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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Derive+0.009%7-day average +0.013% · 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 7 days−0.099%−$10 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now +0.009%, 7d avg +0.013%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XRP-PERP1.50780.0100pay 0.0013% / 1h35m 05s$811K$72K10x
ShortKuCoin XRPUSDTM1.50800.0100get 0.0100% / 8h2h 35m$106.7M$180.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Derive. 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: +0.009% → +0.013%
−$0.38
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$18.38
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; KuCoin: live order book, 9 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 Derive no order-book sample
Sell KuCoin live order book, 9 min ago0.03 bp10.6 bp −$1113.3 bp −$133doesn't fitdoesn't fit
Derive: 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%1h1.5077−0.008%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5079+0.004%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.50780.000%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070−0.055%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5084+0.038%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5077−0.005%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.195%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5077−0.007%$789K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5081+0.018%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5078+0.001%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5080+0.012%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5066−0.081%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5077−0.006%$917K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5075−0.022%$289.1M$258.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5057−0.138%$38.4M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5081+0.020%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5055−0.152%$527.8M$2.19B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5051−0.181%$341.8M$957.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5051−0.181%$124.6M$891.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.280%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5082+0.025%$136K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057−0.142%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5069−0.061%$369.1M$157.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5070−0.055%$288.0M$911.2M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5080+0.009%$106.7M$180.4M75x
Bitget XRPUSDT+0.0100%8h1.5067−0.075%$266.2M$396.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5066−0.081%$105.6Mas long as short
Variational Omni XRP+0.0100%8h1.5067−0.074%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056−0.147%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067−0.075%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062−0.108%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5078+0.002%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5082+0.025%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5077−0.012%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5080+0.012%$62K$934K50xas long as short
Derive XRP-PERPlong+0.0100%1h1.5078long leg$811K$72K10x
SunX XRP-USDT+0.0100%8h1.5084+0.041%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5080+0.012%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5080+0.010%$49.3M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5075−0.022%$53.7M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5085+0.046%$470K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5077−0.006%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.50780.000%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0123%8h1.5083+0.032%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0176%1h1.5077−0.008%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5085+0.045%$5.6M$48.5M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5065−0.088%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5078−0.001%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.005%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5082+0.023%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0599%1h1.5069−0.064%$2K$15K10xas long as short