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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.020%
Price spread now: Orderly against gTrade (Gains Network)+0.026%7-day average −0.003% · 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 3 days (all we have)+0.084%+$8 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.026%, 7d avg −0.003%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.029% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XRP/USD1.5164L +0.0003% / S −0.0004%pay 0.0000% / 1h2m 34s$246K150x
ShortOrderly PERP_XRP_USDC1.51680.0100get 0.0100% / 8h2m 34s$77K$689K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against gTrade (Gains Network). 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
$20.3
Price spread: +0.026% → −0.003%
$2.9
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$7.2
Costs to cover
0.160%
Break-even
4.5 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 36 min ago; Orderly: 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 gTrade (Gains Network) virtual book (oracle venue), 36 min ago130.05 bp135.1 bp −$135208.0 bp −$2,0801906.1 bp −$190.6K9819.7 bp −$4.91M
Sell Orderly no order-book sample
Orderly: 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%1h1.5178+0.092%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5175+0.075%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDlongL +0.0003% / S −0.0004%1h1.5164long leg$246K150x
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5174+0.066%$7.7M$24.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.611%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5166+0.016%$14.6M$73.7M50xas long as short
Hibachi XRP/USDT-P+0.0080%1h1.5166+0.013%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5176+0.079%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5180+0.106%$605K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5169+0.033%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5174+0.069%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5173+0.060%$38.5M$86.0M100xas long as short
Pacifica XRP+0.0100%1h1.5178+0.092%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5174+0.066%$529.5M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5171+0.046%$350.0M$947.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5172+0.053%$127.5M$862.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5172+0.053%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5182+0.119%$144K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5189+0.165%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5174+0.066%$377.7M$163.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5177+0.086%$309.9M$931.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5177+0.083%$106.7M$183.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5171+0.046%$269.0M$388.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5173+0.059%$107.9Mas long as short
Variational Omni XRP+0.0100%8h1.5165+0.010%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5174+0.065%$659K$113.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5174+0.066%$1.1M$33.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5182+0.119%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5166+0.012%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5160−0.026%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5165+0.009%$41K$69K20xas long as short
Orderly PERP_XRP_USDCshort+0.0100%8h1.5168+0.026%$77K$689K50x
Derive XRP-PERP+0.0100%1h1.5185+0.135%$817K$77K10xas long as short
SunX XRP-USDT+0.0100%8h1.5165+0.004%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5168+0.026%$28K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5169+0.030%$49.5M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5170+0.040%$54.1M$32.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5181+0.114%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5171+0.045%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5181+0.112%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5168+0.026%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0110% / S −0.0073%1h1.5164+0.001%$783K200xas long as short
Hyperliquid XRP+0.0145%1h1.5189+0.168%$290.0M$268.2M20xas long as short
Kalshi KXXRPPERP+0.0163%8h1.5169+0.033%$1.8M$33.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5174+0.066%$5.6M$47.9M50xas long as short
Backpack XRP_USDC_PERP+0.0181%1h1.5184+0.132%$2.0M$1.4M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5172+0.053%$23.6M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5157−0.049%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5180+0.105%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5190+0.171%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0578%1h1.5173+0.060%$2K$16K10xas long as short