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

RPL

all RPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0513%/8h= +56.2% APRpaid last 24h +0.016%
Price spread now: Gate against BingX−0.452%7-day average · you buy dearer than you sell
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+0.009%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Gate is 0.452% cheaper against BingX than usual: you would sell low and buy high (spread −0.452% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$45 on $10k: about 2.9 days of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.009% in total) that is about 12 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RPL-USDT1.99200.0100pay 0.0050% / 4h1h 18m$1.4M
ShortGate RPL_USDT1.98300.0613get 0.0613% / 8h5h 18m$64K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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
$107.73
Price spread: −0.452% → 0.000%
−$45.18
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$37.55
Costs to cover
0.250%
Break-even
4.6 days
Slippage unknown: BingX: live order book, 3 min ago; Gate: no order-book sample. 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 BingX live order book, 3 min ago10.03 bp38.7 bp −$39180.2 bp −$1,802689.0 bp −$68.9K935.8 bp −$467.9K
Sell Gate no order-book sample
Gate: 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.

RPL on 9 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
Injective RPL/USDC PERP+0.0033%1h1.9480−2.209%$201$4725.5xas long as short
Aster RPLUSDT+0.0100%4h1.9887−0.165%$100K$33K5xas long as short
Binance RPLUSDT+0.0100%4h1.9900−0.100%$1.2M$1.5M50xas long as short
Bybit RPLUSDT+0.0100%4h1.9944+0.120%$389K$242K20xas long as short
MEXC RPL_USDT+0.0100%4h1.9900−0.100%$311K$173K20xas long as short
Bitget RPLUSDT+0.0100%4h1.9910−0.050%$425K$166K50xas long as short
BingX RPL-USDTlong+0.0100%4h1.9920long leg$1.4M
Variational Omni RPL+0.0100%4h1.9961+0.207%$15K$2Kas long as short
Gate RPL_USDTshort+0.0613%8h1.9830−0.452%$64K$26K20x