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−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Extended−1.607%100s7-day average · you buy dearer than you sell
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 7 days+0.064%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.607% cheaper against Extended than usual: you would sell low and buy high (−$161 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.55400.0104pay 0.0013% / 1h33m 34s$2.2M$7.1M50x
ShortInjective XRP/USDC PERP1.52900.0033get 0.0004% / 1h33m 34s$2K$86K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14.84
Price spread: −1.607% → 0.000%
−$160.69
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$180.55
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 5 min ago; Injective: 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 −$34.8 bp −$48doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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%1h1.5537−0.017%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5530−0.063%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5542+0.015%$9.6M$25.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5532−0.051%$260K150xas long as short
Injective XRP/USDC PERPshort+0.0033%1h1.5290−1.607%$2K$86K30x
Kraken Futures PF_XRPUSD+0.0041%1h1.5545+0.036%$15.6M$68.4M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5541+0.008%$78K$941K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0130%1h1.5530−0.063%$915K200xas long as short
Lighter XRP+0.0096%1h1.5540+0.001%$3.0M$12.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5535−0.030%$455K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5496−0.278%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5535−0.030%$39.3M$77.3M100xas long as short
Pacifica XRP+0.0100%1h1.5542+0.012%$671K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5529−0.066%$559.2M$1.95B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5530−0.062%$348.6M$886.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5526−0.088%$127.4M$872.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5544+0.028%$580K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5542+0.015%$117K$735K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683+0.922%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5536−0.024%$375.3M$138.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5543+0.021%$290.2M$841.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5531−0.057%$113.9M$157.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5542+0.015%$270.7M$359.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5539−0.005%$117.0Mas long as short
Variational Omni XRP+0.0100%8h1.5595+0.354%$11.8M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5564+0.154%$677K$100.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5554+0.095%$1.1M$41.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5582+0.272%$1.0M$881K50xas long as short
Vest XRP-PERP+0.0100%1h1.5515−0.160%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5500−0.255%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5504−0.229%$42K$64K20xas long as short
Derive XRP-PERP+0.0100%1h1.5542+0.014%$837K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5509−0.198%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5541+0.008%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5525−0.094%$51.0M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5540+0.002%$55.4M$29.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5531−0.056%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5536−0.024%$12K$250K20xas long as short
Extended XRP-USDlong+0.0104%1h1.5540long leg$2.2M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5541+0.007%$72K$40K3xas long as short
Hibachi XRP/USDT-P+0.0144%1h1.5580+0.262%$18K$81K7xas long as short
01 Exchange XRPUSD+0.0168%1h1.5543+0.021%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5495−0.288%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5552+0.079%$5.8M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5551+0.073%$24.5M$73.2M125xas long as short
Backpack XRP_USDC_PERP+0.0273%1h1.5549+0.060%$1.8M$988K25xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5543+0.021%$1.9M$32.5M2.9xas long as short
Phoenix XRP+0.0516%1h1.5600+0.388%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5548+0.055%$510K$622K10xas long as short
Hyperliquid XRP+0.0606%1h1.5559+0.124%$290.8M$200.4M20xas long as short
Aftermath Perps XRPUSD+0.0697%1h1.5607+0.432%$1K$11K10xas long as short