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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.54 per $10,000 · paid last 24h −0.006%
Price spread now: Orderly against Gate+0.007%7-day average −0.004% · 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 7 days−0.042%−$4 on $10k
Price spread, last 3 days (all we have)−0.156%−$16 · spread now +0.007%, 7d avg −0.004%
Together, before fees−0.198%−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.52010.0100pay 0.0100% / 8h2h 32m$355.0M$129.8M100x
ShortOrderly PERP_XRP_USDC1.52020.0046get 0.0046% / 8h2h 32m$177K$788K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$11.35
Price spread: +0.007% → −0.004%
$1.07
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$31.29
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Orderly: 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 Gate live order book, 2 min ago0.33 bp11.0 bp −$1115.5 bp −$15529.8 bp −$2,97640.4 bp −$20.2K
Sell Orderly no order-book sample
Orderly: 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
GMX XRP/USD [ETH-USDC]L −0.0210% / S +0.0297%1h1.5207+0.042%$1.6M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5205+0.026%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5211+0.068%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5250+0.322%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5214+0.086%$9.1M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5208+0.048%$254K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290+0.585%$2K$86K30xas long as short
Orderly PERP_XRP_USDCshort+0.0046%8h1.5202+0.007%$177K$788K50x
Lighter XRP+0.0096%1h1.5209+0.052%$2.9M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5209+0.053%$441K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5199−0.010%$1.0M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5202+0.010%$38.6M$71.5M100xas long as short
Pacifica XRP+0.0100%1h1.5208+0.043%$662K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5208+0.046%$543.9M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5207+0.039%$340.7M$834.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5205+0.026%$122.6M$825.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5192−0.059%$568K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5207+0.039%$114K$646K20xas long as short
Bulk XRP-USD+0.0100%1h1.5260+0.391%$1.6M$350K20xas long as short
Gate XRP_USDTlong+0.0100%8h1.5201long leg$355.0M$129.8M100x
MEXC XRP_USDT+0.0100%8h1.5200−0.007%$290.5M$802.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5199−0.012%$112.1M$147.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5198−0.020%$264.5M$338.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5204+0.020%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5254+0.348%$6.2M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5255+0.356%$662K$95.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5252+0.336%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5264+0.414%$1.0M$848K50xas long as short
Vest XRP-PERP+0.0100%1h1.5203+0.014%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5200−0.007%$50K$474K20xas long as short
Bullet XRP-USD+0.0100%1h1.5207+0.039%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5209+0.053%$819K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5213+0.079%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5209+0.053%$28K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5209+0.052%$50.0M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5207+0.039%$54.4M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5207+0.042%$474K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5210+0.059%$12K$245K20xas long as short
Extended XRP-USD+0.0104%1h1.5200−0.008%$2.1M$7.3M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5209+0.053%$71K$40K3xas long as short
Backpack XRP_USDC_PERP+0.0125%1h1.5213+0.079%$1.7M$923K25xas long as short
01 Exchange XRPUSD+0.0144%1h1.5203+0.013%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0171%1h1.5208+0.044%$15.2M$63.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5217+0.105%$5.4M$43.2M50xas long as short
Reya XRPRUSDPERP+0.0210%1h1.5198−0.019%$1.3M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5206+0.033%$23.7M$66.3M125xas long as short
Kalshi KXXRPPERP+0.0221%8h1.5241+0.263%$1.7M$31.6M2.9xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5216+0.098%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5208+0.045%$403K$496K10xas long as short
Hyperliquid XRP+0.0444%1h1.5218+0.112%$279.0M$180.3M20xas long as short
Aftermath Perps XRPUSD+0.0550%1h1.5235+0.221%$1K$10K10xas long as short