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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.031%
Price spread now: dYdX against Extended−0.163%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$520.525% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.231%−$23 on $10k
Price spread, last 7 days+0.302%+$30 · spread now −0.163%, 7d avg +0.042%
Together, before fees+0.071%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.204% cheaper against Extended than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.52490.0104pay 0.0013% / 1h51m 59s$2.0M$6.8M50x
ShortdYdX XRP-USD1.52240get 0.0000% / 1h51m 59s$1.1M$111K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21.84
Price spread: −0.163% → +0.042%
−$20.42
Slippage, 4 orders
−$37.46
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$94.71
Costs to cover
0.525%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; dYdX: live order book, 2 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, 2 min ago0.33 bp2.8 bp −$35.4 bp −$54doesn't fitdoesn't fit
Sell dYdX live order book, 2 min ago17.80 bp22.8 bp −$2322.8 bp −$22855.4 bp −$5,540109.9 bp −$55.0K

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%1h1.5209−0.264%$5K$3K20xas long as short
dYdX XRP-USDshort0.0000%1h1.5224−0.163%$1.1M$111K10x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5226−0.154%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5226−0.152%$7.8M$25.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0021%1h1.5219−0.197%$14.4M$74.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.038%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0050% / S +0.0017%1h1.5224−0.169%$782K200xas long as short
Lighter XRP+0.0096%1h1.5222−0.176%$2.9M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5237−0.080%$500K$3.3M20xas long as short
Orderly PERP_XRP_USDC+0.0097%8h1.5229−0.133%$62K$934K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0098%8h1.5238−0.074%$12K$338K20xas long as short
Nado XRP-PERP+0.0100%1h1.5243−0.042%$1.1M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5249+0.001%$38.6M$84.3M100xas long as short
Pacifica XRP+0.0100%1h1.5230−0.129%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5248−0.006%$536.0M$2.14B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5252+0.018%$349.1M$940.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5251+0.012%$127.8M$888.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5174−0.493%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5245−0.028%$119K$706K20xas long as short
Bulk XRP-USD+0.0100%1h1.5181−0.447%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5246−0.021%$373.2M$153.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5249−0.002%$291.6M$897.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5264+0.096%$109.2M$176.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5254+0.031%$269.9M$388.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5253+0.025%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5139−0.724%$4.8M$38.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5166−0.543%$659K$109.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5138−0.729%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5184−0.428%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5225−0.161%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5232−0.113%$44K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5227−0.145%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5228−0.142%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5231−0.120%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5225−0.159%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5233−0.103%$49.8M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5226−0.152%$54.3M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5228−0.142%$475K$55K50xas long as short
Extended XRP-USDlong+0.0104%1h1.5249long leg$2.0M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5224−0.167%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5248−0.008%$9K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5225−0.159%$5.6M$47.5M50xas long as short
Hyperliquid XRP+0.0197%1h1.5256+0.046%$291.5M$233.3M20xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5232−0.112%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5200−0.323%$24.2M$76.2M125xas long as short
Hibachi XRP/USDT-P+0.0232%1h1.5206−0.281%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0309%8h1.5231−0.120%$2.0M$35.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0315%1h1.5247−0.015%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0358%1h1.5246−0.022%$519K$773K10xas long as short
Phoenix XRP+0.0528%1h1.5160−0.585%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0646%1h1.5172−0.507%$2K$15K10xas long as short