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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0205%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h +0.119%
Price spread now: RISEx against Pacifica+0.040%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.199% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.331%+$33 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.040%, 7d avg +0.032%
Together, before fees+0.314%+ Points / potential airdropPacifica: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XRP1.50970.0100pay 0.0013% / 1h13m 52s$600K$1.1M20x
ShortRISEx XRP/USDC1.51030.0305get 0.0038% / 1h13m 52s$519K$787K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Pacifica. 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
$43.08
Price spread: +0.040% → +0.032%
$0.81
Slippage, 4 orders
−$5.93
Fee Pacifica: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$23.96
Costs to cover
0.199%
Break-even
3.1 days
Slippage from Pacifica: live order book, 5 min ago; RISEx: live order book, 35 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 Pacifica live order book, 5 min ago0.66 bp4.7 bp −$57.9 bp −$79doesn't fitdoesn't fit
Sell RISEx live order book, 35 min ago1.82 bp4.8 bp −$58.7 bp −$87doesn't fitdoesn'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%1h1.5085−0.077%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5118+0.142%$14.2M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5088−0.057%$1.1M$133K10xas long as short
Phoenix XRP0.0000%1h1.5090−0.044%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5102+0.037%$244K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.070%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0071% / S −0.0016%1h1.5101+0.029%$796K200xas long as short
01 Exchange XRPUSD+0.0088%1h1.5099+0.016%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5119+0.150%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5119+0.148%$546K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5090−0.044%$10K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5098+0.013%$977K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5116+0.129%$38.4M$87.2M100xas long as short
Pacifica XRPlong+0.0100%1h1.5097long leg$600K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5115+0.121%$525.7M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5114+0.115%$343.7M$965.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5114+0.115%$126.4M$885.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5088−0.057%$561K$34K5xas long as short
Arcus XRP-USD+0.0100%1h1.5103+0.042%$144K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5026−0.464%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5119+0.148%$371.7M$160.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5118+0.142%$296.4M$925.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5119+0.146%$106.7M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5114+0.115%$265.4M$398.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5112+0.102%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5072−0.163%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5079−0.118%$655K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5083−0.090%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5086−0.070%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5099+0.013%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5102+0.036%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5101+0.031%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5109+0.082%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5112+0.103%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5099+0.018%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5115+0.122%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5108+0.075%$49.4M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5109+0.082%$53.9M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5106+0.064%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5114+0.119%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5114+0.116%$58K$25K3xas long as short
Hyperliquid XRP+0.0120%1h1.5128+0.208%$288.8M$262.3M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5119+0.148%$7.7M$25.5M50xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5121+0.162%$5.7M$48.6M50xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5077−0.132%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0196%1h1.5124+0.182%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0201%8h1.5117+0.135%$1.7M$35.7M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5098+0.011%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5086−0.070%$23.2M$77.1M125xas long as short
RISEx XRP/USDCshort+0.0305%1h1.5103+0.040%$519K$787K10x
Aftermath Perps XRPUSD+0.0594%1h1.5072−0.166%$2K$16K10xas long as short