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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Pacifica against BloFin+0.059%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$270.269% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.138%−$14 on $10k
Price spread, last 4 days (all we have)+0.500%+$50 · spread now +0.059%, 7d avg +0.003%
Together, before fees+0.363%+ Points / potential airdropPacifica: Active · farm board+$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.056% dearer against BloFin than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.003%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.51780.0220pay 0.0220% / 8h5h 29m$24.2M$75.1M125x
ShortPacifica XRP1.51870.0100get 0.0013% / 1h29m 03s$610K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.059% → +0.003%
$5.64
Slippage, 4 orders
−$6.92
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$46.48
Costs to cover
0.269%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Pacifica: live order book, 5 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, 5 min ago2.31 bp8.3 bp −$89.0 bp −$909.6 bp −$95915.2 bp −$7,598
Sell Pacifica live order book, 5 min ago0.33 bp4.3 bp −$4doesn't fitdoesn'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%1h1.5187+0.059%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5188+0.069%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5183+0.031%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5176−0.013%$7.7M$25.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.517%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0034% / S +0.0043%1h1.5183+0.031%$820K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5181+0.020%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0075%8h1.5179+0.007%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5173−0.034%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5173−0.033%$512K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5172−0.040%$10K$309K20xas long as short
Nado XRP-PERP+0.0100%1h1.5183+0.030%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5184+0.039%$281.4M$221.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5174−0.029%$38.5M$83.4M100xas long as short
Pacifica XRPshort+0.0100%1h1.5187+0.059%$610K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5172−0.040%$537.9M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5171−0.046%$344.5M$927.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5175−0.020%$125.9M$868.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5171−0.046%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5187+0.059%$115K$707K20xas long as short
Bulk XRP-USD+0.0100%1h1.5156−0.144%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.51780.000%$370.0M$152.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5173−0.033%$291.8M$898.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5170−0.055%$108.4M$171.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5179+0.007%$268.2M$380.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5177−0.007%$126.1Mas long as short
Variational Omni XRP+0.0100%8h1.5198+0.134%$5.8M$36.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5177−0.009%$659K$109.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5214+0.236%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.198%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5190+0.081%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5188+0.066%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5185+0.046%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5180+0.013%$817K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5187+0.056%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5173−0.033%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5182+0.024%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5171−0.046%$54.0M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5188+0.065%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5169−0.058%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5172−0.041%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0200%1h1.51780.000%$1.9M$1.3M25xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5184+0.039%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5177−0.007%$5.6M$46.5M50xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5178long leg$24.2M$75.1M125x
Hibachi XRP/USDT-P+0.0248%1h1.5198+0.133%$17K$82K7xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5170−0.051%$14.5M$73.1M50xas long as short
Kalshi KXXRPPERP+0.0354%8h1.5182+0.026%$2.1M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5187+0.058%$517K$776K10xas long as short
Phoenix XRP+0.0528%1h1.5190+0.079%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0680%1h1.5182+0.028%$2K$14K10xas long as short