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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.003%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 7 days+0.014%+$1 · spread now −0.003%, 7d avg +0.035%
Together, before fees−0.067%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.039% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.50430.0104pay 0.0013% / 1h38m 32s$1.9M$6.8M50x
ShortGate XRP_USDT1.50420.0100get 0.0100% / 8h2h 38m$371.1M$157.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.003% → +0.035%
−$3.88
Slippage, 4 orders
−$6.8
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$31.53
Costs to cover
0.268%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Gate: 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 ago0.33 bp3.1 bp −$35.7 bp −$57doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago0.33 bp10.0 bp −$1013.9 bp −$13928.7 bp −$2,86939.3 bp −$19.6K

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%1h1.5012−0.203%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5021−0.144%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5035−0.051%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5050+0.050%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5048+0.033%$257K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0016%1h1.5031−0.077%$7.6M$25.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.440%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5046+0.023%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5051+0.056%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5043+0.005%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5044+0.010%$494K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5038−0.030%$11K$358K20xas long as short
Nado XRP-PERP+0.0100%1h1.5052+0.066%$904K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5066+0.156%$289.1M$258.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5051+0.054%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5043+0.006%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5048+0.036%$529.1M$2.19B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5049+0.043%$341.7M$956.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5059+0.110%$124.1M$891.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.043%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5050+0.050%$136K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.096%$1.6M$30K20xas long as short
Gate XRP_USDTshort+0.0100%8h1.5042−0.003%$371.1M$157.0M100x
MEXC XRP_USDT+0.0100%8h1.5046+0.023%$290.5M$909.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5049+0.042%$106.2M$180.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5056+0.090%$266.3M$395.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5040−0.017%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5042−0.003%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5058+0.106%$654K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5020−0.150%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5055+0.083%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5058+0.103%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5045+0.017%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5026−0.110%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5025−0.114%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5032−0.067%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5026−0.110%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5023−0.129%$49.1M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5028−0.096%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5050+0.051%$469K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5049+0.041%$13K10xas long as short
Extended XRP-USDlong+0.0104%1h1.5043long leg$1.9M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5026−0.113%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0119%8h1.5026−0.110%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0150%1h1.5035−0.050%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5034−0.057%$5.6M$48.2M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5025−0.115%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5054+0.079%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5025−0.116%$23.5M$75.9M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5050+0.052%$513K$777K10xas long as short
Aftermath Perps XRPUSD+0.0614%1h1.5061+0.123%$2K$15K10xas long as short