Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance+0.013%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$320.325% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 7 days−0.012%−$1 · spread now +0.013%, 7d avg −0.001%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XRPUSDT	1.5134	0.0100	pay 0.0100% / 8h	3h 11m	$533.5M	$2.16B	100x
Short	Gate XRP_USDT	1.5136	0.0100	get 0.0100% / 8h	3h 11m	$371.7M	$157.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → −0.001%: $1.39
Slippage, 4 orders: −$7.46
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$31.07
Costs to cover: 0.325%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 2 min ago	0.33 bp	5.3 bp −$5	5.8 bp −$58	11.9 bp −$1,191	27.9 bp −$14.0K
Sell Gate live order book, 2 min ago	0.33 bp	9.6 bp −$10	13.0 bp −$130	25.5 bp −$2,545	35.3 bp −$17.6K

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5137	+0.019%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5132	−0.012%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5132	−0.015%	$258K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5138	+0.026%	$7.7M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5134	−0.003%	$14.4M	$74.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.814%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5132	−0.017%	$794K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5141	+0.044%	$2.8M	$14.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5142	+0.052%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5135	+0.006%	$9K	$351K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5132	−0.010%	$962K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5136	+0.013%	$38.9M	$85.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5138	+0.028%	$607K	$1.1M	20x	as long as short
Binance XRPUSDTlong	+0.0100%	8h	1.5134	long leg	$533.5M	$2.16B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5133	−0.007%	$344.2M	$945.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5136	+0.013%	$125.5M	$883.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5148	+0.092%	$563K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5140	+0.039%	$137K	$721K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5138	+0.028%	$1.6M	$29K	20x	as long as short
Gate XRP_USDTshort	+0.0100%	8h	1.5136	+0.013%	$371.7M	$157.1M	100x
MEXC XRP_USDT	+0.0100%	8h	1.5137	+0.019%	$297.0M	$907.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5139	+0.035%	$109.0M	$178.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5134	−0.001%	$268.7M	$390.7M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5135	+0.006%	—	$127.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5151	+0.111%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5159	+0.164%	$658K	$110.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5154	+0.132%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5169	+0.231%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5136	+0.015%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5134	−0.001%	$45K	$479K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5130	−0.027%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5131	−0.020%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5133	−0.005%	$814K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5135	+0.009%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5135	+0.006%	$30K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5142	+0.050%	$49.5M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5136	+0.013%	$53.9M	$31.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5135	+0.007%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5130	−0.026%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5132	−0.010%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5138	+0.026%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5136	+0.013%	$5.7M	$48.1M	50x	as long as short
Kalshi KXXRPPERP	+0.0215%	8h	1.5147	+0.085%	$1.9M	$35.3M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5130	−0.025%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5144	+0.066%	$24.2M	$75.7M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0244%	1h	1.5145	+0.072%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5152	+0.116%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5139	+0.031%	$515K	$776K	10x	as long as short
Hyperliquid XRP	+0.0400%	1h	1.5150	+0.105%	$297.2M	$252.1M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5160	+0.171%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0653%	1h	1.5157	+0.155%	$2K	$15K	10x	as long as short