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: Katana Perps against MEXC+0.085%7-day average −0.041% · you sell dearer than you buy
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 4 days (all we have)−0.020%−$2 on $10k
Price spread, last 7 days−0.164%−$16 · spread now +0.085%, 7d avg −0.041%
Together, before fees−0.185%−$18 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: Katana Perps is 0.125% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XRP_USDT1.53370.0100pay 0.0100% / 8h5h 52m$312.6M$887.5M300x
ShortKatana Perps XRP-USD1.53500.0100get 0.0100% / 8h5h 52m$10K$400K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
−$0.04
Price spread: +0.085% → −0.041%
$12.53
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$8.69
Costs to cover
0.038%
Break-even
from the start
Slippage unknown: MEXC: live order book, 4 min ago; Katana Perps: 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 MEXC live order book, 4 min ago0.32 bp0.3 bp $00.3 bp −$36.2 bp −$62428.0 bp −$14.0K
Sell Katana Perps no order-book sample
Katana Perps: 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 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+0.430%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5362+0.163%$14.1M$71.5M50xas long as short
dYdX XRP-USD0.0000%1h1.5362+0.161%$1.1M$155K10xas long as short
Phoenix XRP0.0000%1h1.5360+0.150%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5363+0.170%$7.8M$21.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5357+0.128%$246K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.5352+0.098%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.454%$2K$107K30xas long as short
SoDEX XRP-USD+0.0060%1h1.5359+0.143%$30K$1.5M10xas long as short
Ondo Perps XRP-USD.P+0.0074%1h1.5365+0.183%$565K$37K5xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5360+0.150%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5361+0.156%$600K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5358+0.139%$479K$47K50xas long as short
Katana Perps XRP-USDshort+0.0100%8h1.5350+0.085%$10K$400K20x
Nado XRP-PERP+0.0100%1h1.5351+0.095%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5365+0.185%$299.5M$266.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5352+0.096%$39.4M$81.6M100xas long as short
Pacifica XRP+0.0100%1h1.5358+0.137%$594K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5348+0.075%$535.4M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5348+0.072%$363.1M$890.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5347+0.065%$124.9M$838.4M100xas long as short
Arcus XRP-USD+0.0100%1h1.5360+0.150%$165K$684K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.274%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5356+0.124%$383.2M$155.8M100xas long as short
MEXC XRP_USDTlong+0.0100%8h1.5337long leg$312.6M$887.5M300x
KuCoin XRPUSDTM+0.0100%8h1.5360+0.151%$106.8M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5346+0.059%$272.3M$357.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5355+0.117%$4.2Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5365+0.183%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5375+0.245%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5375+0.249%$668K$109.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5368+0.202%$1.1M$30.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5372+0.228%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5359+0.144%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5354+0.111%$52K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5356+0.124%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5359+0.143%$84K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5357+0.132%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5347+0.067%$50.0M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5360+0.150%$54.7M$33.2M50xas long as short
Extended XRP-USD+0.0104%1h1.5336−0.004%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5354+0.112%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5360+0.150%$5.5M$44.5M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5358+0.135%$17K$76K7xas long as short
Kalshi KXXRPPERP+0.0139%8h1.5365+0.183%$1.9M$35.0M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0202% / S −0.0545%1h1.5356+0.125%$806K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5358+0.137%$23.9M$78.5M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5351+0.091%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5360+0.153%$516K$736K10xas long as short
Aftermath Perps XRPUSD+0.0431%1h1.5381+0.289%$3K$13K10xas long as short