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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.087%
Price spread now: Aster against Hyperliquid−0.100%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.195%−$20 on $10k
Price spread, last 7 days+0.062%+$6 · spread now −0.100%, 7d avg −0.041%
Together, before fees−0.133%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$13 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 0.059% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XRP1.50340.0100pay 0.0013% / 1h31m 50s$288.1M$259.2M20x
ShortAster XRPUSDT1.50190.0100get 0.0100% / 8h2h 31m$38.3M$86.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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: −0.100% → −0.041%
−$5.92
Slippage, 4 orders
−$2.32
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$25.24
Costs to cover
0.193%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 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 Hyperliquid live order book, 12 min ago0.33 bp4.8 bp −$55.8 bp −$5810.9 bp −$1,090doesn't fit
Sell Aster live order book, 2 min ago0.67 bp4.7 bp −$54.7 bp −$4715.1 bp −$1,506doesn'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%1h1.5013−0.140%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5017−0.111%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5028−0.038%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.239%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5020−0.093%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5024−0.065%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.499%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5024−0.069%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5037+0.020%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5020−0.093%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5024−0.067%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5032−0.013%$12K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5025−0.057%$916K$6.3M20xas long as short
Hyperliquid XRPlong+0.0100%1h1.5034long leg$288.1M$259.2M20x
Aster XRPUSDTshort+0.0100%8h1.5019−0.100%$38.3M$86.8M100x
Pacifica XRP+0.0100%1h1.5038+0.024%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5020−0.093%$526.5M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5020−0.093%$341.2M$959.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5016−0.120%$124.5M$889.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5033−0.007%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5040+0.040%$144K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027−0.047%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.5021−0.086%$368.2M$157.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5020−0.093%$285.7M$913.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5023−0.076%$106.4M$180.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5013−0.140%$264.9M$396.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5019−0.100%$105.9Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.221%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5074+0.266%$655K$112.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.219%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5081+0.313%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5027−0.048%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5036+0.013%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5024−0.067%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5023−0.073%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5020−0.094%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5031−0.017%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5019−0.100%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5015−0.128%$49.1M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5023−0.073%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5041+0.043%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5015−0.123%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5019−0.100%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0131%8h1.50340.000%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0169%1h1.5033−0.007%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5024−0.067%$5.6M$48.3M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5031−0.019%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5020−0.091%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5017−0.113%$23.4M$75.8M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5039+0.037%$513K$777K10xas long as short
Aftermath Perps XRPUSD+0.0604%1h1.5048+0.093%$2K$16K10xas long as short