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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%
Price spread now: BloFin against Extended−0.108%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.107%+$11 on $10k
Price spread, last 3 days (all we have)−0.028%−$3 · spread now −0.108%, 7d avg +0.038%
Together, before fees+0.079%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.146% cheaper against Extended than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of +0.038%). If the spread goes back, that is −$15 on $10k: about 4.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.107% in total) that is about 9.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.55270.0104pay 0.0013% / 1h29m 00s$2.1M$7.1M50x
ShortBloFin XRP-USDT1.55100.0220get 0.0220% / 8h1h 29m$24.6M$73.4M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$24.36
Price spread: −0.108% → +0.038%
−$14.58
Slippage, 4 orders
−$9.65
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$16.88
Costs to cover
0.267%
Break-even
11.8 days
Slippage from Extended: live order book, 5 min ago; BloFin: live order book, 5 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 Extended live order book, 5 min ago0.32 bp4.1 bp −$46.9 bp −$69doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago3.86 bp9.9 bp −$1010.3 bp −$10315.9 bp −$1,59428.3 bp −$14.1K

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%1h1.5461−0.423%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5494−0.212%$1.1M$104K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5505−0.140%$259K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.525%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5511−0.100%$15.4M$68.8M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0051% / S +0.0124%1h1.5504−0.145%$1.1M200xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5510−0.108%$77K$942K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0072%1h1.5514−0.082%$9.5M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5521−0.039%$3.0M$12.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5520−0.043%$439K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5502−0.157%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5523−0.024%$39.5M$78.1M100xas long as short
Pacifica XRP+0.0100%1h1.5504−0.147%$638K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5525−0.011%$558.6M$1.96B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5523−0.024%$347.0M$891.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5524−0.017%$127.1M$876.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5515−0.075%$577K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5506−0.133%$118K$739K20xas long as short
Gate XRP_USDT+0.0100%8h1.5520−0.043%$373.9M$139.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5537+0.066%$292.2M$848.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5522−0.030%$113.3M$158.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5528+0.008%$270.7M$362.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5553+0.169%$117.5Mas long as short
Variational Omni XRP+0.0100%8h1.5485−0.271%$11.7M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5531+0.029%$674K$101.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5464−0.406%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5529+0.015%$1.0M$882K50xas long as short
Vest XRP-PERP+0.0100%1h1.5494−0.211%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5512−0.095%$45K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5506−0.132%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5514−0.084%$835K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5518−0.055%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5513−0.088%$29K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5499−0.180%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5520−0.043%$55.3M$29.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5477−0.322%$1.7M$578K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5492−0.223%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5505−0.140%$11K$255K20xas long as short
Extended XRP-USDlong+0.0104%1h1.5527long leg$2.1M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5511−0.101%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5510−0.108%$8K$8K10xas long as short
Hibachi XRP/USDT-P+0.0176%1h1.5475−0.331%$18K$81K7xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5502−0.161%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5516−0.069%$5.9M$47.0M50xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5510−0.108%$24.6M$73.4M125x
Backpack XRP_USDC_PERP+0.0253%1h1.5530+0.021%$1.8M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5503−0.153%$1.9M$32.7M2.9xas long as short
Phoenix XRP+0.0516%1h1.5480−0.301%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5515−0.078%$508K$629K10xas long as short
Hyperliquid XRP+0.0599%1h1.5539+0.079%$290.8M$202.4M20xas long as short
Aftermath Perps XRPUSD+0.0731%1h1.5535+0.051%$1K$11K10xas long as short