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+0.0045%/8h= +4.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.006%
Price spread now: Aster against Orderly+0.109%7-day average +0.017% · you sell dearer than you buy
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+0.012%+$1 on $10k
Price spread, last 3 days (all we have)+0.078%+$8 · spread now +0.109%, 7d avg +0.017%
Together, before fees+0.090%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.092% dearer against Orderly than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.56280.0055pay 0.0055% / 8h55m 46s$77K$909K50x
ShortAster XRPUSDT1.56450.0100get 0.0100% / 8h55m 46s$39.7M$79.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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
$9.4
Price spread: +0.109% → +0.017%
$9.2
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
$4.59
Costs to cover
0.140%
Break-even
3.6 days
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Aster live order book, 3 min ago0.64 bp4.6 bp −$55.9 bp −$5913.8 bp −$1,382doesn't fit
Orderly: 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-PERP−0.0080%1h1.5604−0.154%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5606−0.142%$1.1M$113K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0003% / S +0.0109%1h1.5621−0.043%$859K200xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5623−0.030%$261K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0006%1h1.5635+0.045%$9.6M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5636+0.049%$15.7M$68.7M50xas long as short
Orderly PERP_XRP_USDClong+0.0055%8h1.5628long leg$77K$909K50x
Injective XRP/USDC PERP+0.0089%1h1.5560−0.435%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5634+0.035%$3.0M$12.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5638+0.064%$446K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5614−0.086%$1.1M$5.4M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5645+0.109%$39.7M$79.6M100x
Pacifica XRP+0.0100%1h1.5613−0.096%$643K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5645+0.106%$562.4M$2.00B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5647+0.122%$349.0M$908.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5647+0.122%$128.1M$891.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5593−0.224%$580K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5614−0.090%$119K$748K20xas long as short
Gate XRP_USDT+0.0100%8h1.5643+0.096%$375.4M$142.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5642+0.090%$308.1M$857.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5644+0.100%$114.3M$161.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5649+0.134%$273.7M$368.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5645+0.109%$120.1Mas long as short
Variational Omni XRP+0.0100%8h1.5530−0.624%$11.6M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5558−0.449%$679K$102.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5558−0.446%$1.1M$41.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5549−0.506%$1.0M$884K50xas long as short
Vest XRP-PERP+0.0100%1h1.5606−0.140%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5626−0.013%$46K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5623−0.033%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5630+0.011%$841K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5637+0.058%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5632+0.026%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5631+0.019%$51.3M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5631+0.019%$55.6M$29.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5562−0.425%$1.7M$573K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5610−0.114%$487K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5617−0.070%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5641+0.082%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5632+0.026%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5618−0.064%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5624−0.023%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5596−0.205%$24.5M$74.3M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5642+0.090%$6.0M$48.0M50xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5591−0.237%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5621−0.045%$2.0M$33.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0390%1h1.5647+0.122%$1.7M$1.0M25xas long as short
Phoenix XRP+0.0516%1h1.5530−0.627%$69K$89K15xas long as short
Hyperliquid XRP+0.0616%1h1.5666+0.243%$296.0M$208.4M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5623−0.035%$509K$632K10xas long as short
Aftermath Perps XRPUSD+0.0771%1h1.5569−0.377%$1K$11K10xas long as short