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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.033%
Price spread now: 01 Exchange against Injective+0.818%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and 01 Exchange is 0.818% dearer against Injective than usual: you sell high and buy low: +$82 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XRP/USDC PERP1.52900.0040pay 0.0005% / 1h22m 21s$2K$86K30x
Short01 Exchange XRPUSD1.54150.0136get 0.0017% / 1h22m 21s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Injective. 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
$20.24
Price spread: +0.818% → 0.000%
$81.75
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$94.98
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 Injective no order-book sample
Sell 01 Exchange no order-book sample
Injective and 01 Exchange: 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
Hotstuff XRP-PERP−0.0080%1h1.5397+0.700%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5386+0.630%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5320+0.196%$68K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5403+0.740%$258K150xas long as short
Injective XRP/USDC PERPlong+0.0040%1h1.5290long leg$2K$86K30x
Orderly PERP_XRP_USDC+0.0046%8h1.5400+0.719%$179K$788K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0072% / S +0.0184%1h1.5402+0.735%$906K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0075%1h1.5382+0.602%$9.3M$24.1M50xas long as short
Lighter XRP+0.0096%1h1.5397+0.699%$3.0M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5391+0.661%$446K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5407+0.765%$1.1M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5405+0.752%$39.1M$72.0M100xas long as short
Pacifica XRP+0.0100%1h1.5394+0.680%$670K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5406+0.757%$550.8M$1.85B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5406+0.759%$345.0M$839.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5406+0.759%$124.5M$838.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5297+0.046%$569K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5404+0.746%$115K$650K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.581%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5405+0.752%$368.5M$131.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5406+0.759%$290.9M$808.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5408+0.770%$113.2M$147.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5407+0.765%$267.4M$340.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5405+0.752%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5321+0.203%$6.3M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5269−0.136%$665K$95.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5309+0.121%$1.1M$41.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5280−0.065%$1.0M$850K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5417+0.831%$48K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5404+0.746%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5401+0.724%$829K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5340+0.330%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5378+0.576%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5371+0.526%$50.5M$14.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5369+0.517%$54.8M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5384+0.617%$480K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5397+0.700%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5404+0.746%$12K$235K20xas long as short
Extended XRP-USD+0.0104%1h1.5401+0.725%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5408+0.770%$72K$40K3xas long as short
01 Exchange XRPUSDshort+0.0136%1h1.5415+0.818%$8K$8K10x
Backpack XRP_USDC_PERP+0.0160%1h1.5397+0.700%$1.7M$927K25xas long as short
Kraken Futures PF_XRPUSD+0.0169%1h1.5377+0.566%$15.5M$63.8M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5388+0.641%$5.4M$44.0M50xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5406+0.759%$1.4M$10K15xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5364+0.484%$1.7M$31.6M2.9xas long as short
BloFin XRP-USDT+0.0220%8h1.5373+0.543%$23.9M$67.5M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5361+0.467%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5412+0.795%$405K$497K10xas long as short
Hyperliquid XRP+0.0483%1h1.5433+0.935%$284.4M$185.0M20xas long as short
Aftermath Perps XRPUSD+0.0531%1h1.5315+0.162%$1K$11K10xas long as short