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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Ondo Perps−0.368%57s7-day average +0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.535%+$54 · spread now −0.368%, 7d avg +0.063%
Together, before fees+0.568%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board+$57 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 0.431% cheaper against Ondo Perps than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of +0.063%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.52240.0100pay 0.0013% / 1h36m 46s$567K$33K5x
ShortAster XRPUSDT1.51680.0100get 0.0100% / 8h36m 46s$38.4M$86.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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: −0.368% → +0.063%
−$43.09
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$56.09
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Aster live order book, 2 min ago0.66 bp4.7 bp −$55.8 bp −$5816.3 bp −$1,635doesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5190−0.223%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5171−0.345%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5174−0.328%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5172−0.342%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.207%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5168−0.369%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5172−0.339%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5169−0.361%$603K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5172−0.342%$17K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5176−0.314%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDTshort+0.0100%8h1.5168−0.368%$38.4M$86.9M100x
Pacifica XRP+0.0100%1h1.5169−0.360%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5165−0.388%$531.2M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5162−0.407%$349.3M$956.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5165−0.388%$127.9M$868.1M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5224long leg$567K$33K5x
Arcus XRP-USD+0.0100%1h1.5187−0.243%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190−0.223%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5171−0.348%$378.2M$160.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5172−0.342%$313.4M$921.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5175−0.322%$106.2M$183.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5166−0.381%$268.0M$391.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5164−0.394%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.010%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5205−0.124%$660K$113.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5210−0.092%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.099%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5187−0.246%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5178−0.302%$51K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5177−0.311%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5174−0.328%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5186−0.248%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5183−0.267%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5168−0.368%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5166−0.383%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5169−0.361%$54.2M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5194−0.194%$474K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0061%1h1.5174−0.329%$783K200xas long as short
Extended XRP-USD+0.0104%1h1.5171−0.345%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5175−0.322%$8K$2K10xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5194−0.200%$17K$78K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5169−0.360%$58K$25K3xas long as short
Hyperliquid XRP+0.0131%1h1.5183−0.269%$289.6M$267.7M20xas long as short
Backpack XRP_USDC_PERP+0.0151%1h1.5186−0.250%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5176−0.315%$5.6M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0195%8h1.5187−0.243%$1.8M$34.5M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5175−0.321%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5169−0.361%$23.5M$77.6M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5183−0.267%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5230+0.039%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0645%1h1.5216−0.052%$2K$16K10xas long as short