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

XRP

all XRP markets
SwapBacktest
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: KuCoin against Binance+0.068%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days−0.062%−$6 · spread now +0.068%, 7d avg +0.007%
Together, before fees−0.049%−$5 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: KuCoin is 0.061% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.50120.0100pay 0.0100% / 8h2h 33m$526.3M$2.20B100x
ShortKuCoin XRPUSDTM1.50220.0100get 0.0100% / 8h2h 33m$106.3M$180.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: +0.068% → +0.007%
$6.13
Slippage, 4 orders
−$6.23
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$22.1
Costs to cover
0.282%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 10 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 Binance live order book, 10 min ago0.33 bp5.5 bp −$66.2 bp −$6211.6 bp −$1,15931.3 bp −$15.6K
Sell KuCoin live order book, 10 min ago0.03 bp10.6 bp −$1113.3 bp −$133doesn'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%1h1.5041+0.196%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5027+0.101%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5042+0.202%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.389%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5030+0.122%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5030+0.122%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.653%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5028+0.110%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5045+0.222%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5028+0.108%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5031+0.129%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5033+0.142%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5044+0.219%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5019+0.049%$287.7M$259.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5014+0.016%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5044+0.218%$603K$1.1M20xas long as short
Binance XRPUSDTlong+0.0100%8h1.5012long leg$526.3M$2.20B100x
Bybit XRPUSDT+0.0100%8h1.5012+0.003%$340.9M$958.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5011−0.004%$124.2M$889.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036+0.162%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5046+0.229%$136K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.302%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5018+0.043%$368.4M$157.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5016+0.029%$285.5M$911.9M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5022+0.068%$106.3M$180.3M75x
Bitget XRPUSDT+0.0100%8h1.5006−0.037%$265.0M$397.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5015+0.023%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.370%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056+0.296%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.368%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062+0.336%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5045+0.224%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5040+0.189%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5029+0.116%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5027+0.102%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5024+0.083%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5029+0.118%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5027+0.102%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5035+0.154%$49.1M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5028+0.109%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5052+0.267%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5015+0.019%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5025+0.086%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0133%8h1.5049+0.249%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0170%1h1.5033+0.142%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5031+0.129%$5.6M$48.3M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5080+0.457%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5032+0.138%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.449%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5046+0.228%$513K$777K10xas long as short
Aftermath Perps XRPUSD+0.0601%1h1.5061+0.331%$2K$15K10xas long as short