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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0205%/8h= −22.5% APRpaid last 24h −0.119%
Price spread now: Aster against RISEx−0.078%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.190% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.336%−$34 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.078%, 7d avg −0.037%
Together, before fees−0.302%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.041% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.50790.0305pay 0.0038% / 1h36m 16s$514K$777K10x
ShortAster XRPUSDT1.50670.0100get 0.0100% / 8h2h 36m$38.4M$86.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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
−$43.08
Price spread: −0.078% → −0.037%
−$4.12
Slippage, 4 orders
−$4.97
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$66.17
Costs to cover
0.190%
Break-even
never at this rate
Slippage from RISEx: live order book, 12 min ago; Aster: live order book, 3 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 RISEx live order book, 12 min ago1.82 bp4.8 bp −$58.9 bp −$89doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago0.67 bp4.7 bp −$55.0 bp −$5012.7 bp −$1,267doesn'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%1h1.5070−0.058%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5070−0.061%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5069−0.064%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5050−0.191%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5069−0.065%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5068−0.074%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.192%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5067−0.080%$789K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5078−0.005%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5075−0.027%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5078−0.005%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5066−0.085%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5075−0.027%$905K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5077−0.012%$289.2M$258.5M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5067−0.078%$38.4M$86.6M100x
Pacifica XRP+0.0100%1h1.5077−0.015%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5067−0.078%$529.7M$2.19B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5068−0.071%$342.3M$957.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5067−0.078%$124.6M$891.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.284%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5080+0.008%$136K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057−0.145%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5068−0.071%$371.0M$157.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5068−0.071%$289.7M$910.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5068−0.071%$106.6M$180.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5065−0.091%$266.5M$396.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5070−0.058%$105.6Mas long as short
Variational Omni XRP+0.0100%8h1.5042−0.244%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5018−0.405%$653K$111.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5041−0.248%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5016−0.416%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5069−0.064%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5078−0.005%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5065−0.090%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5066−0.085%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5064−0.098%$811K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5070−0.055%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5066−0.085%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5065−0.093%$49.2M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5076−0.018%$53.7M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5082+0.018%$470K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5063−0.107%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5063−0.104%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0117%8h1.5069−0.065%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0167%1h1.5077−0.012%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5076−0.018%$5.6M$48.4M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5065−0.091%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5064−0.095%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5064−0.098%$23.5M$76.1M125xas long as short
RISEx XRP/USDClong+0.0305%1h1.5079long leg$514K$777K10x
Aftermath Perps XRPUSD+0.0605%1h1.5066−0.084%$2K$15K10xas long as short