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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Arcus against SunX−0.008%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$570.571% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.008%, 7d avg −0.020%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.50940.0100pay 0.0100% / 8h2h 18m$126K$1.8M30x
ShortArcus XRP-USD1.50930.0100get 0.0013% / 1h18m 46s$144K$712K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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: −0.008% → −0.020%
$1.25
Slippage, 4 orders
−$44.64
Fee SunX: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$55.89
Costs to cover
0.571%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; Arcus: live order book, 30 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, 7 min ago14.27 bp24.2 bp −$2429.1 bp −$291doesn't fitdoesn't fit
Sell Arcus live order book, 30 min ago0.99 bp4.8 bp −$510.9 bp −$10935.0 bp −$3,500doesn'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%1h1.5080−0.094%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5088−0.044%$14.2M$74.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5075−0.129%$1.1M$133K10xas long as short
Phoenix XRP0.0000%1h1.5080−0.094%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5087−0.050%$244K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.086%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0070% / S −0.0014%1h1.5086−0.056%$794K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5093−0.008%$7.7M$25.5M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5088−0.041%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5081−0.088%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5084−0.068%$545K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5076−0.121%$10K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5085−0.058%$987K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5094−0.002%$288.0M$262.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5083−0.074%$38.4M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5085−0.064%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5082−0.081%$524.0M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5081−0.087%$343.3M$963.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5082−0.081%$125.8M$882.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5044−0.333%$560K$31K5xas long as short
Arcus XRP-USDshort+0.0100%1h1.5093−0.008%$144K$712K20x
Bulk XRP-USD+0.0100%1h1.5026−0.449%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5085−0.061%$370.5M$160.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5083−0.074%$286.1M$922.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5087−0.050%$105.4M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5079−0.101%$264.7M$397.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5084−0.068%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5046−0.320%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5054−0.265%$654K$113.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5028−0.439%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5002−0.611%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5086−0.051%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5091−0.021%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5089−0.035%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5088−0.041%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5088−0.039%$812K$72K10xas long as short
SunX XRP-USDTlong+0.0100%8h1.5094long leg$126K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5088−0.041%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5090−0.028%$49.3M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5085−0.061%$53.8M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5091−0.024%$470K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5082−0.082%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5089−0.038%$58K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5093−0.008%$5.7M$48.4M50xas long as short
Kalshi KXXRPPERP+0.0187%8h1.5085−0.061%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5103+0.058%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5071−0.156%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5085−0.059%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5093−0.008%$23.2M$77.0M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5091−0.023%$520K$786K10xas long as short
Aftermath Perps XRPUSD+0.0595%1h1.5036−0.387%$2K$16K10xas long as short