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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against BloFin+0.072%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.207%−$21 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.072%, 7d avg +0.002%
Together, before fees−0.131%−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.070% dearer against BloFin than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.002%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.51060.0220pay 0.0220% / 8h3h 03m$24.1M$75.6M125x
ShortKuCoin XRPUSDTM1.51170.0100get 0.0100% / 8h3h 03m$108.7M$178.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$25.2
Price spread: +0.072% → +0.002%
$7
Slippage, 4 orders
−$12.07
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$54.27
Costs to cover
0.361%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; KuCoin: live order book, 11 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 BloFin live order book, 6 min ago2.65 bp8.6 bp −$98.7 bp −$8712.2 bp −$1,22424.3 bp −$12.1K
Sell KuCoin live order book, 11 min ago0.50 bp10.9 bp −$1113.0 bp −$130doesn't fitdoesn'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%1h1.5151+0.298%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5114+0.053%$1.1M$115K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5110+0.026%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5111+0.030%$265K150xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5108+0.013%$14.3M$74.8M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.005%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5110+0.029%$793K200xas long as short
Lighter XRP+0.0096%1h1.5110+0.027%$2.8M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5111+0.033%$495K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5109+0.020%$10K$355K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5111+0.030%$981K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5117+0.073%$38.9M$86.0M100xas long as short
Pacifica XRP+0.0100%1h1.5114+0.052%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5117+0.073%$531.6M$2.17B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5117+0.073%$342.9M$948.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5116+0.066%$125.0M$885.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5150+0.291%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5119+0.086%$137K$722K20xas long as short
Bulk XRP-USD+0.0100%1h1.5138+0.214%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5111+0.033%$372.7M$158.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5113+0.046%$294.0M$910.9M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5117+0.072%$108.7M$178.7M75x
Bitget XRPUSDT+0.0100%8h1.5115+0.060%$268.3M$391.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5111+0.033%$128.0Mas long as short
Variational Omni XRP+0.0100%8h1.5147+0.270%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5145+0.256%$658K$111.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5149+0.284%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5138+0.212%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5124+0.120%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5119+0.086%$49K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5111+0.033%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5108+0.013%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5107+0.008%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5115+0.057%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5108+0.013%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5112+0.043%$49.4M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5108+0.013%$53.8M$31.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5111+0.035%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5109+0.017%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5104−0.012%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0152%1h1.5115+0.060%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5114+0.053%$5.7M$48.1M50xas long as short
Kalshi KXXRPPERP+0.0184%8h1.5130+0.159%$1.8M$35.4M2.9xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5111+0.035%$1.3M$7K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5106long leg$24.1M$75.6M125x
Backpack XRP_USDC_PERP+0.0231%1h1.5118+0.079%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5146+0.267%$17K$82K7xas long as short
RISEx XRP/USDC+0.0358%1h1.5114+0.055%$515K$777K10xas long as short
Hyperliquid XRP+0.0360%1h1.5123+0.113%$290.2M$255.9M20xas long as short
Phoenix XRP+0.0528%1h1.5150+0.291%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0628%1h1.5140+0.224%$2K$15K10xas long as short