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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Pacifica−0.016%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.199% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.016%, 7d avg −0.004%
Together, before fees−0.054%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XRP1.51260.0100pay 0.0013% / 1h1m 30s$607K$1.1M20x
ShortAster XRPUSDT1.51230.0100get 0.0100% / 8h6h 01m$38.4M$83.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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: −0.016% → −0.004%
−$1.17
Slippage, 4 orders
−$3.95
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.12
Costs to cover
0.199%
Break-even
never at this rate
Slippage from Pacifica: live order book, 2 min ago; Aster: live order book, 3 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 Pacifica live order book, 2 min ago0.99 bp5.6 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 3 min ago0.33 bp4.3 bp −$44.7 bp −$4711.3 bp −$1,134doesn't fit

XRP on 50 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%1h1.5134+0.055%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5127+0.012%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.094%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5125−0.005%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0053%1h1.5135+0.059%$799K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.871%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5132+0.044%$14.5M$72.8M50xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5137+0.075%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5124−0.011%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5133+0.048%$509K$3.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5116−0.064%$10K$299K20xas long as short
Nado XRP-PERP+0.0100%1h1.5135+0.065%$975K$6.0M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5123−0.016%$38.4M$83.4M100x
Pacifica XRPlong+0.0100%1h1.5126long leg$607K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5128+0.015%$536.1M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5127+0.008%$341.3M$926.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5126+0.002%$124.5M$863.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5128+0.015%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5126+0.002%$115K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144+0.121%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5126+0.002%$367.9M$153.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5129+0.022%$292.9M$919.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5121−0.029%$106.5M$170.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5122−0.025%$266.8M$379.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5129+0.022%$126.8Mas long as short
Variational Omni XRP+0.0100%8h1.5141+0.100%$6.3M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5146+0.136%$658K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5132+0.040%$1.1M$36.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5159+0.220%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5129+0.022%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5124−0.011%$42K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5129+0.022%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5138+0.079%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5142+0.106%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5135+0.061%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5137+0.073%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5137+0.075%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5127+0.006%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5118−0.052%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5133+0.051%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5123−0.018%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5137+0.075%$7.7M$25.1M50xas long as short
Hyperliquid XRP+0.0156%1h1.5133+0.048%$280.0M$219.9M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5122−0.023%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5142+0.108%$5.7M$46.5M50xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5135+0.062%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0330%1h1.5144+0.121%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0359%8h1.5135+0.061%$2.1M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5126−0.001%$527K$787K10xas long as short
Aftermath Perps XRPUSD+0.0767%1h1.5141+0.098%$2K$14K10xas long as short