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 HTX−0.148%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.148%, 7d avg +0.053%
Together, before fees+0.208%+ Points / potential airdropAster: Stage 5 · farm board+$21 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 0.201% cheaper against HTX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.50800.0100pay 0.0100% / 8h2h 35m$49.3M$15.8M75x
ShortAster XRPUSDT1.50570.0100get 0.0100% / 8h2h 35m$38.4M$86.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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: −0.148% → +0.053%
−$20.07
Slippage, 4 orders
−$7.73
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$47.8
Costs to cover
0.277%
Break-even
never at this rate
Slippage from HTX: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 4 min ago0.03 bp8.8 bp −$910.6 bp −$10628.4 bp −$2,843119.4 bp −$59.7K
Sell Aster live order book, 4 min ago0.67 bp4.7 bp −$55.0 bp −$5012.7 bp −$1,267doesn't fit

XRP on 51 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%1h1.5077−0.019%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5079−0.007%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5078−0.010%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070−0.065%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5084+0.028%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5077−0.015%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.184%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5077−0.018%$789K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5081+0.008%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5078−0.009%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5080+0.001%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5066−0.092%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5077−0.016%$917K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5075−0.032%$289.1M$258.7M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5057−0.148%$38.4M$86.6M100x
Pacifica XRP+0.0100%1h1.5081+0.010%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5055−0.162%$527.8M$2.19B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5051−0.191%$341.8M$957.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5051−0.191%$124.6M$891.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.290%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5082+0.015%$136K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057−0.152%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5069−0.072%$369.1M$157.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5070−0.065%$288.0M$911.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5080−0.001%$106.7M$180.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5067−0.085%$266.2M$396.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5066−0.092%$105.6Mas long as short
Variational Omni XRP+0.0100%8h1.5067−0.084%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056−0.157%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067−0.085%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062−0.118%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5078−0.009%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5082+0.015%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5077−0.022%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5080+0.001%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5078−0.010%$811K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5084+0.031%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5080+0.001%$28K$1.7M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5080long leg$49.3M$15.8M75x
Phemex XRPUSDT+0.0100%8h1.5075−0.032%$53.7M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5085+0.035%$470K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5077−0.016%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5078−0.010%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0123%8h1.5083+0.021%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0176%1h1.5077−0.019%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5085+0.034%$5.6M$48.5M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5065−0.098%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5078−0.012%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079−0.005%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5082+0.013%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0599%1h1.5069−0.075%$2K$15K10xas long as short