Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Polymarket Perps against Aster+0.029%46s7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as 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−$250.249% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.275%+$28 · spread now +0.029%, 7d avg +0.020%

Together, before fees+0.286%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XRPUSDT	1.5537	0.0100	pay 0.0100% / 8h	1h 13m	$39.4M	$78.7M	100x
Short	Polymarket Perps XRP-USD	1.5542	0.0100	get 0.0013% / 1h	13m 37s	$47K	$446K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.029%Rate

Funding earned: $0
Price spread: +0.029% → +0.020%: $0.92
Slippage, 4 orders: −$8.88
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$23.95
Costs to cover: 0.249%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; Polymarket Perps: live order book, 4 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, 6 min ago	0.64 bp	4.6 bp −$5	5.0 bp −$50	10.8 bp −$1,081	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	2.25 bp	8.1 bp −$8	10.4 bp −$104	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	1.5547	+0.061%	$7K	$2K	20x	as long as short
GMX XRP/USD [ETH-USDC]	L −0.0002% / S +0.0116%	1h	1.5535	−0.013%	$850K	—	200x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5532	−0.035%	$1.1M	$113K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5544	+0.042%	$9.5M	$25.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5537	−0.003%	$260K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.145%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5545	+0.046%	$15.5M	$68.6M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5540	+0.016%	$78K	$947K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5537	−0.002%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5540	+0.016%	$440K	$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
Nado XRP-PERP	+0.0100%	1h	1.5543	+0.039%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDTlong	+0.0100%	8h	1.5537	long leg	$39.4M	$78.7M	100x
Pacifica XRP	+0.0100%	1h	1.5533	−0.028%	$639K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5531	−0.041%	$558.8M	$1.98B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5529	−0.054%	$345.8M	$901.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5528	−0.061%	$127.3M	$881.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5556	+0.119%	$579K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5526	−0.074%	$119K	$745K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5567	+0.188%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5522	−0.099%	$373.2M	$140.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5530	−0.048%	$297.5M	$862.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5531	−0.042%	$113.8M	$160.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5521	−0.106%	$271.3M	$364.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5520	−0.112%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5575	+0.239%	$11.8M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5570	+0.212%	$676K	$102.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5572	+0.220%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5581	+0.280%	$1.0M	$884K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5544	+0.039%	—	$10K	10x	as long as short
Polymarket Perps XRP-USDshort	+0.0100%	1h	1.5542	+0.029%	$47K	$446K	20x
Bullet XRP-USD	+0.0100%	1h	1.5539	+0.010%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5541	+0.024%	$837K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5547	+0.061%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5542	+0.029%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5531	−0.040%	$51.0M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5543	+0.036%	$55.3M	$29.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5541	+0.023%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5526	−0.074%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5521	−0.104%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5539	+0.010%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5530	−0.048%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5538	+0.006%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5549	+0.074%	$5.9M	$47.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5550	+0.081%	$24.4M	$73.6M	125x	as long as short
Hibachi XRP/USDT-P	+0.0224%	1h	1.5552	+0.096%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0292%	1h	1.5550	+0.081%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0325%	8h	1.5552	+0.094%	$1.9M	$33.1M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5550	+0.081%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5535	−0.016%	$509K	$630K	10x	as long as short
Hyperliquid XRP	+0.0590%	1h	1.5554	+0.106%	$290.7M	$204.4M	20x	as long as short
Aftermath Perps XRPUSD	+0.0757%	1h	1.5556	+0.122%	$1K	$11K	10x	as long as short