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: GRVT against KuCoin+0.170%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$350.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 days−0.154%−$15 · spread now +0.170%, 7d avg +0.010%
Together, before fees−0.061%+ Points / potential airdropGRVT: Active · farm board−$6 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: GRVT is 0.160% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XRPUSDTM1.53850.0100pay 0.0100% / 8h5h 57m$107.0M$181.6M75x
ShortGRVT XRP_USDT_Perp1.54110.0100get 0.0100% / 8h5h 57m$1.1M$31.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.170% → +0.010%
$15.97
Slippage, 4 orders
−$14.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$19.5
Costs to cover
0.355%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; GRVT: 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 KuCoin live order book, 5 min ago0.78 bp8.1 bp −$89.9 bp −$99doesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago0.32 bp8.5 bp −$811.6 bp −$11644.7 bp −$4,465doesn't fit

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+0.118%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5386+0.009%$14.1M$72.0M50xas long as short
dYdX XRP-USD0.0000%1h1.5385+0.001%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5387+0.014%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5383−0.014%$246K150xas long as short
01 Exchange XRPUSD+0.0016%1h1.5376−0.058%$9K$98710xas long as short
SoDEX XRP-USD+0.0025%1h1.5383−0.012%$30K$1.5M10xas long as short
Ondo Perps XRP-USD.P+0.0026%1h1.5389+0.027%$565K$37K5xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.138%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5385−0.002%$2.8M$14.0M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5390+0.033%$602K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5384−0.004%$480K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5373−0.077%$9K$400K20xas long as short
Nado XRP-PERP+0.0100%1h1.5375−0.061%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5389+0.027%$299.9M$267.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5384−0.006%$39.4M$81.8M100xas long as short
Pacifica XRP+0.0100%1h1.5381−0.026%$595K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5383−0.012%$536.4M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5385+0.001%$364.8M$893.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5383−0.012%$125.1M$841.3M100xas long as short
Arcus XRP-USD+0.0100%1h1.5382−0.019%$165K$684K20xas long as short
Gate XRP_USDT+0.0100%8h1.5384−0.006%$383.5M$155.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5383−0.012%$311.0M$885.4M300xas long as short
KuCoin XRPUSDTMlong+0.0100%8h1.5385long leg$107.0M$181.6M75x
Bitget XRPUSDT+0.0100%8h1.5383−0.012%$272.9M$358.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5384−0.006%$103.4Mas long as short
Variational Omni XRP+0.0100%8h1.5390+0.032%$5.0M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5392+0.049%$669K$110.7M30xas long as short
GRVT XRP_USDT_Perpshort+0.0100%8h1.5411+0.170%$1.1M$31.0M20x
ApeX Omni XRPUSDT+0.0100%1h1.5406+0.137%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5384−0.006%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5378−0.045%$53K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5384−0.007%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5384−0.006%$84K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5388+0.020%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5378−0.045%$50.1M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5386+0.007%$54.8M$33.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5369−0.102%$1.6M$25K20xas long as short
Extended XRP-USD+0.0104%1h1.5379−0.036%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5377−0.048%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5388+0.020%$5.5M$44.8M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5387+0.017%$17K$76K7xas long as short
Backpack XRP_USDC_PERP+0.0120%1h1.5390+0.033%$2.0M$1.2M25xas long as short
Kalshi KXXRPPERP+0.0142%8h1.5387+0.014%$1.9M$34.9M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0170% / S −0.0372%1h1.53850.000%$610K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5380−0.032%$23.9M$78.8M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5375−0.066%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5391+0.042%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0438%1h1.5399+0.095%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5390+0.033%$69K$108K15xas long as short