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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.06 per $10,000 · paid last 24h −0.010%
Price spread now: 01 Exchange against Coinbase International−0.039%7-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 feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.039% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XRP-PERP-INTX1.54720.0216pay 0.0027% / 1h29m 50s$5.8M$46.7M50x
Short01 Exchange XRPUSD1.54660.0168get 0.0021% / 1h29m 50s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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
−$10.08
Price spread: −0.039% → 0.000%
−$3.88
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$30.96
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; 01 Exchange: no order-book sample. 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 Coinbase International live order book, 4 min ago0.96 bp6.6 bp −$79.3 bp −$9324.3 bp −$2,434doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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%1h1.5461−0.071%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5453−0.126%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5466−0.039%$9.5M$25.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5468−0.025%$259K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.176%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0042%1h1.5467−0.035%$15.4M$68.5M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5465−0.045%$77K$942K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0125%1h1.5468−0.026%$911K200xas long as short
Lighter XRP+0.0096%1h1.5462−0.062%$3.0M$12.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5469−0.019%$438K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5457−0.094%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5473+0.006%$39.2M$77.8M100xas long as short
Pacifica XRP+0.0100%1h1.5462−0.067%$667K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5492+0.131%$557.9M$1.96B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5498+0.168%$345.9M$890.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5496+0.155%$126.6M$874.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5515+0.278%$577K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5462−0.065%$118K$737K20xas long as short
Gate XRP_USDT+0.0100%8h1.5487+0.097%$373.3M$139.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5488+0.103%$288.8M$845.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5488+0.103%$113.2M$158.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5495+0.149%$270.0M$361.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5482+0.065%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5485+0.081%$11.7M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5531+0.383%$674K$101.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5554+0.533%$1.1M$41.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5529+0.368%$1.0M$882K50xas long as short
Vest XRP-PERP+0.0100%1h1.5466−0.039%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5460−0.078%$45K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5473+0.006%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5470−0.011%$833K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5472+0.001%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5466−0.039%$29K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5453−0.126%$50.8M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5468−0.026%$55.1M$29.1M50xas long as short
Bulk XRP-USD+0.0100%1h1.5477+0.030%$1.7M$578K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5456−0.103%$482K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5457−0.097%$12K$251K20xas long as short
Extended XRP-USD+0.0104%1h1.5480+0.049%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5467−0.035%$72K$40K3xas long as short
01 Exchange XRPUSDshort+0.0168%1h1.5466−0.039%$8K$8K10x
Hibachi XRP/USDT-P+0.0168%1h1.5488+0.106%$18K$81K7xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5462−0.066%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTXlong+0.0216%1h1.5472long leg$5.8M$46.7M50x
BloFin XRP-USDT+0.0220%8h1.5470−0.013%$24.6M$73.1M125xas long as short
Backpack XRP_USDC_PERP+0.0245%1h1.5474+0.013%$1.8M$995K25xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5473+0.006%$1.9M$32.7M2.9xas long as short
Phoenix XRP+0.0516%1h1.5570+0.633%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5466−0.041%$506K$627K10xas long as short
Hyperliquid XRP+0.0596%1h1.5513+0.265%$290.3M$202.3M20xas long as short
Aftermath Perps XRPUSD+0.0726%1h1.5546+0.478%$1K$11K10xas long as short