m$38.6M$84.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Derive. 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
$0
Price spread: −0.006% → +0.008%
−$1.44
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$15.44
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Aster: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample
Sell Aster live order book, 3 min ago0.99 bp5.0 bp −$56.0 bp −$6014.1 bp −$1,414doesn't fit
Derive: 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 50 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%1h1.5159+0.007%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5149−0.061%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.014%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5151−0.048%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0019% / S +0.0061%1h1.5151−0.047%$802K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.653%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5150−0.051%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0071%8h1.5156−0.013%$62K$953K50xas long as short
Lighter XRP+0.0096%1h1.5153−0.032%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5156−0.013%$517K$3.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5142−0.105%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5154−0.022%$846K$5.9M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5157−0.006%$38.6M$84.2M100x
Pacifica XRP+0.0100%1h1.5154−0.026%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5159+0.005%$539.2M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5160+0.014%$341.3M$940.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5162+0.027%$124.4M$872.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5136−0.144%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5152−0.039%$115K$720K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101−0.375%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5156−0.013%$368.2M$151.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5157−0.006%$290.0M$910.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5159+0.008%$107.1M$171.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5158+0.001%$266.2M$383.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5153−0.032%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5152−0.038%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5130−0.181%$657K$109.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5144−0.089%$1.1M$38.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147−0.072%$1.2M$1.0M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5157−0.006%$44K$447K20xas long as short
Bullet XRP-USD+0.0100%1h1.5157−0.008%$41K$69K20xas long as short
Derive XRP-PERPlong+0.0100%1h1.5158long leg$816K$76K10x
SunX XRP-USDT+0.0100%8h1.5159+0.007%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5152−0.039%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5156−0.013%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5153−0.032%$53.9M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5150−0.054%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5157−0.005%$12K10xas long as short
Extended XRP-USD+0.0104%1h1.5154−0.028%$2.1M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5153−0.032%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5154−0.026%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0212%1h1.5158+0.001%$7.7M$25.3M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5155−0.017%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5156−0.013%$5.7M$46.7M50xas long as short
Hyperliquid XRP+0.0216%1h1.5164+0.040%$281.1M$222.4M20xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5162+0.029%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0350%8h1.5161+0.020%$2.1M$36.0M2.9xas long as short
Backpack XRP_USDC_PERP+0.0358%1h1.5164+0.040%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5157−0.003%$537K$783K10xas long as short
Aftermath Perps XRPUSD+0.0774%1h1.5139−0.124%$2K$14K10xas long as short