Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.018%
Price spread now: Injective against Aster+2.706%107s7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1081.080% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 4 days (all we have)−3.403%−$340 · spread now +2.706%, 7d avg −0.108%
=Together, before fees−3.236%+ Points / potential airdropAster: Stage 5 · farm board−$324 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 2.814% dearer against Aster than usual: you sell high and buy low (spread +2.706% now, against its 7-day average of −0.108%): +$281 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. Mind the row above: over the last 7 days funding on this pair paid +0.167%, so the current rate has only just turned against you. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XRPUSDT | 1.5150 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $38.5M | $87.5M | 100x |
| Short | Injective XRP/USDC PERP | 1.5560 | 0.0033 | get 0.0004% / 1h | 55m 38s | $2K | $107K | 30x |
Aster XRPUSDT
Injective XRP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +2.706% → −0.108%
- $281.44
- Slippage, 4 orders
- −$99.99
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $159.43
- Costs to cover
- 1.080%
- Break-even
- from the start
Slippage from Aster: live order book, 3 min ago; Injective: live order book, 53 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, 3 min ago | 0.66 bp | 5.2 bp −$5 | 5.8 bp −$58 | 13.7 bp −$1,373 | doesn't fit |
| Sell Injective live order book, 53 min ago | 39.63 bp | 58.5 bp −$59 | 72.5 bp −$725 | doesn't fit | doesn't fit |
XRP on 51 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 | 1.5158 | +0.053% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5145 | −0.035% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5160 | +0.066% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5140 | −0.069% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5146 | −0.027% | $7.7M | $25.2M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5136 | −0.093% | $14.4M | $75.1M | 50x | as long as short |
| Injective XRP/USDC PERPshort | +0.0033% | 1h | 1.5560 | +2.706% | $2K | $107K | 30x | |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5146 | −0.027% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0077% / S −0.0023% | 1h | 1.5139 | −0.072% | $798K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5154 | +0.023% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5154 | +0.026% | $546K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5136 | −0.093% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5145 | −0.030% | $999K | $6.4M | 20x | as long as short |
| Aster XRPUSDTlong | +0.0100% | 8h | 1.5150 | long leg | $38.5M | $87.5M | 100x | |
| Pacifica XRP | +0.0100% | 1h | 1.5154 | +0.028% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5147 | −0.020% | $528.4M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5146 | −0.027% | $344.0M | $967.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5153 | +0.020% | $127.0M | $891.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5154 | +0.026% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5150 | 0.000% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5166 | +0.105% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5148 | −0.013% | $375.0M | $157.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5151 | +0.006% | $296.9M | $916.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5154 | +0.026% | $107.3M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5146 | −0.027% | $266.5M | $399.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5147 | −0.020% | — | $106.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5135 | −0.100% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5133 | −0.115% | $659K | $114.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5133 | −0.113% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5156 | +0.039% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5147 | −0.017% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5148 | −0.013% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5140 | −0.067% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5141 | −0.060% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5139 | −0.075% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5141 | −0.059% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5136 | −0.093% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5142 | −0.053% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5139 | −0.073% | $54.0M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5158 | +0.051% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5142 | −0.051% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5141 | −0.057% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5152 | +0.010% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0169% | 1h | 1.5156 | +0.039% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5147 | −0.020% | $5.7M | $48.4M | 50x | as long as short |
| Hyperliquid XRP | +0.0204% | 1h | 1.5165 | +0.099% | $289.2M | $264.6M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0212% | 8h | 1.5146 | −0.027% | $1.7M | $35.4M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5142 | −0.052% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5141 | −0.060% | $23.3M | $77.6M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5150 | +0.003% | $517K | $792K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0572% | 1h | 1.5151 | +0.009% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD