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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX+0.304%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 7 days−0.348%−$35 · spread now +0.304%, 7d avg +0.038%
Together, before fees−0.285%−$28 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: ApeX Omni is 0.267% dearer against OKX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XRP-USDT-SWAP1.54450.0100pay 0.0100% / 8h6h 59m$125.2M$848.5M100x
ShortApeX Omni XRPUSDT1.54920.0100get 0.0013% / 1h59m 16s$1.2M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: +0.304% → +0.038%
$26.67
Slippage, 4 orders
−$9.9
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$3.23
Costs to cover
0.299%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; ApeX Omni: 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 OKX live order book, 5 min ago0.32 bp5.3 bp −$56.0 bp −$6012.4 bp −$1,24330.8 bp −$15.4K
Sell ApeX Omni live order book, 5 min ago4.19 bp9.7 bp −$1014.0 bp −$140doesn't fitdoesn't fit

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%1h1.5476+0.201%$5K$3K20xas long as short
Phoenix XRP0.0000%1h1.5490+0.291%$70K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5449+0.026%$8.0M$22.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5479+0.218%$251K150xas long as short
dYdX XRP-USD+0.0005%1h1.5474+0.187%$1.1M$155K10xas long as short
Kraken Futures PF_XRPUSD+0.0015%1h1.5451+0.039%$14.1M$73.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.745%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0064%1h1.5479+0.218%$18K$78K7xas long as short
Lighter XRP+0.0096%1h1.5458+0.087%$2.8M$14.3M20xas long as short
Lighter RH XRP+0.0096%1h1.5463+0.117%$613K$3.0M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5464+0.123%$20K$378K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5463+0.119%$482K$52K50xas long as short
Nado XRP-PERP+0.0100%1h1.5463+0.117%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5452+0.045%$39.1M$82.8M100xas long as short
Pacifica XRP+0.0100%1h1.5462+0.111%$611K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5453+0.050%$539.1M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5442−0.019%$360.6M$905.9M100xas long as short
OKX XRP-USDT-SWAPlong+0.0100%8h1.5445long leg$125.2M$848.5M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5451+0.039%$569K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5466+0.136%$168K$704K20xas long as short
Bulk XRP-USD+0.0100%1h1.5432−0.083%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5454+0.058%$384.9M$154.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5454+0.058%$310.3M$892.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5457+0.081%$109.7M$180.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5443−0.013%$273.7M$360.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5455+0.065%$105.9Mas long as short
Variational Omni XRP+0.0100%8h1.5471+0.166%$4.9M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5486+0.265%$675K$114.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5484+0.250%$1.1M$32.4M20xas long as short
ApeX Omni XRPUSDTshort+0.0100%1h1.5492+0.304%$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5467+0.143%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5472+0.175%$53K$502K20xas long as short
Bullet XRP-USD+0.0100%1h1.5455+0.062%$41K$66K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.54450.000%$78K$623K50xas long as short
SunX XRP-USDT+0.0100%8h1.5460+0.100%$130K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5449+0.026%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5434−0.073%$50.4M$14.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5452+0.045%$54.9M$33.2M50xas long as short
Extended XRP-USD+0.0104%1h1.5441−0.025%$2.1M$5.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5444−0.006%$59K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5474+0.188%$9K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0120%1h1.5450+0.032%$5.3M$46.1M50xas long as short
Hyperliquid XRP+0.0133%1h1.5471+0.168%$298.6M$266.4M20xas long as short
GMX XRP/USD [ETH-USDC]L +0.0143% / S −0.0109%1h1.5484+0.254%$830K200xas long as short
Kalshi KXXRPPERP+0.0170%8h1.5491+0.298%$1.8M$33.0M2.9xas long as short
BloFin XRP-USDT+0.0220%8h1.5481+0.233%$23.8M$79.4M125xas long as short
Reya XRPRUSDPERP+0.0222%1h1.5454+0.057%$1.4M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0234%1h1.5486+0.265%$2.0M$1.3M25xas long as short
RISEx XRP/USDC+0.0272%1h1.5459+0.094%$521K$795K10xas long as short
Aftermath Perps XRPUSD+0.0480%1h1.5473+0.180%$3K$15K10xas long as short