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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget−0.013%105s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
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+0.179%+$18 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.013%, 7d avg +0.004%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.53310.0100pay 0.0100% / 8h5h 49m$271.9M$357.0M125x
ShortBloFin XRP-USDT1.53290.0220get 0.0220% / 8h5h 49m$24.0M$78.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$25.2
Price spread: −0.013% → +0.004%
−$1.69
Slippage, 4 orders
−$2.85
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$3.34
Costs to cover
0.268%
Break-even
7.9 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 3 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 Bitget live order book, 3 min ago0.33 bp6.3 bp −$67.7 bp −$7720.1 bp −$2,01130.8 bp −$15.4K
Sell BloFin live order book, 3 min ago0.98 bp7.0 bp −$78.0 bp −$8010.3 bp −$1,03420.9 bp −$10.4K

XRP on 50 exchanges

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%1h1.5403+0.470%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5332+0.007%$14.0M$70.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5337+0.040%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5340+0.059%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5333+0.013%$7.8M$21.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5357+0.168%$246K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.53310.000%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.494%$2K$107K30xas long as short
SoDEX XRP-USD+0.0045%1h1.5329−0.013%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5331−0.002%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5336+0.033%$599K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5332+0.005%$478K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5326−0.033%$10K$401K20xas long as short
Nado XRP-PERP+0.0100%1h1.5334+0.023%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5344+0.085%$299.1M$266.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5337+0.039%$39.3M$81.5M100xas long as short
Pacifica XRP+0.0100%1h1.5333+0.013%$592K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5334+0.020%$534.9M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5338+0.046%$361.8M$888.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5336+0.033%$124.8M$837.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5321−0.065%$563K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5337+0.039%$165K$681K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.313%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5337+0.039%$382.3M$156.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5330−0.007%$314.1M$889.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5331+0.001%$105.9M$181.7M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5331long leg$271.9M$357.0M125x
BingX XRP-USDT+0.0100%8h1.5338+0.046%$101.1Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5345+0.091%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5325−0.042%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5326−0.030%$666K$109.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5340+0.061%$1.1M$30.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5341+0.065%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5333+0.016%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5334+0.020%$52K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5334+0.020%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5337+0.039%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5329−0.011%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5319−0.080%$49.9M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5335+0.026%$54.6M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5325−0.036%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5322−0.059%$59K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5326−0.034%$17K$76K7xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5332+0.007%$5.5M$44.0M50xas long as short
Kalshi KXXRPPERP+0.0138%8h1.5336+0.033%$1.9M$35.0M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0203% / S −0.0551%1h1.5345+0.090%$805K200xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5329−0.013%$24.0M$78.3M125x
Reya XRPRUSDPERP+0.0223%1h1.5323−0.052%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5335+0.029%$515K$736K10xas long as short
Aftermath Perps XRPUSD+0.0430%1h1.5356+0.161%$3K$13K10xas long as short