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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h −0.010%
Price spread now: Arcus against 01 Exchange+0.073%57s7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Arcus is 0.073% dearer against 01 Exchange than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.50830.0088pay 0.0011% / 1h17m 48s$8K$8K10x
ShortArcus XRP-USD1.50940.0100get 0.0013% / 1h17m 48s$144K$712K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against 01 Exchange. 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
$2.52
Price spread: +0.073% → 0.000%
$7.29
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$1.69
Costs to cover
0.115%
Break-even
11.7 days
Slippage unknown: 01 Exchange: no order-book sample; Arcus: live order book, 31 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 01 Exchange no order-book sample
Sell Arcus live order book, 31 min ago0.99 bp4.8 bp −$510.9 bp −$10935.0 bp −$3,500doesn't fit
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5093+0.066%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5089+0.039%$14.2M$74.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5079−0.024%$1.1M$133K10xas long as short
Phoenix XRP0.0000%1h1.5080−0.020%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5088+0.032%$244K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.163%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0070% / S −0.0014%1h1.5087+0.024%$794K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5094+0.073%$7.7M$25.5M50xas long as short
01 Exchange XRPUSDlong+0.0088%1h1.5083long leg$8K$8K10x
Lighter XRP+0.0096%1h1.5082−0.007%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5085+0.013%$545K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5072−0.073%$10K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5080−0.017%$985K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5082−0.008%$38.3M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5084+0.008%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.50830.000%$524.6M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5087+0.027%$344.0M$964.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5087+0.027%$125.9M$883.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5044−0.259%$560K$31K5xas long as short
Arcus XRP-USDshort+0.0100%1h1.5094+0.073%$144K$712K20x
Bulk XRP-USD+0.0100%1h1.5026−0.375%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5079−0.027%$370.5M$160.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5088+0.033%$287.8M$923.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5086+0.023%$105.6M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5082−0.007%$264.9M$397.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5080−0.020%$105.9Mas long as short
Variational Omni XRP+0.0100%8h1.5046−0.246%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5054−0.191%$654K$113.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5028−0.365%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5002−0.537%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5088+0.036%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5090+0.046%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5089+0.040%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5088+0.033%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5091+0.050%$812K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5087+0.029%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5089+0.040%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5087+0.025%$49.3M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.50830.000%$53.8M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5096+0.083%$471K$55K50xas long as short
Hyperliquid XRP+0.0103%1h1.5092+0.060%$288.0M$262.1M20xas long as short
Extended XRP-USD+0.0104%1h1.5076−0.049%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5090+0.045%$58K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5098+0.099%$5.7M$48.4M50xas long as short
Backpack XRP_USDC_PERP+0.0190%1h1.5092+0.060%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5071−0.082%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0193%8h1.5091+0.053%$1.7M$35.7M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5087+0.029%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5093+0.066%$23.2M$77.0M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5085+0.016%$519K$786K10xas long as short
Aftermath Perps XRPUSD+0.0599%1h1.5048−0.230%$2K$16K10xas long as short