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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against SunX−0.122%47s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.122%, 7d avg +0.011%
Together, before fees−0.121%−$12 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: ApeX Omni is 0.133% cheaper against SunX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.51600.0100pay 0.0100% / 8h4h 43m$127K$1.8M30x
ShortApeX Omni XRPUSDT1.51420.0100get 0.0013% / 1h43m 25s$1.2M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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: −0.122% → +0.011%
−$13.25
Slippage, 4 orders
−$50.21
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$81.47
Costs to cover
0.682%
Break-even
never at this rate
Slippage from SunX: live order book, 12 min ago; ApeX Omni: live order book, 1 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 SunX live order book, 12 min ago12.99 bp25.5 bp −$2628.6 bp −$286doesn't fitdoesn't fit
Sell ApeX Omni live order book, 1 min ago4.95 bp9.9 bp −$1015.9 bp −$159doesn'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%1h1.5162+0.010%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5163+0.014%$14.3M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5163+0.015%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.135%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5147−0.089%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.635%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0039% / S +0.0031%1h1.5163+0.018%$788K200xas long as short
01 Exchange XRPUSD+0.0056%1h1.5154−0.043%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0079%8h1.5164+0.023%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5165+0.030%$7.7M$25.6M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5164+0.024%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5164+0.023%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5146−0.096%$10K$318K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147−0.092%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5156−0.030%$281.6M$225.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5162+0.009%$38.4M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5164+0.026%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5149−0.076%$533.5M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5150−0.069%$344.9M$931.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5151−0.063%$125.9M$874.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5133−0.181%$562K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5115−0.300%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146−0.097%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5158−0.016%$370.2M$153.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5147−0.089%$298.5M$896.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5146−0.097%$107.9M$173.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5149−0.076%$268.0M$383.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5161+0.003%$126.4Mas long as short
Variational Omni XRP+0.0100%8h1.5129−0.210%$5.4M$37.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5113−0.315%$656K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5138−0.148%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDTshort+0.0100%1h1.5142−0.122%$1.2M$1.1M50x
Vest XRP-PERP+0.0100%1h1.5151−0.066%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5152−0.056%$43K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5145−0.100%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5163+0.018%$816K$72K10xas long as short
SunX XRP-USDTlong+0.0100%8h1.5160long leg$127K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5163+0.016%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5156−0.032%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5167+0.043%$54.1M$30.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5159−0.011%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5155−0.039%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5160−0.002%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5165+0.028%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0169%1h1.5179+0.122%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5171+0.069%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5143−0.117%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5136−0.162%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5169+0.056%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5156−0.033%$516K$780K10xas long as short
Aftermath Perps XRPUSD+0.0664%1h1.5146−0.096%$2K$15K10xas long as short