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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Bullet−0.018%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.54080.0100pay 0.0013% / 1h5m 54s$42K$60K20x
ShortgTrade (Gains Network) XRP/USD1.5405L +0.0003% / S −0.0004%get 0.0001% / 1h5m 54s$258K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bullet. 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
−$20.14
Price spread: −0.018% → 0.000%
−$1.81
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$39.94
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 18 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 Bullet no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 18 min ago130.03 bp135.0 bp −$135193.2 bp −$1,9321958.1 bp −$195.8Kdoesn't fit
Bullet: 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 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%1h1.5407−0.006%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5403−0.031%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5450+0.273%$69K$89K15xas long as short
gTrade (Gains Network) XRP/USDshortL +0.0003% / S −0.0004%1h1.5405−0.018%$258K150x
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5414+0.040%$9.4M$24.7M50xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.765%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0048%8h1.5408+0.001%$80K$933K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0075% / S +0.0166%1h1.5405−0.017%$907K200xas long as short
Lighter XRP+0.0096%1h1.5416+0.051%$3.0M$11.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5421+0.085%$446K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5404−0.028%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5402−0.038%$39.2M$73.2M100xas long as short
Pacifica XRP+0.0100%1h1.5407−0.006%$673K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5401−0.046%$554.1M$1.87B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5403−0.032%$346.5M$852.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5401−0.045%$125.9M$847.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5409+0.007%$573K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5423+0.098%$119K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5472+0.413%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5402−0.038%$367.5M$134.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5402−0.038%$289.0M$824.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5401−0.044%$112.0M$149.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5401−0.045%$266.8M$346.8M125xas long as short
BingX XRP-USDC+0.0100%8h1.5403−0.032%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5487+0.514%$6.7M$24.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5443+0.229%$671K$95.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5404−0.022%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5437+0.189%$1.0M$879K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5411+0.020%$50K$452K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5408long leg$42K$60K20x
Derive XRP-PERP+0.0100%1h1.5406−0.009%$830K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5410+0.016%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5411+0.020%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5406−0.015%$50.7M$14.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5416+0.053%$55.0M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5406−0.015%$480K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5405−0.018%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5404−0.025%$12K$240K20xas long as short
Extended XRP-USD+0.0104%1h1.5399−0.060%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5408+0.003%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0152%1h1.5412+0.027%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0169%1h1.5412+0.024%$15.7M$65.4M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5415+0.046%$5.6M$44.9M50xas long as short
Backpack XRP_USDC_PERP+0.0199%1h1.5417+0.059%$1.8M$953K25xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5406−0.013%$1.4M$9K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5411+0.020%$24.2M$69.0M125xas long as short
Kalshi KXXRPPERP+0.0301%8h1.5415+0.046%$1.8M$32.0M2.9xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5416+0.050%$19K$66K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5415+0.048%$405K$498K10xas long as short
Hyperliquid XRP+0.0512%1h1.5422+0.092%$284.1M$190.5M20xas long as short
Aftermath Perps XRPUSD+0.0570%1h1.5427+0.127%$1K$11K10xas long as short