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: Variational Omni against BloFin+0.044%7-day average −0.027% · you sell dearer than you buy
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)−0.103%−$10 on $10k
Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.044%, 7d avg −0.027%
Together, before fees−0.359%+ Points / potential airdropVariational Omni: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.071% dearer against BloFin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.027%): +$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-USDT1.51410.0220pay 0.0220% / 8h4h 39m$24.1M$76.0M125x
ShortVariational Omni XRP1.51480.0100get 0.0100% / 8h4h 39m$5.4M$37.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.044% → −0.027%
$7.1
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$30.1
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 5 min ago0.99 bp7.0 bp −$77.9 bp −$7911.7 bp −$1,16718.0 bp −$8,977
Sell Variational Omni RFQ quote, 5 min ago2.05 bpdoesn't fit5.9 bp −$5920.8 bp −$2,085doesn'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%1h1.5162+0.139%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5137−0.024%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5155+0.093%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.059%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.51410.000%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149+0.054%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.767%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0040% / S +0.0030%1h1.5150+0.060%$788K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5153+0.079%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0080%8h1.51410.000%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5142+0.009%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5143+0.013%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5142+0.007%$10K$321K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147+0.036%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5162+0.139%$281.6M$225.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5151+0.065%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5160+0.122%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5139−0.013%$533.4M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5140−0.007%$344.5M$931.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.51410.000%$125.9M$873.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175+0.225%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5103−0.251%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146+0.031%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5150+0.059%$370.0M$153.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.51410.000%$289.4M$897.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5150+0.062%$108.0M$173.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5139−0.013%$267.6M$384.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5152+0.073%$4.2Mas long as short
Variational Omni XRPshort+0.0100%8h1.5148+0.044%$5.4M$37.3M
edgeX XRPUSDC+0.0100%4h1.5151+0.067%$658K$108.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180+0.258%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5149+0.053%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5157+0.105%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5154+0.086%$43K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5151+0.067%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5140−0.007%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5147+0.042%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5139−0.013%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5139−0.011%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5142+0.007%$54.0M$30.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5148+0.046%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5134−0.045%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5137−0.025%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5172+0.204%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0170%1h1.5170+0.192%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5147+0.040%$5.6M$47.1M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5151+0.067%$1.3M$7K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5141long leg$24.1M$76.0M125x
Kalshi KXXRPPERP+0.0316%8h1.5164+0.152%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5152+0.073%$516K$779K10xas long as short
Aftermath Perps XRPUSD+0.0665%1h1.5155+0.093%$2K$15K10xas long as short