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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit0.000%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days+0.005%$0 · spread now 0.000%, 7d avg 0.000%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XRPUSDT1.51220.0100pay 0.0100% / 8h2h 13m$343.9M$965.1M100x
ShortOKX XRP-USDT-SWAP1.51220.0100get 0.0100% / 8h2h 13m$126.6M$886.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: 0.000% → 0.000%
$0.01
Slippage, 4 orders
−$3.46
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$24.45
Costs to cover
0.245%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; OKX: live order book, 6 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, 6 min ago0.33 bp5.8 bp −$66.6 bp −$6611.9 bp −$1,19127.5 bp −$13.8K
Sell OKX live order book, 6 min ago0.33 bp5.3 bp −$56.6 bp −$6614.3 bp −$1,42830.8 bp −$15.4K

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%1h1.5099−0.152%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5118−0.027%$14.2M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5115−0.048%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5090−0.212%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5120−0.012%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.896%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0072% / S −0.0016%1h1.5122−0.002%$797K200xas long as short
01 Exchange XRPUSD+0.0088%1h1.5127+0.033%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5119−0.019%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5121−0.007%$546K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5115−0.046%$10K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5112−0.063%$981K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5123+0.006%$38.4M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5119−0.020%$601K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5124+0.013%$526.0M$2.21B100xas long as short
Bybit XRPUSDTlong+0.0100%8h1.5122long leg$343.9M$965.1M100x
OKX XRP-USDT-SWAPshort+0.0100%8h1.51220.000%$126.6M$886.0M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5088−0.225%$561K$34K5xas long as short
Arcus XRP-USD+0.0100%1h1.5129+0.046%$144K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5026−0.632%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5125+0.020%$371.8M$160.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5124+0.013%$295.8M$925.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5124+0.015%$106.8M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5124+0.013%$265.6M$398.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5123+0.007%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5072−0.331%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5079−0.283%$655K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5088−0.225%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5085−0.245%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5121−0.007%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5130+0.053%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5125+0.019%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.51220.000%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5112−0.065%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5099−0.150%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5115−0.046%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5108−0.093%$49.4M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5109−0.086%$53.9M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5129+0.047%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5117−0.030%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5114−0.052%$58K$25K3xas long as short
Hyperliquid XRP+0.0122%1h1.5140+0.119%$289.1M$262.3M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5119−0.020%$7.7M$25.5M50xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5121−0.007%$5.7M$48.6M50xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5102−0.135%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0196%1h1.5124+0.013%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0201%8h1.5117−0.033%$1.7M$35.7M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5121−0.005%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5086−0.238%$23.2M$77.1M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5126+0.025%$520K$787K10xas long as short
Aftermath Perps XRPUSD+0.0587%1h1.5080−0.280%$2K$16K10xas long as short