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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.011%
Price spread now: 01 Exchange against Bulk−0.458%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.458% cheaper against Bulk than usual: you would sell low and buy high (spread −0.458% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 42 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.51900.0100pay 0.0013% / 1h16m 57s$1.6M$330K20x
Short01 Exchange XRPUSD1.51200.0136get 0.0017% / 1h16m 57s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$7.56
Price spread: −0.458% → 0.000%
−$45.76
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$52.2
Costs to cover
0.140%
Break-even
55.3 days
Slippage unknown: Bulk: live order book, 2 min ago; 01 Exchange: 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 Bulk live order book, 2 min ago0.66 bp4.2 bp −$45.5 bp −$558.6 bp −$86321.2 bp −$10.6K
Sell 01 Exchange no order-book sample
01 Exchange: 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 50 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%1h1.5131−0.385%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5129−0.398%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5160−0.194%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123−0.438%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0022% / S +0.0057%1h1.5123−0.438%$799K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.439%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5127−0.410%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5127−0.411%$62K$953K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5130−0.392%$7.6M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5131−0.384%$2.8M$14.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5133−0.372%$511K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5113−0.504%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5120−0.454%$933K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5122−0.444%$38.5M$84.2M100xas long as short
Pacifica XRP+0.0100%1h1.5130−0.392%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5129−0.396%$536.6M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5134−0.365%$340.8M$940.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5122−0.444%$124.0M$871.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5130−0.392%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5123−0.438%$114K$700K20xas long as short
Bulk XRP-USDlong+0.0100%1h1.5190long leg$1.6M$330K20x
Gate XRP_USDT+0.0100%8h1.5127−0.411%$367.9M$152.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5130−0.392%$290.4M$915.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5120−0.459%$106.8M$171.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5129−0.398%$266.5M$384.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5124−0.431%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5151−0.255%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5134−0.366%$657K$109.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5152−0.244%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5134−0.365%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5127−0.411%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5127−0.411%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5127−0.411%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5130−0.394%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5134−0.365%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5129−0.398%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5133−0.369%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5127−0.411%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5130−0.388%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5126−0.419%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5125−0.423%$58K$25K3xas long as short
01 Exchange XRPUSDshort+0.0136%1h1.5120−0.458%$8K$8K10x
Hyperliquid XRP+0.0186%1h1.5137−0.346%$280.2M$222.1M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5119−0.465%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5133−0.372%$5.7M$46.6M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5132−0.378%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0339%1h1.5132−0.379%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0362%8h1.5132−0.379%$2.1M$35.7M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5123−0.435%$529K$787K10xas long as short
Aftermath Perps XRPUSD+0.0767%1h1.5148−0.274%$2K$14K10xas long as short