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−0.0068%/8h= −7.4% APRnext payment $0.08 per $10,000 · paid last 24h −0.014%
Price spread now: Polymarket Perps against 01 Exchange−0.180%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 feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.180% cheaper against 01 Exchange than usual: you would sell low and buy high (−$18 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 XRPUSD1.55280.0168pay 0.0021% / 1h34m 02s$8K$8K10x
ShortPolymarket Perps XRP-USD1.55000.0100get 0.0013% / 1h34m 02s$46K$445K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$14.28
Price spread: −0.180% → 0.000%
−$18.03
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$47.31
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 48 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 Polymarket Perps live order book, 48 min ago2.27 bp6.9 bp −$79.8 bp −$98doesn'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%1h1.5561+0.213%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5550+0.144%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5542+0.090%$9.6M$25.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5532+0.024%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.533%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5545+0.111%$15.6M$68.4M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5541+0.084%$78K$941K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0130%1h1.5530+0.012%$915K200xas long as short
Lighter XRP+0.0096%1h1.5543+0.098%$3.0M$12.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5545+0.109%$456K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5496−0.203%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5541+0.081%$39.3M$77.3M100xas long as short
Pacifica XRP+0.0100%1h1.5556+0.183%$671K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5543+0.096%$559.7M$1.95B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5547+0.122%$349.3M$886.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5545+0.109%$127.5M$873.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5561+0.213%$580K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5548+0.129%$118K$732K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683+0.998%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5542+0.090%$375.2M$138.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5542+0.090%$289.4M$841.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5545+0.109%$114.0M$157.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5547+0.122%$270.9M$359.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5540+0.077%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5595+0.430%$11.8M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5600+0.462%$677K$100.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5597+0.444%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5645+0.753%$1.0M$880K50xas long as short
Vest XRP-PERP+0.0100%1h1.5515−0.085%$10K10xas long as short
Polymarket Perps XRP-USDshort+0.0100%1h1.5500−0.180%$46K$445K20x
Bullet XRP-USD+0.0100%1h1.5504−0.154%$42K$64K20xas long as short
Derive XRP-PERP+0.0100%1h1.5542+0.089%$837K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5509−0.123%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5541+0.084%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5525−0.019%$51.0M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5540+0.077%$55.4M$29.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5555+0.173%$485K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5534+0.039%$12K$249K20xas long as short
Extended XRP-USD+0.0104%1h1.5546+0.114%$2.2M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5541+0.082%$72K$40K3xas long as short
Hibachi XRP/USDT-P+0.0144%1h1.5580+0.338%$18K$81K7xas long as short
01 Exchange XRPUSDlong+0.0168%1h1.5528long leg$8K$8K10x
Reya XRPRUSDPERP+0.0211%1h1.5495−0.213%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5552+0.155%$5.8M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5551+0.148%$24.5M$73.2M125xas long as short
Backpack XRP_USDC_PERP+0.0273%1h1.5549+0.135%$1.8M$988K25xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5543+0.097%$1.9M$32.5M2.9xas long as short
Phoenix XRP+0.0516%1h1.5600+0.464%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5544+0.102%$509K$621K10xas long as short
Hyperliquid XRP+0.0605%1h1.5561+0.213%$290.9M$200.3M20xas long as short
Aftermath Perps XRPUSD+0.0697%1h1.5607+0.508%$1K$11K10xas long as short