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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Bitget+0.226%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs$0as in the Price arb table
costs, in and out, $10k−$210.215% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 7 days−0.231%−$23 · spread now +0.226%, 7d avg +0.010%
Together, before fees−0.233%−$23 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: Bulk is 0.216% dearer against Bitget than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.50230.0100pay 0.0100% / 8h2h 40m$265.8M$394.8M125x
ShortBulk XRP-USD1.50570.0100get 0.0013% / 1h40m 05s$1.6M$30K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Bitget. 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: +0.226% → +0.010%
$21.6
Slippage, 4 orders
−$2.47
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$0.13
Costs to cover
0.215%
Break-even
from the start
Slippage from Bitget: live order book, 4 min ago; Bulk: live order book, 4 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 Bitget live order book, 4 min ago0.33 bp6.6 bp −$78.9 bp −$8923.9 bp −$2,38845.5 bp −$22.8K
Sell Bulk live order book, 4 min ago0.66 bp4.2 bp −$45.2 bp −$5210.3 bp −$1,03328.3 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%1h1.5017−0.040%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5019−0.024%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5017−0.042%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5050+0.180%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5024+0.009%$257K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0016%1h1.5028+0.033%$7.6M$25.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.575%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5021−0.016%$786K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5020−0.020%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5022−0.005%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5026+0.020%$494K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5011−0.080%$11K$358K20xas long as short
Nado XRP-PERP+0.0100%1h1.5017−0.037%$893K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5037+0.093%$288.9M$258.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5022−0.007%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5018−0.030%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5025+0.011%$528.3M$2.19B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5027+0.027%$341.0M$955.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5029+0.040%$124.1M$888.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5055+0.213%$560K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5024+0.007%$136K$715K20xas long as short
Bulk XRP-USDshort+0.0100%1h1.5057+0.226%$1.6M$30K20x
Gate XRP_USDT+0.0100%8h1.50230.000%$371.3M$156.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5026+0.020%$290.5M$908.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5024+0.007%$106.1M$179.9M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5023long leg$265.8M$394.8M125x
BingX XRP-USDT+0.0100%8h1.5027+0.027%$105.6Mas long as short
Variational Omni XRP+0.0100%8h1.5042+0.127%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5058+0.236%$654K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5078+0.365%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5059+0.240%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5026+0.020%$51K$492K20xas long as short
Bullet XRP-USD+0.0100%1h1.5023−0.002%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5025+0.013%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5022−0.008%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5025+0.016%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5021−0.013%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5022−0.009%$49.1M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5025+0.013%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5019−0.026%$468K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5026+0.021%$13K10xas long as short
Extended XRP-USD+0.0104%1h1.5020−0.022%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5023−0.003%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0124%8h1.5029+0.040%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0153%1h1.5034+0.073%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5031+0.053%$5.6M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5017−0.043%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5036+0.087%$24.1M$75.9M125xas long as short
Hibachi XRP/USDT-P+0.0224%1h1.5040+0.115%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5024+0.003%$512K$777K10xas long as short
Aftermath Perps XRPUSD+0.0614%1h1.5072+0.329%$2K$15K10xas long as short