Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC−0.030%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs+$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$60.065% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.124%+$12 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.030%, 7d avg −0.036%

Together, before fees+0.140%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XRP_USDT	1.5122	0.0100	pay 0.0100% / 8h	2h 13m	$295.9M	$925.2M	300x
Short	Extended XRP-USD	1.5117	0.0104	get 0.0013% / 1h	13m 41s	$2.0M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee MEXCbpFee ExtendedbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0.84
Price spread: −0.030% → −0.036%: $0.61
Slippage, 4 orders: −$1.47
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$5.01
Costs to cover: 0.065%
Break-even: 48.8 days

Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 5 min ago	0.33 bp	0.3 bp $0	0.3 bp −$3	4.3 bp −$430	27.8 bp −$13.9K
Sell Extended live order book, 5 min ago	0.33 bp	3.0 bp −$3	5.8 bp −$58	doesn't fit	doesn't fit

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5099	−0.152%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5118	−0.027%	$14.2M	$74.9M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5115	−0.048%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5090	−0.212%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5102	−0.131%	$244K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.896%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0071% / S −0.0016%	1h	1.5101	−0.139%	$796K	—	200x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5127	+0.033%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5119	−0.019%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5121	−0.007%	$546K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5115	−0.046%	$10K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5098	−0.155%	$977K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5116	−0.039%	$38.4M	$87.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5119	−0.020%	$601K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5117	−0.033%	$525.8M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5121	−0.007%	$343.8M	$965.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5122	0.000%	$126.4M	$885.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5088	−0.225%	$561K	$34K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5129	+0.046%	$144K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5026	−0.632%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5119	−0.020%	$371.7M	$160.8M	100x	as long as short
MEXC XRP_USDTlong	+0.0100%	8h	1.5122	long leg	$295.9M	$925.2M	300x
KuCoin XRPUSDTM	+0.0100%	8h	1.5120	−0.014%	$106.7M	$181.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5121	−0.007%	$265.6M	$398.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5118	−0.026%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5072	−0.331%	$4.7M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5079	−0.283%	$655K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5083	−0.257%	$1.1M	$37.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5086	−0.238%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5099	−0.155%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5102	−0.132%	$51K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5101	−0.137%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5109	−0.086%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5112	−0.065%	$813K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5099	−0.150%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5115	−0.046%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5108	−0.093%	$49.4M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5109	−0.086%	$53.9M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5129	+0.047%	$472K	$55K	50x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5117	−0.030%	$2.0M	$6.8M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5114	−0.052%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0120%	1h	1.5128	+0.040%	$288.8M	$262.3M	20x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0147%	1h	1.5119	−0.020%	$7.7M	$25.5M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5121	−0.007%	$5.7M	$48.6M	50x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	1.5077	−0.300%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0196%	1h	1.5124	+0.013%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0201%	8h	1.5117	−0.033%	$1.7M	$35.7M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5098	−0.157%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5086	−0.238%	$23.2M	$77.1M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5126	+0.025%	$520K	$787K	10x	as long as short
Aftermath Perps XRPUSD	+0.0594%	1h	1.5072	−0.333%	$2K	$16K	10x	as long as short