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+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.018%
Price spread now: 01 Exchange against Derive+0.020%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 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.020% dearer against Derive than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XRP-PERP1.53740.0100pay 0.0013% / 1h22m 56s$828K$70K10x
Short01 Exchange XRPUSD1.53770.0136get 0.0017% / 1h22m 56s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$7.56
Price spread: +0.020% → 0.000%
$2.02
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$3.42
Costs to cover
0.130%
Break-even
10.2 days
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample
Sell 01 Exchange no order-book sample
Derive and 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%1h1.5341−0.214%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5337−0.241%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5320−0.351%$68K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5360−0.092%$261K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.546%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0046%8h1.5372−0.012%$179K$788K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0072% / S +0.0185%1h1.5358−0.104%$905K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0075%1h1.5382+0.053%$9.3M$24.1M50xas long as short
Lighter XRP+0.0096%1h1.5380+0.040%$3.0M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5381+0.046%$446K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5384+0.063%$1.1M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5396+0.146%$39.1M$71.9M100xas long as short
Pacifica XRP+0.0100%1h1.5339−0.227%$668K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5404+0.194%$550.7M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5385+0.072%$344.5M$839.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5386+0.079%$124.4M$837.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5297−0.500%$569K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5358−0.103%$115K$647K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−1.124%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5402+0.183%$368.4M$131.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5401+0.176%$290.2M$808.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5390+0.105%$113.1M$147.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5400+0.170%$267.6M$340.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5403+0.189%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5321−0.344%$6.3M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5269−0.681%$665K$95.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5309−0.425%$1.1M$41.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5280−0.611%$1.0M$850K50xas long as short
Vest XRP-PERP+0.0100%1h1.5362−0.075%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5386+0.079%$49K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5359−0.099%$42K$59K20xas long as short
Derive XRP-PERPlong+0.0100%1h1.5374long leg$828K$70K10x
SunX XRP-USDT+0.0100%8h1.5340−0.218%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5378+0.027%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5371−0.022%$50.5M$14.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5369−0.032%$54.8M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5337−0.242%$478K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5373−0.006%$11K$235K20xas long as short
Extended XRP-USD+0.0104%1h1.5398+0.159%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.53740.000%$72K$40K3xas long as short
01 Exchange XRPUSDshort+0.0136%1h1.5377+0.020%$8K$8K10x
Backpack XRP_USDC_PERP+0.0160%1h1.5397+0.150%$1.7M$927K25xas long as short
Kraken Futures PF_XRPUSD+0.0169%1h1.5377+0.017%$15.5M$63.8M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5388+0.092%$5.4M$44.0M50xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5371−0.019%$1.4M$10K15xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5364−0.064%$1.7M$31.6M2.9xas long as short
BloFin XRP-USDT+0.0220%8h1.5373−0.006%$23.9M$67.5M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5334−0.257%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5379+0.032%$405K$497K10xas long as short
Hyperliquid XRP+0.0476%1h1.5402+0.183%$283.3M$184.5M20xas long as short
Aftermath Perps XRPUSD+0.0532%1h1.5301−0.477%$1K$11K10xas long as short