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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Aster against Orderly+0.072%49s7-day average +0.018% · you sell dearer than you buy
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+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.072%, 7d avg +0.018%
Together, before fees+0.033%+ Points / potential airdropAster: Stage 5 · farm board+$3 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 0.054% dearer against Orderly than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.51980.0100pay 0.0100% / 8h1h 01m$75K$686K50x
ShortAster XRPUSDT1.52090.0100get 0.0100% / 8h1h 01m$38.6M$87.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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: +0.072% → +0.018%
$5.44
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$8.56
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 3 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 Orderly no order-book sample
Sell Aster live order book, 3 min ago0.66 bp4.7 bp −$55.2 bp −$5214.0 bp −$1,400doesn't fit
Orderly: 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%1h1.5227+0.191%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5207+0.062%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5230+0.211%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5200+0.014%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5198+0.001%$14.5M$74.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.382%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5203+0.033%$7.8M$24.4M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0093% / S −0.0049%1h1.5203+0.031%$785K200xas long as short
Lighter XRP+0.0096%1h1.5212+0.090%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5212+0.092%$546K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5203+0.033%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5210+0.082%$1.0M$6.4M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5209+0.072%$38.6M$87.2M100x
Pacifica XRP+0.0100%1h1.5212+0.094%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5207+0.059%$533.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5202+0.026%$348.7M$960.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5201+0.020%$129.6M$883.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5189−0.059%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5217+0.125%$145K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.167%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5208+0.066%$377.7M$162.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5211+0.086%$312.5M$934.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5211+0.086%$108.1M$183.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5207+0.059%$268.9M$395.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5210+0.079%$107.7Mas long as short
Variational Omni XRP+0.0100%8h1.5235+0.242%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5224+0.170%$661K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5219+0.138%$1.1M$35.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5227+0.191%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5218+0.134%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5211+0.086%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5207+0.060%$41K$70K20xas long as short
Orderly PERP_XRP_USDClong+0.0100%8h1.5198long leg$75K$686K50x
Derive XRP-PERP+0.0100%1h1.5224+0.172%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5225+0.175%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5200+0.013%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5219+0.139%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5206+0.053%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5215+0.110%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5205+0.048%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5198−0.001%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5210+0.079%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5221+0.150%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0171%1h1.5212+0.092%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5205+0.046%$5.7M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5217+0.125%$1.8M$34.7M2.9xas long as short
Hyperliquid XRP+0.0219%1h1.5224+0.171%$290.2M$266.7M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5204+0.041%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5227+0.191%$23.7M$78.0M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5224+0.173%$529K$806K10xas long as short
Aftermath Perps XRPUSD+0.0711%1h1.5223+0.165%$2K$16K10xas long as short