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

XRP

all XRP markets
SwapBacktest
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 +0.020%
Price spread now: Aster against GRVT−0.086%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$190.194% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days+0.036%+$4 · spread now −0.086%, 7d avg −0.013%
Together, before fees−0.040%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.073% cheaper against GRVT than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XRP_USDT_Perp1.54140.0100pay 0.0100% / 8h27m 21s$1.1M$40.4M20x
ShortAster XRPUSDT1.54010.0100get 0.0100% / 8h27m 21s$39.2M$81.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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: −0.086% → −0.013%
−$7.31
Slippage, 4 orders
−$2.45
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.76
Costs to cover
0.194%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Aster: live order book, 2 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 GRVT live order book, 2 min ago0.32 bp5.3 bp −$56.0 bp −$6038.3 bp −$3,829doesn't fit
Sell Aster live order book, 2 min ago0.65 bp4.7 bp −$56.0 bp −$6013.7 bp −$1,375doesn'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%1h1.5413−0.008%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5403−0.073%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5420+0.037%$69K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5406−0.054%$267K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0098%1h1.5405−0.061%$833K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5410−0.028%$9.5M$25.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5414−0.005%$15.1M$69.6M50xas long as short
Orderly PERP_XRP_USDC+0.0058%8h1.5409−0.034%$76K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+0.945%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5404−0.066%$3.0M$12.7M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5408−0.041%$439K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5395−0.122%$1.1M$5.5M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5401−0.086%$39.2M$81.1M100x
Pacifica XRP+0.0100%1h1.5404−0.068%$634K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5409−0.037%$549.8M$2.03B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5409−0.034%$343.1M$922.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5411−0.021%$125.6M$882.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5382−0.210%$574K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5409−0.034%$116K$757K20xas long as short
Bulk XRP-USD+0.0100%1h1.5410−0.028%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5403−0.073%$362.0M$147.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5403−0.073%$295.5M$882.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5402−0.082%$111.8M$164.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5409−0.034%$269.0M$373.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5406−0.054%$121.2Mas long as short
Variational Omni XRP+0.0100%8h1.5433+0.120%$11.5M$30.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5405−0.061%$669K$104.5M30xas long as short
GRVT XRP_USDT_Perplong+0.0100%8h1.5414long leg$1.1M$40.4M20x
ApeX Omni XRPUSDT+0.0100%1h1.5406−0.054%$1.0M$900K50xas long as short
Vest XRP-PERP+0.0100%1h1.5405−0.060%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5406−0.054%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5404−0.064%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5411−0.019%$830K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5410−0.026%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5416+0.011%$33K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5417+0.018%$50.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5415+0.005%$54.8M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5407−0.049%$480K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5407−0.047%$11K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5398−0.104%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5408−0.039%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5409−0.034%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5402−0.081%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5428+0.089%$24.4M$74.6M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5422+0.050%$5.8M$47.3M50xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5415+0.006%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0269%1h1.5421+0.043%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0305%8h1.5418+0.024%$2.0M$34.3M2.9xas long as short
Hyperliquid XRP+0.0586%1h1.5422+0.050%$293.2M$212.2M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5415+0.005%$501K$634K10xas long as short
Aftermath Perps XRPUSD+0.0788%1h1.5435+0.132%$1K$11K10xas long as short