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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against HTX+0.103%53s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 3 days (all we have)+0.058%+$6 · spread now +0.103%, 7d avg +0.054%
Together, before fees−0.043%+ Points / potential airdropAster: Stage 5 · farm board−$4 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 0.049% dearer against HTX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.054%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.53490.0100pay 0.0100% / 8h23m 27s$50.4M$15.5M75x
ShortAster XRPUSDT1.53650.0100get 0.0100% / 8h23m 27s$39.1M$81.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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: +0.103% → +0.054%
$4.91
Slippage, 4 orders
−$8.43
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$23.52
Costs to cover
0.284%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; Aster: live order book, 6 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 HTX live order book, 1 min ago0.03 bp11.0 bp −$1114.5 bp −$14548.9 bp −$4,890136.0 bp −$68.0K
Sell Aster live order book, 6 min ago0.65 bp4.7 bp −$56.0 bp −$6013.7 bp −$1,375doesn'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%1h1.5361+0.080%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5364+0.101%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5380+0.204%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5361+0.083%$266K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0097%1h1.5360+0.074%$830K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5357+0.054%$9.4M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5358+0.058%$15.0M$69.7M50xas long as short
Orderly PERP_XRP_USDC+0.0058%8h1.5367+0.119%$75K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.377%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5356+0.047%$2.9M$13.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5356+0.048%$438K$3.2M20xas long as short
Nado XRP-PERP+0.0100%1h1.5356+0.047%$1.1M$5.5M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5365+0.103%$39.1M$81.3M100x
Pacifica XRP+0.0100%1h1.5363+0.093%$632K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5365+0.108%$547.2M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5367+0.119%$341.7M$923.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5364+0.100%$125.2M$880.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5345−0.024%$573K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5364+0.100%$117K$758K20xas long as short
Bulk XRP-USD+0.0100%1h1.5410+0.399%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5363+0.093%$361.3M$147.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5366+0.113%$293.0M$885.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5361+0.079%$110.1M$165.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5363+0.093%$267.3M$374.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5365+0.106%$121.7Mas long as short
Variational Omni XRP+0.0100%8h1.5385+0.235%$11.4M$30.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5367+0.119%$667K$104.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5403+0.353%$1.1M$40.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5357+0.054%$1.0M$900K50xas long as short
Vest XRP-PERP+0.0100%1h1.5363+0.091%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5365+0.106%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5364+0.101%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5362+0.084%$827K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5369+0.134%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5356+0.048%$30K$1.8M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5349long leg$50.4M$15.5M75x
Phemex XRPUSDT+0.0100%8h1.5362+0.087%$54.7M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5362+0.087%$479K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5363+0.093%$12K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5355+0.044%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5355+0.039%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5363+0.093%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5363+0.096%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5370+0.139%$24.3M$74.6M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5366+0.113%$5.8M$47.1M50xas long as short
Backpack XRP_USDC_PERP+0.0258%1h1.5366+0.113%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5364+0.102%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0306%8h1.5367+0.119%$2.0M$34.4M2.9xas long as short
Hyperliquid XRP+0.0590%1h1.5381+0.210%$292.5M$212.5M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5370+0.141%$500K$637K10xas long as short
Aftermath Perps XRPUSD+0.0787%1h1.5398+0.319%$1K$11K10xas long as short