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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Variational Omni against BloFin−0.072%7-day average −0.020% · you buy dearer than you sell
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 3 days (all we have)−0.091%−$9 on $10k
Price spread, last 3 days (all we have)−0.140%−$14 · spread now −0.072%, 7d avg −0.020%
Together, before fees−0.231%+ Points / potential airdropVariational Omni: Active · farm board−$23 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 Variational Omni is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.53320.0220pay 0.0220% / 8h2h 24m$23.8M$67.3M125x
ShortVariational Omni XRP1.53210.0100get 0.0100% / 8h2h 24m$6.3M$24.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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: −0.072% → −0.020%
−$5.15
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$42.35
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; Variational Omni: RFQ quote, 5 min ago. 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 BloFin live order book, 5 min ago1.31 bp7.3 bp −$78.9 bp −$8911.8 bp −$1,17918.0 bp −$8,995
Sell Variational Omni RFQ quote, 5 min ago2.03 bpdoesn't fit2.9 bp −$2926.7 bp −$2,671doesn'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%1h1.5329−0.023%$1.7M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5340+0.052%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5345+0.084%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5320−0.078%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5324−0.052%$9.2M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5329−0.022%$257K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.274%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0046%8h1.5321−0.072%$178K$788K50xas long as short
Lighter XRP+0.0096%1h1.5346+0.094%$3.0M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5349+0.111%$445K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5338+0.042%$1.1M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5350+0.116%$38.9M$71.8M100xas long as short
Pacifica XRP+0.0100%1h1.5344+0.079%$668K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5339+0.045%$548.4M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5337+0.033%$343.4M$836.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5335+0.020%$123.8M$833.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5297−0.228%$569K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5345+0.085%$115K$647K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.853%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5338+0.039%$367.8M$131.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5338+0.039%$288.6M$806.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5347+0.100%$112.9M$147.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5337+0.033%$266.7M$339.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5337+0.033%$113.6Mas long as short
Variational Omni XRPshort+0.0100%8h1.5321−0.072%$6.3M$24.4M
edgeX XRPUSDC+0.0100%4h1.5269−0.409%$665K$95.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5309−0.153%$1.1M$41.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5280−0.339%$1.0M$850K50xas long as short
Vest XRP-PERP+0.0100%1h1.5334+0.012%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5340+0.052%$49K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5330−0.012%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5321−0.071%$825K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5326−0.037%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5320−0.078%$29K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5326−0.042%$50.4M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5323−0.059%$54.8M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5340+0.053%$478K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5338+0.039%$11K$235K20xas long as short
Extended XRP-USD+0.0104%1h1.5335+0.020%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5320−0.077%$71K$40K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5345+0.085%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0155%1h1.5345+0.085%$1.7M$925K25xas long as short
Kraken Futures PF_XRPUSD+0.0170%1h1.5324−0.050%$15.4M$63.8M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5331−0.007%$5.4M$43.7M50xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5336+0.028%$1.4M$10K15xas long as short
Kalshi KXXRPPERP+0.0212%8h1.5330−0.013%$1.7M$31.6M2.9xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5332long leg$23.8M$67.3M125x
Hibachi XRP/USDT-P+0.0248%1h1.5334+0.015%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5348+0.107%$404K$497K10xas long as short
Hyperliquid XRP+0.0473%1h1.5367+0.228%$282.9M$181.7M20xas long as short
Aftermath Perps XRPUSD+0.0530%1h1.5269−0.414%$1K$11K10xas long as short