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: Bybit against Bitget+0.040%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.040%, 7d avg −0.005%
Together, before fees−0.050%−$5 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: Bybit is 0.045% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.50060.0100pay 0.0100% / 8h2h 33m$265.0M$397.2M125x
ShortBybit XRPUSDT1.50120.0100get 0.0100% / 8h2h 33m$340.9M$958.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.040% → −0.005%
$4.54
Slippage, 4 orders
−$2.94
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$21.41
Costs to cover
0.259%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 10 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, 5 min ago0.33 bp6.9 bp −$78.8 bp −$8819.4 bp −$1,93633.8 bp −$16.9K
Sell Bybit live order book, 10 min ago0.33 bp5.8 bp −$66.8 bp −$6813.3 bp −$1,32523.9 bp −$12.0K

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%1h1.5041+0.233%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5027+0.138%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5042+0.239%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.426%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5030+0.160%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5030+0.159%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.692%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5028+0.148%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5045+0.260%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5028+0.145%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5031+0.167%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5033+0.180%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5044+0.257%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5019+0.087%$287.7M$259.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5014+0.053%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5044+0.256%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5012+0.037%$526.3M$2.20B100xas long as short
Bybit XRPUSDTshort+0.0100%8h1.5012+0.040%$340.9M$958.5M100x
OKX XRP-USDT-SWAP+0.0100%8h1.5011+0.033%$124.2M$889.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036+0.200%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5046+0.267%$136K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.339%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5018+0.080%$368.4M$157.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5016+0.067%$285.5M$911.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5022+0.105%$106.3M$180.3M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5006long leg$265.0M$397.2M125x
BingX XRP-USDT+0.0100%8h1.5015+0.060%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.408%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056+0.334%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.406%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062+0.373%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5045+0.262%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5040+0.227%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5029+0.153%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5027+0.140%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5024+0.120%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5029+0.156%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5027+0.140%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5035+0.192%$49.1M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5028+0.147%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5052+0.304%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5015+0.057%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5025+0.123%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0133%8h1.5049+0.287%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0170%1h1.5033+0.180%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5031+0.167%$5.6M$48.3M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5080+0.495%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5032+0.176%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.486%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5046+0.265%$513K$777K10xas long as short
Aftermath Perps XRPUSD+0.0601%1h1.5061+0.369%$2K$15K10xas long as short