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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: Aster against Hotstuff−0.008%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5203−0.0080get 0.0010% / 1h29m 04s$5K$3K20x
ShortAster XRPUSDT1.52020.0100get 0.0100% / 8h4h 29m$38.5M$83.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hotstuff. 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
$37.8
Price spread: −0.008% → 0.000%
−$0.76
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
$24.04
Costs to cover
0.130%
Break-even
2.5 days
Slippage unknown: Hotstuff: no order-book sample; Aster: live order book, 5 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 Hotstuff no order-book sample
Sell Aster live order book, 5 min ago0.66 bp4.7 bp −$55.4 bp −$5413.1 bp −$1,306doesn't fit
Hotstuff: 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 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-PERPlong−0.0080%1h1.5203long leg$5K$3K20x
Kraken Futures PF_XRPUSD−0.0071%1h1.5197−0.039%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5199−0.025%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5170−0.217%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5200−0.020%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5198−0.032%$254K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.348%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0041% / S +0.0027%1h1.5197−0.038%$791K200xas long as short
Orderly PERP_XRP_USDC+0.0083%8h1.5200−0.020%$62K$934K50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5200−0.020%$8K$8K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5194−0.058%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5201−0.013%$499K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5187−0.105%$10K$325K20xas long as short
Nado XRP-PERP+0.0100%1h1.5202−0.006%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5193−0.066%$281.9M$225.8M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5202−0.008%$38.5M$83.2M100x
Pacifica XRP+0.0100%1h1.5202−0.005%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5172−0.203%$534.9M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5174−0.191%$345.2M$932.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5178−0.164%$126.1M$875.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5202−0.007%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5202−0.007%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5115−0.576%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5184−0.125%$370.2M$153.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5186−0.112%$289.7M$899.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5189−0.095%$107.8M$174.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5181−0.145%$268.7M$384.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5189−0.092%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5201−0.014%$5.2M$37.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5199−0.024%$661K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5207+0.026%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5166−0.243%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5204+0.007%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5206+0.020%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.52030.000%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5199−0.028%$818K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5208+0.035%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5199−0.026%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5195−0.053%$49.7M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5195−0.053%$54.2M$30.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5198−0.032%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5196−0.049%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5198−0.034%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0173%1h1.5191−0.079%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0176%1h1.5201−0.010%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5206+0.020%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5203+0.001%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5194−0.059%$24.2M$76.3M125xas long as short
Kalshi KXXRPPERP+0.0312%8h1.5208+0.033%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5202−0.009%$518K$777K10xas long as short
Aftermath Perps XRPUSD+0.0632%1h1.5181−0.144%$2K$15K10xas long as short