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−0.0185%/8h= −20.3% APRpaid last 24h −0.121%
Price spread now: GMX against BloFin−0.004%7-day average +0.015% · you buy dearer than you sell
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 3 days (all we have)−0.351%−$35 on $10k
Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.004%, 7d avg +0.015%
Together, before fees−0.237%−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.52050.0220pay 0.0220% / 8h1h 25m$23.7M$78.1M125x
ShortGMX XRP/USD [ETH-USDC]1.5204L +0.0085% / S −0.0035%get 0.0004% / 1h25m 52s$802K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against BloFin. 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
−$38.91
Price spread: −0.004% → +0.015%
−$1.9
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$64.81
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; GMX: no order-book sample. 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 BloFin live order book, 3 min ago0.33 bp6.7 bp −$77.0 bp −$7011.2 bp −$1,11619.7 bp −$9,844
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5214+0.059%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5221+0.103%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170−0.230%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5226+0.138%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5232+0.176%$14.4M$74.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.335%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5233+0.184%$7.7M$24.8M50xas long as short
GMX XRP/USD [ETH-USDC]shortL +0.0085% / S −0.0035%1h1.5204−0.004%$802K200x
Lighter XRP+0.0096%1h1.5232+0.176%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5232+0.178%$547K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5219+0.092%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5225+0.135%$991K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5221+0.106%$38.6M$87.8M100xas long as short
Pacifica XRP+0.0100%1h1.5223+0.118%$619K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5221+0.103%$534.1M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5209+0.026%$346.7M$962.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5210+0.033%$127.6M$886.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5198−0.046%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5234+0.191%$144K$715K20xas long as short
Gate XRP_USDT+0.0100%8h1.5218+0.085%$377.7M$160.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5223+0.118%$304.3M$926.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5227+0.145%$107.9M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5224+0.125%$268.4M$397.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5217+0.079%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5158−0.310%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5165−0.266%$659K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5162−0.283%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5169−0.237%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5226+0.138%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5233+0.184%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5230+0.163%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5226+0.138%$65K$773K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.372%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5234+0.191%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5231+0.171%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5229+0.159%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5226+0.138%$54.5M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5157−0.316%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5231+0.170%$475K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5222+0.110%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5234+0.191%$9K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5227+0.145%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0144%1h1.5172−0.218%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5234+0.191%$5.7M$48.4M50xas long as short
Backpack XRP_USDC_PERP+0.0187%1h1.5241+0.237%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0199%1h1.5245+0.263%$289.9M$265.1M20xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5228+0.151%$1.8M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5228+0.152%$1.3M$5K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5205long leg$23.7M$78.1M125x
RISEx XRP/USDC+0.0316%1h1.5235+0.196%$532K$800K10xas long as short
Aftermath Perps XRPUSD+0.0606%1h1.5183−0.144%$2K$16K10xas long as short