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 OKX0.000%7-day average 0.000% · 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−$24as in the Price arb table
costs, in and out, $10k−$230.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 days−0.002%$0 · spread now 0.000%, 7d avg 0.000%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XRP-USDT-SWAP1.51110.0100pay 0.0100% / 8h2h 55m$125.1M$887.5M100x
ShortBybit XRPUSDT1.51110.0100get 0.0100% / 8h2h 55m$342.0M$950.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: 0.000% → 0.000%
−$0.01
Slippage, 4 orders
−$2.5
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$23.51
Costs to cover
0.235%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago0.33 bp5.3 bp −$55.6 bp −$5613.3 bp −$1,32529.9 bp −$14.9K
Sell Bybit live order book, 4 min ago0.33 bp5.8 bp −$66.7 bp −$6714.0 bp −$1,39829.3 bp −$14.7K

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%1h1.5126+0.099%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5137+0.173%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5119+0.054%$1.1M$115K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5139+0.185%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5140+0.193%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.971%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5137+0.175%$794K200xas long as short
01 Exchange XRPUSD+0.0056%1h1.5113+0.013%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5115+0.023%$2.8M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5123+0.079%$497K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5104−0.046%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5130+0.122%$942K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5131+0.132%$289.9M$257.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5112+0.004%$38.8M$86.3M100xas long as short
Pacifica XRP+0.0100%1h1.5117+0.039%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5109−0.013%$531.2M$2.18B100xas long as short
Bybit XRPUSDTshort+0.0100%8h1.51110.000%$342.0M$950.4M100x
OKX XRP-USDT-SWAPlong+0.0100%8h1.5111long leg$125.1M$887.5M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5124+0.086%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5115+0.026%$137K$717K20xas long as short
Gate XRP_USDT+0.0100%8h1.5112+0.007%$372.5M$154.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5110−0.007%$293.9M$903.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5122+0.073%$107.9M$179.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5109−0.013%$268.0M$392.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5109−0.013%$128.1Mas long as short
Variational Omni XRP+0.0100%8h1.5139+0.184%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5106−0.032%$656K$111.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5111+0.003%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5112+0.007%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5127+0.108%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5129+0.119%$49K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5133+0.145%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5137+0.172%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5136+0.163%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5129+0.116%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5135+0.159%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5137+0.175%$49.5M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5135+0.159%$53.9M$31.7M50xas long as short
Bulk XRP-USD+0.0100%1h1.5107−0.024%$1.6M$29K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5112+0.005%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5106−0.031%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5133+0.146%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0169%8h1.5142+0.205%$1.8M$35.5M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5145+0.225%$5.7M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5125+0.094%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5142+0.205%$24.2M$75.8M125xas long as short
Backpack XRP_USDC_PERP+0.0246%1h1.5144+0.218%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5150+0.259%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5115+0.024%$515K$777K10xas long as short
Phoenix XRP+0.0528%1h1.5130+0.126%$67K$109K15xas long as short
Aftermath Perps XRPUSD+0.0629%1h1.5125+0.090%$2K$15K10xas long as short