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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Aster against Derive−0.022%7-day average +0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 3 days (all we have)+0.138%+$14 · spread now −0.022%, 7d avg +0.008%
Together, before fees+0.042%+ Points / potential airdropAster: Stage 5 · farm board+$4 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 0.030% cheaper against Derive than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XRP-PERP1.51620.0100pay 0.0013% / 1h4m 07s$816K$75K10x
ShortAster XRPUSDT1.51590.0100get 0.0100% / 8h6h 04m$38.4M$83.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Derive. 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: −0.022% → +0.008%
−$3.02
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$17.02
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Aster: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample
Sell Aster live order book, 5 min ago0.66 bp4.7 bp −$56.0 bp −$6014.2 bp −$1,422doesn't fit
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5154−0.055%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5164+0.012%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.147%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158−0.028%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0053%1h1.5157−0.034%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.623%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5155−0.049%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5159−0.022%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5157−0.035%$7.6M$25.0M50xas long as short
Lighter XRP+0.0096%1h1.5158−0.026%$2.8M$14.4M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5158−0.028%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5157−0.035%$10K$299K20xas long as short
Nado XRP-PERP+0.0100%1h1.5170+0.054%$973K$6.0M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5159−0.022%$38.4M$83.5M100x
Pacifica XRP+0.0100%1h1.5169+0.046%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5159−0.018%$537.3M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5158−0.028%$341.9M$928.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5158−0.028%$124.8M$866.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5128−0.226%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5170+0.051%$115K$693K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144−0.121%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5156−0.042%$368.6M$153.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5156−0.042%$294.5M$919.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5156−0.044%$106.9M$171.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5157−0.035%$267.3M$381.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5157−0.035%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5141−0.141%$6.3M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5131−0.205%$657K$109.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5120−0.279%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5137−0.167%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5162−0.002%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5165+0.018%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5159−0.022%$41K$68K20xas long as short
Derive XRP-PERPlong+0.0100%1h1.5162long leg$816K$75K10x
SunX XRP-USDT+0.0100%8h1.5168+0.034%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5157−0.035%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5159−0.020%$49.7M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5157−0.035%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5168+0.035%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5153−0.061%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5155−0.045%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5168+0.038%$8K$8K10xas long as short
Hyperliquid XRP+0.0162%1h1.5168+0.038%$280.4M$219.3M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5161−0.008%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5164+0.011%$5.7M$46.6M50xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5146−0.110%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0333%1h1.5166+0.024%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0359%8h1.5168+0.038%$2.1M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5170+0.048%$530K$786K10xas long as short
Aftermath Perps XRPUSD+0.0745%1h1.5145−0.111%$2K$14K10xas long as short