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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Bitget against dYdX0.000%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$580.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 7 days+0.075%+$8 · spread now 0.000%, 7d avg +0.001%
Together, before fees+0.232%+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.53360get 0.0000% / 1h49m 55s$1.1M$154K10x
ShortBitget XRPUSDT1.53360.0100get 0.0100% / 8h5h 49m$272.0M$357.1M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against dYdX. 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
$21
Price spread: 0.000% → +0.001%
−$0.07
Slippage, 4 orders
−$36.09
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$37.17
Costs to cover
0.581%
Break-even
19.4 days
Slippage from dYdX: live order book, 2 min ago; Bitget: live order book, 2 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 dYdX live order book, 2 min ago17.60 bp22.6 bp −$2322.6 bp −$22622.6 bp −$2,26041.8 bp −$20.9K
Sell Bitget live order book, 2 min ago0.33 bp6.6 bp −$710.2 bp −$10221.5 bp −$2,14830.5 bp −$15.2K

XRP on 50 exchanges

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%1h1.5403+0.437%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5332−0.026%$14.0M$70.8M50xas long as short
dYdX XRP-USDlong0.0000%1h1.5336long leg$1.1M$154K10x
Phoenix XRP0.0000%1h1.5360+0.156%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5333−0.020%$7.8M$21.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5357+0.135%$246K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.5335−0.007%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.461%$2K$107K30xas long as short
SoDEX XRP-USD+0.0045%1h1.5329−0.046%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5333−0.020%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.53360.000%$599K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5331−0.036%$478K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5332−0.026%$10K$401K20xas long as short
Nado XRP-PERP+0.0100%1h1.5328−0.055%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5345+0.060%$299.1M$266.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5335−0.007%$39.3M$81.5M100xas long as short
Pacifica XRP+0.0100%1h1.5329−0.044%$593K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5335−0.007%$534.9M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5338+0.013%$361.8M$889.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.53360.000%$124.8M$837.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5365+0.189%$563K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5338+0.013%$165K$681K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.280%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5333−0.020%$382.4M$156.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5333−0.020%$313.8M$889.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5336−0.002%$106.2M$181.7M75xas long as short
Bitget XRPUSDTshort+0.0100%8h1.53360.000%$272.0M$357.1M125x
BingX XRP-USDC+0.0100%8h1.5326−0.065%$4.2Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5345+0.059%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5325−0.074%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5351+0.097%$668K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5340+0.028%$1.1M$30.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5358+0.143%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5339+0.017%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5340+0.026%$52K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5326−0.064%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5327−0.059%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5329−0.044%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5319−0.113%$49.9M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5335−0.007%$54.6M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5330−0.036%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5322−0.091%$59K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5326−0.067%$17K$76K7xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5332−0.026%$5.5M$44.0M50xas long as short
Kalshi KXXRPPERP+0.0138%8h1.53360.000%$1.9M$35.0M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0203% / S −0.0551%1h1.5345+0.057%$805K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5329−0.046%$24.0M$78.3M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5323−0.085%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5341+0.035%$515K$736K10xas long as short
Aftermath Perps XRPUSD+0.0431%1h1.5361+0.162%$3K$13K10xas long as short