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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Gate−0.541%96s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days+0.565%+$56 · spread now −0.541%, 7d avg +0.013%
Together, before fees+0.611%+ Points / potential airdropGRVT: Active · farm board+$61 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.555% cheaper against Gate than usual: you would sell low and buy high, −$55 on $10k if it goes back to its 7-day average of +0.013%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.56430.0100pay 0.0100% / 8h55m 46s$375.4M$142.3M100x
ShortGRVT XRP_USDT_Perp1.55580.0100get 0.0100% / 8h55m 46s$1.1M$41.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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
Price spread: −0.541% → +0.013%
−$55.47
Slippage, 4 orders
−$5.07
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$84.55
Costs to cover
0.291%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; GRVT: 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 Gate live order book, 3 min ago0.64 bp9.1 bp −$912.1 bp −$12128.6 bp −$2,86342.4 bp −$21.2K
Sell GRVT live order book, 3 min ago0.32 bp4.8 bp −$510.8 bp −$10867.3 bp −$6,730doesn'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%1h1.5604−0.249%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5606−0.238%$1.1M$113K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0003% / S +0.0109%1h1.5621−0.138%$859K200xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5623−0.126%$261K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0006%1h1.5635−0.051%$9.6M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5636−0.046%$15.7M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0055%8h1.5628−0.096%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.531%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5634−0.061%$3.0M$12.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5638−0.032%$446K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5614−0.182%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5645+0.013%$39.7M$79.6M100xas long as short
Pacifica XRP+0.0100%1h1.5613−0.192%$643K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5645+0.010%$562.4M$2.00B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5647+0.026%$349.0M$908.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5647+0.026%$128.1M$891.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5593−0.320%$580K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5614−0.185%$119K$748K20xas long as short
Gate XRP_USDTlong+0.0100%8h1.5643long leg$375.4M$142.3M100x
MEXC XRP_USDT+0.0100%8h1.5642−0.006%$308.1M$857.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5644+0.004%$114.3M$161.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5649+0.038%$273.7M$368.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5645+0.013%$120.1Mas long as short
Variational Omni XRP+0.0100%8h1.5530−0.720%$11.6M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5558−0.545%$679K$102.4M30xas long as short
GRVT XRP_USDT_Perpshort+0.0100%8h1.5558−0.541%$1.1M$41.0M20x
ApeX Omni XRPUSDT+0.0100%1h1.5549−0.601%$1.0M$884K50xas long as short
Vest XRP-PERP+0.0100%1h1.5606−0.236%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5626−0.109%$46K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5623−0.128%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5630−0.085%$841K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5637−0.038%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5632−0.070%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5631−0.077%$51.3M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5631−0.077%$55.6M$29.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5562−0.521%$1.7M$573K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5610−0.210%$487K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5617−0.166%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5641−0.014%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5632−0.070%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5618−0.160%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5624−0.118%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5596−0.300%$24.5M$74.3M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5642−0.006%$6.0M$48.0M50xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5591−0.333%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5621−0.141%$2.0M$33.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0390%1h1.5647+0.026%$1.7M$1.0M25xas long as short
Phoenix XRP+0.0516%1h1.5530−0.722%$69K$89K15xas long as short
Hyperliquid XRP+0.0616%1h1.5666+0.147%$296.0M$208.4M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5623−0.130%$509K$632K10xas long as short
Aftermath Perps XRPUSD+0.0771%1h1.5569−0.472%$1K$11K10xas long as short