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: Aster against Binance−0.067%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$200.200% of the position

Long on Binance Short on Aster

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+0.063%+$6 · spread now −0.067%, 7d avg +0.004%

Together, before fees+0.074%+ Points / potential airdropAster: Stage 5 · farm board+$7 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: Aster is 0.071% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XRPUSDT	1.5322	0.0100	pay 0.0100% / 8h	7h 34m	$539.5M	$2.06B	100x
Short	Aster XRPUSDT	1.5311	0.0100	get 0.0100% / 8h	7h 34m	$38.7M	$83.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → +0.004%: −$7.05
Slippage, 4 orders: −$1.96
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.02
Costs to cover: 0.200%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; Aster: 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 Binance live order book, 9 min ago	0.33 bp	5.3 bp −$5	6.9 bp −$69	12.7 bp −$1,269	28.8 bp −$14.4K
Sell Aster live order book, 4 min ago	0.65 bp	4.7 bp −$5	6.0 bp −$60	14.8 bp −$1,476	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	1.5332	+0.068%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5320	−0.010%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5305	−0.108%	$256K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5312	−0.063%	$9.3M	$25.2M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0013% / S +0.0081%	1h	1.5303	−0.121%	$839K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.556%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5312	−0.063%	$58K	$935K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5316	−0.036%	$2.8M	$13.9M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5316	−0.036%	$514K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5308	−0.089%	$10K	$279K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5324	+0.015%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5306	−0.098%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDTshort	+0.0100%	8h	1.5311	−0.067%	$38.7M	$83.5M	100x
Pacifica XRP	+0.0100%	1h	1.5329	+0.048%	$620K	$1.1M	20x	as long as short
Binance XRPUSDTlong	+0.0100%	8h	1.5322	long leg	$539.5M	$2.06B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5321	−0.004%	$341.3M	$922.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5320	−0.010%	$124.6M	$869.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	−0.036%	$571K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5321	−0.004%	$118K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5296	−0.168%	$1.6M	$517K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5313	−0.056%	$373.6M	$149.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5315	−0.043%	$307.4M	$902.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5315	−0.042%	$108.6M	$165.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5321	−0.004%	$268.0M	$375.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5317	−0.030%	—	$123.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5328	+0.043%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5307	−0.093%	$665K	$107.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5296	−0.167%	$1.1M	$39.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5333	+0.074%	$1.0M	$892K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5310	−0.076%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5307	−0.095%	$49K	$442K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5304	−0.112%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5314	−0.049%	$824K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5341	+0.126%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5311	−0.069%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5301	−0.132%	$50.2M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5313	−0.056%	$54.5M	$29.6M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5317	−0.027%	$2.1M	$7.1M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5309	−0.082%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5310	−0.076%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5300	−0.142%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5311	−0.069%	$23.9M	$73.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5318	−0.023%	$5.8M	$46.3M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5309	−0.083%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0282%	1h	1.5324	+0.016%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0311%	8h	1.5326	+0.029%	$2.1M	$35.1M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5333	+0.076%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0404%	1h	1.5331	+0.061%	$289.5M	$214.5M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5350	+0.185%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0790%	1h	1.5322	+0.003%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5316	−0.039%	$506K	$754K	10x	as long as short