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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against SunX+0.007%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$560.564% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 3 days (all we have)+0.035%+$4 · spread now +0.007%, 7d avg −0.006%
Together, before fees+0.005%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.51730.0100pay 0.0100% / 8h6h 28m$127K$1.8M30x
ShortPacifica XRP1.51740.0100get 0.0013% / 1h28m 54s$609K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.007% → −0.006%
$1.31
Slippage, 4 orders
−$40.44
Fee SunX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$55.13
Costs to cover
0.564%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; Pacifica: live order book, 5 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 ago14.30 bp18.3 bp −$1823.0 bp −$230doesn't fitdoesn't fit
Sell Pacifica live order book, 5 min ago0.33 bp4.3 bp −$48.1 bp −$81doesn't fitdoesn't fit

XRP on 50 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%1h1.5162−0.072%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5166−0.044%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5160−0.085%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5151−0.144%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0060%1h1.5151−0.147%$803K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.551%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5144−0.191%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0071%8h1.5154−0.125%$62K$953K50xas long as short
Lighter XRP+0.0096%1h1.5153−0.130%$2.8M$14.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5154−0.125%$517K$3.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5159−0.092%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5170−0.016%$870K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5159−0.094%$38.6M$84.2M100xas long as short
Pacifica XRPshort+0.0100%1h1.5174+0.007%$609K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5167−0.039%$539.5M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5167−0.039%$342.0M$941.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5167−0.039%$124.4M$873.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5136−0.243%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5174+0.007%$115K$700K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101−0.474%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5163−0.065%$368.5M$152.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5162−0.072%$290.2M$911.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5163−0.067%$107.0M$171.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5160−0.085%$265.8M$383.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5156−0.111%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5152−0.137%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5154−0.126%$659K$109.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5144−0.188%$1.1M$38.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5161−0.078%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5168−0.029%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5169−0.026%$44K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5156−0.113%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5157−0.108%$816K$76K10xas long as short
SunX XRP-USDTlong+0.0100%8h1.5173long leg$127K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5145−0.184%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5163−0.069%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5151−0.144%$53.9M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5172−0.005%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5159−0.091%$2.1M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5147−0.174%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5170−0.019%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0146%1h1.5149−0.158%$7.7M$25.3M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5157−0.103%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5153−0.131%$5.7M$46.6M50xas long as short
Hyperliquid XRP+0.0218%1h1.5166−0.045%$280.7M$223.2M20xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5159−0.088%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0352%8h1.5163−0.065%$2.1M$35.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0362%1h1.5163−0.065%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5174+0.008%$537K$783K10xas long as short
Aftermath Perps XRPUSD+0.0764%1h1.5149−0.154%$2K$14K10xas long as short