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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against MEXC+0.224%109s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$130.133% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.220%+$22 on $10k
Price spread, last 4 days (all we have)−0.356%−$36 · spread now +0.224%, 7d avg +0.009%
Together, before fees−0.137%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.214% dearer against MEXC than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XRP_USDT1.51920.0100pay 0.0100% / 8h3h 27m$295.7M$903.7M300x
ShortBloFin XRP-USDT1.52260.0220get 0.0220% / 8h3h 27m$24.2M$76.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$25.2
Price spread: +0.224% → +0.009%
$21.43
Slippage, 4 orders
−$1.32
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$33.32
Costs to cover
0.133%
Break-even
from the start
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 7 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 MEXC live order book, 2 min ago0.33 bp0.3 bp $00.3 bp −$35.5 bp −$55425.7 bp −$12.8K
Sell BloFin live order book, 7 min ago0.33 bp6.3 bp −$66.3 bp −$6310.8 bp −$1,08320.2 bp −$10.1K

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%1h1.51920.000%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5187−0.030%$1.1M$115K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5199+0.046%$7.8M$25.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5190−0.016%$254K150xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5195+0.018%$14.4M$74.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.422%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5190−0.016%$793K200xas long as short
Lighter XRP+0.0096%1h1.5198+0.043%$2.9M$14.7M20xas long as short
Lighter RH XRP+0.0096%1h1.5200+0.053%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5196+0.026%$10K$347K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5193+0.010%$989K$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.51920.000%$38.5M$85.3M100xas long as short
Pacifica XRP+0.0100%1h1.5197+0.035%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5190−0.013%$535.1M$2.15B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5190−0.013%$347.1M$943.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5187−0.033%$126.9M$887.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5182−0.066%$566K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5199+0.046%$134K$705K20xas long as short
Bulk XRP-USD+0.0100%1h1.5212+0.132%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5193+0.007%$369.7M$155.4M100xas long as short
MEXC XRP_USDTlong+0.0100%8h1.5192long leg$295.7M$903.7M300x
KuCoin XRPUSDTM+0.0100%8h1.5195+0.018%$109.2M$177.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5194+0.013%$269.6M$389.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5194+0.013%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5245+0.348%$4.9M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5228+0.235%$661K$110.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5219+0.178%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5252+0.395%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5197+0.033%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5196+0.026%$45K$477K20xas long as short
Bullet XRP-USD+0.0100%1h1.5189−0.020%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5187−0.033%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5198+0.037%$818K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5210+0.119%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5198+0.039%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5202+0.066%$49.7M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5197+0.033%$54.1M$31.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5194+0.012%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5189−0.019%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5187−0.036%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5197+0.033%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5204+0.079%$5.7M$47.8M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5192−0.001%$1.3M$7K15xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5226+0.224%$24.2M$76.3M125x
Backpack XRP_USDC_PERP+0.0278%1h1.5200+0.053%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5231+0.259%$17K$82K7xas long as short
RISEx XRP/USDC+0.0358%1h1.5198+0.040%$518K$776K10xas long as short
Kalshi KXXRPPERP+0.0359%8h1.5226+0.224%$1.9M$35.2M2.9xas long as short
Hyperliquid XRP+0.0395%1h1.5213+0.138%$301.2M$245.9M20xas long as short
Phoenix XRP+0.0528%1h1.5230+0.250%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0677%1h1.5213+0.138%$2K$15K10xas long as short