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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0294%/8h= −32.2% APRpaid last 24h −0.116%
Price spread now: SunX against RISEx−0.026%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$590.595% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.337%−$34 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.026%, 7d avg −0.027%
Together, before fees−0.424%−$42 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.51600.0394pay 0.0049% / 1h15m 05s$521K$798K10x
ShortSunX XRP-USDT1.51560.0100get 0.0100% / 8h15m 05s$127K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$61.81
Price spread: −0.026% → −0.027%
$0.05
Slippage, 4 orders
−$45.47
Fee RISEx: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$121.23
Costs to cover
0.595%
Break-even
never at this rate
Slippage from RISEx: live order book, 23 min ago; SunX: live order book, 11 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, 23 min ago2.90 bp5.9 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago16.95 bp26.7 bp −$2734.8 bp −$348doesn'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%1h1.5157−0.023%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5159−0.006%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5156−0.029%$7.7M$24.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5151−0.062%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.635%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5150−0.071%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5151−0.061%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5154−0.043%$603K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5157−0.020%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5150−0.069%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5153−0.046%$997K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5156−0.027%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5160−0.005%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5157−0.023%$528.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5155−0.036%$349.3M$951.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5158−0.016%$127.0M$863.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.122%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5161+0.004%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.116%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5153−0.049%$377.2M$162.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5151−0.062%$307.4M$927.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5150−0.072%$106.5M$183.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5156−0.029%$268.6M$389.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5149−0.076%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.081%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.51600.000%$659K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5177+0.108%$1.1M$34.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181+0.136%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5156−0.032%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5149−0.076%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5152−0.058%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5153−0.049%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5167+0.041%$816K$76K10xas long as short
SunX XRP-USDTshort+0.0100%8h1.5156−0.026%$127K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5150−0.069%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5157−0.020%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5152−0.056%$54.0M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5160−0.001%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5147−0.090%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5162+0.010%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5151−0.060%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0107% / S −0.0070%1h1.5151−0.060%$773K200xas long as short
Hyperliquid XRP+0.0140%1h1.5166+0.037%$289.6M$268.1M20xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5163+0.017%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0170%8h1.5165+0.030%$1.8M$34.0M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5152−0.056%$5.6M$47.9M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5153−0.049%$23.5M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5144−0.111%$1.3M$4K15xas long as short
RISEx XRP/USDClong+0.0394%1h1.5160long leg$521K$798K10x
Phoenix XRP+0.0526%1h1.5180+0.129%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0594%1h1.5155−0.036%$2K$16K10xas long as short