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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0356%/8h= −39.0% APRpaid last 24h −0.115%
Price spread now: Binance against RISEx−0.058%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.187% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.317%−$32 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.058%, 7d avg −0.049%
Together, before fees−0.318%−$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.51700.0456pay 0.0057% / 1h4m 00s$530K$786K10x
ShortBinance XRPUSDT1.51610.0100get 0.0100% / 8h6h 04m$537.3M$2.10B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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
−$74.83
Price spread: −0.058% → −0.049%
−$0.87
Slippage, 4 orders
−$2.68
Fee RISEx: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$94.38
Costs to cover
0.187%
Break-even
never at this rate
Slippage from RISEx: live order book, 65 min ago; Binance: live order book, 10 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 RISEx live order book, 65 min ago1.01 bp4.0 bp −$48.9 bp −$89doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.33 bp5.3 bp −$56.4 bp −$6412.4 bp −$1,24128.4 bp −$14.2K

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%1h1.5154−0.103%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5164−0.036%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.195%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158−0.077%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0053%1h1.5157−0.083%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.574%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5155−0.097%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5159−0.070%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5157−0.083%$7.6M$25.0M50xas long as short
Lighter XRP+0.0096%1h1.5158−0.074%$2.8M$14.4M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5158−0.077%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5157−0.083%$10K$299K20xas long as short
Nado XRP-PERP+0.0100%1h1.5170+0.006%$973K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5162−0.052%$38.5M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5169−0.002%$609K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5161−0.058%$537.3M$2.10B100x
Bybit XRPUSDT+0.0100%8h1.5159−0.070%$342.0M$927.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5159−0.070%$124.8M$866.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5128−0.274%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5170+0.003%$115K$693K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144−0.169%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5159−0.070%$368.7M$153.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5160−0.063%$294.8M$919.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5158−0.075%$106.8M$171.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5159−0.070%$267.4M$381.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5158−0.077%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5141−0.190%$6.3M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5131−0.254%$657K$109.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5120−0.327%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5137−0.215%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5162−0.050%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5165−0.030%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5159−0.070%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5162−0.048%$816K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5168−0.014%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5157−0.083%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5159−0.068%$49.7M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5157−0.083%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5168−0.013%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5158−0.076%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5155−0.093%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5168−0.011%$8K$8K10xas long as short
Hyperliquid XRP+0.0162%1h1.5168−0.011%$280.4M$219.3M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5161−0.056%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5164−0.037%$5.7M$46.6M50xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5146−0.158%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0333%1h1.5166−0.024%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0359%8h1.5168−0.011%$2.1M$35.2M2.9xas long as short
RISEx XRP/USDClong+0.0456%1h1.5170long leg$530K$786K10x
Aftermath Perps XRPUSD+0.0745%1h1.5145−0.159%$2K$14K10xas long as short