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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against ApeX Omni+0.209%52s7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 7 days−0.228%−$23 · spread now +0.209%, 7d avg −0.070%
Together, before fees−0.213%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.279% dearer against ApeX Omni than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.070%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.51210.0100pay 0.0013% / 1h44m 30s$1.2M$1.1M50x
ShortExtended XRP-USD1.51530.0104get 0.0013% / 1h44m 30s$2.0M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.209% → −0.070%
$27.91
Slippage, 4 orders
−$7.73
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$6.02
Costs to cover
0.227%
Break-even
from the start
Slippage from ApeX Omni: live order book, 5 min ago; Extended: live order book, 4 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 ApeX Omni live order book, 5 min ago0.33 bp11.4 bp −$1118.2 bp −$182doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago0.33 bp3.0 bp −$35.6 bp −$56doesn't fitdoesn't fit

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%1h1.5138+0.112%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5129+0.050%$14.2M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5145+0.158%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.126%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5132+0.073%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5131+0.066%$7.7M$25.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.903%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0038% / S +0.0031%1h1.5132+0.071%$787K200xas long as short
01 Exchange XRPUSD+0.0056%1h1.5162+0.271%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0079%8h1.5133+0.079%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5156+0.233%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5143+0.145%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5152+0.205%$10K$318K20xas long as short
Nado XRP-PERP+0.0100%1h1.5153+0.215%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5147+0.174%$281.3M$225.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5141+0.131%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5152+0.206%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5161+0.267%$533.9M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5161+0.265%$345.0M$931.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5161+0.265%$125.8M$874.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5133+0.079%$562K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5123+0.013%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146+0.164%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5154+0.218%$370.1M$152.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5153+0.212%$297.5M$896.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5145+0.159%$107.9M$173.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5163+0.278%$268.0M$383.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5155+0.225%$126.6Mas long as short
Variational Omni XRP+0.0100%8h1.5129+0.051%$5.4M$37.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5113−0.055%$656K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5112−0.061%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5121long leg$1.2M$1.1M50x
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.278%$43K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5133+0.080%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5134+0.085%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5136+0.102%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5129+0.053%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5126+0.036%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5134+0.086%$54.0M$30.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5148+0.177%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5153+0.211%$11K10xas long as short
Extended XRP-USDshort+0.0104%1h1.5153+0.209%$2.0M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5131+0.064%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5125+0.027%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0162%1h1.5144+0.152%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5131+0.066%$5.6M$47.0M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5163+0.277%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5136+0.099%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5135+0.093%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5161+0.262%$516K$780K10xas long as short
Aftermath Perps XRPUSD+0.0671%1h1.5138+0.111%$2K$15K10xas long as short