Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against KuCoin+0.009%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.024%−$2 · spread now +0.009%, 7d avg −0.003%

Together, before fees−0.025%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XRPUSDTM	1.5561	0.0100	pay 0.0100% / 8h	43m 22s	$113.3M	$163.3M	75x
Short	Aster XRPUSDT	1.5562	0.0100	get 0.0100% / 8h	43m 22s	$39.5M	$80.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → −0.003%: $1.2
Slippage, 4 orders: −$6.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$25.77
Costs to cover: 0.270%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Aster: live order book, 6 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 KuCoin live order book, 6 min ago	0.03 bp	10.2 bp −$10	14.1 bp −$141	32.1 bp −$3,213	doesn't fit
Sell Aster live order book, 6 min ago	0.64 bp	4.6 bp −$5	4.9 bp −$49	11.7 bp −$1,171	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
Hotstuff XRP-PERP	−0.0080%	1h	1.5566	+0.034%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5568	+0.047%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5620	+0.381%	$70K	$90K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5553	−0.049%	$9.7M	$25.4M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5558	−0.015%	$260K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0006% / S +0.0104%	1h	1.5557	−0.021%	$856K	—	200x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5553	−0.051%	$15.6M	$68.7M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0057%	8h	1.5555	−0.037%	$76K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	−0.004%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5568	+0.046%	$3.0M	$12.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5571	+0.066%	$443K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5562	+0.012%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDTshort	+0.0100%	8h	1.5562	+0.009%	$39.5M	$80.1M	100x
Pacifica XRP	+0.0100%	1h	1.5568	+0.047%	$641K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5560	−0.004%	$557.3M	$2.02B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5554	−0.043%	$347.2M	$915.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5554	−0.043%	$127.2M	$889.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5568	+0.047%	$579K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5568	+0.047%	$117K	$753K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5633	+0.465%	$1.7M	$573K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5561	+0.002%	$374.6M	$143.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5561	+0.002%	$299.7M	$870.0M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5561	long leg	$113.3M	$163.3M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5552	−0.056%	$272.0M	$370.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5560	−0.004%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5624	+0.404%	$11.7M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5600	+0.255%	$677K	$103.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5583	+0.141%	$1.1M	$40.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5597	+0.233%	$1.0M	$899K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5564	+0.021%	$48K	$454K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5560	−0.006%	$42K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5557	−0.027%	$837K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5560	−0.001%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5551	−0.062%	$30K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5588	+0.177%	$51.2M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5580	+0.124%	$55.4M	$29.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5562	+0.009%	$485K	$54K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5566	+0.033%	—	$10K	10x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5571	+0.066%	$13K	$267K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5549	−0.076%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5554	−0.046%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5569	+0.053%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5561	0.000%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5598	+0.240%	$24.5M	$74.6M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5589	+0.182%	$5.9M	$47.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0264%	1h	1.5587	+0.169%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0317%	8h	1.5594	+0.214%	$2.0M	$33.9M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0372%	1h	1.5587	+0.169%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0621%	1h	1.5580	+0.124%	$296.6M	$209.1M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5576	+0.097%	$508K	$632K	10x	as long as short
Aftermath Perps XRPUSD	+0.0816%	1h	1.5597	+0.234%	$1K	$11K	10x	as long as short