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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.010%
Price spread now: Orderly against Extended+0.003%7-day average +0.023% · 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 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.003%, 7d avg +0.023%
Together, before fees−0.337%+ Points / potential airdropExtended: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51310.0104pay 0.0013% / 1h46m 04s$2.0M$6.8M50x
ShortOrderly PERP_XRP_USDC1.51320.0079get 0.0079% / 8h4h 46m$62K$935K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$5.24
Price spread: +0.003% → +0.023%
−$1.96
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18.2
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Orderly: 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, 3 min ago0.33 bp2.8 bp −$35.6 bp −$56doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h1.5119−0.083%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5133+0.012%$14.2M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5125−0.042%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5120−0.076%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5122−0.061%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5138+0.043%$7.7M$25.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.832%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0038% / S +0.0032%1h1.5121−0.071%$787K200xas long as short
01 Exchange XRPUSD+0.0048%1h1.5128−0.023%$8K$8K10xas long as short
Orderly PERP_XRP_USDCshort+0.0079%8h1.5132+0.003%$62K$935K50x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5135+0.024%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5137+0.036%$509K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5118−0.089%$10K$318K20xas long as short
Nado XRP-PERP+0.0100%1h1.5130−0.013%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5142+0.069%$281.2M$225.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5127−0.032%$38.3M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5133+0.008%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5134+0.019%$533.1M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5134+0.017%$344.4M$931.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5137+0.036%$125.6M$873.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5108−0.155%$562K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5114−0.116%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.217%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5133+0.010%$369.3M$152.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5134+0.017%$296.8M$895.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5133+0.009%$107.8M$173.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5132+0.003%$267.6M$383.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5120−0.076%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5129−0.018%$5.4M$37.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5107−0.162%$656K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5112−0.130%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5111−0.135%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5126−0.036%$43K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5126−0.039%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5133+0.009%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5130−0.007%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5136+0.030%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5132+0.007%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5133+0.010%$54.0M$30.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5131−0.001%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5124−0.052%$11K10xas long as short
Extended XRP-USDlong+0.0104%1h1.5131long leg$2.0M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5132+0.003%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5109−0.148%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0156%1h1.5143+0.076%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5138+0.043%$5.6M$47.0M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5119−0.082%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5111−0.135%$24.2M$75.8M125xas long as short
Kalshi KXXRPPERP+0.0320%8h1.5128−0.023%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5131−0.004%$515K$780K10xas long as short
Aftermath Perps XRPUSD+0.0675%1h1.5131−0.005%$2K$15K10xas long as short