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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against SoDEX−0.036%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$150.153% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.036%, 7d avg −0.018%
Together, before fees+0.170%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.52610.0100pay 0.0013% / 1h28m 03s$33K$1.4M10x
ShortExtended XRP-USD1.52550.0104get 0.0013% / 1h28m 03s$2.2M$6.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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
$0.84
Price spread: −0.036% → −0.018%
−$1.86
Slippage, 4 orders
−$2.27
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.29
Costs to cover
0.153%
Break-even
142.8 days
Slippage from SoDEX: live order book, 4 min ago; Extended: live order book, 4 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 SoDEX live order book, 4 min ago0.33 bp4.3 bp −$48.1 bp −$81doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago0.33 bp3.8 bp −$45.6 bp −$56doesn't fitdoesn't fit

XRP on 50 exchanges

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%1h1.5374+0.740%$5K$4K20xas long as short
01 Exchange XRPUSD−0.0072%1h1.5260−0.007%$9K$98710xas long as short
Kraken Futures PF_XRPUSD−0.0063%1h1.5265+0.024%$13.8M$69.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5255−0.037%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5260−0.007%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5265+0.026%$7.6M$20.9M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5258−0.018%$241K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.959%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5265+0.023%$17K$75K7xas long as short
Lighter XRP+0.0096%1h1.5263+0.012%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5267+0.039%$591K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5259−0.015%$476K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5254−0.046%$10K$405K20xas long as short
Nado XRP-PERP+0.0100%1h1.5255−0.036%$1.1M$5.8M20xas long as short
Hyperliquid XRP+0.0100%1h1.5274+0.085%$295.9M$267.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5260−0.007%$38.8M$80.2M100xas long as short
Pacifica XRP+0.0100%1h1.5257−0.026%$587K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.52610.000%$530.0M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.52610.000%$357.9M$869.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.52610.000%$123.7M$824.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5240−0.138%$560K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5264+0.020%$162K$696K20xas long as short
Gate XRP_USDT+0.0100%8h1.52610.000%$379.9M$158.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.52610.000%$307.5M$901.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5261−0.003%$104.4M$181.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5262+0.007%$270.0M$354.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5258−0.020%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5257−0.027%$4.9M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5249−0.079%$662K$109.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5255−0.039%$1.1M$32.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5256−0.033%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5260−0.005%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5258−0.020%$52K$473K20xas long as short
Bullet XRP-USD+0.0100%1h1.5258−0.021%$41K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5258−0.020%$83K$601K50xas long as short
SunX XRP-USDT+0.0100%8h1.5261+0.003%$128K$1.5M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5261long leg$33K$1.4M10x
HTX XRP-USDT+0.0100%8h1.5254−0.045%$49.7M$13.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.52610.000%$54.4M$33.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5287+0.167%$1.6M$32K20xas long as short
Extended XRP-USDshort+0.0104%1h1.5255−0.036%$2.2M$6.1M50x
Aevo XRP-PERP+0.0104%1h1.5256−0.034%$59K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0104%1h1.5273+0.079%$2.0M$1.2M25xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5264+0.020%$5.5M$42.8M50xas long as short
Kalshi KXXRPPERP+0.0127%8h1.5259−0.013%$1.9M$35.4M2.9xas long as short
BloFin XRP-USDT+0.0220%8h1.5257−0.026%$23.7M$77.6M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5255−0.039%$1.3M$1K15xas long as short
GMX XRP/USD [ETH-USDC]L +0.0226% / S −0.0461%1h1.5265+0.027%$859K200xas long as short
RISEx XRP/USDC+0.0239%1h1.5262+0.006%$513K$726K10xas long as short
Aftermath Perps XRPUSD+0.0338%1h1.5265+0.024%$3K$13K10xas long as short