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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Katana Perps against BingX+0.173%7-day average +0.005% · you sell dearer than you buy
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)−0.029%−$3 on $10k
Price spread, last 7 days−0.125%−$12 · spread now +0.173%, 7d avg +0.005%
Together, before fees−0.154%−$15 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: Katana Perps is 0.168% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.55940.0100pay 0.0100% / 8h50m 03s$3.7M
ShortKatana Perps XRP-USD1.56210.0101get 0.0101% / 8h50m 03s$13K$264K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
$0.13
Price spread: +0.173% → +0.005%
$16.8
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$3.13
Costs to cover
0.138%
Break-even
from the start
Slippage unknown: BingX: live order book, 10 min ago; Katana Perps: no order-book sample. 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 BingX live order book, 10 min ago0.64 bp7.1 bp −$711.4 bp −$11427.3 bp −$2,72871.4 bp −$35.7K
Sell Katana Perps no order-book sample
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5636+0.269%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5606+0.077%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5690+0.616%$70K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5599+0.032%$9.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5602+0.052%$261K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0004% / S +0.0107%1h1.5601+0.045%$858K200xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5595+0.007%$15.7M$68.8M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5601+0.045%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.218%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5597+0.021%$3.0M$12.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5596+0.013%$444K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5598+0.026%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5599+0.030%$39.6M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5622+0.179%$643K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5603+0.060%$559.8M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5603+0.058%$347.4M$913.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5604+0.064%$127.5M$890.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5650+0.359%$582K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5604+0.064%$117K$753K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.251%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5596+0.013%$373.1M$143.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5608+0.090%$303.5M$864.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5607+0.082%$113.4M$162.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5607+0.083%$272.8M$369.3M125xas long as short
BingX XRP-USDClong+0.0100%8h1.5594long leg$3.7M
Variational Omni XRP+0.0100%8h1.5634+0.254%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5645+0.329%$679K$102.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5674+0.515%$1.1M$41.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5691+0.622%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5615+0.136%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5609+0.096%$45K$451K20xas long as short
Bullet XRP-USD+0.0100%1h1.5600+0.041%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5603+0.059%$840K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5610+0.103%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5593−0.006%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5601+0.045%$51.2M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5596+0.013%$55.5M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5632+0.241%$487K$54K50xas long as short
Katana Perps XRP-USDshort+0.0101%8h1.5621+0.173%$13K$264K20x
Extended XRP-USD+0.0104%1h1.5603+0.059%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5601+0.047%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5617+0.147%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5604+0.062%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5625+0.199%$24.4M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5603+0.058%$5.9M$47.7M50xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5639+0.288%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0320%8h1.5634+0.257%$2.0M$33.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0378%1h1.5603+0.058%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0592%1h1.5618+0.154%$297.3M$207.6M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5617+0.149%$509K$632K10xas long as short
Aftermath Perps XRPUSD+0.0778%1h1.5631+0.239%$1K$11K10xas long as short