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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Bullet+0.049%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.049% dearer against Bullet than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.55250.0100pay 0.0013% / 1h41m 29s$42K$67K20x
ShortExtended XRP-USD1.55330.0104get 0.0013% / 1h41m 29s$2.1M$7.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bullet. 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
$0.84
Price spread: +0.049% → 0.000%
$4.88
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$7.28
Costs to cover
0.130%
Break-even
67.7 days
Slippage unknown: Bullet: no order-book sample; Extended: live order book, 3 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 Bullet no order-book sample
Sell Extended live order book, 3 min ago0.32 bp2.8 bp −$34.7 bp −$47doesn't fitdoesn't fit
Bullet: 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 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%1h1.5532+0.044%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5529+0.027%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5550+0.160%$69K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5523−0.014%$9.6M$25.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5522−0.018%$260K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0104%1h1.5522−0.020%$854K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5526+0.008%$15.5M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0057%8h1.5518−0.046%$76K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+0.225%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5541+0.102%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5542+0.109%$443K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5522−0.017%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5524−0.007%$39.5M$80.4M100xas long as short
Pacifica XRP+0.0100%1h1.5538+0.086%$639K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5522−0.022%$555.9M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5517−0.052%$346.5M$917.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5510−0.097%$126.9M$887.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5546+0.134%$578K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5534+0.057%$117K$754K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.696%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5523−0.014%$374.3M$144.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5523−0.014%$297.9M$871.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5523−0.011%$113.0M$163.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5522−0.020%$271.4M$370.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5516−0.059%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5624+0.634%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5600+0.484%$677K$103.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5556+0.198%$1.1M$40.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5597+0.463%$1.0M$899K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5527+0.012%$48K$454K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5525long leg$42K$67K20x
Derive XRP-PERP+0.0100%1h1.5524−0.005%$836K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5529+0.022%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5523−0.014%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5533+0.049%$51.0M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5527+0.012%$55.2M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5539+0.088%$484K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5527+0.012%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5531+0.038%$13K$267K20xas long as short
Extended XRP-USDshort+0.0104%1h1.5533+0.049%$2.1M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5511−0.089%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5531+0.038%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5520−0.035%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5553+0.179%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5532+0.044%$5.9M$47.6M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5527+0.014%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0316%8h1.5543+0.115%$2.0M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0345%1h1.5538+0.083%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0615%1h1.5541+0.102%$295.8M$209.3M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5539+0.090%$505K$632K10xas long as short
Aftermath Perps XRPUSD+0.0807%1h1.5576+0.330%$1K$11K10xas long as short