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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.014%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.014%, 7d avg +0.004%
Together, before fees−0.061%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XRPUSDT1.51910.0100pay 0.0100% / 8h7h 40m$354.6M$945.4M100x
ShortBinance XRPUSDT1.51930.0100get 0.0100% / 8h7h 40m$529.9M$2.18B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.014% → +0.004%
$0.97
Slippage, 4 orders
−$2.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.2
Costs to cover
0.232%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 3 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 Bybit live order book, 3 min ago0.33 bp6.7 bp −$78.4 bp −$8414.8 bp −$1,47528.1 bp −$14.0K
Sell Binance live order book, 3 min ago0.33 bp5.3 bp −$56.0 bp −$6010.4 bp −$1,04327.9 bp −$13.9K

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
Kraken Futures PF_XRPUSD−0.0172%1h1.5193+0.016%$14.7M$75.5M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5222+0.204%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5194+0.017%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5230+0.257%$68K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5198+0.046%$7.7M$23.9M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5190−0.009%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.429%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5214+0.150%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5194+0.020%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5198+0.046%$620K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5195+0.026%$20K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5203+0.082%$994K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5193+0.011%$38.5M$84.7M100xas long as short
Pacifica XRP+0.0100%1h1.5195+0.026%$611K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5193+0.014%$529.9M$2.18B100x
Bybit XRPUSDTlong+0.0100%8h1.5191long leg$354.6M$945.4M100x
OKX XRP-USDT-SWAP+0.0100%8h1.5193+0.013%$126.8M$854.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5204+0.086%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5206+0.099%$143K$709K20xas long as short
Bulk XRP-USD+0.0100%1h1.5227+0.240%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5196+0.033%$374.8M$152.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5201+0.066%$311.9M$913.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5202+0.070%$106.6M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.51910.000%$269.2M$383.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5199+0.053%$108.8Mas long as short
Variational Omni XRP+0.0100%8h1.51910.000%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5218+0.175%$661K$113.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5210+0.125%$1.1M$33.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5223+0.211%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5206+0.096%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5200+0.059%$52K$512K20xas long as short
Bullet XRP-USD+0.0100%1h1.5198+0.049%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5196+0.033%$77K$648K50xas long as short
Derive XRP-PERP+0.0100%1h1.5195+0.024%$817K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5202+0.074%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5193+0.013%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5206+0.097%$49.6M$15.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5193+0.013%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5207+0.103%$474K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5197+0.037%$2.1M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5192+0.010%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0116% / S −0.0080%1h1.5213+0.143%$789K200xas long as short
01 Exchange XRPUSD+0.0128%1h1.5200+0.059%$8K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5200+0.059%$5.6M$47.7M50xas long as short
Kalshi KXXRPPERP+0.0174%8h1.5202+0.072%$1.7M$33.3M2.9xas long as short
Hyperliquid XRP+0.0177%1h1.5205+0.092%$290.4M$267.9M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5194+0.020%$23.6M$77.9M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5195+0.028%$1.3M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0238%1h1.5204+0.086%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5202+0.074%$522K$798K10xas long as short
Aftermath Perps XRPUSD+0.0549%1h1.5212+0.139%$3K$16K10xas long as short