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: Variational Omni against Binance−0.472%7-day average −0.005% · you buy dearer than you sell
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 4 days (all we have)+0.009%+$1 on $10k
Price spread, last 7 days+0.463%+$46 · spread now −0.472%, 7d avg −0.005%
Together, before fees+0.472%+ Points / potential airdropVariational Omni: Active · farm board+$47 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: Variational Omni is 0.467% cheaper against Binance than usual: you would sell low and buy high, −$47 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.50310.0100pay 0.0100% / 8h2h 22m$522.3M$2.21B100x
ShortVariational Omni XRP1.49600.0100get 0.0100% / 8h2h 22m$4.7M$38.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.472% → −0.005%
−$46.75
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$56.75
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min ago. 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 Binance live order book, 6 min ago0.33 bp5.3 bp −$55.8 bp −$5811.9 bp −$1,19226.1 bp −$13.0K
Sell Variational Omni RFQ quote, 1 min ago2.03 bpdoesn't fit3.6 bp −$3621.6 bp −$2,157doesn'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%1h1.5007−0.160%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5012−0.129%$14.1M$74.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5005−0.170%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980−0.339%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5002−0.192%$243K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.519%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4999−0.210%$788K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0083%1h1.5012−0.126%$7.6M$25.6M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5000−0.206%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5014−0.115%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5015−0.106%$543K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.4991−0.266%$10K$360K20xas long as short
Nado XRP-PERP+0.0100%1h1.5004−0.181%$946K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5030−0.007%$286.6M$261.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5027−0.027%$38.3M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.5004−0.177%$600K$1.1M20xas long as short
Binance XRPUSDTlong+0.0100%8h1.5031long leg$522.3M$2.21B100x
Bybit XRPUSDT+0.0100%8h1.5025−0.040%$342.0M$963.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5028−0.020%$124.7M$878.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4996−0.233%$556K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5003−0.186%$143K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027−0.027%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.5018−0.086%$368.6M$159.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5028−0.020%$283.5M$920.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5026−0.037%$104.7M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5023−0.053%$263.8M$397.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5025−0.040%$4.2Mas long as short
Variational Omni XRPshort+0.0100%8h1.4960−0.472%$4.7M$38.4M
edgeX XRPUSDC+0.0100%4h1.4951−0.531%$649K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.4988−0.289%$1.1M$37.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.4945−0.572%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5000−0.206%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5001−0.196%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5008−0.153%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5003−0.185%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5013−0.117%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5011−0.133%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5001−0.199%$49.0M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5015−0.106%$53.5M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5011−0.134%$468K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5002−0.195%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5024−0.044%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5007−0.161%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0160%8h1.5010−0.140%$1.7M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0167%1h1.5027−0.027%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5016−0.100%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.4994−0.247%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4994−0.244%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5005−0.173%$23.2M$76.4M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5002−0.193%$515K$784K10xas long as short
Aftermath Perps XRPUSD+0.0621%1h1.5007−0.160%$2K$16K10xas long as short