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: Gate against GRVT−0.342%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 7 days+0.343%+$34 · spread now −0.342%, 7d avg −0.014%
Together, before fees+0.280%+ Points / potential airdropGRVT: Active · farm board+$28 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: Gate is 0.328% cheaper against GRVT than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XRP_USDT_Perp1.52070.0100pay 0.0100% / 8h4h 27m$1.1M$36.0M20x
ShortGate XRP_USDT1.51550.0100get 0.0100% / 8h4h 27m$369.5M$153.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against GRVT. 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: −0.342% → −0.014%
−$32.79
Slippage, 4 orders
−$6.76
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$63.54
Costs to cover
0.308%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Gate: live order book, 2 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 GRVT live order book, 2 min ago0.33 bp4.8 bp −$513.8 bp −$13867.5 bp −$6,748doesn't fit
Sell Gate live order book, 2 min ago0.33 bp9.9 bp −$1013.7 bp −$13731.1 bp −$3,10842.9 bp −$21.4K

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%1h1.5160−0.309%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5171−0.240%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5159−0.314%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5180−0.178%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5150−0.373%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5172−0.230%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.321%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0042% / S +0.0026%1h1.5150−0.372%$791K200xas long as short
Orderly PERP_XRP_USDC+0.0084%8h1.5164−0.283%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5181−0.169%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5180−0.178%$498K$3.3M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5167−0.263%$8K$8K10xas long as short
Katana Perps XRP-USD+0.0097%8h1.5157−0.329%$10K$325K20xas long as short
Nado XRP-PERP+0.0100%1h1.5162−0.299%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5170−0.243%$281.6M$225.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5156−0.334%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5169−0.249%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5178−0.191%$535.1M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5161−0.303%$345.0M$932.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5166−0.270%$126.0M$875.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5202−0.033%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5164−0.283%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5115−0.602%$1.6M$49K20xas long as short
Gate XRP_USDTshort+0.0100%8h1.5155−0.342%$369.5M$153.8M100x
MEXC XRP_USDT+0.0100%8h1.5158−0.322%$290.0M$900.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5165−0.274%$107.7M$174.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5170−0.243%$268.5M$384.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5157−0.329%$126.9Mas long as short
Variational Omni XRP+0.0100%8h1.5201−0.041%$5.2M$37.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5199−0.050%$661K$108.5M30xas long as short
GRVT XRP_USDT_Perplong+0.0100%8h1.5207long leg$1.1M$36.0M20x
ApeX Omni XRPUSDT+0.0100%1h1.5200−0.046%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5165−0.276%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5157−0.328%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5165−0.275%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5162−0.293%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5173−0.224%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5167−0.266%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5173−0.224%$54.2M$30.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5171−0.239%$473K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5165−0.278%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5165−0.278%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5166−0.271%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5167−0.263%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5172−0.229%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5174−0.217%$5.6M$47.1M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5155−0.341%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5181−0.171%$24.1M$76.2M125xas long as short
Kalshi KXXRPPERP+0.0312%8h1.5168−0.257%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5164−0.281%$516K$777K10xas long as short
Aftermath Perps XRPUSD+0.0653%1h1.5171−0.237%$2K$15K10xas long as short