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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Extended+0.037%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$150.146% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.020%−$2 on $10k
Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.037%, 7d avg +0.022%
Together, before fees−0.103%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.53260.0104pay 0.0013% / 1h35m 41s$2.1M$7.1M50x
ShortSoDEX XRP-USD1.53320.0100get 0.0013% / 1h35m 41s$29K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.037% → +0.022%
$1.54
Slippage, 4 orders
−$1.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$13.86
Costs to cover
0.146%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; SoDEX: live order book, 3 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, 3 min ago0.33 bp2.8 bp −$34.8 bp −$48doesn't fitdoesn't fit
Sell SoDEX live order book, 3 min ago0.33 bp4.3 bp −$47.3 bp −$73doesn't fitdoesn't fit

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%1h1.5333+0.044%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5320−0.041%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5328+0.013%$256K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5333+0.044%$9.3M$25.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0012% / S +0.0082%1h1.5328+0.011%$841K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.525%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0062%8h1.5330+0.024%$58K$935K50xas long as short
Lighter XRP+0.0096%1h1.5327+0.002%$2.8M$13.9M20xas long as short
Lighter RH XRP+0.0096%1h1.5335+0.057%$514K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5336+0.063%$10K$279K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERP+0.0100%8h1.5324−0.016%$478K$54K50xas long as short
Nado XRP-PERP+0.0100%1h1.5338+0.080%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5325−0.007%$38.8M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5329+0.018%$620K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5327+0.004%$539.7M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5327+0.005%$341.4M$922.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5324−0.015%$124.8M$869.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.067%$571K$48K5xas long as short
Arcus XRP-USD+0.0100%1h1.5321−0.034%$118K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5296−0.199%$1.6M$517K20xas long as short
Gate XRP_USDT+0.0100%8h1.5323−0.021%$373.9M$149.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5322−0.028%$307.7M$901.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5325−0.006%$108.7M$165.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5316−0.067%$267.9M$375.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5320−0.041%$123.8Mas long as short
Variational Omni XRP+0.0100%8h1.5328+0.012%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5307−0.124%$665K$107.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5296−0.198%$1.1M$39.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5306−0.132%$1.0M$892K50xas long as short
Vest XRP-PERP+0.0100%1h1.5329+0.019%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5338+0.076%$49K$442K20xas long as short
Bullet XRP-USD+0.0100%1h1.5330+0.026%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5333+0.043%$825K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5341+0.095%$129K$1.8M30xas long as short
SoDEX XRP-USDshort+0.0100%1h1.5332+0.037%$29K$1.8M10x
HTX XRP-USDT+0.0100%8h1.5343+0.107%$50.3M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5339+0.083%$54.6M$29.6M50xas long as short
Extended XRP-USDlong+0.0104%1h1.5326long leg$2.1M$7.1M50x
01 Exchange XRPUSD+0.0104%1h1.5336+0.063%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5330+0.027%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5328+0.013%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5329+0.018%$24.0M$74.3M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5345+0.122%$5.8M$46.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0244%1h1.5336+0.066%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0285%1h1.5346+0.129%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5346+0.129%$2.1M$35.1M2.9xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5300−0.168%$17K$81K7xas long as short
Hyperliquid XRP+0.0405%1h1.5342+0.103%$289.7M$214.5M20xas long as short
Phoenix XRP+0.0520%1h1.5350+0.155%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0792%1h1.5329+0.019%$2K$12K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5343+0.106%$507K$755K10xas long as short