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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.013%
Price spread now: 01 Exchange against Arcus+0.065%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.065% dearer against Arcus than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus XRP-USD1.54530.0100pay 0.0013% / 1h20m 19s$116K$654K20x
Short01 Exchange XRPUSD1.54630.0144get 0.0018% / 1h20m 19s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$9.24
Price spread: +0.065% → 0.000%
$6.47
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$4.21
Costs to cover
0.115%
Break-even
3.8 days
Slippage unknown: Arcus: live order book, 3 min ago; 01 Exchange: 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 Arcus live order book, 3 min ago1.30 bp5.3 bp −$58.4 bp −$84doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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%1h1.5456+0.019%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5440−0.087%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5320−0.861%$68K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5439−0.089%$259K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0009%1h1.5446−0.045%$9.4M$24.6M50xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−1.055%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0047%8h1.5447−0.039%$80K$941K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0073% / S +0.0182%1h1.5440−0.083%$909K200xas long as short
Lighter XRP+0.0096%1h1.5442−0.070%$3.0M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5443−0.065%$448K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5445−0.053%$1.1M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5448−0.035%$39.2M$72.8M100xas long as short
Pacifica XRP+0.0100%1h1.5447−0.039%$672K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5439−0.089%$553.8M$1.86B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5439−0.091%$346.7M$843.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5435−0.116%$125.2M$842.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5398−0.356%$573K$41K5xas long as short
Arcus XRP-USDlong+0.0100%1h1.5453long leg$116K$654K20x
Gate XRP_USDT+0.0100%8h1.5447−0.039%$369.9M$132.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5450−0.019%$290.9M$811.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5452−0.008%$112.7M$148.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5441−0.078%$266.8M$343.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5443−0.065%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5445−0.054%$6.7M$24.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5357−0.621%$667K$95.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5402−0.330%$1.1M$42.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5381−0.466%$1.0M$864K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.54530.000%$50K$477K20xas long as short
Bullet XRP-USD+0.0100%1h1.5443−0.067%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5444−0.058%$832K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5444−0.058%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5440−0.084%$34K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5439−0.092%$50.8M$14.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5440−0.084%$55.2M$28.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5438−0.099%$1.7M$399K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5443−0.062%$481K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5439−0.092%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5454+0.006%$12K$235K20xas long as short
Extended XRP-USD+0.0104%1h1.5442−0.072%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5447−0.037%$72K$40K3xas long as short
01 Exchange XRPUSDshort+0.0144%1h1.5463+0.065%$8K$8K10x
Kraken Futures PF_XRPUSD+0.0169%1h1.5442−0.074%$15.6M$64.2M50xas long as short
Backpack XRP_USDC_PERP+0.0176%1h1.5471+0.116%$1.7M$938K25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5458+0.032%$5.5M$44.6M50xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5447−0.040%$1.4M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5465+0.078%$23.8M$68.1M125xas long as short
Kalshi KXXRPPERP+0.0241%8h1.5454+0.006%$1.7M$31.7M2.9xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5460+0.043%$19K$60K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5462+0.055%$407K$498K10xas long as short
Hyperliquid XRP+0.0498%1h1.5461+0.052%$285.2M$187.1M20xas long as short
Aftermath Perps XRPUSD+0.0537%1h1.5362−0.592%$1K$11K10xas long as short