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: Variational Omni against BingX+0.450%7-day average +0.041% · 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)0.000%$0 on $10k
Price spread, last 7 days−0.430%−$43 · spread now +0.450%, 7d avg +0.041%
Together, before fees−0.430%+ Points / potential airdropVariational Omni: Active · farm board−$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.409% dearer against BingX than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.49370.0100pay 0.0100% / 8h2h 27m$4.2M
ShortVariational Omni XRP1.50040.0100get 0.0100% / 8h2h 27m$4.7M$38.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.450% → +0.041%
$40.86
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$30.86
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 2 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 BingX live order book, 8 min ago0.67 bp6.9 bp −$710.3 bp −$10319.9 bp −$1,99065.9 bp −$32.9K
Sell Variational Omni RFQ quote, 2 min ago2.03 bpdoesn't fit2.0 bp −$2011.4 bp −$1,143doesn'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%1h1.4958+0.141%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.4968+0.210%$14.1M$75.3M50xas long as short
dYdX XRP-USD0.0000%1h1.4966+0.197%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5010+0.489%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.4969+0.214%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.4937−0.001%$244K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+4.171%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0070% / S −0.0013%1h1.4961+0.160%$784K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.4960+0.154%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.4963+0.177%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.4965+0.187%$542K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.4940+0.020%$11K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.4948+0.077%$940K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.4957+0.134%$284.8M$261.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.4937−0.003%$38.0M$87.4M100xas long as short
Pacifica XRP+0.0100%1h1.4965+0.191%$598K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.4940+0.020%$522.9M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.49370.000%$339.1M$968.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.49370.000%$123.5M$887.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4954+0.114%$559K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.4961+0.161%$143K$729K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.602%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.4940+0.020%$365.6M$158.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.4942+0.033%$278.3M$917.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.4946+0.057%$104.4M$180.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.49370.000%$262.2M$399.2M125xas long as short
BingX XRP-USDClong+0.0100%8h1.4937long leg$4.2M
Variational Omni XRPshort+0.0100%8h1.5004+0.450%$4.7M$38.3M
edgeX XRPUSDC+0.0100%4h1.5011+0.498%$652K$112.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.427%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5018+0.542%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.4957+0.131%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.4947+0.067%$51K$492K20xas long as short
Bullet XRP-USD+0.0100%1h1.4939+0.013%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.4936−0.007%$61K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.4965+0.185%$805K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.4974+0.250%$125K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.4969+0.214%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.4971+0.227%$48.9M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4975+0.254%$53.4M$32.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.4966+0.191%$467K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.4951+0.095%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.4967+0.201%$57K$25K3xas long as short
Kalshi KXXRPPERP+0.0137%8h1.4990+0.355%$1.6M$35.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0159%1h1.4983+0.308%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.4974+0.248%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.4967+0.202%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4936−0.007%$1.3M$6K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5011+0.495%$23.3M$76.0M125xas long as short
RISEx XRP/USDC+0.0305%1h1.4954+0.117%$510K$781K10xas long as short
Aftermath Perps XRPUSD+0.0633%1h1.5011+0.497%$2K$16K10xas long as short