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: KuCoin against Bitget−0.006%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.006%, 7d avg +0.004%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.51610.0100pay 0.0100% / 8h4h 43m$268.2M$383.9M125x
ShortKuCoin XRPUSDTM1.51600.0100get 0.0100% / 8h4h 43m$108.0M$173.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.006% → +0.004%
−$1.04
Slippage, 4 orders
−$3.87
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$28.91
Costs to cover
0.279%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago0.33 bp6.3 bp −$68.5 bp −$8520.5 bp −$2,047doesn't fit
Sell KuCoin live order book, 5 min ago0.03 bp6.3 bp −$611.4 bp −$114doesn't fitdoesn'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%1h1.5138−0.152%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5163+0.011%$14.3M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5145−0.106%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.139%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5162+0.007%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.632%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0039% / S +0.0031%1h1.5163+0.015%$788K200xas long as short
01 Exchange XRPUSD+0.0056%1h1.5162+0.007%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0079%8h1.5164+0.020%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5165+0.026%$7.7M$25.6M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5164+0.021%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5169+0.053%$511K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5152−0.059%$10K$318K20xas long as short
Nado XRP-PERP+0.0100%1h1.5153−0.049%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5171+0.066%$281.9M$225.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5169+0.051%$38.4M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5152−0.058%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5159−0.012%$533.8M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5160−0.007%$345.1M$931.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5162+0.007%$125.9M$875.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5133−0.185%$562K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5123−0.251%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146−0.101%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.51610.000%$370.3M$153.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5159−0.013%$299.0M$896.3M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5160−0.006%$108.0M$173.5M75x
Bitget XRPUSDTlong+0.0100%8h1.5161long leg$268.2M$383.9M125x
BingX XRP-USDC+0.0100%8h1.5163+0.013%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5129−0.213%$5.4M$37.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5113−0.318%$656K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5112−0.325%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5121−0.264%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.013%$43K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5164+0.017%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5163+0.014%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5160−0.003%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5163+0.013%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5156−0.035%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5167+0.040%$54.1M$30.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5148−0.087%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5153−0.054%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5155−0.036%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5160−0.005%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5132−0.189%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0169%1h1.5179+0.119%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5171+0.066%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5163+0.012%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5136−0.165%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5169+0.053%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5161−0.002%$516K$780K10xas long as short
Aftermath Perps XRPUSD+0.0661%1h1.5138−0.150%$2K$15K10xas long as short