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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Orderly+0.065%7-day average +0.006% · 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 7 days+0.048%+$5 on $10k
Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.065%, 7d avg +0.006%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.059% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.52910.0061pay 0.0061% / 8h5m 05s$75K$910K50x
ShortBitget XRPUSDT1.53010.0100get 0.0100% / 8h5m 05s$267.2M$377.1M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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
$8.29
Price spread: +0.065% → +0.006%
$5.91
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$3.8
Costs to cover
0.180%
Break-even
10.2 days
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 4 min ago. 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 Orderly no order-book sample
Sell Bitget live order book, 4 min ago0.33 bp6.7 bp −$79.2 bp −$9220.3 bp −$2,03334.9 bp −$17.5K
Orderly: 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 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%1h1.5278−0.085%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5261−0.195%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5330+0.255%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5290−0.004%$256K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0091%1h1.5289−0.014%$838K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5297+0.041%$14.9M$69.8M50xas long as short
Orderly PERP_XRP_USDClong+0.0061%8h1.5291long leg$75K$910K50x
Deribit XRP_USDC-PERPETUAL+0.0077%1h1.5301+0.065%$9.3M$25.7M50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.759%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5301+0.065%$2.8M$13.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5304+0.085%$511K$3.3M20xas long as short
Nado XRP-PERP+0.0100%1h1.5292+0.010%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5299+0.055%$38.7M$82.3M100xas long as short
Pacifica XRP+0.0100%1h1.5272−0.123%$628K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5308+0.110%$543.3M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5301+0.065%$338.1M$929.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5302+0.072%$124.9M$880.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5264−0.177%$570K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5290−0.007%$115K$705K20xas long as short
Bulk XRP-USD+0.0100%1h1.5333+0.275%$1.7M$570K20xas long as short
Gate XRP_USDT+0.0100%8h1.5297+0.039%$360.6M$149.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5300+0.059%$293.8M$897.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5297+0.038%$108.2M$166.3M75xas long as short
Bitget XRPUSDTshort+0.0100%8h1.5301+0.065%$267.2M$377.1M125x
BingX XRP-USDT+0.0100%8h1.5301+0.065%$122.6Mas long as short
Variational Omni XRP+0.0100%8h1.5290−0.004%$8.2M$33.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5317+0.173%$665K$105.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5343+0.340%$1.1M$40.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5301+0.065%$1.0M$901K50xas long as short
Vest XRP-PERP+0.0100%1h1.5292+0.006%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5292+0.007%$46K$456K20xas long as short
Bullet XRP-USD+0.0100%1h1.5290−0.009%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5295+0.028%$823K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5298+0.046%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5298+0.046%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5296+0.036%$50.2M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5298+0.046%$54.5M$29.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5281−0.065%$476K$54K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5284−0.046%$11K$270K20xas long as short
Extended XRP-USD+0.0104%1h1.5295+0.023%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5294+0.020%$71K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.52910.000%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5292+0.003%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5301+0.065%$24.1M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5300+0.059%$5.8M$46.7M50xas long as short
Backpack XRP_USDC_PERP+0.0258%1h1.5307+0.105%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0304%1h1.5294+0.021%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0312%8h1.5279−0.078%$2.0M$34.7M2.9xas long as short
Hyperliquid XRP+0.0559%1h1.5316+0.163%$290.3M$215.5M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5295+0.025%$528K$744K10xas long as short
Aftermath Perps XRPUSD+0.0790%1h1.5324+0.216%$1K$11K10xas long as short