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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.026%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.026%, 7d avg +0.045%
Together, before fees−0.055%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.51560.0100pay 0.0100% / 8h15m 50s$4.2M
ShortBinance XRPUSDT1.51600.0100get 0.0100% / 8h15m 50s$528.9M$2.22B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
Price spread: +0.026% → +0.045%
−$1.89
Slippage, 4 orders
−$6.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$28.69
Costs to cover
0.268%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 13 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 BingX live order book, 9 min ago0.66 bp7.4 bp −$711.1 bp −$11128.0 bp −$2,79786.5 bp −$43.3K
Sell Binance live order book, 13 min ago0.33 bp5.3 bp −$55.8 bp −$5810.3 bp −$1,02825.6 bp −$12.8K

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%1h1.5167+0.073%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5169+0.085%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5158+0.013%$7.7M$24.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5154−0.011%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.666%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5153−0.019%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5155−0.010%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5159+0.020%$604K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5163+0.044%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5161+0.033%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5162+0.043%$998K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5158+0.016%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5168+0.077%$610K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5160+0.026%$528.9M$2.22B100x
Bybit XRPUSDT+0.0100%8h1.5158+0.013%$349.3M$951.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5158+0.013%$127.1M$863.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.152%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5170+0.092%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.146%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.51560.000%$377.3M$162.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5158+0.013%$307.0M$927.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5152−0.029%$106.5M$183.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.51560.000%$268.6M$389.1M125xas long as short
BingX XRP-USDClong+0.0100%8h1.5156long leg$4.2M
Variational Omni XRP+0.0100%8h1.5148−0.052%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5169+0.087%$660K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5177+0.137%$1.1M$34.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181+0.165%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5166+0.066%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.046%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5157+0.008%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5154−0.013%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5167+0.070%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5164+0.055%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5153−0.020%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5163+0.045%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5157+0.007%$54.0M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5169+0.088%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5151−0.034%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5166+0.066%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5154−0.015%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0106% / S −0.0069%1h1.5153−0.023%$773K200xas long as short
Hyperliquid XRP+0.0141%1h1.5171+0.099%$289.7M$268.1M20xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5162+0.040%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0170%8h1.5173+0.112%$1.8M$34.0M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5163+0.046%$5.6M$48.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5163+0.046%$23.6M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5156+0.002%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5168+0.080%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180+0.158%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0600%1h1.5161+0.033%$2K$16K10xas long as short