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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against OKX+0.023%83s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2822.816% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.023%, 7d avg −0.001%
Together, before fees−0.073%−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.024% dearer against OKX than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.001%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XRP-USDT-SWAP1.52160.0100pay 0.0100% / 8h1h 03m$128.2M$883.0M100x
ShortgTrade (Gains Network) XRP/USD1.5219L +0.0003% / S −0.0004%get 0.0000% / 1h3m 03s$246K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.18
Price spread: +0.023% → −0.001%
$2.39
Slippage, 4 orders
−$261.64
Fee OKX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$299.43
Costs to cover
2.816%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 41 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, 1 min ago0.33 bp6.3 bp −$68.1 bp −$8114.9 bp −$1,48731.7 bp −$15.8K
Sell gTrade (Gains Network) virtual book (oracle venue), 41 min ago130.02 bp135.0 bp −$135193.1 bp −$1,9311958.1 bp −$195.8Kdoesn't fit

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%1h1.5226+0.066%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5225+0.059%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5230+0.092%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDshortL +0.0003% / S −0.0004%1h1.5219+0.023%$246K150x
Kraken Futures PF_XRPUSD+0.0024%1h1.5233+0.114%$14.5M$74.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.261%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5237+0.138%$7.9M$24.4M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0093% / S −0.0048%1h1.5220+0.025%$786K200xas long as short
Lighter XRP+0.0096%1h1.5237+0.137%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5238+0.145%$547K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5222+0.039%$11K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5225+0.059%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5225+0.058%$38.6M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5229+0.085%$617K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5218+0.013%$534.0M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.52160.000%$348.9M$960.7M100xas long as short
OKX XRP-USDT-SWAPlong+0.0100%8h1.5216long leg$128.2M$883.0M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5220+0.026%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5235+0.125%$145K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.048%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5233+0.112%$378.3M$162.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5234+0.118%$313.3M$933.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5234+0.122%$108.3M$183.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5214−0.013%$269.1M$395.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5226+0.066%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5235+0.124%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5225+0.061%$662K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5225+0.062%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5227+0.072%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5229+0.088%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5231+0.099%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5222+0.042%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5233+0.112%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5224+0.053%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5233+0.115%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5234+0.118%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5224+0.053%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5237+0.138%$54.6M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5232+0.108%$475K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5211−0.032%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5232+0.107%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5237+0.138%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5221+0.032%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0172%1h1.5239+0.151%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5238+0.145%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5232+0.105%$1.8M$34.8M2.9xas long as short
Hyperliquid XRP+0.0219%1h1.5242+0.171%$290.4M$266.6M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5222+0.041%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5227+0.072%$23.7M$78.0M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5234+0.116%$530K$806K10xas long as short
Aftermath Perps XRPUSD+0.0706%1h1.5236+0.131%$2K$16K10xas long as short