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 Bitget−0.019%7-day average −0.042% · 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)−0.029%−$3 on $10k
Price spread, last 7 days+0.038%+$4 · spread now −0.019%, 7d avg −0.042%
Together, before fees+0.009%+$1 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 0.023% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.54850.0100pay 0.0100% / 8h1h 08m$270.2M$365.4M125x
ShortKatana Perps XRP-USD1.54820.0101get 0.0101% / 8h1h 08m$11K$261K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
$0.14
Price spread: −0.019% → −0.042%
$2.29
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$13.36
Costs to cover
0.158%
Break-even
652.6 days
Slippage unknown: Bitget: live order book, 6 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 Bitget live order book, 6 min ago0.32 bp6.6 bp −$78.8 bp −$8819.4 bp −$1,93827.4 bp −$13.7K
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%1h1.5500+0.097%$7K$2K20xas long as short
GMX XRP/USD [ETH-USDC]L −0.0001% / S +0.0114%1h1.5501+0.100%$850K200xas long as short
dYdX XRP-USD0.0000%1h1.5497+0.077%$1.1M$113K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5503+0.114%$259K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.484%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5512+0.177%$15.5M$68.6M50xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5505+0.129%$78K$910K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0072%1h1.5513+0.181%$9.5M$25.2M50xas long as short
Lighter XRP+0.0096%1h1.5505+0.127%$3.0M$12.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5510+0.161%$440K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5504+0.123%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5505+0.132%$39.3M$79.0M100xas long as short
Pacifica XRP+0.0100%1h1.5502+0.112%$638K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5497+0.080%$557.8M$1.99B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5498+0.084%$344.4M$901.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5489+0.026%$127.4M$879.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5467−0.116%$578K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5494+0.058%$119K$745K20xas long as short
Bulk XRP-USD+0.0100%1h1.5501+0.106%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.54850.000%$371.8M$141.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5498+0.084%$297.9M$866.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5497+0.079%$113.3M$160.6M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5485long leg$270.2M$365.4M125x
BingX XRP-USDT+0.0100%8h1.5492+0.045%$119.5Mas long as short
Variational Omni XRP+0.0100%8h1.5501+0.106%$11.8M$30.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5508+0.149%$673K$101.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5528+0.278%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5520+0.226%$1.0M$884K50xas long as short
Vest XRP-PERP+0.0100%1h1.5502+0.107%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5510+0.161%$46K$447K20xas long as short
Bullet XRP-USD+0.0100%1h1.5503+0.117%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5507+0.144%$835K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5514+0.191%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5510+0.161%$33K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5514+0.188%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5510+0.161%$55.2M$29.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5495+0.066%$483K$54K50xas long as short
Katana Perps XRP-USDshort+0.0101%8h1.5482−0.019%$11K$261K20x
Extended XRP-USD+0.0104%1h1.5478−0.043%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5505+0.129%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5513+0.181%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5506+0.134%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5513+0.181%$5.9M$47.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5514+0.187%$24.6M$73.6M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5486+0.009%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0291%1h1.5518+0.213%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5509+0.155%$1.9M$33.2M2.9xas long as short
Phoenix XRP+0.0516%1h1.5500+0.097%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5490+0.035%$507K$631K10xas long as short
Hyperliquid XRP+0.0584%1h1.5523+0.245%$290.1M$204.4M20xas long as short
Aftermath Perps XRPUSD+0.0766%1h1.5525+0.256%$1K$11K10xas long as short