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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.028%
Price spread now: 01 Exchange against Deribit+0.138%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 4 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.138% dearer against Deribit than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit XRP_USDC-PERPETUAL1.52620get 0.0000% / 1h50m 33s$7.6M$19.9M50x
Short01 Exchange XRPUSD1.52830.0072get 0.0009% / 1h50m 33s$9K$98710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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
$15.12
Price spread: +0.138% → 0.000%
$13.76
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$14.88
Costs to cover
0.140%
Break-even
0.1 days
Slippage unknown: Deribit: live order book, 2 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 Deribit live order book, 2 min ago1.31 bp4.8 bp −$56.5 bp −$65doesn't fitdoesn'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 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%1h1.5360+0.642%$5K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.0077%1h1.5260−0.013%$13.7M$68.4M50xas long as short
dYdX XRP-USD0.0000%1h1.5260−0.010%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5310+0.315%$68K$102K15xas long as short
Deribit XRP_USDC-PERPETUALlong0.0000%1h1.5262long leg$7.6M$19.9M50x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5260−0.012%$241K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.953%$2K$107K30xas long as short
01 Exchange XRPUSDshort+0.0072%1h1.5283+0.138%$9K$98710x
Hibachi XRP/USDT-P+0.0080%1h1.5281+0.124%$17K$69K7xas long as short
Lighter XRP+0.0096%1h1.5254−0.051%$2.7M$13.4M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5260−0.013%$590K$3.0M20xas long as short
Coinbase International XRP-PERP-INTX+0.0096%1h1.5261−0.007%$5.4M$41.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5260−0.014%$476K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5268+0.039%$10K$411K20xas long as short
Nado XRP-PERP+0.0100%1h1.5265+0.016%$845K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5265+0.020%$296.4M$260.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5287+0.166%$38.8M$79.1M100xas long as short
Pacifica XRP+0.0100%1h1.5259−0.021%$587K$985K20xas long as short
Binance XRPUSDT+0.0100%8h1.5291+0.190%$532.1M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5292+0.197%$359.3M$852.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5291+0.190%$123.7M$816.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5273+0.072%$561K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5286+0.157%$163K$689K20xas long as short
Bulk XRP-USD+0.0100%1h1.5312+0.325%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5258−0.026%$376.0M$156.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5257−0.033%$314.6M$875.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5257−0.032%$103.9M$179.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5270+0.052%$269.7M$346.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5272+0.066%$98.1Mas long as short
Variational Omni XRP+0.0100%8h1.5256−0.036%$4.9M$37.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5305+0.281%$665K$105.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5301+0.256%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5316+0.354%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5270+0.052%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5264+0.013%$52K$469K20xas long as short
Bullet XRP-USD+0.0100%1h1.5261−0.009%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5258−0.026%$83K$601K50xas long as short
Derive XRP-PERP+0.0100%1h1.5260−0.013%$821K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5270+0.050%$128K$1.4M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5255−0.046%$29K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5259−0.020%$49.7M$13.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5258−0.026%$54.5M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5264+0.015%$2.2M$5.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5253−0.059%$59K$25K3xas long as short
Kalshi KXXRPPERP+0.0111%8h1.5275+0.085%$1.9M$35.5M2.9xas long as short
Backpack XRP_USDC_PERP+0.0151%1h1.5268+0.039%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5256−0.039%$23.7M$77.1M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5257−0.035%$1.3M$1K15xas long as short
GMX XRP/USD [ETH-USDC]L +0.0257% / S −0.0509%1h1.5260−0.011%$877K200xas long as short
RISEx XRP/USDC+0.0300%1h1.5285+0.153%$506K$723K10xas long as short
Aftermath Perps XRPUSD+0.0393%1h1.5297+0.232%$3K$13K10xas long as short