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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Bulk+0.170%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$1as in the Price arb table
costs, in and out, $10k−$210.214% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.003%$0 on $10k
Price spread, last 7 days−0.196%−$20 · spread now +0.170%, 7d avg −0.057%
Together, before fees−0.193%−$19 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: BingX is 0.227% dearer against Bulk than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.50260.0100pay 0.0013% / 1h21m 20s$1.6M$5K20x
ShortBingX XRP-USDC1.50520.0100get 0.0100% / 8h2h 21m$4.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.170% → −0.057%
$22.68
Slippage, 4 orders
−$4.42
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
$1.26
Costs to cover
0.214%
Break-even
from the start
Slippage from Bulk: live order book, 3 min ago; BingX: live order book, 14 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 ago0.33 bp4.0 bp −$45.5 bp −$5510.9 bp −$1,09026.3 bp −$13.1K
Sell BingX live order book, 14 min ago0.67 bp6.7 bp −$712.4 bp −$12426.1 bp −$2,61397.7 bp −$48.9K

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%1h1.5052+0.170%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5043+0.110%$14.1M$74.6M50xas long as short
dYdX XRP-USD0.0000%1h1.5050+0.154%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980−0.309%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5047+0.136%$243K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0016%1h1.5046+0.130%$7.7M$25.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.550%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5044+0.119%$789K200xas long as short
01 Exchange XRPUSD+0.0088%1h1.5066+0.263%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5053+0.177%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5058+0.210%$545K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5053+0.176%$10K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5064+0.247%$985K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5072+0.303%$287.5M$261.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5051+0.162%$38.3M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.5057+0.204%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5051+0.162%$523.0M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5046+0.130%$342.3M$964.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5046+0.130%$125.1M$879.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4996−0.203%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5067+0.270%$144K$712K20xas long as short
Bulk XRP-USDlong+0.0100%1h1.5026long leg$1.6M$5K20x
Gate XRP_USDT+0.0100%8h1.5051+0.163%$369.1M$159.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5051+0.163%$286.5M$921.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5064+0.247%$105.0M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5038+0.077%$263.7M$397.0M125xas long as short
BingX XRP-USDCshort+0.0100%8h1.5052+0.170%$4.2M
Variational Omni XRP+0.0100%8h1.4960−0.442%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5000−0.177%$651K$113.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5028+0.010%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5002−0.163%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5068+0.276%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5054+0.183%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5047+0.137%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5043+0.110%$809K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5051+0.165%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5046+0.130%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5046+0.129%$49.2M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5045+0.123%$53.6M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5063+0.246%$470K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5060+0.223%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5039+0.084%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5042+0.101%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0160%8h1.5037+0.070%$1.7M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0173%1h1.5068+0.276%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5049+0.150%$5.6M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5040+0.089%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5054+0.181%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5005−0.143%$23.2M$76.4M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5065+0.258%$518K$786K10xas long as short
Aftermath Perps XRPUSD+0.0614%1h1.5017−0.063%$2K$16K10xas long as short