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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.007%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 7 days+0.007%+$1 · spread now −0.007%, 7d avg +0.002%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDT1.53220.0100pay 0.0100% / 8h4m 56s$122.7M
ShortBinance XRPUSDT1.53210.0100get 0.0100% / 8h4m 56s$543.7M$2.06B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.007% → +0.002%
−$0.82
Slippage, 4 orders
−$1.97
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.79
Costs to cover
0.220%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 9 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 BingX live order book, 9 min ago0.65 bp5.7 bp −$66.5 bp −$659.0 bp −$89816.6 bp −$8,298
Sell Binance live order book, 9 min ago0.33 bp5.3 bp −$55.9 bp −$5911.4 bp −$1,14128.3 bp −$14.2K

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%1h1.5278−0.287%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5261−0.397%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5330+0.052%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5290−0.206%$256K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0091%1h1.5289−0.216%$838K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5297−0.162%$14.9M$69.8M50xas long as short
Orderly PERP_XRP_USDC+0.0061%8h1.5291−0.202%$75K$910K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0077%1h1.5301−0.137%$9.3M$25.7M50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.553%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5301−0.137%$2.8M$13.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5304−0.117%$511K$3.3M20xas long as short
Nado XRP-PERP+0.0100%1h1.5292−0.193%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5307−0.100%$38.7M$82.4M100xas long as short
Pacifica XRP+0.0100%1h1.5272−0.326%$628K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5321−0.007%$543.7M$2.06B100x
Bybit XRPUSDT+0.0100%8h1.5326+0.026%$338.7M$930.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5328+0.039%$125.1M$882.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5264−0.379%$570K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5290−0.209%$115K$705K20xas long as short
Bulk XRP-USD+0.0100%1h1.5333+0.072%$1.7M$570K20xas long as short
Gate XRP_USDT+0.0100%8h1.5316−0.039%$361.0M$149.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5318−0.026%$294.0M$897.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5316−0.037%$108.4M$166.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5315−0.046%$267.4M$377.3M125xas long as short
BingX XRP-USDTlong+0.0100%8h1.5322long leg$122.7M
Variational Omni XRP+0.0100%8h1.5290−0.206%$8.2M$33.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5317−0.030%$665K$105.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5343+0.137%$1.1M$40.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5301−0.137%$1.0M$901K50xas long as short
Vest XRP-PERP+0.0100%1h1.5292−0.196%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5292−0.196%$46K$456K20xas long as short
Bullet XRP-USD+0.0100%1h1.5290−0.211%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5295−0.174%$823K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5298−0.157%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5298−0.157%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5296−0.166%$50.2M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5298−0.157%$54.5M$29.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5281−0.267%$476K$54K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5284−0.248%$11K$270K20xas long as short
Extended XRP-USD+0.0104%1h1.5317−0.036%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5294−0.183%$71K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5291−0.202%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5292−0.199%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5301−0.137%$24.1M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5300−0.144%$5.8M$46.7M50xas long as short
Backpack XRP_USDC_PERP+0.0258%1h1.5307−0.098%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0304%1h1.5294−0.181%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0312%8h1.5279−0.281%$2.0M$34.7M2.9xas long as short
Hyperliquid XRP+0.0559%1h1.5316−0.039%$290.3M$215.5M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5295−0.178%$528K$744K10xas long as short
Aftermath Perps XRPUSD+0.0790%1h1.5324+0.014%$1K$11K10xas long as short