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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Arcus against Variational Omni−0.003%7-day average −0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.310%−$31 · spread now −0.003%, 7d avg −0.009%
Together, before fees−0.301%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XRP1.52900.0100pay 0.0100% / 8h5m 40s$8.2M$33.8M
ShortArcus XRP-USD1.52900.0100get 0.0013% / 1h5m 40s$115K$705K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Variational Omni. 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: −0.003% → −0.009%
$0.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$3.85
Costs to cover
0.045%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Arcus: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago2.02 bpdoesn't fit8.9 bp −$8927.1 bp −$2,707doesn't fit
Sell Arcus live order book, 8 min ago1.30 bp4.6 bp −$57.6 bp −$7626.5 bp −$2,646doesn'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%1h1.5278−0.081%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5261−0.191%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5340+0.324%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5292+0.012%$256K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0091%1h1.5291+0.003%$838K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5304+0.089%$9.3M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5304+0.086%$14.9M$69.8M50xas long as short
Orderly PERP_XRP_USDC+0.0060%8h1.5299+0.056%$75K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.763%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5268−0.145%$2.8M$13.7M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5268−0.147%$510K$3.3M20xas long as short
Nado XRP-PERP+0.0100%1h1.5300+0.066%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5274−0.106%$38.7M$82.2M100xas long as short
Pacifica XRP+0.0100%1h1.5272−0.120%$628K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5269−0.142%$541.9M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5279−0.075%$337.5M$929.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5285−0.036%$124.5M$879.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5264−0.173%$570K$41K5xas long as short
Arcus XRP-USDshort+0.0100%1h1.5290−0.003%$115K$705K20x
Bulk XRP-USD+0.0100%1h1.5333+0.279%$1.7M$570K20xas long as short
Gate XRP_USDT+0.0100%8h1.5274−0.107%$360.0M$149.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5282−0.055%$294.2M$897.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5269−0.140%$108.2M$166.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5284−0.042%$266.9M$377.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5271−0.127%$3.7Mas long as short
Variational Omni XRPlong+0.0100%8h1.5290long leg$8.2M$33.8M
edgeX XRPUSDC+0.0100%4h1.5337+0.307%$666K$105.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5343+0.344%$1.1M$40.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5338+0.311%$1.0M$901K50xas long as short
Vest XRP-PERP+0.0100%1h1.5298+0.050%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5301+0.069%$47K$456K20xas long as short
Bullet XRP-USD+0.0100%1h1.5291+0.004%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5303+0.081%$824K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5306+0.102%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5301+0.069%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5288−0.013%$50.2M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5308+0.115%$54.5M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5281−0.061%$476K$54K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5284−0.042%$11K$270K20xas long as short
Extended XRP-USD+0.0104%1h1.5290−0.006%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5298+0.052%$71K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5291+0.004%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5285−0.039%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5314+0.154%$24.1M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5309+0.121%$5.8M$46.7M50xas long as short
Backpack XRP_USDC_PERP+0.0259%1h1.5313+0.148%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0296%1h1.5345+0.356%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5306+0.102%$2.0M$34.6M2.9xas long as short
Hyperliquid XRP+0.0558%1h1.5287−0.022%$289.7M$215.5M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5295+0.028%$528K$744K10xas long as short
Aftermath Perps XRPUSD+0.0796%1h1.5332+0.270%$1K$11K10xas long as short