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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Aster+0.075%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$170.169% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 7 days−0.071%−$7 · spread now +0.075%, 7d avg +0.005%
Together, before fees−0.064%+ Points / potential airdropAster: Stage 5 · farm board−$6 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: Bulk is 0.070% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XRPUSDT1.55550.0100pay 0.0100% / 8h1h 15m$39.5M$78.7M100x
ShortBulk XRP-USD1.55670.0100get 0.0013% / 1h15m 49s$1.7M$578K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Aster. 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: +0.075% → +0.005%
$7.03
Slippage, 4 orders
−$1.93
Fee Aster: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$9.9
Costs to cover
0.169%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; Bulk: 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 Aster live order book, 3 min ago0.64 bp4.6 bp −$55.0 bp −$5010.8 bp −$1,081doesn't fit
Sell Bulk live order book, 3 min ago0.32 bp3.8 bp −$44.1 bp −$419.3 bp −$92621.2 bp −$10.6K

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%1h1.5570+0.096%$7K$2K20xas long as short
GMX XRP/USD [ETH-USDC]L −0.0003% / S +0.0117%1h1.5574+0.120%$852K200xas long as short
dYdX XRP-USD0.0000%1h1.5574+0.125%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5569+0.090%$9.6M$25.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5574+0.119%$261K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.032%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5561+0.037%$15.5M$68.5M50xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5573+0.116%$78K$949K50xas long as short
Lighter XRP+0.0096%1h1.5559+0.027%$3.0M$12.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5563+0.051%$441K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5587+0.209%$1.1M$5.4M20xas long as short
Aster XRPUSDTlong+0.0100%8h1.5555long leg$39.5M$78.7M100x
Pacifica XRP+0.0100%1h1.5582+0.175%$641K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5558+0.019%$559.8M$1.98B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5560+0.032%$346.3M$900.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5559+0.026%$127.5M$881.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5554−0.007%$579K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5593+0.244%$119K$744K20xas long as short
Bulk XRP-USDshort+0.0100%1h1.5567+0.075%$1.7M$578K20x
Gate XRP_USDT+0.0100%8h1.5554−0.007%$373.9M$140.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5554−0.007%$298.7M$860.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5553−0.010%$113.9M$159.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5559+0.026%$271.8M$364.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5560+0.032%$118.8Mas long as short
Variational Omni XRP+0.0100%8h1.5549−0.042%$11.8M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5567+0.076%$676K$102.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5549−0.037%$1.1M$41.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.55550.000%$1.0M$883K50xas long as short
Vest XRP-PERP+0.0100%1h1.5577+0.144%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5587+0.206%$47K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5576+0.135%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5576+0.135%$838K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5573+0.114%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5566+0.071%$33K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5582+0.174%$51.2M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5563+0.051%$55.4M$29.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5579+0.154%$486K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5584+0.186%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5550−0.031%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5573+0.117%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5594+0.251%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5581+0.165%$1.4M$9K15xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5558+0.019%$18K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5570+0.096%$5.8M$47.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5567+0.077%$24.5M$73.6M125xas long as short
Backpack XRP_USDC_PERP+0.0294%1h1.5563+0.051%$1.8M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0325%8h1.5592+0.238%$1.9M$33.1M2.9xas long as short
Phoenix XRP+0.0516%1h1.5550−0.032%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5602+0.300%$511K$630K10xas long as short
Hyperliquid XRP+0.0593%1h1.5577+0.141%$291.2M$204.3M20xas long as short
Aftermath Perps XRPUSD+0.0755%1h1.5570+0.096%$1K$11K10xas long as short