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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Bulk−0.146%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$170.175% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 7 days+0.145%+$14 · spread now −0.146%, 7d avg −0.008%
Together, before fees+0.139%+ Points / potential airdropAster: Stage 5 · farm board+$14 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: Aster is 0.137% cheaper against Bulk than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.50270.0100pay 0.0013% / 1h31m 11s$1.6M$4K20x
ShortAster XRPUSDT1.50050.0100get 0.0100% / 8h2h 31m$38.3M$86.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bulk. 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: −0.146% → −0.008%
−$13.73
Slippage, 4 orders
−$2.49
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$31.22
Costs to cover
0.175%
Break-even
never at this rate
Slippage from Bulk: live order book, 3 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 Bulk live order book, 3 min ago0.33 bp3.8 bp −$44.2 bp −$427.5 bp −$75522.0 bp −$11.0K
Sell Aster live order book, 3 min ago0.67 bp4.7 bp −$54.7 bp −$4715.1 bp −$1,506doesn'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%1h1.5013−0.092%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5007−0.129%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5021−0.041%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5030+0.021%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5009−0.119%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5006−0.142%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.548%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5004−0.152%$786K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5022−0.033%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5008−0.127%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5010−0.112%$494K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5012−0.099%$12K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5021−0.043%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5019−0.053%$287.4M$259.5M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5005−0.146%$38.3M$86.8M100x
Pacifica XRP+0.0100%1h1.5021−0.043%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5008−0.126%$526.1M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5008−0.126%$341.2M$959.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5009−0.119%$124.4M$889.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5033+0.041%$559K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5024−0.019%$143K$723K20xas long as short
Bulk XRP-USDlong+0.0100%1h1.5027long leg$1.6M$4K20x
Gate XRP_USDT+0.0100%8h1.5009−0.119%$367.8M$157.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5008−0.126%$285.8M$913.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5007−0.135%$106.2M$180.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5007−0.132%$264.7M$396.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5005−0.146%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.268%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5013−0.091%$652K$112.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5026−0.005%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5014−0.086%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5016−0.070%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5012−0.099%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5006−0.139%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5006−0.139%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5004−0.152%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5019−0.051%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5007−0.132%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5005−0.148%$49.0M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5008−0.126%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5022−0.030%$468K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5003−0.162%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5006−0.139%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0133%8h1.5025−0.013%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0167%1h1.5016−0.073%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5012−0.099%$5.6M$48.2M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5026−0.009%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5006−0.136%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5001−0.172%$23.3M$75.8M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5023−0.026%$512K$777K10xas long as short
Aftermath Perps XRPUSD+0.0604%1h1.5042+0.101%$2K$16K10xas long as short