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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h +0.117%
Price spread now: RISEx against Binance−0.011%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$220.216% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.341%+$34 on $10k
Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.011%, 7d avg +0.046%
Together, before fees+0.416%+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.057% cheaper against Binance than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.046%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.51410.0100pay 0.0100% / 8h1h 39m$529.7M$2.22B100x
ShortRISEx XRP/USDC1.51390.0316get 0.0040% / 1h39m 32s$522K$797K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Binance. 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
$45.42
Price spread: −0.011% → +0.046%
−$5.73
Slippage, 4 orders
−$5.61
Fee Binance: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$18.08
Costs to cover
0.216%
Break-even
4.2 days
Slippage from Binance: live order book, 5 min ago; RISEx: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago0.33 bp5.8 bp −$66.8 bp −$6813.4 bp −$1,33531.2 bp −$15.6K
Sell RISEx live order book, 4 min ago2.24 bp5.2 bp −$511.3 bp −$113doesn't fitdoesn't fit

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%1h1.5136−0.033%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5135−0.040%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.060%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5140−0.009%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5138−0.019%$14.4M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.768%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0080%1h1.5139−0.013%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5140−0.006%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S −0.0029%1h1.5142+0.010%$799K200xas long as short
Lighter XRP+0.0096%1h1.5135−0.039%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5136−0.033%$544K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5133−0.052%$13K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5133−0.053%$985K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5134−0.046%$38.5M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5135−0.037%$615K$1.1M20xas long as short
Binance XRPUSDTlong+0.0100%8h1.5141long leg$529.7M$2.22B100x
Bybit XRPUSDT+0.0100%8h1.5137−0.026%$344.9M$969.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5139−0.013%$127.1M$887.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151+0.066%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5142+0.007%$143K$720K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145+0.027%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5132−0.059%$372.3M$159.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5137−0.026%$298.1M$921.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5135−0.039%$107.0M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5137−0.026%$267.1M$398.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5131−0.066%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5148+0.046%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5150+0.060%$658K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5151+0.069%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156+0.100%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5144+0.020%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5143+0.014%$47K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5145+0.030%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5137−0.026%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5137−0.026%$814K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145+0.028%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5135−0.039%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5140−0.006%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5135−0.039%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5142+0.004%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5129−0.077%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5136−0.033%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0157%1h1.5143+0.014%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5145+0.028%$17K$79K7xas long as short
Hyperliquid XRP+0.0168%1h1.5153+0.080%$288.0M$264.5M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5145+0.027%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5161+0.133%$1.8M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5136−0.032%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5151+0.066%$23.6M$77.9M125xas long as short
RISEx XRP/USDCshort+0.0316%1h1.5139−0.011%$522K$797K10x
Aftermath Perps XRPUSD+0.0566%1h1.5157+0.104%$2K$16K10xas long as short