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+0.0003%/8h= +0.4% APRpaid last 24h −0.020%
Price spread now: Orderly against 01 Exchange+0.020%46s7-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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51630.0072pay 0.0009% / 1h34m 42s$8K$8K10x
ShortOrderly PERP_XRP_USDC1.51660.0075get 0.0075% / 8h5h 34m$62K$935K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0.68
Price spread: +0.020% → 0.000%
$1.98
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$10.34
Costs to cover
0.130%
Break-even
113.7 days
Slippage unknown: 01 Exchange: no order-book sample; Orderly: 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 Orderly no order-book sample
01 Exchange and Orderly: 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%1h1.5161−0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5153−0.063%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5163−0.001%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0033% / S +0.0045%1h1.5163−0.003%$818K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.618%$2K$107K30xas long as short
01 Exchange XRPUSDlong+0.0072%1h1.5163long leg$8K$8K10x
Orderly PERP_XRP_USDCshort+0.0075%8h1.5166+0.020%$62K$935K50x
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5169+0.040%$7.7M$25.4M50xas long as short
Lighter XRP+0.0096%1h1.5156−0.046%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5153−0.066%$512K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5154−0.059%$10K$308K20xas long as short
Nado XRP-PERP+0.0100%1h1.5162−0.003%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5162−0.007%$280.8M$220.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5171+0.051%$38.5M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5155−0.054%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5158−0.035%$537.3M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5158−0.033%$343.9M$925.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5159−0.026%$125.5M$867.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5112−0.336%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5162−0.007%$115K$707K20xas long as short
Bulk XRP-USD+0.0100%1h1.5156−0.045%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5157−0.040%$369.6M$151.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5158−0.033%$294.3M$896.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5153−0.067%$106.7M$171.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5155−0.053%$266.8M$380.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5157−0.040%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5151−0.082%$5.7M$36.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5123−0.265%$657K$109.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5134−0.191%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5125−0.251%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5158−0.034%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5166+0.020%$42K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5165+0.013%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5170+0.044%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5171+0.049%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5167+0.026%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5165+0.016%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5167+0.026%$53.9M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5160−0.020%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5153−0.064%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5165+0.011%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0204%1h1.5175+0.079%$1.9M$1.3M25xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5165+0.013%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5170+0.046%$5.6M$46.5M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5161−0.013%$24.3M$74.9M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5165+0.011%$14.5M$73.1M50xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5131−0.209%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0352%8h1.5168+0.033%$2.2M$34.9M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5167+0.023%$516K$776K10xas long as short
Phoenix XRP+0.0528%1h1.5130−0.218%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0698%1h1.5138−0.164%$2K$14K10xas long as short