Funding arb · Price arb /

XRP

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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: OKX against Aster+0.052%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.052%, 7d avg −0.007%

Together, before fees−0.008%+ Points / potential airdropAster: Stage 5 · farm board−$1 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: OKX is 0.060% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XRPUSDT	1.5351	0.0100	pay 0.0100% / 8h	7h 26m	$38.8M	$83.3M	100x
Short	OKX XRP-USDT-SWAP	1.5359	0.0100	get 0.0100% / 8h	7h 26m	$125.0M	$868.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → −0.007%: $5.96
Slippage, 4 orders: −$1.85
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$13.89
Costs to cover: 0.199%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; OKX: live order book, 3 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	0.33 bp	4.3 bp −$4	5.0 bp −$50	12.1 bp −$1,209	doesn't fit
Sell OKX live order book, 3 min ago	0.33 bp	5.9 bp −$6	7.4 bp −$74	15.4 bp −$1,544	32.1 bp −$16.0K

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	1.5335	−0.104%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5347	−0.026%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5352	+0.006%	$257K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0015% / S +0.0078%	1h	1.5351	+0.003%	$841K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.362%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5360	+0.059%	$58K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0076%	1h	1.5365	+0.091%	$9.3M	$25.1M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5351	0.000%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5365	+0.094%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5364	+0.085%	$515K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5348	−0.019%	$10K	$279K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5360	+0.058%	$479K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5354	+0.018%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5351	long leg	$38.8M	$83.3M	100x
Pacifica XRP	+0.0100%	1h	1.5350	−0.009%	$621K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5362	+0.072%	$541.9M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5359	+0.052%	$342.4M	$919.0M	100x	as long as short
OKX XRP-USDT-SWAPshort	+0.0100%	8h	1.5359	+0.052%	$125.0M	$868.5M	100x
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	−0.228%	$571K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5352	+0.007%	$118K	$711K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5334	−0.108%	$1.7M	$381K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5352	+0.007%	$374.6M	$149.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5358	+0.046%	$312.2M	$904.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5362	+0.069%	$109.0M	$165.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5357	+0.039%	$268.7M	$374.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5357	+0.039%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5352	+0.006%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5322	−0.189%	$665K	$107.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5334	−0.111%	$1.1M	$38.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5331	−0.130%	$1.2M	$996K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5343	−0.049%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5352	+0.007%	$49K	$441K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5354	+0.020%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5363	+0.077%	$827K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5354	+0.019%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5363	+0.078%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5368	+0.110%	$50.4M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5360	+0.059%	$54.6M	$29.5M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5360	+0.060%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5360	+0.061%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5348	−0.017%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5341	−0.065%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5371	+0.130%	$5.8M	$46.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5364	+0.082%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0296%	1h	1.5369	+0.117%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5359	+0.052%	$2.0M	$34.7M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5337	−0.090%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0394%	1h	1.5363	+0.078%	$289.7M	$215.2M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5340	−0.072%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0804%	1h	1.5338	−0.084%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5354	+0.022%	$507K	$754K	10x	as long as short