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

XRP

all XRP markets
SwapBacktest
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: Bullet against ApeX Omni−0.238%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.238% cheaper against ApeX Omni than usual: you would sell low and buy high, −$24 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.55970.0100pay 0.0013% / 1h43m 04s$1.0M$899K50x
ShortBullet XRP-USD1.55600.0100get 0.0013% / 1h43m 04s$42K$67K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against ApeX Omni. 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
Price spread: −0.238% → 0.000%
−$23.84
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$41.84
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 1 min ago; Bullet: 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 ApeX Omni live order book, 1 min ago0.64 bp5.7 bp −$610.8 bp −$108doesn't fitdoesn't fit
Sell Bullet no order-book sample
Bullet: 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%1h1.5566−0.199%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5568−0.186%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5620+0.147%$70K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5553−0.282%$9.7M$25.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5558−0.248%$260K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0104%1h1.5557−0.253%$856K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5553−0.284%$15.6M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0057%8h1.5555−0.269%$76K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.237%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5558−0.251%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5559−0.244%$443K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5562−0.221%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5556−0.265%$39.5M$80.1M100xas long as short
Pacifica XRP+0.0100%1h1.5568−0.186%$641K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5554−0.273%$557.1M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5555−0.269%$347.2M$915.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5556−0.263%$127.1M$889.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5568−0.186%$579K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5568−0.186%$117K$753K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.232%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5555−0.269%$374.4M$144.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5558−0.250%$299.0M$870.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5553−0.281%$113.2M$163.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5556−0.263%$272.0M$370.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5553−0.282%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5624+0.170%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5600+0.021%$677K$103.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5583−0.092%$1.1M$40.5M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5597long leg$1.0M$899K50x
Polymarket Perps XRP-USD+0.0100%1h1.5564−0.212%$48K$454K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5560−0.238%$42K$67K20x
Derive XRP-PERP+0.0100%1h1.5557−0.259%$837K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5560−0.234%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5551−0.295%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5554−0.277%$51.1M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5554−0.276%$55.3M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5562−0.224%$485K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5566−0.200%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5571−0.167%$13K$267K20xas long as short
Extended XRP-USD+0.0104%1h1.5553−0.284%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5554−0.278%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5569−0.180%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5561−0.233%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5553−0.282%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5562−0.224%$5.9M$47.7M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5587−0.065%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0316%8h1.5570−0.173%$2.0M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0361%1h1.5564−0.212%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0621%1h1.5576−0.135%$296.5M$209.1M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5576−0.136%$508K$632K10xas long as short
Aftermath Perps XRPUSD+0.0816%1h1.55970.000%$1K$11K10xas long as short