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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XRP_USDC | 1.5628 | 0.0055 | pay 0.0055% / 8h | 55m 46s | $77K | $909K | 50x |
| Short | Aster XRPUSDT | 1.5645 | 0.0100 | get 0.0100% / 8h | 55m 46s | $39.7M | $79.6M | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 3 min ago | 0.64 bp | 4.6 bp −$5 | 5.9 bp −$59 | 13.8 bp −$1,382 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5604 | −0.154% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5606 | −0.142% | $1.1M | $113K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0003% / S +0.0109% | 1h | 1.5621 | −0.043% | $859K | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5623 | −0.030% | $261K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0006% | 1h | 1.5635 | +0.045% | $9.6M | $25.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5636 | +0.049% | $15.7M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0055% | 8h | 1.5628 | long leg | $77K | $909K | 50x | |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.435% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5634 | +0.035% | $3.0M | $12.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5638 | +0.064% | $446K | $3.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5614 | −0.086% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDTshort | +0.0100% | 8h | 1.5645 | +0.109% | $39.7M | $79.6M | 100x | |
| Pacifica XRP | +0.0100% | 1h | 1.5613 | −0.096% | $643K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5645 | +0.106% | $562.4M | $2.00B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5647 | +0.122% | $349.0M | $908.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5647 | +0.122% | $128.1M | $891.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5593 | −0.224% | $580K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5614 | −0.090% | $119K | $748K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5643 | +0.096% | $375.4M | $142.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5642 | +0.090% | $308.1M | $857.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5644 | +0.100% | $114.3M | $161.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5649 | +0.134% | $273.7M | $368.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5645 | +0.109% | — | $120.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5530 | −0.624% | $11.6M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5558 | −0.449% | $679K | $102.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5558 | −0.446% | $1.1M | $41.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5549 | −0.506% | $1.0M | $884K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5606 | −0.140% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5626 | −0.013% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5623 | −0.033% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5630 | +0.011% | $841K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5637 | +0.058% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5632 | +0.026% | $31K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5631 | +0.019% | $51.3M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5631 | +0.019% | $55.6M | $29.2M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5562 | −0.425% | $1.7M | $573K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5610 | −0.114% | $487K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5617 | −0.070% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5641 | +0.082% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5632 | +0.026% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0144% | 1h | 1.5618 | −0.064% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5624 | −0.023% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5596 | −0.205% | $24.5M | $74.3M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5642 | +0.090% | $6.0M | $48.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0280% | 1h | 1.5591 | −0.237% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5621 | −0.045% | $2.0M | $33.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0390% | 1h | 1.5647 | +0.122% | $1.7M | $1.0M | 25x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5530 | −0.627% | $69K | $89K | 15x | as long as short |
| Hyperliquid XRP | +0.0616% | 1h | 1.5666 | +0.243% | $296.0M | $208.4M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5623 | −0.035% | $509K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0771% | 1h | 1.5569 | −0.377% | $1K | $11K | 10x | as long as short |
Aster XRPUSDT
GMX XRP/USD [ETH-USDC]
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Phoenix XRP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD