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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Derive against KuCoin−0.025%7-day average −0.013% · 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 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.025%, 7d avg −0.013%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XRPUSDTM1.50280.0100pay 0.0100% / 8h2h 34m$106.3M$180.3M75x
ShortDerive XRP-PERP1.50240.0100get 0.0013% / 1h34m 14s$808K$72K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against KuCoin. 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: −0.025% → −0.013%
−$1.21
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Derive: 3 bp × 2 orders
−$6
Net
−$19.21
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Derive: 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 KuCoin live order book, 10 min ago0.03 bp6.8 bp −$79.8 bp −$9834.5 bp −$3,445doesn't fit
Sell Derive no order-book sample
Derive: 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%1h1.5041+0.088%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5027−0.007%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5042+0.094%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.281%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5030+0.015%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5030+0.014%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.541%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5028+0.003%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5045+0.114%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.50280.000%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5031+0.021%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5033+0.035%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5044+0.111%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5038+0.068%$288.2M$258.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5025−0.018%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5044+0.111%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5026−0.012%$526.8M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5028+0.001%$341.4M$958.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5029+0.008%$124.3M$890.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036+0.055%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5046+0.121%$136K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.194%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5027−0.005%$368.1M$157.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5027−0.005%$285.6M$911.8M300xas long as short
KuCoin XRPUSDTMlong+0.0100%8h1.5028long leg$106.3M$180.3M75x
Bitget XRPUSDT+0.0100%8h1.5023−0.032%$265.2M$396.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5023−0.032%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.262%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056+0.188%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.260%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062+0.228%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5045+0.116%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5040+0.081%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5029+0.008%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5027−0.005%$62K$934K50xas long as short
Derive XRP-PERPshort+0.0100%1h1.5024−0.025%$808K$72K10x
SunX XRP-USDT+0.0100%8h1.5029+0.011%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5027−0.005%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5035+0.047%$49.1M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5028+0.001%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5052+0.159%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5022−0.035%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5025−0.022%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0133%8h1.5049+0.141%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0170%1h1.5033+0.035%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5031+0.021%$5.6M$48.3M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5080+0.349%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5032+0.031%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.341%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5046+0.120%$513K$777K10xas long as short
Aftermath Perps XRPUSD+0.0601%1h1.5061+0.223%$2K$15K10xas long as short