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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.015%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days+0.026%+$3 · spread now −0.015%, 7d avg +0.008%
Together, before fees−0.005%$0 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: KuCoin is 0.023% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.51530.0100pay 0.0100% / 8h1h 31m$376.1M$160.2M100x
ShortKuCoin XRPUSDTM1.51510.0100get 0.0100% / 8h1h 31m$107.4M$181.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.015% → +0.008%
−$2.29
Slippage, 4 orders
−$10.27
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$39.56
Costs to cover
0.373%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 7 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, 2 min ago0.33 bp9.8 bp −$1013.6 bp −$13626.0 bp −$2,60136.9 bp −$18.5K
Sell KuCoin live order book, 7 min ago0.69 bp9.2 bp −$914.2 bp −$14244.4 bp −$4,444doesn'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%1h1.5168+0.099%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5159+0.039%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.112%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5147−0.043%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5152−0.007%$7.7M$24.9M50xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5150−0.023%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.686%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0084% / S −0.0033%1h1.5152−0.008%$799K200xas long as short
Lighter XRP+0.0096%1h1.5150−0.020%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5151−0.013%$544K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange XRPUSD+0.0096%1h1.5161+0.053%$8K$2K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.51530.000%$10K$371K20xas long as short
Nado XRP-PERP+0.0100%1h1.5149−0.023%$978K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.51530.000%$38.5M$87.8M100xas long as short
Pacifica XRP+0.0100%1h1.5159+0.041%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5156+0.017%$531.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5151−0.013%$345.6M$962.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5151−0.013%$127.2M$882.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151−0.013%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5162+0.059%$143K$714K20xas long as short
Gate XRP_USDTlong+0.0100%8h1.5153long leg$376.1M$160.2M100x
MEXC XRP_USDT+0.0100%8h1.5154+0.007%$300.1M$923.4M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5151−0.015%$107.4M$181.9M75x
Bitget XRPUSDT+0.0100%8h1.5152−0.007%$267.3M$397.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5149−0.026%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5146−0.047%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160+0.046%$660K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5158+0.033%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5169+0.106%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5158+0.036%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5156+0.020%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5156+0.021%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5152−0.007%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.030%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5159+0.040%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5149−0.026%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5169+0.103%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5150−0.020%$54.2M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5157+0.026%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5158+0.032%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5148−0.034%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5149−0.028%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5142−0.070%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5158+0.033%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5159+0.040%$5.7M$48.3M50xas long as short
Hyperliquid XRP+0.0180%1h1.5165+0.079%$288.4M$264.7M20xas long as short
Kalshi KXXRPPERP+0.0206%8h1.5159+0.040%$1.7M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5149−0.024%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5170+0.112%$23.6M$77.9M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5160+0.046%$524K$798K10xas long as short
Aftermath Perps XRPUSD+0.0599%1h1.5161+0.051%$2K$16K10xas long as short