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−0.0039%/8h= −4.3% APRnext payment $0.39 per $10,000 · paid last 24h −0.006%
Price spread now: Orderly against Bitget+0.059%7-day average −0.006% · 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 7 days−0.048%−$5 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.059%, 7d avg −0.006%
Together, before fees−0.181%−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.065% dearer against Bitget than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.006%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.53210.0100pay 0.0100% / 8h2m 38s$267.6M$377.3M125x
ShortOrderly PERP_XRP_USDC1.53300.0061get 0.0061% / 8h2m 38s$75K$910K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$8.18
Price spread: +0.059% → −0.006%
$6.5
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$19.68
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 7 min ago; Orderly: 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, 7 min ago0.33 bp6.3 bp −$68.3 bp −$8317.1 bp −$1,71127.6 bp −$13.8K
Sell Orderly no order-book sample
Orderly: 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%1h1.5326+0.033%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5322+0.004%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5330+0.059%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5325+0.026%$256K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0007% / S +0.0090%1h1.5324+0.017%$840K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5327+0.039%$9.3M$25.7M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5327+0.038%$15.0M$69.9M50xas long as short
Orderly PERP_XRP_USDCshort+0.0061%8h1.5330+0.059%$75K$910K50x
Injective XRP/USDC PERP+0.0089%1h1.5560+1.560%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5325+0.028%$2.8M$13.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5327+0.039%$510K$3.3M20xas long as short
Nado XRP-PERP+0.0100%1h1.5337+0.108%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5324+0.022%$38.8M$82.7M100xas long as short
Pacifica XRP+0.0100%1h1.5326+0.033%$631K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5340+0.124%$541.4M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5341+0.131%$340.3M$931.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5346+0.163%$125.7M$884.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5324+0.020%$570K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5320−0.007%$117K$707K20xas long as short
Bulk XRP-USD+0.0100%1h1.5333+0.079%$1.7M$570K20xas long as short
Gate XRP_USDT+0.0100%8h1.5322+0.007%$361.7M$149.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5323+0.013%$299.3M$900.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5321+0.001%$108.5M$166.6M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5321long leg$267.6M$377.3M125x
BingX XRP-USDT+0.0100%8h1.53210.000%$122.7Mas long as short
Variational Omni XRP+0.0100%8h1.5290−0.199%$8.2M$33.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5317−0.023%$665K$105.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5319−0.011%$1.1M$40.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5290−0.202%$1.0M$901K50xas long as short
Vest XRP-PERP+0.0100%1h1.5326+0.031%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5332+0.072%$46K$456K20xas long as short
Bullet XRP-USD+0.0100%1h1.5327+0.042%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5330+0.057%$825K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5332+0.072%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5327+0.039%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5319−0.012%$50.3M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5327+0.039%$54.6M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5324+0.023%$478K$54K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5343+0.144%$11K$270K20xas long as short
Extended XRP-USD+0.0104%1h1.5311−0.067%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5325+0.025%$71K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5329+0.052%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5328+0.042%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5323+0.013%$24.0M$74.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5336+0.098%$5.8M$46.8M50xas long as short
Backpack XRP_USDC_PERP+0.0264%1h1.5334+0.085%$1.7M$1.1M25xas long as short
Hibachi XRP/USDT-P+0.0304%1h1.5326+0.036%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0314%8h1.5334+0.085%$2.0M$34.8M2.9xas long as short
Hyperliquid XRP+0.0556%1h1.5338+0.111%$290.0M$216.0M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5338+0.108%$525K$746K10xas long as short
Aftermath Perps XRPUSD+0.0781%1h1.5333+0.077%$1K$11K10xas long as short