Funding you earn now, next payment 09:00 UTC−0.0270%/8h= −29.6% APRpaid last 24h +0.015%
Price spread now: Kraken Futures against Aster+0.051%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 4 days (all we have)−0.768%−$77 · spread now +0.051%, 7d avg −0.007%
=Together, before fees−0.663%+ Points / potential airdropAster: Stage 5 · farm board−$66 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.058% dearer against Aster than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of −0.007%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XRPUSDT | 1.5320 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $38.8M | $83.2M | 100x |
| Short | Kraken Futures PF_XRPUSD | 1.5328 | −0.0170 | pay 0.0021% / 1h | 17m 39s | $13.9M | $75.0M | 50x |
Aster XRPUSDT
Kraken Futures PF_XRPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- −$56.71
- Price spread: +0.051% → −0.007%
- $5.82
- Slippage, 4 orders
- −$10.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$79.22
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Kraken Futures: live order book, 1 min ago.
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 Aster live order book, 1 min ago | 0.65 bp | 5.6 bp −$6 | 6.5 bp −$65 | 27.6 bp −$2,756 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 0.33 bp | 8.7 bp −$9 | 12.0 bp −$120 | 21.1 bp −$2,109 | 46.6 bp −$23.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSDshort | −0.0170% | 1h | 1.5328 | +0.051% | $13.9M | $75.0M | 50x | |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5314 | −0.041% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5280 | −0.263% | $69K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5322 | +0.013% | $249K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0007% | 1h | 1.5308 | −0.081% | $1.1M | $123K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0011% | 1h | 1.5334 | +0.090% | $7.8M | $22.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.565% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5320 | −0.002% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5289 | −0.204% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5312 | −0.051% | $2.8M | $14.7M | 20x | as long as short |
Hotstuff XRP-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5316 | −0.028% | $622K | $3.1M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5313 | −0.047% | $20K | $379K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5307 | −0.090% | $1.0M | $6.1M | 20x | as long as short |
| Aster XRPUSDTlong | +0.0100% | 8h | 1.5320 | long leg | $38.8M | $83.2M | 100x | |
| Pacifica XRP | +0.0100% | 1h | 1.5317 | −0.021% | $616K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5318 | −0.014% | $534.0M | $2.13B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5314 | −0.041% | $357.0M | $917.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5310 | −0.067% | $127.1M | $839.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5302 | −0.119% | $561K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5327 | +0.044% | $145K | $697K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5316 | −0.029% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5321 | +0.005% | $376.0M | $155.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5317 | −0.021% | $317.9M | $925.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5323 | +0.018% | $107.8M | $180.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5318 | −0.015% | $271.3M | $367.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5314 | −0.041% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5309 | −0.072% | $4.8M | $38.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5290 | −0.197% | $664K | $113.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5305 | −0.097% | $1.1M | $33.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5296 | −0.158% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5318 | −0.015% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5315 | −0.034% | $52K | $504K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5325 | +0.031% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5331 | +0.070% | $78K | $646K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5150 | −1.114% | $815K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5321 | +0.008% | $129K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5329 | +0.057% | $30K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5330 | +0.064% | $50.0M | $14.0M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5324 | +0.024% | $54.5M | $33.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5325 | +0.033% | $478K | $53K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5315 | −0.033% | $2.1M | $6.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5328 | +0.051% | $59K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0132% / S −0.0093% | 1h | 1.5324 | +0.025% | $784K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5330 | +0.064% | $5.4M | $47.0M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0170% | 8h | 1.5318 | −0.015% | $1.7M | $32.9M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0177% | 1h | 1.5324 | +0.024% | $293.0M | $264.7M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0215% | 1h | 1.5335 | +0.096% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5298 | −0.145% | $23.8M | $77.8M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5320 | −0.005% | $1.4M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5325 | +0.030% | $525K | $784K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0522% | 1h | 1.5262 | −0.381% | $3K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD