Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate−0.004%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.326% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.004%, 7d avg +0.001%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XRP_USDT	1.5168	0.0100	pay 0.0100% / 8h	3h 23m	$370.6M	$156.0M	100x
Short	Binance XRPUSDT	1.5167	0.0100	get 0.0100% / 8h	3h 23m	$534.8M	$2.15B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → +0.001%: −$0.47
Slippage, 4 orders: −$7.55
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$33.03
Costs to cover: 0.326%
Break-even: never at this rate

Slippage from Gate: live order book, 6 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 6 min ago	0.33 bp	11.0 bp −$11	14.3 bp −$143	27.2 bp −$2,717	41.6 bp −$20.8K
Sell Binance live order book, 6 min ago	0.33 bp	5.3 bp −$5	6.2 bp −$62	11.7 bp −$1,168	26.2 bp −$13.1K

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5178	+0.066%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5163	−0.030%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5170	+0.013%	$7.8M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5167	−0.007%	$253K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5163	−0.030%	$14.4M	$74.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.584%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5167	−0.007%	$791K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5167	−0.004%	$2.9M	$14.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5165	−0.020%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5166	−0.013%	$9K	$348K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5166	−0.010%	$996K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5167	−0.010%	$38.7M	$85.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5171	+0.022%	$608K	$1.1M	20x	as long as short
Binance XRPUSDTshort	+0.0100%	8h	1.5167	−0.004%	$534.8M	$2.15B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5166	−0.013%	$345.9M	$943.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5171	+0.020%	$126.5M	$883.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5147	−0.138%	$565K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5170	+0.013%	$131K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	−0.023%	$1.6M	$49K	20x	as long as short
Gate XRP_USDTlong	+0.0100%	8h	1.5168	long leg	$370.6M	$156.0M	100x
MEXC XRP_USDT	+0.0100%	8h	1.5167	−0.007%	$296.5M	$904.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5170	+0.013%	$109.1M	$177.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5166	−0.013%	$269.1M	$389.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5168	0.000%	—	$127.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	+0.123%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5189	+0.136%	$660K	$110.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5166	−0.016%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5196	+0.185%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5167	−0.006%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5171	+0.020%	$45K	$477K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5166	−0.013%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5166	−0.013%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5167	−0.007%	$816K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5172	+0.027%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	−0.013%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5169	+0.007%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5160	−0.053%	$53.9M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5170	+0.012%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5162	−0.038%	$2.0M	$6.7M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5165	−0.020%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5171	+0.020%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5175	+0.046%	$5.7M	$47.7M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5166	−0.013%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5163	−0.033%	$24.2M	$75.6M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0259%	1h	1.5171	+0.020%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5160	−0.055%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0302%	8h	1.5172	+0.026%	$1.9M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5170	+0.014%	$517K	$776K	10x	as long as short
Hyperliquid XRP	+0.0405%	1h	1.5185	+0.112%	$299.4M	$246.7M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.145%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0681%	1h	1.5191	+0.151%	$2K	$15K	10x	as long as short