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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h −0.011%
Price spread now: Bullet against 01 Exchange+0.054%7-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 3 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 +$1 a day on $10k at the current rate, and Bullet is 0.054% dearer against 01 Exchange than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51430.0072pay 0.0009% / 1h36m 13s$8K$8K10x
ShortBullet XRP-USD1.51510.0100get 0.0013% / 1h36m 13s$41K$68K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$5.88
Price spread: +0.054% → 0.000%
$5.37
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$3.75
Costs to cover
0.150%
Break-even
11.5 days
Slippage unknown: 01 Exchange: no order-book sample; Bullet: no order-book sample. 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 Bullet no order-book sample
01 Exchange and Bullet: 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%1h1.5132−0.073%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5142−0.009%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5151+0.052%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0033% / S +0.0045%1h1.5150+0.045%$817K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.754%$2K$107K30xas long as short
01 Exchange XRPUSDlong+0.0072%1h1.5143long leg$8K$8K10x
Orderly PERP_XRP_USDC+0.0075%8h1.5153+0.066%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5158+0.099%$7.6M$25.4M50xas long as short
Lighter XRP+0.0096%1h1.5158+0.101%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5159+0.106%$510K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5135−0.053%$10K$308K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147+0.023%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5153+0.066%$280.3M$220.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5147+0.029%$38.4M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5148+0.033%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5157+0.094%$537.3M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5153+0.066%$343.8M$925.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5156+0.086%$125.5M$866.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5112−0.205%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5150+0.046%$114K$706K20xas long as short
Bulk XRP-USD+0.0100%1h1.5136−0.049%$1.6M$88K20xas long as short
Gate XRP_USDT+0.0100%8h1.5153+0.066%$370.2M$151.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5155+0.079%$294.0M$896.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5153+0.067%$106.7M$171.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5153+0.066%$266.6M$380.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5147+0.026%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5121−0.148%$5.6M$36.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5123−0.134%$657K$109.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5119−0.156%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5120−0.152%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5140−0.021%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5149+0.040%$42K$449K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5151+0.054%$41K$68K20x
Derive XRP-PERP+0.0100%1h1.5157+0.093%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145+0.011%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5157+0.092%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5137−0.040%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5157+0.092%$53.9M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5148+0.031%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5150+0.048%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5153+0.066%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0200%1h1.5144+0.007%$1.9M$1.3M25xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5144+0.007%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5160+0.112%$5.6M$46.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5139−0.026%$24.2M$74.7M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5154+0.070%$14.5M$73.1M50xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5131−0.077%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0352%8h1.5142−0.007%$2.2M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5148+0.033%$516K$776K10xas long as short
Phoenix XRP+0.0528%1h1.5130−0.086%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0706%1h1.5133−0.065%$2K$14K10xas long as short