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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.02 per $10,000 · paid last 24h +0.009%
Price spread now: 01 Exchange against Bulk+0.262%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.262% dearer against Bulk than usual: you sell high and buy low (spread +0.262% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.53160.0100pay 0.0013% / 1h12m 13s$1.6M$13K20x
Short01 Exchange XRPUSD1.53560.0080get 0.0010% / 1h12m 13s$9K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$4.2
Price spread: +0.262% → 0.000%
$26.21
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$8.01
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Bulk: live order book, 2 min ago; 01 Exchange: no order-book sample. 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 Bulk live order book, 2 min ago0.33 bp3.8 bp −$44.1 bp −$4112.7 bp −$1,27132.6 bp −$16.3K
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 50 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
Kraken Futures PF_XRPUSD−0.0170%1h1.5371+0.357%$14.1M$74.7M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5351+0.229%$5K$3K20xas long as short
Phoenix XRP0.0000%1h1.5350+0.223%$69K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5374+0.380%$7.9M$22.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5370+0.354%$250K150xas long as short
dYdX XRP-USD+0.0006%1h1.5347+0.203%$1.1M$123K10xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.594%$2K$107K30xas long as short
01 Exchange XRPUSDshort+0.0080%1h1.5356+0.262%$9K$2K10x
Hibachi XRP/USDT-P+0.0080%1h1.5360+0.287%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5369+0.348%$2.8M$14.7M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5373+0.373%$625K$3.1M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5353+0.243%$20K$378K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5356+0.261%$479K$52K50xas long as short
Nado XRP-PERP+0.0100%1h1.5357+0.272%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5370+0.351%$39.0M$82.6M100xas long as short
Pacifica XRP+0.0100%1h1.5358+0.278%$618K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5373+0.373%$537.2M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5372+0.367%$357.8M$913.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5372+0.367%$127.3M$841.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5326+0.066%$562K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5361+0.295%$161K$702K20xas long as short
Bulk XRP-USDlong+0.0100%1h1.5316long leg$1.6M$13K20x
Gate XRP_USDT+0.0100%8h1.5372+0.367%$379.3M$156.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5373+0.373%$318.9M$930.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5374+0.379%$108.7M$180.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5373+0.373%$272.9M$363.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5373+0.373%$106.4Mas long as short
Variational Omni XRP+0.0100%8h1.5344+0.186%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5339+0.151%$666K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5356+0.264%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5342+0.171%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5364+0.315%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5363+0.308%$52K$502K20xas long as short
Bullet XRP-USD+0.0100%1h1.5370+0.353%$41K$66K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5372+0.367%$78K$646K50xas long as short
SunX XRP-USDT+0.0100%8h1.5371+0.361%$129K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5369+0.347%$31K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5358+0.277%$50.1M$14.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5371+0.360%$54.5M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5362+0.300%$2.1M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5366+0.324%$59K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0134% / S −0.0096%1h1.5370+0.351%$789K200xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5371+0.360%$5.3M$46.5M50xas long as short
Kalshi KXXRPPERP+0.0172%8h1.5360+0.288%$1.7M$32.7M2.9xas long as short
Hyperliquid XRP+0.0179%1h1.5388+0.471%$294.8M$265.9M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5334+0.118%$23.8M$78.0M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5331+0.100%$1.4M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0227%1h1.5387+0.465%$2.0M$1.3M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5360+0.286%$526K$784K10xas long as short
Aftermath Perps XRPUSD+0.0516%1h1.5326+0.064%$3K$15K10xas long as short