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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Katana Perps+0.033%7-day average +0.046% · 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 4 days (all we have)+0.022%+$2 on $10k
Price spread, last 7 days+0.079%+$8 · spread now +0.033%, 7d avg +0.046%
Together, before fees+0.101%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps XRP-USD1.51550.0099pay 0.0099% / 8h2h 01m$11K$361K20x
ShortAster XRPUSDT1.51600.0100get 0.0100% / 8h2h 01m$38.5M$87.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Katana Perps. 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
$0.22
Price spread: +0.033% → +0.046%
−$1.28
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$12.86
Costs to cover
0.118%
Break-even
411.4 days
Slippage unknown: Katana Perps: 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 Katana Perps no order-book sample
Sell Aster live order book, 3 min ago0.99 bp5.0 bp −$55.7 bp −$5714.6 bp −$1,461doesn't fit
Katana Perps: 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%1h1.5166+0.073%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5169+0.091%$14.4M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5158+0.020%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.099%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160+0.035%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.672%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0075% / S −0.0021%1h1.5160+0.032%$799K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5162+0.046%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5164+0.061%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5166+0.073%$548K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USDlong+0.0099%8h1.5155long leg$11K$361K20x
Nado XRP-PERP+0.0100%1h1.5164+0.062%$1.0M$6.4M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5160+0.033%$38.5M$87.5M100x
Pacifica XRP+0.0100%1h1.5162+0.049%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5162+0.046%$527.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5161+0.040%$344.4M$966.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5162+0.046%$126.6M$891.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5166+0.073%$564K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5168+0.086%$143K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5166+0.073%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5163+0.053%$374.6M$162.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5162+0.046%$297.4M$930.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5163+0.053%$107.2M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5160+0.033%$266.7M$399.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5160+0.033%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5166+0.072%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5156+0.008%$658K$114.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5169+0.092%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5159+0.026%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5164+0.059%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5164+0.059%$51K$487K20xas long as short
Bullet XRP-USD+0.0100%1h1.5162+0.044%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5162+0.046%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5163+0.054%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5171+0.106%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5168+0.086%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5169+0.089%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5169+0.092%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5162+0.045%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5153−0.014%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5161+0.037%$58K$25K3xas long as short
Hyperliquid XRP+0.0146%1h1.5174+0.125%$289.5M$264.3M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0146%1h1.5173+0.119%$7.7M$25.3M50xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5161+0.042%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5173+0.119%$5.7M$48.6M50xas long as short
Backpack XRP_USDC_PERP+0.0205%1h1.5179+0.158%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0214%8h1.5170+0.099%$1.7M$35.5M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5157+0.014%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5160+0.033%$23.3M$77.6M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5167+0.079%$517K$792K10xas long as short
Aftermath Perps XRPUSD+0.0565%1h1.5162+0.046%$2K$16K10xas long as short