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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Katana Perps−0.026%7-day average +0.041% · you buy dearer than you sell
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 4 days (all we have)+0.020%+$2 on $10k
Price spread, last 7 days+0.106%+$11 · spread now −0.026%, 7d avg +0.041%
Together, before fees+0.126%+$13 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: MEXC is 0.067% cheaper against Katana Perps than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps XRP-USD1.53330.0100pay 0.0100% / 8h5h 51m$10K$402K20x
ShortMEXC XRP_USDT1.53290.0100get 0.0100% / 8h5h 51m$312.2M$888.4M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Katana Perps. 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
$0.04
Price spread: −0.026% → +0.041%
−$6.67
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$10.42
Costs to cover
0.038%
Break-even
1661.2 days
Slippage unknown: Katana Perps: no order-book sample; MEXC: live order book, 6 min ago. 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 Katana Perps no order-book sample
Sell MEXC live order book, 6 min ago0.32 bp0.3 bp $00.3 bp −$34.7 bp −$46827.2 bp −$13.6K
Katana Perps: 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 50 exchanges

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%1h1.5403+0.457%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5329−0.027%$14.0M$71.6M50xas long as short
dYdX XRP-USD0.0000%1h1.5338+0.034%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5360+0.176%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5331−0.013%$7.8M$21.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5357+0.155%$246K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.5337+0.026%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.480%$2K$107K30xas long as short
SoDEX XRP-USD+0.0040%1h1.5327−0.039%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5329−0.024%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5335+0.013%$599K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5332−0.004%$478K$47K50xas long as short
Katana Perps XRP-USDlong+0.0100%8h1.5333long leg$10K$402K20x
Nado XRP-PERP+0.0100%1h1.5324−0.062%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5343+0.063%$299.1M$266.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5328−0.033%$39.3M$81.5M100xas long as short
Pacifica XRP+0.0100%1h1.5331−0.016%$593K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5327−0.039%$534.7M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5332−0.007%$361.8M$890.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5331−0.013%$124.7M$837.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5365+0.209%$563K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5343+0.065%$165K$681K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.300%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5332−0.007%$382.3M$155.9M100xas long as short
MEXC XRP_USDTshort+0.0100%8h1.5329−0.026%$312.2M$888.4M300x
KuCoin XRPUSDTM+0.0100%8h1.5329−0.025%$106.6M$181.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5330−0.020%$271.9M$357.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5332−0.007%$101.1Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5340+0.046%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5375+0.271%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5351+0.116%$668K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5340+0.047%$1.1M$30.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5358+0.163%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5331−0.013%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5336+0.020%$52K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5323−0.067%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5325−0.052%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5338+0.035%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5322−0.071%$50.0M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5330−0.020%$54.6M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5321−0.075%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5320−0.088%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5327−0.039%$5.5M$44.1M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5337+0.027%$17K$76K7xas long as short
Kalshi KXXRPPERP+0.0139%8h1.5336+0.020%$1.9M$35.0M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0203% / S −0.0551%1h1.5345+0.077%$805K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5329−0.026%$24.0M$78.3M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5323−0.065%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5341+0.055%$515K$736K10xas long as short
Aftermath Perps XRPUSD+0.0428%1h1.5367+0.224%$3K$13K10xas long as short