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: OKX against GRVT+0.245%91s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.224% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 7 days−0.223%−$22 · spread now +0.245%, 7d avg −0.016%
Together, before fees−0.290%+ Points / potential airdropGRVT: Active · farm board−$29 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: OKX is 0.261% dearer against GRVT than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XRP_USDT_Perp1.50830.0100pay 0.0100% / 8h2h 14m$1.1M$37.2M20x
ShortOKX XRP-USDT-SWAP1.51200.0100get 0.0100% / 8h2h 14m$126.3M$885.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.245% → −0.016%
$26.12
Slippage, 4 orders
−$3.42
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
$3.7
Costs to cover
0.224%
Break-even
from the start
Slippage from GRVT: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago0.33 bp5.6 bp −$614.9 bp −$14951.8 bp −$5,180doesn't fit
Sell OKX live order book, 5 min ago0.33 bp5.3 bp −$56.6 bp −$6614.3 bp −$1,42830.8 bp −$15.4K

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%1h1.5085+0.013%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5118+0.231%$14.2M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5088+0.033%$1.1M$133K10xas long as short
Phoenix XRP0.0000%1h1.5090+0.046%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5102+0.127%$244K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.162%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0071% / S −0.0016%1h1.5101+0.119%$796K200xas long as short
01 Exchange XRPUSD+0.0088%1h1.5099+0.106%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5119+0.237%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5119+0.238%$546K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5090+0.046%$10K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5098+0.102%$977K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5116+0.218%$38.4M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5097+0.090%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5116+0.218%$525.8M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5120+0.245%$343.8M$965.2M100xas long as short
OKX XRP-USDT-SWAPshort+0.0100%8h1.5120+0.245%$126.3M$885.9M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5088+0.033%$561K$34K5xas long as short
Arcus XRP-USD+0.0100%1h1.5103+0.132%$144K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5026−0.375%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5112+0.192%$371.5M$160.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5118+0.232%$296.4M$925.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5119+0.236%$106.7M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5119+0.238%$266.0M$398.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5111+0.185%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5072−0.073%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5079−0.029%$655K$113.6M30xas long as short
GRVT XRP_USDT_Perplong+0.0100%8h1.5083long leg$1.1M$37.2M20x
ApeX Omni XRPUSDT+0.0100%1h1.5086+0.019%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5099+0.102%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5102+0.125%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5101+0.121%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5109+0.172%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5112+0.193%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5099+0.108%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5115+0.212%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5108+0.165%$49.4M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5109+0.172%$53.9M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5106+0.154%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5114+0.208%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5114+0.206%$58K$25K3xas long as short
Hyperliquid XRP+0.0119%1h1.5124+0.271%$288.7M$262.2M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5119+0.238%$7.7M$25.5M50xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5121+0.251%$5.7M$48.6M50xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5077−0.043%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0196%1h1.5124+0.271%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0201%8h1.5117+0.225%$1.7M$35.7M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5098+0.101%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5086+0.019%$23.2M$77.1M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5103+0.129%$519K$787K10xas long as short
Aftermath Perps XRPUSD+0.0594%1h1.5072−0.076%$2K$16K10xas long as short