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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.053%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$120.125% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 days+0.065%+$6 · spread now −0.053%, 7d avg −0.003%
Together, before fees+0.100%+$10 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: Bybit is 0.049% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XRP_USDT1.51820.0100pay 0.0100% / 8h6h 22m$291.0M$913.4M300x
ShortBybit XRPUSDT1.51740.0100get 0.0100% / 8h6h 22m$341.7M$939.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.053% → −0.003%
−$4.94
Slippage, 4 orders
−$1.49
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$17.43
Costs to cover
0.125%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 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 $00.6 bp −$66.5 bp −$64823.1 bp −$11.6K
Sell Bybit live order book, 2 min ago0.33 bp5.9 bp −$67.6 bp −$7614.1 bp −$1,40526.3 bp −$13.1K

XRP on 50 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%1h1.5179−0.020%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5175−0.044%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5210+0.184%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5170−0.080%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0021% / S +0.0058%1h1.5171−0.075%$802K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.490%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5167−0.101%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5170−0.079%$62K$953K50xas long as short
Lighter XRP+0.0096%1h1.5183+0.007%$2.9M$14.3M20xas long as short
Lighter RH XRP+0.0096%1h1.5185+0.020%$514K$3.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5171−0.072%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5181−0.008%$914K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5183+0.005%$38.7M$84.2M100xas long as short
Pacifica XRP+0.0100%1h1.5186+0.026%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5175−0.047%$538.3M$2.10B100xas long as short
Bybit XRPUSDTshort+0.0100%8h1.5174−0.053%$341.7M$939.9M100x
OKX XRP-USDT-SWAP+0.0100%8h1.5171−0.072%$124.5M$872.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5173−0.059%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5183+0.007%$115K$700K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.049%$1.6M$330K20xas long as short
Gate XRP_USDT+0.0100%8h1.5179−0.020%$369.3M$152.4M100xas long as short
MEXC XRP_USDTlong+0.0100%8h1.5182long leg$291.0M$913.4M300x
KuCoin XRPUSDTM+0.0100%8h1.5180−0.014%$107.3M$171.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5181−0.007%$266.2M$383.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5176−0.040%$126.7Mas long as short
Variational Omni XRP+0.0100%8h1.5199+0.112%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5184+0.011%$659K$108.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5187+0.031%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5205+0.151%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5183+0.007%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5184+0.013%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5180−0.016%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5171−0.070%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5174−0.051%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5170−0.079%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5171−0.076%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5170−0.079%$53.9M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5186+0.025%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5181−0.009%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5167−0.102%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0128%1h1.5177−0.033%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0146%1h1.5172−0.066%$7.6M$25.3M50xas long as short
Hyperliquid XRP+0.0205%1h1.5192+0.066%$281.2M$221.7M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5180−0.012%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5176−0.040%$5.7M$46.7M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5168−0.094%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0356%1h1.5175−0.046%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0361%8h1.5177−0.033%$2.1M$35.7M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5180−0.016%$533K$786K10xas long as short
Aftermath Perps XRPUSD+0.0749%1h1.5177−0.035%$2K$14K10xas long as short