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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Derive against Aster−0.022%7-day average −0.010% · 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+0.096%+$10 on $10k
Price spread, last 3 days (all we have)−0.136%−$14 · spread now −0.022%, 7d avg −0.010%
Together, before fees−0.040%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XRPUSDT1.53840.0100pay 0.0100% / 8h26m 19s$39.2M$81.1M100x
ShortDerive XRP-PERP1.53800.0100get 0.0013% / 1h26m 19s$828K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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

Funding earned
$0
Price spread: −0.022% → −0.010%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Derive: 3 bp × 2 orders
−$6
Net
−$15.19
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 3 min ago; Derive: no order-book sample. 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 Aster live order book, 3 min ago0.65 bp4.6 bp −$54.9 bp −$4910.4 bp −$1,037doesn't fit
Sell Derive no order-book sample
Derive: 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%1h1.5388+0.027%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5384+0.002%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5420+0.235%$69K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5378−0.036%$266K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0098%1h1.5377−0.042%$831K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5381−0.018%$9.4M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5377−0.042%$15.0M$69.6M50xas long as short
Orderly PERP_XRP_USDC+0.0058%8h1.5382−0.012%$76K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.145%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5388+0.025%$3.0M$12.7M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5384+0.001%$438K$3.2M20xas long as short
Nado XRP-PERP+0.0100%1h1.5382−0.014%$1.1M$5.5M20xas long as short
Aster XRPUSDTlong+0.0100%8h1.5384long leg$39.2M$81.1M100x
Pacifica XRP+0.0100%1h1.5388+0.027%$633K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5381−0.016%$547.7M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5380−0.025%$342.4M$922.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5380−0.025%$125.5M$880.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5382−0.012%$573K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5390+0.040%$116K$757K20xas long as short
Bulk XRP-USD+0.0100%1h1.5410+0.170%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5381−0.018%$361.5M$147.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5382−0.012%$294.9M$883.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5383−0.007%$111.7M$164.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5377−0.044%$268.3M$373.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5381−0.018%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5385+0.006%$11.4M$30.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5405+0.137%$669K$104.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5414+0.198%$1.1M$40.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5406+0.144%$1.0M$900K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5385+0.008%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5381−0.017%$41K$68K20xas long as short
Derive XRP-PERPshort+0.0100%1h1.5380−0.022%$828K$81K10x
SunX XRP-USDT+0.0100%8h1.5388+0.029%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5380−0.025%$31K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5379−0.033%$50.5M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5384+0.001%$54.7M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5384−0.002%$480K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5389+0.031%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5386+0.014%$11K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5376−0.052%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5379−0.034%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5387+0.021%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5381−0.020%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5416+0.209%$24.4M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5386+0.014%$5.8M$47.3M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5406+0.147%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0267%1h1.5414+0.196%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0305%8h1.5404+0.131%$2.0M$34.3M2.9xas long as short
Hyperliquid XRP+0.0586%1h1.5401+0.112%$292.9M$212.3M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5397+0.084%$500K$635K10xas long as short
Aftermath Perps XRPUSD+0.0786%1h1.5427+0.282%$1K$11K10xas long as short