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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Bulk−0.026%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.265% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.013%−$1 on $10k
Price spread, last 7 days+0.034%+$3 · spread now −0.026%, 7d avg −0.005%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.022% cheaper against Bulk than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.51290.0100pay 0.0013% / 1h52m 23s$1.6M$5K20x
ShortKuCoin XRPUSDTM1.51250.0100get 0.0100% / 8h1h 52m$107.2M$182.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bulk. 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
$0
Price spread: −0.026% → −0.005%
−$2.17
Slippage, 4 orders
−$7.45
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$28.63
Costs to cover
0.265%
Break-even
never at this rate
Slippage from Bulk: live order book, 2 min ago; KuCoin: live order book, 7 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 Bulk live order book, 2 min ago0.33 bp3.8 bp −$44.3 bp −$437.6 bp −$76019.0 bp −$9,495
Sell KuCoin live order book, 7 min ago0.50 bp10.6 bp −$1118.8 bp −$18852.7 bp −$5,266doesn'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%1h1.5138+0.060%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5149+0.131%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.073%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123−0.039%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5152+0.154%$14.5M$75.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.850%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5131+0.014%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0078% / S −0.0024%1h1.5144+0.097%$799K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5154+0.166%$7.7M$25.1M50xas long as short
Lighter XRP+0.0096%1h1.5147+0.123%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5152+0.153%$546K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5123−0.039%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5127−0.011%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5124−0.031%$38.4M$87.4M100xas long as short
Pacifica XRP+0.0100%1h1.5148+0.129%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5123−0.039%$527.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5125−0.026%$343.8M$966.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5125−0.026%$126.9M$889.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5129+0.001%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5154+0.166%$143K$718K20xas long as short
Bulk XRP-USDlong+0.0100%1h1.5129long leg$1.6M$5K20x
Gate XRP_USDT+0.0100%8h1.5141+0.080%$374.9M$158.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5123−0.039%$298.1M$917.6M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5125−0.026%$107.2M$182.1M75x
Bitget XRPUSDT+0.0100%8h1.5122−0.045%$266.2M$399.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5129+0.001%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5135+0.039%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5144+0.099%$658K$114.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.016%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156+0.179%$1.2M$1.2M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5126−0.019%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5123−0.037%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5147+0.120%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5149+0.136%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5148+0.126%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5147+0.120%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5149+0.130%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5151+0.146%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5155+0.173%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5134+0.031%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5135+0.043%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5146+0.116%$58K$25K3xas long as short
Hyperliquid XRP+0.0161%1h1.5137+0.054%$288.7M$264.1M20xas long as short
Backpack XRP_USDC_PERP+0.0164%1h1.5162+0.219%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5145+0.107%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5155+0.173%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0214%8h1.5149+0.133%$1.8M$35.4M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5120−0.057%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5145+0.107%$23.5M$77.7M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5132+0.024%$522K$796K10xas long as short
Aftermath Perps XRPUSD+0.0558%1h1.5147+0.123%$2K$16K10xas long as short