Funding you earn now, next payment 22:00 UTC−0.0356%/8h= −38.9% APRpaid last 24h −0.063%
Price spread now: Aster against Hyperliquid−0.139%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$190.195% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 7 days+0.126%+$13 · spread now −0.139%, 7d avg −0.037%
=Together, before fees−0.046%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.101% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.171% in total (about -8.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XRP | 1.5288 | 0.0456 | pay 0.0057% / 1h | 27m 45s | $280.3M | $181.1M | 20x |
| Short | Aster XRPUSDT | 1.5267 | 0.0100 | get 0.0100% / 8h | 2h 27m | $38.8M | $71.5M | 100x |
Hyperliquid XRP
Aster XRPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$74.66
- Price spread: −0.139% → −0.037%
- −$10.15
- Slippage, 4 orders
- −$2.48
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$104.28
- Costs to cover
- 0.195%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Aster: live order book, 1 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 Hyperliquid live order book, 6 min ago | 0.33 bp | 4.8 bp −$5 | 6.1 bp −$61 | 11.5 bp −$1,147 | doesn't fit |
| Sell Aster live order book, 1 min ago | 0.33 bp | 5.5 bp −$5 | 6.9 bp −$69 | 14.3 bp −$1,426 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0210% / S +0.0297% | 1h | 1.5244 | −0.290% | $1.7M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5251 | −0.245% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5266 | −0.144% | $1.1M | $99K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5220 | −0.448% | $68K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5253 | −0.232% | $9.2M | $24.0M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5245 | −0.284% | $255K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | +0.010% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0046% | 8h | 1.5244 | −0.291% | $178K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5274 | −0.096% | $2.9M | $11.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5276 | −0.082% | $443K | $3.1M | 20x | as long as short |
GMX XRP/USD [ETH-USDC]
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5243 | −0.300% | $1.0M | $5.2M | 20x | as long as short |
| Aster XRPUSDTshort | +0.0100% | 8h | 1.5267 | −0.139% | $38.8M | $71.5M | 100x | |
| Pacifica XRP | +0.0100% | 1h | 1.5275 | −0.086% | $665K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5272 | −0.107% | $546.3M | $1.84B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5275 | −0.088% | $342.0M | $834.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5273 | −0.101% | $123.2M | $828.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5228 | −0.396% | $566K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5251 | −0.245% | $114K | $647K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | −0.571% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5262 | −0.173% | $356.6M | $129.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5272 | −0.108% | $289.1M | $804.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5272 | −0.108% | $113.1M | $147.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5270 | −0.121% | $265.9M | $338.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5264 | −0.160% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5205 | −0.547% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5202 | −0.566% | $661K | $95.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5221 | −0.442% | $1.1M | $41.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5204 | −0.553% | $1.0M | $848K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5243 | −0.301% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5248 | −0.265% | $49K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5243 | −0.296% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5247 | −0.270% | $821K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5253 | −0.230% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5248 | −0.265% | $27K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5232 | −0.368% | $50.1M | $14.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5256 | −0.212% | $54.5M | $28.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5274 | −0.091% | $476K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5253 | −0.232% | $11K | $235K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5261 | −0.180% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5246 | −0.275% | $71K | $40K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0134% | 1h | 1.5268 | −0.134% | $1.7M | $915K | 25x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5251 | −0.245% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0171% | 1h | 1.5250 | −0.253% | $15.3M | $63.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5253 | −0.232% | $5.4M | $43.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0208% | 8h | 1.5258 | −0.199% | $1.7M | $31.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0210% | 1h | 1.5243 | −0.297% | $1.3M | $10K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5233 | −0.363% | $23.8M | $66.4M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0248% | 1h | 1.5244 | −0.288% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5255 | −0.216% | $404K | $496K | 10x | as long as short |
| Hyperliquid XRPlong | +0.0456% | 1h | 1.5288 | long leg | $280.3M | $181.1M | 20x | |
| Aftermath Perps XRPUSD | +0.0543% | 1h | 1.5237 | −0.339% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
RISEx XRP/USDC
Aftermath Perps XRPUSD