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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.020%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.020%, 7d avg +0.003%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XRPUSDT1.53820.0100pay 0.0100% / 8h5h 58m$364.7M$893.6M100x
ShortGate XRP_USDT1.53850.0100get 0.0100% / 8h5h 58m$383.6M$155.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.020% → +0.003%
$1.66
Slippage, 4 orders
−$7.93
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$32.28
Costs to cover
0.339%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago0.32 bp5.8 bp −$67.1 bp −$7113.4 bp −$1,33828.6 bp −$14.3K
Sell Gate live order book, 4 min ago0.32 bp11.2 bp −$1115.7 bp −$15730.2 bp −$3,02439.9 bp −$19.9K

XRP on 50 exchanges

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%1h1.5403+0.137%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.53820.000%$14.1M$72.0M50xas long as short
SoDEX XRP-USD−0.0027%1h1.53820.000%$30K$1.5M10xas long as short
dYdX XRP-USD0.0000%1h1.5419+0.240%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5386+0.026%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5387+0.033%$246K150xas long as short
Ondo Perps XRP-USD.P+0.0006%1h1.5389+0.046%$565K$37K5xas long as short
01 Exchange XRPUSD+0.0016%1h1.5392+0.065%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.157%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5380−0.010%$2.8M$14.0M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5384+0.013%$605K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5392+0.065%$480K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5386+0.026%$9K$400K20xas long as short
Nado XRP-PERP+0.0100%1h1.5394+0.081%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5392+0.065%$300.0M$267.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5386+0.026%$39.4M$81.9M100xas long as short
Pacifica XRP+0.0100%1h1.5404+0.142%$596K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5377−0.030%$536.2M$2.09B100xas long as short
Bybit XRPUSDTlong+0.0100%8h1.5382long leg$364.7M$893.6M100x
OKX XRP-USDT-SWAP+0.0100%8h1.5381−0.007%$124.9M$841.8M100xas long as short
Arcus XRP-USD+0.0100%1h1.5399+0.111%$165K$684K20xas long as short
Gate XRP_USDTshort+0.0100%8h1.5385+0.020%$383.6M$155.6M100x
MEXC XRP_USDT+0.0100%8h1.5378−0.026%$309.7M$885.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5382−0.002%$106.9M$181.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5380−0.013%$272.8M$358.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5377−0.033%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5390+0.051%$5.0M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5392+0.068%$669K$110.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5425+0.279%$1.1M$31.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5405+0.150%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5392+0.068%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5385+0.020%$53K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5384+0.016%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5384+0.013%$84K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5384+0.013%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5378−0.027%$50.1M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5384+0.013%$54.8M$33.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5369−0.083%$1.6M$25K20xas long as short
Extended XRP-USD+0.0104%1h1.5377−0.031%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5377−0.033%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5385+0.020%$5.5M$44.9M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5403+0.139%$17K$76K7xas long as short
Backpack XRP_USDC_PERP+0.0120%1h1.5390+0.052%$2.0M$1.2M25xas long as short
Kalshi KXXRPPERP+0.0142%8h1.5400+0.117%$1.9M$34.8M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0168% / S −0.0366%1h1.5401+0.124%$610K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5399+0.111%$23.9M$78.9M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5377−0.033%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5391+0.061%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0433%1h1.5404+0.142%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5410+0.182%$69K$108K15xas long as short