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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0427%/8h= +46.8% APRnext payment +$0.53 per $10,000 · paid last 24h +0.101%
Price spread now: RISEx against Bullet+0.037%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and RISEx is 0.037% dearer against Bullet than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.54960.0100pay 0.0013% / 1h6m 48s$42K$66K20x
ShortRISEx XRP/USDC1.55010.0527get 0.0066% / 1h6m 48s$508K$631K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$89.69
Price spread: +0.037% → 0.000%
$3.69
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$79.38
Costs to cover
0.140%
Break-even
0.8 days
Slippage unknown: Bullet: no order-book sample; RISEx: live order book, 12 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 RISEx live order book, 12 min ago1.00 bp4.0 bp −$49.0 bp −$90doesn't fitdoesn'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%1h1.5481−0.094%$7K$2K20xas long as short
GMX XRP/USD [ETH-USDC]L 0.0000% / S +0.0113%1h1.5494−0.013%$849K200xas long as short
dYdX XRP-USD0.0000%1h1.5475−0.132%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5504+0.055%$9.5M$25.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5495−0.004%$259K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.416%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5505+0.062%$15.5M$68.5M50xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5496+0.003%$76K$909K50xas long as short
Lighter XRP+0.0096%1h1.5506+0.064%$3.0M$12.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5508+0.080%$443K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5493−0.013%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5508+0.082%$39.4M$79.1M100xas long as short
Pacifica XRP+0.0100%1h1.5476−0.127%$637K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5512+0.106%$558.1M$1.99B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5512+0.106%$345.5M$903.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5512+0.106%$127.7M$881.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5467−0.184%$578K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5487−0.055%$119K$745K20xas long as short
Bulk XRP-USD+0.0100%1h1.5501+0.038%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.5507+0.074%$363.5M$143.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5510+0.093%$298.6M$868.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5509+0.086%$113.3M$160.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5513+0.113%$270.8M$366.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5503+0.048%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5501+0.038%$11.8M$30.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5508+0.081%$673K$101.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5513+0.113%$1.1M$41.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5507+0.074%$1.0M$884K50xas long as short
Vest XRP-PERP+0.0100%1h1.5488−0.046%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5504+0.055%$46K$449K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5496long leg$42K$66K20x
Derive XRP-PERP+0.0100%1h1.5498+0.015%$834K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5503+0.051%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5501+0.035%$33K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5488−0.051%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5502+0.042%$55.1M$29.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5476−0.128%$482K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5491−0.029%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5504+0.057%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5496+0.004%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5492−0.023%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5495−0.006%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5507+0.074%$6.0M$47.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5499+0.022%$24.6M$73.6M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5472−0.149%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0290%1h1.5515+0.126%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5485−0.068%$1.9M$33.2M2.9xas long as short
Phoenix XRP+0.0516%1h1.5500+0.029%$69K$90K15xas long as short
RISEx XRP/USDCshort+0.0527%1h1.5501+0.037%$508K$631K10x
Hyperliquid XRP+0.0583%1h1.5524+0.184%$290.2M$204.6M20xas long as short
Aftermath Perps XRPUSD+0.0774%1h1.5510+0.097%$1K$11K10xas long as short