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

XRP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Arcus+0.079%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.079%, 7d avg −0.006%
Together, before fees−0.098%−$10 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: OKX is 0.085% dearer against Arcus than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus XRP-USD1.52000.0100pay 0.0013% / 1h39m 13s$144K$714K20x
ShortOKX XRP-USDT-SWAP1.52120.0100get 0.0100% / 8h39m 13s$128.5M$875.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Arcus. 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: +0.079% → −0.006%
$8.51
Slippage, 4 orders
−$6.19
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$12.18
Costs to cover
0.207%
Break-even
never at this rate
Slippage from Arcus: live order book, 65 min ago; OKX: 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 Arcus live order book, 65 min ago0.99 bp5.3 bp −$56.9 bp −$6926.5 bp −$2,647doesn't fit
Sell OKX live order book, 5 min ago0.33 bp5.3 bp −$57.4 bp −$7414.3 bp −$1,42729.3 bp −$14.7K

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%1h1.5216+0.105%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5196−0.023%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5206+0.039%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5215+0.099%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.368%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5211+0.070%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5214+0.089%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5215+0.099%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5190−0.066%$17K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5216+0.109%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5217+0.115%$38.6M$87.0M100xas long as short
Pacifica XRP+0.0100%1h1.5201+0.008%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5211+0.074%$532.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5208+0.053%$350.1M$956.7M100xas long as short
OKX XRP-USDT-SWAPshort+0.0100%8h1.5212+0.079%$128.5M$875.4M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.158%$567K$33K5xas long as short
Arcus XRP-USDlong+0.0100%1h1.5200long leg$144K$714K20x
Bulk XRP-USD+0.0100%1h1.5190−0.066%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5214+0.092%$379.4M$160.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5217+0.112%$314.0M$921.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5217+0.111%$106.7M$184.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5213+0.086%$269.1M$392.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5211+0.072%$107.6Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.168%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231+0.204%$662K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5233+0.220%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.257%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5218+0.119%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5215+0.099%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5214+0.093%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5212+0.079%$78K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5218+0.120%$819K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5218+0.121%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5210+0.066%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5215+0.097%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5215+0.099%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5198−0.012%$474K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0060%1h1.5211+0.072%$785K200xas long as short
Extended XRP-USD+0.0104%1h1.5187−0.082%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5195−0.033%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5208+0.055%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5219+0.126%$17K$78K7xas long as short
Hyperliquid XRP+0.0144%1h1.5230+0.197%$290.5M$267.6M20xas long as short
Backpack XRP_USDC_PERP+0.0169%1h1.5221+0.138%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5214+0.092%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0199%8h1.5214+0.092%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5211+0.073%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207+0.046%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5200−0.001%$522K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5240+0.263%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0636%1h1.5227+0.176%$2K$16K10xas long as short