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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.2% APRnext payment $1.21 per $10,000 · paid last 24h −0.036%
Price spread now: Katana Perps against BloFin−0.007%7-day average −0.026% · 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 4 days (all we have)−0.144%−$14 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.007%, 7d avg −0.026%
Together, before fees−0.051%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.51510.0220pay 0.0220% / 8h1h 40m$23.6M$77.9M125x
ShortKatana Perps XRP-USD1.51500.0099get 0.0099% / 8h1h 40m$13K$368K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
−$25.4
Price spread: −0.007% → −0.026%
$1.97
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$39.23
Costs to cover
0.158%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Katana Perps: 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, 4 min ago0.66 bp6.7 bp −$77.0 bp −$7013.0 bp −$1,30428.6 bp −$14.3K
Sell Katana Perps no order-book sample
Katana Perps: 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%1h1.5157+0.040%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5151+0.003%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5150−0.007%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5140−0.075%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5138−0.085%$14.4M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.699%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0080%1h1.5159+0.053%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5140−0.073%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S −0.0029%1h1.5142−0.057%$799K200xas long as short
Lighter XRP+0.0096%1h1.5138−0.086%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5139−0.079%$544K$3.2M20xas long as short
Katana Perps XRP-USDshort+0.0099%8h1.5150−0.007%$13K$368K20x
Nado XRP-PERP+0.0100%1h1.5153+0.017%$988K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5140−0.072%$38.5M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5160+0.057%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5137−0.092%$529.6M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5133−0.119%$344.9M$969.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5135−0.106%$127.1M$888.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161+0.066%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5160+0.059%$143K$721K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145−0.040%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5146−0.033%$372.7M$159.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5137−0.092%$298.1M$921.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5138−0.085%$107.2M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5132−0.125%$267.0M$399.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5143−0.053%$106.4Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.021%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5135−0.105%$657K$114.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5145−0.042%$1.1M$36.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147−0.026%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5155+0.026%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5152+0.007%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5145−0.037%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5137−0.092%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5150−0.004%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145−0.039%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5135−0.106%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5140−0.072%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5135−0.106%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5166+0.098%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5131−0.132%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5136−0.099%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0156%1h1.5159+0.053%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5151+0.001%$17K$79K7xas long as short
Hyperliquid XRP+0.0165%1h1.5160+0.059%$288.3M$265.4M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5145−0.040%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5161+0.066%$1.8M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5143−0.051%$1.3M$5K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5151long leg$23.6M$77.9M125x
RISEx XRP/USDC+0.0316%1h1.5158+0.047%$523K$796K10xas long as short
Aftermath Perps XRPUSD+0.0566%1h1.5157+0.038%$2K$16K10xas long as short