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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.02 per $10,000 · paid last 24h +0.010%
Price spread now: 01 Exchange against Derive+0.012%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XRP-PERP1.51610.0100pay 0.0013% / 1h4m 40s$816K$73K10x
Short01 Exchange XRPUSD1.51630.0080get 0.0010% / 1h4m 40s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Derive. 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
−$4.2
Price spread: +0.012% → 0.000%
$1.23
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$15.97
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample
Sell 01 Exchange no order-book sample
Derive and 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%1h1.5166+0.032%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5160−0.011%$14.4M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5160−0.007%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5180+0.124%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160−0.008%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.631%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0074% / S −0.0019%1h1.5160−0.005%$799K200xas long as short
01 Exchange XRPUSDshort+0.0080%1h1.5163+0.012%$8K$8K10x
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5164+0.019%$7.7M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5163+0.013%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5164+0.019%$548K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5152−0.060%$11K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5159−0.011%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5160−0.007%$38.5M$87.4M100xas long as short
Pacifica XRP+0.0100%1h1.5163+0.014%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5161−0.001%$527.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5159−0.014%$344.2M$966.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5161−0.001%$126.4M$890.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5159−0.014%$564K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5167+0.039%$143K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5132−0.193%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5159−0.014%$374.6M$162.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5161−0.001%$298.3M$929.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5163+0.009%$107.2M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5158−0.021%$266.7M$399.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5159−0.014%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5166+0.031%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5167+0.038%$659K$114.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5163+0.012%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5174+0.085%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5164+0.016%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.012%$51K$488K20xas long as short
Bullet XRP-USD+0.0100%1h1.5161+0.002%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5159−0.014%$62K$932K50xas long as short
Derive XRP-PERPlong+0.0100%1h1.5161long leg$816K$73K10x
SunX XRP-USDT+0.0100%8h1.5163+0.012%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5159−0.014%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5162+0.008%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5159−0.014%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5167+0.038%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5155−0.039%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5158−0.017%$58K$25K3xas long as short
Hyperliquid XRP+0.0145%1h1.5173+0.078%$289.6M$264.2M20xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5172+0.070%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5168+0.045%$5.7M$48.6M50xas long as short
Backpack XRP_USDC_PERP+0.0208%1h1.5172+0.072%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0218%8h1.5170+0.058%$1.7M$35.5M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5153−0.052%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5159−0.014%$23.2M$77.6M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5166+0.029%$518K$790K10xas long as short
Aftermath Perps XRPUSD+0.0581%1h1.5151−0.068%$2K$16K10xas long as short