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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Pacifica against BloFin−0.031%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.138%−$14 on $10k
Price spread, last 3 days (all we have)+0.324%+$32 · spread now −0.031%, 7d avg +0.007%
Together, before fees+0.186%+ Points / potential airdropPacifica: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Pacifica is 0.038% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.52330.0220pay 0.0220% / 8h2h 28m$23.8M$66.4M125x
ShortPacifica XRP1.52280.0100get 0.0013% / 1h28m 52s$663K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.031% → +0.007%
−$3.81
Slippage, 4 orders
−$4.83
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$53.84
Costs to cover
0.248%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Pacifica: 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 BloFin live order book, 5 min ago0.66 bp6.7 bp −$77.4 bp −$7415.7 bp −$1,57227.4 bp −$13.7K
Sell Pacifica live order book, 5 min ago0.66 bp6.3 bp −$6doesn't fitdoesn'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
GMX XRP/USD [ETH-USDC]L −0.0210% / S +0.0297%1h1.5244+0.070%$1.7M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5229−0.026%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5233−0.002%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5220−0.085%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5253+0.131%$9.2M$24.0M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5244+0.075%$255K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290+0.374%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0046%8h1.5243+0.066%$178K$788K50xas long as short
Lighter XRP+0.0096%1h1.5252+0.128%$2.9M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5253+0.131%$443K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5244+0.075%$1.0M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5251+0.120%$38.8M$71.5M100xas long as short
Pacifica XRPshort+0.0100%1h1.5228−0.031%$663K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5252+0.122%$545.5M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5248+0.098%$341.4M$834.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5244+0.072%$123.0M$827.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5228−0.033%$566K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5238+0.033%$114K$647K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.209%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5250+0.112%$356.1M$129.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5252+0.125%$288.9M$803.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5252+0.121%$113.1M$147.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5247+0.092%$265.4M$338.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5252+0.125%$113.2Mas long as short
Variational Omni XRP+0.0100%8h1.5205−0.185%$6.2M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202−0.204%$661K$95.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5221−0.079%$1.1M$41.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.190%$1.0M$848K50xas long as short
Vest XRP-PERP+0.0100%1h1.5237+0.026%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5243+0.066%$49K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5242+0.062%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5247+0.089%$821K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5248+0.100%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5248+0.098%$27K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5227−0.037%$50.1M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5249+0.105%$54.5M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5226−0.045%$475K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5241+0.053%$11K$235K20xas long as short
Extended XRP-USD+0.0104%1h1.5249+0.103%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5247+0.092%$71K$40K3xas long as short
Backpack XRP_USDC_PERP+0.0126%1h1.5260+0.177%$1.7M$915K25xas long as short
01 Exchange XRPUSD+0.0136%1h1.5240+0.046%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0171%1h1.5251+0.117%$15.3M$63.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5253+0.131%$5.4M$43.3M50xas long as short
Kalshi KXXRPPERP+0.0207%8h1.5237+0.026%$1.7M$31.5M2.9xas long as short
Reya XRPRUSDPERP+0.0210%1h1.5244+0.072%$1.3M$10K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5233long leg$23.8M$66.4M125x
Hibachi XRP/USDT-P+0.0248%1h1.5206−0.176%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5244+0.070%$404K$496K10xas long as short
Hyperliquid XRP+0.0451%1h1.5270+0.243%$280.0M$181.1M20xas long as short
Aftermath Perps XRPUSD+0.0546%1h1.5235+0.012%$1K$11K10xas long as short