Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

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 KuCoin+0.040%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.040%, 7d avg −0.003%

Together, before fees−0.040%+ 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 0.043% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XRPUSDTM	1.5571	0.0100	pay 0.0100% / 8h	1h 23m	$113.7M	$159.0M	75x
Short	Aster XRPUSDT	1.5577	0.0100	get 0.0100% / 8h	1h 23m	$39.6M	$78.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → −0.003%: $4.29
Slippage, 4 orders: −$9.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$25.58
Costs to cover: 0.299%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 5 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 KuCoin live order book, 5 min ago	0.58 bp	10.0 bp −$10	11.4 bp −$114	28.7 bp −$2,873	doesn't fit
Sell Aster live order book, 5 min ago	0.64 bp	4.6 bp −$5	5.3 bp −$53	12.0 bp −$1,199	doesn't fit

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
Hotstuff XRP-PERP	−0.0080%	1h	1.5536	−0.223%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5565	−0.036%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5583	+0.079%	$261K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0007%	1h	1.5587	+0.105%	$9.6M	$25.3M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.803%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5583	+0.077%	$15.5M	$68.8M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0053% / S +0.0121%	1h	1.5583	+0.082%	$1.1M	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5581	+0.066%	$79K	$946K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5583	+0.077%	$3.0M	$12.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5582	+0.073%	$441K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5570	−0.008%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDTshort	+0.0100%	8h	1.5577	+0.040%	$39.6M	$78.4M	100x
Pacifica XRP	+0.0100%	1h	1.5574	+0.022%	$641K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5564	−0.043%	$559.8M	$1.97B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5565	−0.037%	$348.1M	$895.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5562	−0.056%	$127.8M	$880.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5528	−0.274%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5576	+0.034%	$119K	$740K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5571	+0.002%	$374.5M	$140.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5573	+0.015%	$296.9M	$853.5M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5571	long leg	$113.7M	$159.0M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5565	−0.037%	$271.6M	$363.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5569	−0.011%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5537	−0.219%	$11.7M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5495	−0.484%	$675K	$101.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5534	−0.237%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5504	−0.428%	$1.0M	$882K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5579	+0.053%	$46K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5585	+0.093%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5585	+0.090%	$839K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5582	+0.070%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5584	+0.085%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5577	+0.042%	$51.2M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5574	+0.021%	$55.4M	$29.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5477	−0.604%	$1.7M	$578K	20x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5566	−0.029%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5574	+0.022%	$486K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5566	−0.030%	$12K	$259K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5575	+0.024%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5580	+0.059%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5576	+0.034%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	1.5552	−0.119%	$18K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5575	+0.025%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5587	+0.105%	$5.8M	$47.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5554	−0.107%	$24.6M	$73.7M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0287%	1h	1.5580	+0.060%	$1.8M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0322%	8h	1.5586	+0.098%	$1.9M	$32.8M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5480	−0.583%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5582	+0.072%	$511K	$629K	10x	as long as short
Hyperliquid XRP	+0.0600%	1h	1.5581	+0.066%	$291.7M	$202.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0733%	1h	1.5548	−0.144%	$1K	$11K	10x	as long as short