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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Bullet against gTrade (Gains Network)+0.030%61s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bullet is 0.030% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XRP/USD1.5135L +0.0003% / S −0.0004%pay 0.0000% / 1h20m 32s$245K150x
ShortBullet XRP-USD1.51400.0100get 0.0013% / 1h20m 32s$41K$69K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against gTrade (Gains Network). 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
$20.3
Price spread: +0.030% → 0.000%
$3.04
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
$5.34
Costs to cover
0.180%
Break-even
5.2 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 18 min ago; Bullet: 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 gTrade (Gains Network) virtual book (oracle venue), 18 min ago130.05 bp135.1 bp −$135208.0 bp −$2,0801906.1 bp −$190.6K9819.7 bp −$4.91M
Sell Bullet no order-book sample
Bullet: 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%1h1.5133−0.015%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5143+0.050%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDlongL +0.0003% / S −0.0004%1h1.5135long leg$245K150x
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5140+0.032%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.807%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5137+0.009%$14.5M$73.8M50xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5139+0.024%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5144+0.061%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5147+0.078%$603K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5144+0.058%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5147+0.081%$997K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5154+0.124%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5146+0.070%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5154+0.124%$528.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5150+0.098%$349.1M$953.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5151+0.104%$127.0M$865.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5139+0.025%$563K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5155+0.131%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.190%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5146+0.071%$375.3M$162.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5146+0.071%$306.7M$926.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5141+0.041%$106.4M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5143+0.052%$268.3M$389.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5141+0.038%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5131−0.029%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5115−0.132%$657K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5115−0.133%$1.1M$34.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5118−0.114%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5152+0.108%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5144+0.058%$52K$515K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5140+0.030%$41K$69K20x
Orderly PERP_XRP_USDC+0.0100%8h1.5136+0.005%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5138+0.016%$814K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5142+0.042%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5135−0.001%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5142+0.047%$49.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5138+0.018%$53.9M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5152+0.110%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5141+0.040%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5154+0.124%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5136+0.009%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0105% / S −0.0067%1h1.5136+0.008%$772K200xas long as short
Hyperliquid XRP+0.0137%1h1.5156+0.137%$289.3M$267.9M20xas long as short
Backpack XRP_USDC_PERP+0.0154%1h1.5147+0.078%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0172%8h1.5144+0.058%$1.8M$34.1M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5140+0.032%$5.6M$47.9M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5135−0.001%$23.7M$77.6M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5129−0.040%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5155+0.129%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5150+0.098%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0620%1h1.5145+0.065%$2K$16K10xas long as short