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: Pacifica against Bitget+0.216%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$230.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 7 days−0.240%−$24 · spread now +0.216%, 7d avg +0.006%
Together, before fees−0.201%+ Points / potential airdropPacifica: Active · farm board−$20 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: Pacifica is 0.210% dearer against Bitget than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.51220.0100pay 0.0100% / 8h2h 00m$266.4M$400.3M125x
ShortPacifica XRP1.51550.0100get 0.0013% / 1h0m 12s$602K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.216% → +0.006%
$20.96
Slippage, 4 orders
−$3.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$2.46
Costs to cover
0.234%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Pacifica: 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 bp6.5 bp −$68.8 bp −$8818.2 bp −$1,82232.8 bp −$16.4K
Sell Pacifica live order book, 4 min ago1.32 bp5.3 bp −$57.6 bp −$76doesn'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%1h1.5161+0.258%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5150+0.188%$14.4M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5150+0.185%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.317%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5150+0.187%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.896%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0076% / S −0.0021%1h1.5151+0.190%$799K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5151+0.192%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5155+0.218%$7.7M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5150+0.188%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5153+0.205%$548K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5144+0.145%$11K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5151+0.195%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5148+0.172%$38.4M$87.5M100xas long as short
Pacifica XRPshort+0.0100%1h1.5155+0.216%$602K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5150+0.185%$527.1M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5150+0.185%$344.0M$967.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5126+0.026%$126.6M$890.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5166+0.291%$564K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5156+0.225%$143K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5166+0.291%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5129+0.046%$373.6M$162.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5128+0.040%$296.3M$930.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5152+0.197%$107.2M$181.9M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5122long leg$266.4M$400.3M125x
BingX XRP-USDT+0.0100%8h1.5125+0.020%$106.2Mas long as short
Variational Omni XRP+0.0100%8h1.5155+0.216%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5156+0.226%$658K$114.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5169+0.311%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5159+0.245%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5156+0.222%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5152+0.198%$46K$507K20xas long as short
Bullet XRP-USD+0.0100%1h1.5155+0.217%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5152+0.198%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5153+0.205%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5155+0.219%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5150+0.185%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5151+0.190%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5151+0.192%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5160+0.250%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5145+0.152%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5150+0.182%$58K$25K3xas long as short
Hyperliquid XRP+0.0145%1h1.5146+0.159%$289.0M$264.4M20xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5161+0.256%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5156+0.225%$5.7M$48.6M50xas long as short
Backpack XRP_USDC_PERP+0.0202%1h1.5140+0.119%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0211%8h1.5155+0.218%$1.7M$35.5M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5147+0.166%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5156+0.225%$23.3M$77.6M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5155+0.217%$517K$792K10xas long as short
Aftermath Perps XRPUSD+0.0572%1h1.5158+0.240%$2K$16K10xas long as short