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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.084%
Price spread now: GMX against Extended+0.058%7-day average +0.048% · 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 4 days (all we have)−0.263%−$26 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.058%, 7d avg +0.048%
Together, before fees−0.220%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.55250.0104pay 0.0013% / 1h3m 59s$2.1M$5.9M50x
ShortGMX XRP/USD [ETH-USDC]1.5534L +0.0142% / S −0.0108%get 0.0013% / 1h3m 59s$832K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$0.75
Price spread: +0.058% → +0.048%
$0.99
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$15.27
Costs to cover
0.170%
Break-even
150.4 days
Slippage unknown: Extended: live order book, 5 min ago; GMX: 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, 5 min ago0.32 bp3.0 bp −$35.1 bp −$51doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 50 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
Kraken Futures PF_XRPUSD−0.0168%1h1.5542+0.108%$14.3M$73.7M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5519−0.038%$5K$3K20xas long as short
Phoenix XRP0.0000%1h1.5490−0.225%$70K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5536+0.072%$252K150xas long as short
dYdX XRP-USD+0.0005%1h1.5532+0.046%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0007%1h1.5545+0.129%$8.1M$22.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.226%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0064%1h1.5496−0.190%$18K$78K7xas long as short
01 Exchange XRPUSD+0.0072%1h1.5536+0.071%$9K$2K10xas long as short
Lighter XRP+0.0096%1h1.5542+0.111%$2.8M$14.8M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5539+0.090%$629K$3.1M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5533+0.052%$20K$378K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5532+0.045%$484K$52K50xas long as short
Nado XRP-PERP+0.0100%1h1.5524−0.003%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5533+0.053%$39.3M$82.8M100xas long as short
Pacifica XRP+0.0100%1h1.5527+0.015%$629K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5538+0.084%$543.2M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5534+0.058%$360.8M$907.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5533+0.052%$126.4M$852.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5449−0.489%$567K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5548+0.148%$163K$699K20xas long as short
Bulk XRP-USD+0.0100%1h1.5432−0.597%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5534+0.058%$390.9M$160.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5533+0.052%$318.3M$940.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5541+0.107%$110.0M$180.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5531+0.039%$275.4M$361.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5528+0.020%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5506−0.123%$4.9M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5451−0.477%$683K$113.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5489−0.234%$1.1M$32.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5468−0.367%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5525+0.001%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5532+0.045%$53K$502K20xas long as short
Bullet XRP-USD+0.0100%1h1.5537+0.078%$42K$66K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5541+0.103%$79K$646K50xas long as short
SunX XRP-USDT+0.0100%8h1.5544+0.123%$130K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5539+0.090%$31K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5535+0.064%$50.6M$14.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5537+0.078%$55.2M$33.2M50xas long as short
Extended XRP-USDlong+0.0104%1h1.5525long leg$2.1M$5.9M50x
Aevo XRP-PERP+0.0104%1h1.5539+0.094%$60K$25K3xas long as short
GMX XRP/USD [ETH-USDC]shortL +0.0142% / S −0.0108%1h1.5534+0.058%$832K200x
Coinbase International XRP-PERP-INTX+0.0160%1h1.5541+0.103%$5.4M$46.9M50xas long as short
Kalshi KXXRPPERP+0.0171%8h1.5530+0.032%$1.8M$33.0M2.9xas long as short
Hyperliquid XRP+0.0197%1h1.5547+0.142%$299.2M$265.1M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5514−0.071%$23.9M$79.0M125xas long as short
Reya XRPRUSDPERP+0.0222%1h1.5524−0.005%$1.4M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0241%1h1.5545+0.129%$2.0M$1.3M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5541+0.106%$524K$797K10xas long as short
Aftermath Perps XRPUSD+0.0489%1h1.5441−0.541%$3K$15K10xas long as short