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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against SoDEX−0.020%56s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.020%, 7d avg +0.004%
Together, before fees+0.068%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.023% cheaper against SoDEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51530.0100pay 0.0013% / 1h15m 22s$29K$1.6M10x
ShortOKX XRP-USDT-SWAP1.51500.0100get 0.0100% / 8h15m 22s$127.0M$862.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.020% → +0.004%
−$2.34
Slippage, 4 orders
−$2.19
Fee SoDEX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$22.53
Costs to cover
0.202%
Break-even
never at this rate
Slippage from SoDEX: live order book, 3 min ago; OKX: 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, 3 min ago0.33 bp4.3 bp −$46.8 bp −$68doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.33 bp5.3 bp −$56.2 bp −$6214.1 bp −$1,40930.9 bp −$15.4K

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+0.026%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5159+0.043%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5158+0.033%$7.7M$24.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5154+0.009%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.686%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5153+0.001%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5159+0.042%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5162+0.059%$604K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5157+0.029%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5150−0.020%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5153+0.003%$997K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5155+0.013%$38.5M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5160+0.044%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5152−0.007%$528.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5148−0.033%$349.1M$951.4M100xas long as short
OKX XRP-USDT-SWAPshort+0.0100%8h1.5150−0.020%$127.0M$862.8M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.172%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5161+0.053%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.165%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5149−0.026%$377.1M$162.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5151−0.013%$307.3M$927.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5156+0.020%$106.5M$183.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5144−0.059%$268.4M$389.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5151−0.013%$107.9Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.032%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160+0.049%$659K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5177+0.157%$1.1M$34.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181+0.185%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5156+0.018%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5149−0.026%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5157+0.028%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.51530.000%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5167+0.090%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5164+0.075%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5153long leg$29K$1.6M10x
HTX XRP-USDT+0.0100%8h1.5163+0.065%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5157+0.026%$54.0M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5160+0.049%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5150−0.020%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5162+0.059%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5154+0.005%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0106% / S −0.0069%1h1.5153−0.003%$773K200xas long as short
Hyperliquid XRP+0.0140%1h1.5160+0.046%$289.5M$268.1M20xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5162+0.059%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0170%8h1.5173+0.132%$1.8M$34.0M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5163+0.066%$5.6M$48.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5163+0.066%$23.6M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5144−0.062%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5160+0.049%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180+0.178%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0594%1h1.5155+0.013%$2K$16K10xas long as short