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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Bullet−0.014%52s7-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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.52010.0100pay 0.0013% / 1h24m 36s$41K$69K20x
ShortVariational Omni XRP1.51990.0100get 0.0100% / 8h6h 24m$6.2M$35.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.014% → 0.000%
−$1.42
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.42
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago2.05 bpdoesn't fit7.4 bp −$7425.3 bp −$2,535doesn'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 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
Hotstuff XRP-PERP−0.0080%1h1.5170−0.205%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5184−0.110%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5210+0.058%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5199−0.016%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0059%1h1.5197−0.025%$803K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.361%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5193−0.056%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5201−0.001%$62K$953K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5199−0.014%$7.7M$25.2M50xas long as short
Lighter XRP+0.0096%1h1.5182−0.126%$2.8M$14.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5182−0.126%$517K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5154−0.310%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5164−0.248%$906K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5184−0.110%$38.7M$84.2M100xas long as short
Pacifica XRP+0.0100%1h1.5180−0.139%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5169−0.213%$538.0M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5169−0.212%$341.5M$940.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5172−0.192%$124.4M$872.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5174−0.179%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5168−0.218%$115K$700K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190−0.077%$1.6M$330K20xas long as short
Gate XRP_USDT+0.0100%8h1.5167−0.225%$369.0M$152.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5164−0.244%$290.7M$912.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5180−0.140%$107.2M$171.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5164−0.244%$265.9M$383.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5167−0.225%$126.9Mas long as short
Variational Omni XRPshort+0.0100%8h1.5199−0.014%$6.2M$35.8M
edgeX XRPUSDC+0.0100%4h1.5184−0.115%$659K$108.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5181−0.131%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5179−0.146%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5199−0.015%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5200−0.008%$44K$445K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5201long leg$41K$69K20x
Derive XRP-PERP+0.0100%1h1.5199−0.017%$818K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5198−0.020%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5196−0.034%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5197−0.028%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5195−0.040%$54.1M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5163−0.249%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5160−0.268%$2.1M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5197−0.026%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0128%1h1.5167−0.225%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5196−0.032%$1.3M$7K15xas long as short
Hyperliquid XRP+0.0215%1h1.5194−0.047%$281.2M$221.5M20xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5199−0.014%$5.7M$46.8M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5203+0.012%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0358%8h1.5199−0.014%$2.1M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0363%1h1.5196−0.034%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5168−0.221%$533K$785K10xas long as short
Aftermath Perps XRPUSD+0.0756%1h1.5174−0.178%$2K$14K10xas long as short