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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.020%
Price spread now: Aster against Injective+0.815%77s7-day average · you sell dearer than you buy
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−0.165%−$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.815% dearer against Injective than usual: you sell high and buy low: +$82 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XRP/USDC PERP1.52900.0040pay 0.0005% / 1h6m 08s$2K$86K30x
ShortAster XRPUSDT1.54150.0100get 0.0100% / 8h2h 06m$39.3M$73.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
$12.68
Price spread: +0.815% → 0.000%
$81.55
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
$86.21
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aster: live order book, 3 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 Injective no order-book sample
Sell Aster live order book, 3 min ago0.65 bp4.6 bp −$55.2 bp −$5212.6 bp −$1,256doesn't fit
Injective: 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 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%1h1.5407+0.765%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5403+0.739%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5450+1.046%$69K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5405+0.753%$258K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5414+0.811%$9.4M$24.7M50xas long as short
Injective XRP/USDC PERPlong+0.0040%1h1.5290long leg$2K$86K30x
Orderly PERP_XRP_USDC+0.0048%8h1.5408+0.772%$80K$933K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0075% / S +0.0166%1h1.5405+0.754%$907K200xas long as short
Lighter XRP+0.0096%1h1.5416+0.822%$3.0M$11.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5421+0.857%$446K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5404+0.742%$1.1M$5.3M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5415+0.815%$39.3M$73.2M100x
Pacifica XRP+0.0100%1h1.5407+0.765%$673K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5401+0.728%$554.1M$1.87B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5404+0.746%$346.5M$852.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5402+0.733%$125.9M$847.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5409+0.778%$573K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5423+0.870%$119K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5472+1.187%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5403+0.739%$367.5M$134.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5406+0.759%$288.9M$823.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5407+0.765%$112.0M$149.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5405+0.752%$266.9M$346.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5404+0.746%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5487+1.289%$6.7M$24.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5443+1.002%$671K$95.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5404+0.749%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5437+0.961%$1.0M$879K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5411+0.791%$50K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5408+0.771%$42K$60K20xas long as short
Derive XRP-PERP+0.0100%1h1.5406+0.762%$830K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5410+0.787%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5411+0.791%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5406+0.756%$50.7M$14.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5416+0.824%$55.0M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5406+0.756%$480K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5405+0.753%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5404+0.746%$12K$240K20xas long as short
Extended XRP-USD+0.0104%1h1.5408+0.769%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5408+0.774%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0152%1h1.5412+0.798%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0169%1h1.5412+0.795%$15.7M$65.4M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5415+0.818%$5.6M$44.9M50xas long as short
Backpack XRP_USDC_PERP+0.0199%1h1.5417+0.831%$1.8M$953K25xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5406+0.758%$1.4M$9K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5411+0.791%$24.2M$69.0M125xas long as short
Kalshi KXXRPPERP+0.0301%8h1.5415+0.818%$1.8M$32.0M2.9xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5416+0.821%$19K$66K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5415+0.819%$405K$498K10xas long as short
Hyperliquid XRP+0.0512%1h1.5422+0.863%$284.1M$190.5M20xas long as short
Aftermath Perps XRPUSD+0.0570%1h1.5427+0.899%$1K$11K10xas long as short