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+0.0096%/8h= +10.5% APRpaid last 24h +0.081%
Price spread now: RISEx against BloFin+0.085%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.217%+$22 on $10k
Price spread, last 4 days (all we have)+0.075%+$7 · spread now +0.085%, 7d avg +0.041%
Together, before fees+0.292%+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.043% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.51980.0220pay 0.0220% / 8h59m 55s$23.7M$77.9M125x
ShortRISEx XRP/USDC1.52110.0316get 0.0040% / 1h59m 55s$529K$806K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$20.22
Price spread: +0.085% → +0.041%
$4.35
Slippage, 4 orders
−$5.14
Fee BloFin: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$1.42
Costs to cover
0.231%
Break-even
6.5 days
Slippage from BloFin: live order book, 4 min ago; RISEx: live order book, 44 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 ago0.33 bp6.3 bp −$67.7 bp −$7711.2 bp −$1,12121.9 bp −$11.0K
Sell RISEx live order book, 44 min ago2.24 bp5.2 bp −$511.3 bp −$113doesn'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%1h1.5227+0.191%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5193−0.032%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.145%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5206+0.053%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5204+0.042%$14.5M$74.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.382%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5211+0.086%$7.8M$24.4M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0094% / S −0.0050%1h1.5206+0.051%$785K200xas long as short
Lighter XRP+0.0096%1h1.5206+0.053%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5206+0.053%$546K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5201+0.020%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5195−0.020%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5197−0.007%$38.5M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5197−0.005%$615K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5193−0.033%$533.1M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5197−0.007%$348.6M$960.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5197−0.007%$129.5M$883.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5193−0.033%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5212+0.092%$145K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195−0.017%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5199+0.007%$379.0M$162.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5195−0.020%$312.0M$934.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5198+0.003%$107.6M$183.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5195−0.020%$268.7M$395.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5195−0.020%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5187−0.073%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5224+0.170%$661K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5219+0.138%$1.1M$35.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5227+0.191%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5211+0.084%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5210+0.079%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5208+0.067%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5209+0.072%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5224+0.172%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5214+0.103%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5207+0.059%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5207+0.062%$49.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5208+0.066%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5207+0.061%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5192−0.041%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5205+0.048%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5211+0.086%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0128%1h1.5202+0.029%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0169%1h1.5212+0.092%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5208+0.066%$5.7M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0215%8h1.5206+0.053%$1.8M$34.7M2.9xas long as short
Hyperliquid XRP+0.0219%1h1.5214+0.105%$290.0M$266.9M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5203+0.031%$1.3M$4K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5198long leg$23.7M$77.9M125x
RISEx XRP/USDCshort+0.0316%1h1.5211+0.085%$529K$806K10x
Aftermath Perps XRPUSD+0.0710%1h1.5216+0.115%$2K$16K10xas long as short