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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against ApeX Omni+0.200%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$660.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.200%, 7d avg −0.011%
Together, before fees+0.043%+$4 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: SunX is 0.211% dearer against ApeX Omni than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.51640.0100pay 0.0013% / 1h24m 20s$1.2M$1.1M50x
ShortSunX XRP-USDT1.51940.0100get 0.0100% / 8h4h 24m$128K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.200% → −0.011%
$21.1
Slippage, 4 orders
−$48.38
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$45.28
Costs to cover
0.664%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 5 min ago; SunX: live order book, 11 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 ago3.95 bp9.0 bp −$912.3 bp −$123doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago16.61 bp27.6 bp −$2838.8 bp −$388doesn'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%1h1.5187+0.152%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5185+0.141%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5176+0.076%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5180+0.106%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5176+0.080%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5190+0.171%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.611%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0043% / S +0.0026%1h1.5174+0.068%$792K200xas long as short
Orderly PERP_XRP_USDC+0.0085%8h1.5177+0.086%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5178+0.091%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5181+0.112%$498K$3.3M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5186+0.145%$8K$8K10xas long as short
Katana Perps XRP-USD+0.0097%8h1.5172+0.053%$10K$326K20xas long as short
Nado XRP-PERP+0.0100%1h1.5171+0.049%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5192+0.185%$281.8M$226.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5171+0.046%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5176+0.079%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5178+0.092%$535.1M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5179+0.099%$347.1M$934.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5179+0.099%$126.2M$875.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5174+0.066%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5183+0.125%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174+0.066%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5179+0.099%$370.1M$154.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5178+0.092%$291.3M$900.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5184+0.129%$108.3M$174.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5182+0.119%$268.7M$384.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5180+0.106%$127.0Mas long as short
Variational Omni XRP+0.0100%8h1.5179+0.097%$5.2M$37.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5159−0.030%$658K$108.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5178+0.089%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5164long leg$1.2M$1.1M50x
Vest XRP-PERP+0.0100%1h1.5181+0.110%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5183+0.125%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5177+0.084%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5189+0.164%$817K$72K10xas long as short
SunX XRP-USDTshort+0.0100%8h1.5194+0.200%$128K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5189+0.165%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5191+0.179%$49.7M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5180+0.106%$54.2M$30.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5178+0.095%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5172+0.050%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5174+0.065%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0174%1h1.5181+0.112%$2.0M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5183+0.125%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5194+0.198%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5179+0.100%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5177+0.086%$24.1M$76.2M125xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5194+0.198%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5185+0.138%$517K$777K10xas long as short
Aftermath Perps XRPUSD+0.0650%1h1.5183+0.127%$2K$15K10xas long as short