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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Binance−0.026%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.003%$0 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.026%, 7d avg −0.008%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.51610.0100pay 0.0100% / 8h6h 03m$537.3M$2.10B100x
ShortSoDEX XRP-USD1.51570.0100get 0.0013% / 1h3m 53s$29K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.026% → −0.008%
−$1.79
Slippage, 4 orders
−$1.32
Fee Binance: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$21.12
Costs to cover
0.193%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; SoDEX: 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 Binance live order book, 10 min ago0.33 bp5.3 bp −$56.5 bp −$6512.6 bp −$1,26125.8 bp −$12.9K
Sell SoDEX live order book, 5 min ago0.33 bp4.3 bp −$46.5 bp −$65doesn't fitdoesn't fit

XRP on 50 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%1h1.5154−0.045%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5164+0.021%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.138%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158−0.019%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0053%1h1.5157−0.025%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.633%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5155−0.039%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5159−0.012%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5157−0.026%$7.6M$25.0M50xas long as short
Lighter XRP+0.0096%1h1.5158−0.016%$2.8M$14.4M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5158−0.019%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5157−0.026%$10K$299K20xas long as short
Nado XRP-PERP+0.0100%1h1.5170+0.063%$973K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5162+0.006%$38.5M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5169+0.055%$609K$1.1M20xas long as short
Binance XRPUSDTlong+0.0100%8h1.5161long leg$537.3M$2.10B100x
Bybit XRPUSDT+0.0100%8h1.5159−0.012%$342.0M$927.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5159−0.012%$124.8M$866.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5128−0.217%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5170+0.060%$115K$693K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144−0.111%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5159−0.012%$368.7M$153.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5160−0.006%$294.8M$919.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5158−0.017%$106.8M$171.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5159−0.012%$267.4M$381.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5158−0.019%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5141−0.132%$6.3M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5131−0.196%$657K$109.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5120−0.270%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5137−0.157%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5162+0.007%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5165+0.027%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5159−0.012%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5162+0.009%$816K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5168+0.044%$127K$1.8M30xas long as short
SoDEX XRP-USDshort+0.0100%1h1.5157−0.026%$29K$1.7M10x
HTX XRP-USDT+0.0100%8h1.5159−0.010%$49.7M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5157−0.026%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5168+0.044%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5158−0.019%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5155−0.035%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5168+0.047%$8K$8K10xas long as short
Hyperliquid XRP+0.0162%1h1.5168+0.047%$280.4M$219.3M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5161+0.001%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5164+0.021%$5.7M$46.6M50xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5146−0.101%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0333%1h1.5166+0.034%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0359%8h1.5168+0.047%$2.1M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5170+0.058%$530K$786K10xas long as short
Aftermath Perps XRPUSD+0.0745%1h1.5145−0.102%$2K$14K10xas long as short