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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0380%/8h= +41.6% APRnext payment +$0.47 per $10,000 · paid last 24h +0.116%
Price spread now: RISEx against Extended+0.007%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$130.132% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.303%+$30 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.007%, 7d avg +0.080%
Together, before fees+0.408%+ Points / potential airdropExtended: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.073% cheaper against Extended than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.080%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51110.0104pay 0.0013% / 1h48m 33s$2.0M$6.8M50x
ShortRISEx XRP/USDC1.51120.0484get 0.0060% / 1h48m 33s$526K$769K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Extended. 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
$79.74
Price spread: +0.007% → +0.080%
−$7.26
Slippage, 4 orders
−$2.21
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$59.27
Costs to cover
0.132%
Break-even
1.8 days
Slippage from Extended: live order book, 5 min ago; RISEx: live order book, 15 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 Extended live order book, 5 min ago0.33 bp2.8 bp −$35.0 bp −$50doesn't fitdoesn't fit
Sell RISEx live order book, 15 min ago0.73 bp3.7 bp −$47.1 bp −$71doesn't fitdoesn't fit

XRP on 50 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%1h1.5105−0.037%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5102−0.053%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5103−0.050%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0027% / S +0.0049%1h1.5103−0.048%$798K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.975%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0075%8h1.5103−0.050%$62K$935K50xas long as short
01 Exchange XRPUSD+0.0080%1h1.5110−0.004%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5105−0.037%$7.7M$25.2M50xas long as short
Lighter XRP+0.0096%1h1.5106−0.027%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5109−0.010%$508K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5103−0.050%$10K$305K20xas long as short
Nado XRP-PERP+0.0100%1h1.51100.000%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5115+0.030%$279.7M$220.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5107−0.024%$38.4M$83.1M100xas long as short
Pacifica XRP+0.0100%1h1.5110−0.002%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5112+0.009%$535.9M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5111+0.003%$342.2M$925.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5113+0.016%$124.9M$862.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5113+0.016%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5115+0.030%$116K$702K20xas long as short
Bulk XRP-USD+0.0100%1h1.5087−0.159%$1.6M$161K20xas long as short
Gate XRP_USDT+0.0100%8h1.5112+0.010%$369.1M$150.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5115+0.030%$292.7M$893.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5103−0.047%$106.5M$170.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5111+0.003%$266.2M$379.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5112+0.010%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5141+0.199%$6.0M$36.0Mas long as short
edgeX XRPUSDC+0.0100%4h1.5102−0.055%$657K$108.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5143+0.212%$1.1M$35.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5108−0.017%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5111+0.005%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5114+0.023%$41K$447K20xas long as short
Bullet XRP-USD+0.0100%1h1.5109−0.013%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5106−0.032%$813K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5111+0.005%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5104−0.043%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5104−0.043%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5108−0.017%$53.8M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5113+0.018%$471K$55K50xas long as short
Extended XRP-USDlong+0.0104%1h1.5111long leg$2.0M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5102−0.060%$58K$25K3xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5110−0.004%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5108−0.017%$5.6M$46.2M50xas long as short
Backpack XRP_USDC_PERP+0.0223%1h1.5112+0.010%$1.9M$1.3M25xas long as short
Kraken Futures PF_XRPUSD+0.0274%1h1.5104−0.045%$14.4M$72.8M50xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5102−0.059%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0356%8h1.5121+0.069%$2.1M$34.9M2.9xas long as short
RISEx XRP/USDCshort+0.0484%1h1.5112+0.007%$526K$769K10x
Phoenix XRP+0.0528%1h1.5130+0.129%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0724%1h1.5117+0.041%$2K$14K10xas long as short