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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h −0.012%
Price spread now: Extended against 01 Exchange−0.174%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.174% cheaper against 01 Exchange than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.55430.0168pay 0.0021% / 1h32m 52s$8K$8K10x
ShortExtended XRP-USD1.55160.0104get 0.0013% / 1h32m 52s$2.2M$7.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$13.44
Price spread: −0.174% → 0.000%
−$17.41
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$42.85
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Extended: live order book, 1 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 Extended live order book, 1 min ago0.32 bp2.8 bp −$34.7 bp −$47doesn't fitdoesn'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%1h1.5537−0.039%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5530−0.084%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5520−0.148%$9.6M$25.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5522−0.136%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.628%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5518−0.162%$15.6M$68.4M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5521−0.142%$77K$941K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0129%1h1.5521−0.141%$914K200xas long as short
Lighter XRP+0.0096%1h1.5522−0.133%$3.0M$12.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5524−0.122%$455K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5528−0.093%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5516−0.175%$39.3M$77.3M100xas long as short
Pacifica XRP+0.0100%1h1.5542−0.009%$671K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5515−0.180%$558.7M$1.95B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5514−0.187%$348.2M$886.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5513−0.193%$127.4M$872.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5544+0.006%$580K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5542−0.006%$117K$735K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683+0.901%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5515−0.180%$374.7M$138.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5516−0.174%$289.7M$842.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5522−0.133%$113.7M$157.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5513−0.193%$270.6M$359.8M125xas long as short
BingX XRP-USDC+0.0100%8h1.5516−0.174%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5595+0.333%$11.8M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5564+0.132%$677K$100.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5554+0.073%$1.1M$41.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5582+0.251%$1.0M$881K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5529−0.090%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5523−0.131%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5524−0.119%$836K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5524−0.124%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5518−0.161%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5513−0.191%$51.0M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5520−0.148%$55.3M$29.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5530−0.087%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5531−0.077%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5536−0.045%$12K$250K20xas long as short
Extended XRP-USDshort+0.0104%1h1.5516−0.174%$2.2M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5522−0.138%$72K$40K3xas long as short
Hibachi XRP/USDT-P+0.0144%1h1.5580+0.241%$18K$81K7xas long as short
01 Exchange XRPUSDlong+0.0168%1h1.5543long leg$8K$8K10x
Reya XRPRUSDPERP+0.0211%1h1.5523−0.131%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5530−0.084%$5.8M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5518−0.161%$24.6M$73.3M125xas long as short
Backpack XRP_USDC_PERP+0.0269%1h1.5526−0.109%$1.8M$988K25xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5542−0.006%$1.9M$32.5M2.9xas long as short
Phoenix XRP+0.0516%1h1.5570+0.174%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5548+0.034%$510K$622K10xas long as short
Hyperliquid XRP+0.0602%1h1.5538−0.032%$290.4M$200.5M20xas long as short
Aftermath Perps XRPUSD+0.0709%1h1.5594+0.327%$1K$11K10xas long as short