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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bullet against Extended+0.019%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.55970.0104pay 0.0013% / 1h50m 08s$2.1M$7.1M50x
ShortBullet XRP-USD1.56000.0100get 0.0013% / 1h50m 08s$42K$66K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
−$0.84
Price spread: +0.019% → 0.000%
$1.88
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$11.96
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 min ago; Bullet: 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 Extended live order book, 4 min ago0.32 bp2.8 bp −$35.0 bp −$50doesn't fitdoesn't fit
Sell Bullet no order-book sample
Bullet: 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%1h1.5636+0.247%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5606+0.055%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5690+0.593%$70K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5599+0.010%$9.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5602+0.030%$261K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0004% / S +0.0107%1h1.5601+0.023%$858K200xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5595−0.015%$15.7M$68.8M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5601+0.023%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.240%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5597−0.001%$3.0M$12.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5596−0.009%$444K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5598+0.003%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5602+0.032%$39.6M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5622+0.157%$643K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5596−0.009%$559.5M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5596−0.009%$347.3M$913.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5597−0.003%$127.5M$890.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5650+0.337%$582K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5604+0.042%$117K$753K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.229%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5596−0.009%$373.1M$143.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5598+0.003%$303.2M$863.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5597−0.004%$113.4M$162.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5597−0.003%$272.6M$369.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5594−0.022%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5634+0.231%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5645+0.306%$679K$102.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5674+0.493%$1.1M$41.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5691+0.600%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5615+0.114%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5609+0.074%$45K$451K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5600+0.019%$42K$66K20x
Derive XRP-PERP+0.0100%1h1.5603+0.037%$840K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5610+0.080%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5593−0.029%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5601+0.023%$51.2M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5596−0.009%$55.5M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5632+0.219%$487K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5621+0.151%$13K$264K20xas long as short
Extended XRP-USDlong+0.0104%1h1.5597long leg$2.1M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5601+0.025%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5617+0.125%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5604+0.040%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5625+0.177%$24.4M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5603+0.036%$5.9M$47.7M50xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5639+0.266%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0320%8h1.5634+0.234%$2.0M$33.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0378%1h1.5603+0.036%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0592%1h1.5618+0.132%$297.3M$207.6M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5617+0.127%$509K$632K10xas long as short
Aftermath Perps XRPUSD+0.0778%1h1.5631+0.216%$1K$11K10xas long as short