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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h −0.021%
Price spread now: 01 Exchange against Coinbase International−0.086%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and 01 Exchange is 0.086% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XRP-PERP-INTX1.51810.0184pay 0.0023% / 1h17m 28s$5.8M$48.0M50x
Short01 Exchange XRPUSD1.51680.0168get 0.0021% / 1h17m 28s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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
−$3.36
Price spread: −0.086% → 0.000%
−$8.56
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$28.92
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: 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 Coinbase International live order book, 2 min ago0.33 bp9.0 bp −$912.8 bp −$12828.7 bp −$2,875doesn't fit
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 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%1h1.5167−0.092%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5179−0.014%$1.1M$115K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5171−0.066%$259K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5173−0.053%$7.8M$25.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5170−0.072%$14.4M$74.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.497%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5171−0.068%$796K200xas long as short
Lighter XRP+0.0096%1h1.5182+0.009%$2.9M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5185+0.026%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5159−0.145%$9K$351K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5176−0.030%$977K$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5171−0.068%$38.9M$85.7M100xas long as short
Pacifica XRP+0.0100%1h1.5176−0.031%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5172−0.059%$535.7M$2.16B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5173−0.053%$345.3M$945.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5176−0.033%$126.1M$885.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5163−0.119%$564K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5169−0.079%$137K$721K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164−0.109%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5171−0.066%$372.5M$156.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5171−0.066%$296.4M$907.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5164−0.110%$109.3M$178.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5169−0.079%$269.3M$390.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5170−0.072%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5187+0.038%$4.9M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5180−0.004%$659K$110.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5170−0.073%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5163−0.119%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5169−0.081%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5175−0.040%$45K$479K20xas long as short
Bullet XRP-USD+0.0100%1h1.5171−0.066%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5172−0.059%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5168−0.089%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5171−0.065%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5167−0.092%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5167−0.093%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5171−0.066%$54.0M$31.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5175−0.038%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5158−0.150%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5168−0.087%$58K$25K3xas long as short
01 Exchange XRPUSDshort+0.0168%1h1.5168−0.086%$8K$8K10x
Coinbase International XRP-PERP-INTXlong+0.0184%1h1.5181long leg$5.8M$48.0M50x
Reya XRPRUSDPERP+0.0217%1h1.5168−0.084%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5158−0.152%$24.2M$75.7M125xas long as short
Backpack XRP_USDC_PERP+0.0252%1h1.5183+0.013%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0264%8h1.5168−0.086%$1.9M$35.2M2.9xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5167−0.095%$17K$82K7xas long as short
RISEx XRP/USDC+0.0358%1h1.5168−0.084%$516K$776K10xas long as short
Hyperliquid XRP+0.0409%1h1.5177−0.026%$298.3M$251.4M20xas long as short
Phoenix XRP+0.0528%1h1.5190+0.059%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0648%1h1.5178−0.018%$2K$15K10xas long as short