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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0331%/8h= −36.2% APRnext payment $0.41 per $10,000 · paid last 24h −0.100%
Price spread now: Bullet against RISEx+0.145%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bullet is 0.145% dearer against RISEx than usual: you sell high and buy low (spread +0.145% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.54630.0431pay 0.0054% / 1h1m 09s$406K$523K10x
ShortBullet XRP-USD1.54860.0100get 0.0013% / 1h1m 09s$42K$61K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
−$69.45
Price spread: +0.145% → 0.000%
$14.48
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$68.98
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: RISEx: live order book, 22 min ago; Bullet: no order-book sample. 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 RISEx live order book, 22 min ago3.44 bp6.4 bp −$611.2 bp −$112doesn't fitdoesn't fit
Sell Bullet no order-book sample
Bullet: 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%1h1.5457−0.040%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5454−0.063%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5430−0.215%$69K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5472+0.057%$9.4M$24.8M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5471+0.053%$259K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−1.120%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0049%8h1.5471+0.050%$81K$935K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0077% / S +0.0160%1h1.5478+0.094%$911K200xas long as short
Lighter XRP+0.0096%1h1.5472+0.057%$3.0M$11.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5474+0.070%$447K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5458−0.031%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5478+0.098%$39.4M$73.3M100xas long as short
Pacifica XRP+0.0100%1h1.5462−0.010%$675K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5471+0.050%$556.5M$1.88B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5465+0.011%$348.1M$854.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5464+0.005%$126.1M$852.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5393−0.454%$575K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5461−0.015%$121K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5455−0.056%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5486+0.147%$369.0M$134.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5461−0.015%$284.6M$827.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5468+0.033%$112.7M$149.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5461−0.015%$268.0M$347.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5463−0.002%$114.8Mas long as short
Variational Omni XRP+0.0100%8h1.5410−0.346%$6.6M$24.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5414−0.321%$670K$96.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5398−0.422%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5386−0.500%$1.0M$879K50xas long as short
Vest XRP-PERP+0.0100%1h1.5454−0.060%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5470+0.044%$51K$437K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5486+0.145%$42K$61K20x
Derive XRP-PERP+0.0100%1h1.5468+0.029%$833K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5487+0.156%$130K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5470+0.044%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5467+0.022%$50.9M$15.0M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5470+0.044%$55.2M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5458−0.032%$482K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5459−0.027%$11K$242K20xas long as short
Extended XRP-USD+0.0104%1h1.5467+0.024%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5468+0.032%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0152%1h1.5462−0.008%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0168%1h1.5469+0.038%$15.8M$65.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5475+0.076%$5.7M$45.2M50xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5480+0.109%$1.4M$9K15xas long as short
Backpack XRP_USDC_PERP+0.0212%1h1.5478+0.095%$1.8M$956K25xas long as short
BloFin XRP-USDT+0.0220%8h1.5467+0.024%$24.3M$69.4M125xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5463−0.002%$1.8M$32.0M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5457−0.039%$19K$66K7xas long as short
RISEx XRP/USDClong+0.0431%1h1.5463long leg$406K$523K10x
Hyperliquid XRP+0.0521%1h1.5472+0.057%$285.8M$191.1M20xas long as short
Aftermath Perps XRPUSD+0.0575%1h1.5435−0.180%$1K$11K10xas long as short