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: SunX against Bullet+0.015%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.51230.0100pay 0.0013% / 1h52m 06s$41K$70K20x
ShortSunX XRP-USDT1.51260.0100get 0.0100% / 8h2h 52m$127K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.015% → 0.000%
$1.48
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$14.52
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago16.61 bp25.7 bp −$2632.6 bp −$326doesn'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%1h1.5117−0.041%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5132+0.055%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5118−0.036%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5120−0.022%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5133+0.064%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5125+0.012%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.888%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5127+0.025%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5124+0.005%$793K200xas long as short
Lighter XRP+0.0096%1h1.5130+0.042%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5131+0.051%$497K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5118−0.035%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5113−0.065%$941K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5135+0.078%$291.1M$257.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5120−0.025%$38.7M$86.4M100xas long as short
Pacifica XRP+0.0100%1h1.5122−0.006%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5120−0.022%$531.9M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5122−0.008%$342.4M$950.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5122−0.008%$125.3M$888.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5124+0.005%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5130+0.045%$137K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114−0.062%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5124+0.005%$372.4M$155.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5122−0.008%$295.6M$904.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5129+0.037%$107.9M$179.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5120−0.022%$268.4M$392.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5124+0.005%$105.1Mas long as short
Variational Omni XRP+0.0100%8h1.5139+0.103%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5113−0.069%$656K$111.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5138+0.095%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147+0.157%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5124+0.005%$50K$491K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5123long leg$41K$70K20x
Orderly PERP_XRP_USDC+0.0100%8h1.5126+0.018%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5127+0.027%$814K$72K10xas long as short
SunX XRP-USDTshort+0.0100%8h1.5126+0.015%$127K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5129+0.038%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5118−0.036%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5128+0.031%$53.9M$31.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5125+0.015%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5120−0.019%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5125+0.014%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5124+0.005%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0159%8h1.5124+0.005%$1.8M$35.5M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5132+0.058%$5.7M$48.3M50xas long as short
Backpack XRP_USDC_PERP+0.0193%1h1.5134+0.071%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5120−0.020%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5115−0.055%$24.2M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5112−0.073%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5129+0.035%$516K$777K10xas long as short
Aftermath Perps XRPUSD+0.0638%1h1.5124+0.006%$2K$15K10xas long as short