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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0205%/8h= −22.5% APRpaid last 24h −0.119%
Price spread now: Aster against RISEx−0.097%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$190.185% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.336%−$34 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.097%, 7d avg −0.037%
Together, before fees−0.283%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.060% cheaper against RISEx than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.51070.0305pay 0.0038% / 1h46m 56s$515K$777K10x
ShortAster XRPUSDT1.50920.0100get 0.0100% / 8h2h 46m$38.7M$86.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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
−$43.08
Price spread: −0.097% → −0.037%
−$6.01
Slippage, 4 orders
−$4.52
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$67.61
Costs to cover
0.185%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; Aster: live order book, 2 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 RISEx live order book, 2 min ago1.82 bp4.8 bp −$58.9 bp −$89doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago0.33 bp4.3 bp −$45.0 bp −$5014.0 bp −$1,400doesn'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%1h1.5113+0.042%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5096−0.071%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.51070.000%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5130+0.155%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5096−0.070%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5093−0.090%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.001%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5104−0.017%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5092−0.096%$792K200xas long as short
Lighter XRP+0.0096%1h1.5092−0.097%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5098−0.057%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5097−0.064%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5103−0.020%$938K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5100−0.044%$290.3M$258.1M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5092−0.097%$38.7M$86.5M100x
Pacifica XRP+0.0100%1h1.5110+0.021%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5087−0.130%$530.8M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5089−0.116%$341.5M$950.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5092−0.097%$125.3M$887.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5111+0.029%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5108+0.009%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114+0.048%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5088−0.123%$371.6M$155.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5087−0.130%$294.6M$905.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5088−0.122%$107.6M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5088−0.123%$267.6M$393.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5085−0.143%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5128+0.141%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5105−0.009%$656K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.161%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124+0.115%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5103−0.026%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5099−0.050%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5094−0.085%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5094−0.083%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5093−0.093%$812K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5111+0.032%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5092−0.097%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5093−0.087%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5092−0.097%$53.8M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5104−0.020%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5084−0.148%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5091−0.100%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0146%8h1.5100−0.044%$1.8M$35.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5098−0.057%$5.6M$48.2M50xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5098−0.057%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5095−0.075%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5097−0.064%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5123+0.105%$17K$82K7xas long as short
RISEx XRP/USDClong+0.0305%1h1.5107long leg$515K$777K10x
Aftermath Perps XRPUSD+0.0621%1h1.5116+0.065%$2K$15K10xas long as short