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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Variational Omni−0.118%7-day average +0.026% · 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 4 days (all we have)+0.103%+$10 on $10k
Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.118%, 7d avg +0.026%
Together, before fees+0.386%+ Points / potential airdropVariational Omni: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.144% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of +0.026%). If the spread goes back, that is −$14 on $10k: about 4.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XRP1.51390.0100pay 0.0100% / 8h2h 55m$4.8M$38.3M
ShortBloFin XRP-USDT1.51210.0220get 0.0220% / 8h2h 55m$24.2M$75.8M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.118% → +0.026%
−$14.35
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1.15
Costs to cover
0.120%
Break-even
7.3 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BloFin: live order book, 4 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 fit4.3 bp −$4321.2 bp −$2,116doesn't fit
Sell BloFin live order book, 4 min ago1.33 bp7.3 bp −$78.0 bp −$8010.4 bp −$1,04217.9 bp −$8,952

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%1h1.5126−0.085%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5126−0.082%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5119−0.130%$1.1M$115K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5125−0.091%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5112−0.175%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.782%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5111−0.185%$793K200xas long as short
01 Exchange XRPUSD+0.0056%1h1.5113−0.171%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5123−0.104%$2.8M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5127−0.078%$497K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5104−0.230%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5109−0.199%$941K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5118−0.138%$289.7M$257.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5123−0.105%$38.9M$86.4M100xas long as short
Pacifica XRP+0.0100%1h1.5117−0.145%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5123−0.103%$531.7M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5118−0.138%$342.1M$950.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5122−0.111%$125.1M$888.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5124−0.098%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5115−0.158%$137K$717K20xas long as short
Gate XRP_USDT+0.0100%8h1.5109−0.197%$372.4M$155.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5108−0.204%$293.9M$903.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5110−0.188%$107.8M$179.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5120−0.125%$268.2M$392.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5114−0.164%$128.1Mas long as short
Variational Omni XRPlong+0.0100%8h1.5139long leg$4.8M$38.3M
edgeX XRPUSDC+0.0100%4h1.5127−0.076%$657K$111.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5138−0.009%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147+0.054%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5114−0.161%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5112−0.177%$49K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5109−0.197%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5120−0.125%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5120−0.123%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5115−0.160%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5124−0.098%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5126−0.084%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5125−0.091%$53.9M$31.7M50xas long as short
Bulk XRP-USD+0.0100%1h1.5107−0.207%$1.6M$29K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5112−0.179%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5116−0.149%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5117−0.144%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0167%8h1.5133−0.039%$1.8M$35.5M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5128−0.072%$5.7M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5106−0.214%$1.3M$7K15xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5121−0.118%$24.2M$75.8M125x
Backpack XRP_USDC_PERP+0.0246%1h1.5144+0.034%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5137−0.011%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5115−0.160%$515K$777K10xas long as short
Phoenix XRP+0.0528%1h1.5140+0.008%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0630%1h1.5123−0.107%$2K$15K10xas long as short