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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Aster against edgeX+0.120%90s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$9 on $10k
Price spread, last 7 days−0.067%−$7 · spread now +0.120%, 7d avg +0.035%
Together, before fees+0.018%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$2 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 0.085% dearer against edgeX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.035%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.52820.0100pay 0.0050% / 4h1h 07m$664K$106.8M30x
ShortAster XRPUSDT1.53000.0100get 0.0100% / 8h5h 07m$38.9M$79.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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: +0.120% → +0.035%
$8.47
Slippage, 4 orders
−$3.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$12.46
Costs to cover
0.209%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; Aster: live order book, 4 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 edgeX live order book, 4 min ago1.31 bp5.8 bp −$65.8 bp −$588.7 bp −$867doesn't fit
Sell Aster live order book, 4 min ago0.65 bp4.7 bp −$55.4 bp −$5414.8 bp −$1,479doesn't fit

XRP on 50 exchanges

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%1h1.5395+0.741%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5302+0.135%$13.8M$69.3M50xas long as short
dYdX XRP-USD0.0000%1h1.5299+0.112%$1.1M$154K10xas long as short
01 Exchange XRPUSD0.0000%1h1.5294+0.080%$9K$98710xas long as short
Phoenix XRP0.0000%1h1.5290+0.054%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5302+0.133%$7.6M$20.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5296+0.095%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.821%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5283+0.008%$17K$70K7xas long as short
Lighter XRP+0.0096%1h1.5301+0.126%$2.7M$14.2M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5305+0.152%$598K$3.2M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5303+0.138%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5285+0.021%$10K$410K20xas long as short
Nado XRP-PERP+0.0100%1h1.5296+0.097%$839K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5311+0.192%$296.7M$263.9M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5300+0.120%$38.9M$79.8M100x
Pacifica XRP+0.0100%1h1.5301+0.128%$588K$987K20xas long as short
Binance XRPUSDT+0.0100%8h1.5302+0.133%$532.1M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5300+0.120%$360.7M$860.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5303+0.139%$124.3M$822.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5267−0.096%$561K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5298+0.106%$163K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5282+0.003%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5298+0.106%$376.9M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5299+0.113%$311.7M$907.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5299+0.112%$104.8M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5302+0.133%$271.0M$350.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5297+0.100%$98.0Mas long as short
Variational Omni XRP+0.0100%8h1.5273−0.060%$4.9M$38.0Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5282long leg$664K$106.8M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5278−0.025%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5282+0.002%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5296+0.096%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5295+0.087%$52K$470K20xas long as short
Bullet XRP-USD+0.0100%1h1.5296+0.097%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5299+0.113%$83K$601K50xas long as short
SunX XRP-USDT+0.0100%8h1.5303+0.138%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5299+0.113%$32K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5290+0.055%$49.8M$13.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5298+0.106%$54.6M$33.1M50xas long as short
Extended XRP-USD+0.0104%1h1.5298+0.104%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5295+0.086%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5300+0.120%$5.5M$42.6M50xas long as short
Kalshi KXXRPPERP+0.0117%8h1.5303+0.139%$1.9M$35.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0150%1h1.5308+0.172%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5289+0.048%$23.7M$77.4M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5295+0.084%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5303+0.139%$505K$723K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0241% / S −0.0459%1h1.5279−0.018%$883K200xas long as short
Aftermath Perps XRPUSD+0.0364%1h1.5291+0.062%$3K$13K10xas long as short