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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.112%
Price spread now: RISEx against Extended+0.119%57s7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$150.153% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.330%+$33 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.119%, 7d avg +0.077%
Together, before fees+0.392%+ Points / potential airdropExtended: Active · farm board+$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.042% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.077%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.53650.0104pay 0.0013% / 1h55m 26s$2.2M$6.2M50x
ShortRISEx XRP/USDC1.53840.0239get 0.0030% / 1h55m 26s$514K$739K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$28.44
Price spread: +0.119% → +0.077%
$4.23
Slippage, 4 orders
−$4.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$17.34
Costs to cover
0.153%
Break-even
2.7 days
Slippage from Extended: live order book, 2 min ago; RISEx: live order book, 56 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 ago0.32 bp2.8 bp −$35.3 bp −$53doesn't fitdoesn't fit
Sell RISEx live order book, 56 min ago1.60 bp4.6 bp −$510.6 bp −$106doesn't fitdoesn't fit

XRP on 50 exchanges

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%1h1.5403+0.245%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5369+0.024%$14.1M$71.6M50xas long as short
dYdX XRP-USD0.0000%1h1.5367+0.010%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5371+0.036%$7.9M$21.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5383+0.112%$246K150xas long as short
01 Exchange XRPUSD+0.0016%1h1.5367+0.010%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.266%$2K$107K30xas long as short
SoDEX XRP-USD+0.0051%1h1.5365−0.003%$30K$1.5M10xas long as short
Ondo Perps XRP-USD.P+0.0079%1h1.5389+0.153%$565K$37K5xas long as short
Lighter XRP+0.0096%1h1.5371+0.038%$2.8M$14.0M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5376+0.069%$601K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5374+0.058%$479K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5365−0.003%$9K$400K20xas long as short
Nado XRP-PERP+0.0100%1h1.5368+0.020%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5380+0.095%$299.8M$267.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5368+0.020%$39.3M$81.7M100xas long as short
Pacifica XRP+0.0100%1h1.5374+0.056%$594K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5370+0.030%$536.0M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5373+0.049%$364.6M$890.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5372+0.043%$124.9M$840.0M100xas long as short
Arcus XRP-USD+0.0100%1h1.5376+0.069%$165K$684K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.088%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5374+0.056%$383.9M$155.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5368+0.017%$310.4M$885.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5369+0.025%$106.9M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5368+0.017%$272.6M$357.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5370+0.030%$103.5Mas long as short
Variational Omni XRP+0.0100%8h1.5375+0.060%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5375+0.064%$668K$109.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5385+0.130%$1.1M$30.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5406+0.264%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5372+0.041%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5369+0.023%$53K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5371+0.036%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5370+0.030%$84K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5370+0.030%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5378+0.084%$50.1M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5372+0.043%$54.8M$33.3M50xas long as short
Backpack XRP_USDC_PERP+0.0101%1h1.5375+0.062%$2.0M$1.2M25xas long as short
Extended XRP-USDlong+0.0104%1h1.5365long leg$2.2M$6.2M50x
Aevo XRP-PERP+0.0104%1h1.5364−0.013%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5372+0.043%$5.5M$44.7M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5373+0.049%$17K$76K7xas long as short
Kalshi KXXRPPERP+0.0141%8h1.5384+0.121%$1.9M$34.9M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0171% / S −0.0376%1h1.5367+0.013%$609K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5380+0.095%$23.9M$78.8M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5365−0.003%$1.4M$1K15xas long as short
RISEx XRP/USDCshort+0.0239%1h1.5384+0.119%$514K$739K10x
Aftermath Perps XRPUSD+0.0429%1h1.5392+0.171%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5390+0.160%$69K$108K15xas long as short