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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: ApeX Omni against BloFin+0.099%103s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.116%−$12 on $10k
Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.099%, 7d avg +0.023%
Together, before fees−0.358%−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.076% dearer against BloFin than usual: you sell high and buy low (spread +0.099% now, against its 7-day average of +0.023%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.116% in total) that is about 4.6 days. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.51410.0220pay 0.0220% / 8h1h 55m$23.3M$77.6M125x
ShortApeX Omni XRPUSDT1.51560.0100get 0.0013% / 1h55m 37s$1.2M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$25.2
Price spread: +0.099% → +0.023%
$7.6
Slippage, 4 orders
−$7.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$47.06
Costs to cover
0.295%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; ApeX Omni: live order book, 3 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 BloFin live order book, 4 min ago2.31 bp8.3 bp −$88.9 bp −$8912.5 bp −$1,24723.1 bp −$11.5K
Sell ApeX Omni live order book, 3 min ago1.32 bp6.3 bp −$611.2 bp −$112doesn'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%1h1.5158+0.112%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5145+0.025%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.125%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5140−0.009%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5146+0.033%$7.7M$25.2M50xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5136−0.033%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.767%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5146+0.033%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0077% / S −0.0023%1h1.5139−0.013%$798K200xas long as short
Lighter XRP+0.0096%1h1.5154+0.083%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5154+0.086%$546K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5136−0.033%$11K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5145+0.030%$999K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5150+0.060%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5154+0.087%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5147+0.040%$528.4M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5146+0.033%$344.0M$967.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5153+0.079%$127.0M$891.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5154+0.086%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5150+0.059%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5166+0.165%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5148+0.046%$375.0M$157.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5151+0.066%$296.9M$916.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5154+0.086%$107.3M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5146+0.033%$266.5M$399.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5147+0.040%$106.2Mas long as short
Variational Omni XRP+0.0100%8h1.5135−0.041%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5133−0.055%$659K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.053%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDTshort+0.0100%1h1.5156+0.099%$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5147+0.043%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5148+0.046%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5140−0.007%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.51410.000%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5139−0.015%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5141+0.001%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5136−0.033%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5142+0.007%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5139−0.013%$54.0M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5158+0.111%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5142+0.008%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5141+0.003%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5152+0.070%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0169%1h1.5156+0.099%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5147+0.040%$5.7M$48.4M50xas long as short
Hyperliquid XRP+0.0204%1h1.5165+0.159%$289.2M$264.6M20xas long as short
Kalshi KXXRPPERP+0.0212%8h1.5146+0.033%$1.7M$35.4M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5142+0.008%$1.3M$5K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5141long leg$23.3M$77.6M125x
RISEx XRP/USDC+0.0316%1h1.5150+0.062%$517K$792K10xas long as short
Aftermath Perps XRPUSD+0.0572%1h1.5151+0.069%$2K$16K10xas long as short