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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0216%/8h= −23.7% APRpaid last 24h −0.117%
Price spread now: Aster against RISEx−0.009%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.198% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.340%−$34 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.009%, 7d avg −0.037%
Together, before fees−0.339%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.027% dearer against RISEx than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.037%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.52360.0316pay 0.0040% / 1h19m 11s$533K$802K10x
ShortAster XRPUSDT1.52350.0100get 0.0100% / 8h1h 19m$38.7M$87.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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
−$45.42
Price spread: −0.009% → −0.037%
$2.72
Slippage, 4 orders
−$5.8
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$62.5
Costs to cover
0.198%
Break-even
never at this rate
Slippage from RISEx: live order book, 24 min ago; Aster: live order book, 5 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 RISEx live order book, 24 min ago2.24 bp5.2 bp −$511.5 bp −$115doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago0.66 bp4.7 bp −$55.6 bp −$5617.7 bp −$1,766doesn't fit

XRP on 50 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%1h1.5243+0.044%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5232−0.029%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5200−0.239%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5212−0.162%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5232−0.032%$14.5M$75.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.124%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5236−0.002%$7.8M$24.7M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0088% / S −0.0040%1h1.5231−0.038%$786K200xas long as short
Lighter XRP+0.0096%1h1.5234−0.016%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5235−0.009%$548K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5233−0.022%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5240+0.027%$993K$6.4M20xas long as short
Aster XRPUSDTshort+0.0100%8h1.5235−0.009%$38.7M$87.9M100x
Pacifica XRP+0.0100%1h1.5239+0.019%$620K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5232−0.029%$534.4M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5227−0.061%$349.5M$965.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5231−0.035%$128.1M$884.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196−0.265%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5248+0.076%$145K$716K20xas long as short
Gate XRP_USDT+0.0100%8h1.5233−0.022%$378.8M$161.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5231−0.035%$312.5M$930.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5233−0.023%$107.9M$182.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5231−0.035%$269.2M$397.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5229−0.048%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5198−0.253%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5194−0.275%$660K$113.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5199−0.248%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.212%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5236−0.001%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5240+0.024%$66K$507K20xas long as short
Bullet XRP-USD+0.0100%1h1.5233−0.024%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5232−0.029%$65K$747K50xas long as short
SunX XRP-USDT+0.0100%8h1.5243+0.045%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5231−0.035%$32K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5238+0.014%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5234−0.015%$54.5M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5206−0.199%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5248+0.077%$475K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5227−0.064%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5231−0.032%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5246+0.063%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0144%1h1.5233−0.023%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5238+0.011%$5.7M$48.4M50xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5241+0.031%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0211%1h1.5245+0.057%$290.2M$265.0M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5229−0.046%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5230−0.042%$23.7M$78.2M125xas long as short
Kalshi KXXRPPERP+0.0224%8h1.5238+0.011%$1.8M$35.2M2.9xas long as short
RISEx XRP/USDClong+0.0316%1h1.5236long leg$533K$802K10x
Aftermath Perps XRPUSD+0.0644%1h1.5214−0.149%$2K$16K10xas long as short