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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Bulk+0.203%54s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 7 days−0.203%−$20 · spread now +0.203%, 7d avg −0.012%
Together, before fees−0.206%−$21 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: Binance is 0.215% dearer against Bulk than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.53690.0100pay 0.0013% / 1h58m 47s$1.6M$25K20x
ShortBinance XRPUSDT1.54000.0100get 0.0100% / 8h5h 58m$537.0M$2.09B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bulk. 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: +0.203% → −0.012%
$21.5
Slippage, 4 orders
−$2.56
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
$1.93
Costs to cover
0.196%
Break-even
from the start
Slippage from Bulk: live order book, 3 min ago; Binance: live order book, 8 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 Bulk live order book, 3 min ago0.65 bp4.1 bp −$46.0 bp −$6016.5 bp −$1,65036.5 bp −$18.2K
Sell Binance live order book, 8 min ago0.32 bp5.3 bp −$55.5 bp −$5513.0 bp −$1,30435.6 bp −$17.8K

XRP on 50 exchanges

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%1h1.5403+0.220%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5403+0.217%$14.1M$72.0M50xas long as short
dYdX XRP-USD0.0000%1h1.5419+0.323%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5402+0.213%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5390+0.136%$246K150xas long as short
Ondo Perps XRP-USD.P+0.0006%1h1.5389+0.129%$565K$37K5xas long as short
01 Exchange XRPUSD+0.0016%1h1.5405+0.233%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.242%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5403+0.219%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5407+0.246%$606K$3.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERP+0.0099%8h1.5392+0.148%$480K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5398+0.187%$10K$400K20xas long as short
Nado XRP-PERP+0.0100%1h1.5411+0.275%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5415+0.298%$300.5M$267.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5402+0.211%$39.4M$81.9M100xas long as short
Pacifica XRP+0.0100%1h1.5404+0.226%$596K$1.0M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5400+0.203%$537.0M$2.09B100x
Bybit XRPUSDT+0.0100%8h1.5392+0.148%$364.9M$893.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5389+0.129%$125.2M$842.1M100xas long as short
Arcus XRP-USD+0.0100%1h1.5414+0.292%$166K$684K20xas long as short
Gate XRP_USDT+0.0100%8h1.5410+0.266%$384.2M$155.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5391+0.142%$310.0M$884.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5403+0.217%$107.1M$181.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5404+0.227%$273.2M$358.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5400+0.200%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5390+0.135%$5.0M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5392+0.151%$669K$110.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5425+0.362%$1.1M$31.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5405+0.233%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5409+0.261%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5404+0.227%$53K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5404+0.224%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5403+0.220%$84K$606K50xas long as short
SunX XRP-USDT+0.0100%8h1.5410+0.265%$129K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5400+0.200%$32K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5391+0.142%$50.2M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5404+0.227%$54.9M$33.3M50xas long as short
Bulk XRP-USDlong+0.0100%1h1.5369long leg$1.6M$25K20x
Extended XRP-USD+0.0104%1h1.5403+0.223%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5394+0.165%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5405+0.233%$5.5M$45.0M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5425+0.361%$17K$76K7xas long as short
Backpack XRP_USDC_PERP+0.0130%1h1.5407+0.246%$2.0M$1.2M25xas long as short
Kalshi KXXRPPERP+0.0143%8h1.5416+0.305%$1.9M$34.8M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0168% / S −0.0366%1h1.5401+0.208%$610K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5399+0.194%$23.9M$78.9M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5399+0.195%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5413+0.283%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0428%1h1.5410+0.267%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5410+0.266%$69K$108K15xas long as short