Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

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 0.000%

Price spread now: Binance against Aster+0.073%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$200.198% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.069%−$7 · spread now +0.073%, 7d avg −0.003%

Together, before fees−0.080%+ Points / potential airdropAster: Stage 5 · farm board−$8 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: Binance is 0.076% dearer against Aster than usual: you sell high and buy low, +$8 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	Aster XRPUSDT	1.5112	0.0100	pay 0.0100% / 8h	5h 59m	$38.3M	$83.2M	100x
Short	Binance XRPUSDT	1.5123	0.0100	get 0.0100% / 8h	5h 59m	$535.9M	$2.09B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → −0.003%: $7.62
Slippage, 4 orders: −$1.84
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$12.22
Costs to cover: 0.198%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Binance: live order book, 15 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 Aster live order book, 5 min ago	0.33 bp	4.9 bp −$5	5.3 bp −$53	13.3 bp −$1,326	doesn't fit
Sell Binance live order book, 15 min ago	0.33 bp	5.3 bp −$5	6.4 bp −$64	12.4 bp −$1,241	28.4 bp −$14.2K

XRP on 50 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	1.5118	+0.037%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5117	+0.029%	$1.1M	$110K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5140	+0.183%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5112	−0.003%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0024% / S +0.0052%	1h	1.5111	−0.007%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.962%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0074%	8h	1.5118	+0.037%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5113	+0.004%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5125	+0.084%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5126	+0.090%	$508K	$3.2M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5107	−0.036%	$9K	$305K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5111	−0.006%	$965K	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5131	+0.123%	$279.7M	$220.1M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5112	long leg	$38.3M	$83.2M	100x
Pacifica XRP	+0.0100%	1h	1.5123	+0.070%	$607K	$1.1M	20x	as long as short
Binance XRPUSDTshort	+0.0100%	8h	1.5123	+0.073%	$535.9M	$2.09B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5123	+0.070%	$341.2M	$924.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5126	+0.090%	$124.5M	$862.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5118	+0.037%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5121	+0.057%	$114K	$694K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5144	+0.209%	$1.6M	$214K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5123	+0.070%	$367.3M	$149.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5124	+0.077%	$292.5M	$889.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5120	+0.052%	$106.5M	$170.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5119	+0.044%	$266.8M	$379.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5126	+0.090%	—	$126.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5125	+0.083%	$6.2M	$35.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5125	+0.086%	$657K	$109.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5132	+0.128%	$1.1M	$36.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5131	+0.123%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5115	+0.014%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5112	−0.002%	$42K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5112	−0.002%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5121	+0.057%	$814K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5124	+0.077%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5119	+0.044%	$31K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5106	−0.043%	$49.5M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5125	+0.084%	$53.9M	$29.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5115	+0.017%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5115	+0.017%	$2.0M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5116	+0.027%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0147%	1h	1.5123	+0.070%	$7.7M	$25.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5108	−0.028%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5124	+0.077%	$5.7M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0267%	1h	1.5132	+0.130%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5120	+0.048%	$14.5M	$72.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5108	−0.028%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0358%	8h	1.5129	+0.110%	$2.1M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5118	+0.035%	$526K	$787K	10x	as long as short
Aftermath Perps XRPUSD	+0.0759%	1h	1.5129	+0.110%	$2K	$14K	10x	as long as short