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

XRP

all XRP markets
SwapBacktest
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 BingX−0.018%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$210.213% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 7 days+0.019%+$2 · spread now −0.018%, 7d avg +0.005%
Together, before fees−0.033%+ Points / potential airdropAster: Stage 5 · farm board−$3 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 0.023% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDT1.51550.0100pay 0.0100% / 8h6h 21m$126.8M
ShortAster XRPUSDT1.51520.0100get 0.0100% / 8h6h 21m$38.5M$84.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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: −0.018% → +0.005%
−$2.33
Slippage, 4 orders
−$3.29
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$23.63
Costs to cover
0.213%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago0.99 bp6.0 bp −$66.6 bp −$668.9 bp −$88514.6 bp −$7,303
Sell Aster live order book, 3 min ago0.66 bp4.7 bp −$55.1 bp −$5112.9 bp −$1,292doesn't fit

XRP on 50 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%1h1.5153−0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5152−0.023%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5210+0.363%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149−0.040%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0021% / S +0.0058%1h1.5148−0.043%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.672%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5162+0.047%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5150−0.033%$62K$953K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5170+0.099%$7.6M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5155+0.001%$2.9M$14.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.51550.000%$513K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5150−0.033%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5153−0.010%$925K$6.0M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5152−0.018%$38.5M$84.1M100x
Pacifica XRP+0.0100%1h1.5154−0.003%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5154−0.009%$537.5M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5150−0.033%$341.2M$940.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5152−0.020%$124.4M$871.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5173+0.119%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5154−0.007%$115K$700K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.228%$1.6M$330K20xas long as short
Gate XRP_USDT+0.0100%8h1.5153−0.013%$368.6M$152.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5154−0.007%$289.8M$913.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5154−0.005%$107.1M$171.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5150−0.033%$265.8M$384.1M125xas long as short
BingX XRP-USDTlong+0.0100%8h1.5155long leg$126.8M
Variational Omni XRP+0.0100%8h1.5199+0.290%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5169+0.089%$659K$109.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5186+0.204%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5174+0.125%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5160+0.031%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5157+0.013%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5153−0.013%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5151−0.024%$815K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5179+0.158%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5164+0.059%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5162+0.045%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5164+0.059%$53.9M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5151−0.023%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5146−0.056%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5147−0.051%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0128%1h1.5154−0.007%$8K$8K10xas long as short
Hyperliquid XRP+0.0202%1h1.5166+0.073%$280.7M$221.8M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5153−0.013%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5169+0.092%$5.7M$46.7M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5180+0.167%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0355%1h1.5170+0.099%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0361%8h1.5180+0.165%$2.1M$35.7M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5157+0.014%$532K$786K10xas long as short
Aftermath Perps XRPUSD+0.0746%1h1.5166+0.075%$2K$14K10xas long as short