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+0.0205%/8h= +22.5% APRpaid last 24h +0.119%
Price spread now: RISEx against Gate+0.120%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.329%+$33 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.120%, 7d avg +0.048%
Together, before fees+0.221%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and RISEx is 0.072% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.49830.0100pay 0.0100% / 8h2h 25m$367.8M$159.2M100x
ShortRISEx XRP/USDC1.50010.0305get 0.0038% / 1h25m 02s$512K$782K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$43.08
Price spread: +0.120% → +0.048%
$7.15
Slippage, 4 orders
−$9.23
Fee Gate: 7.5 bp × 2 orders
−$15
Fee RISEx: 3 bp × 2 orders
−$6
Net
$20.01
Costs to cover
0.302%
Break-even
3.7 days
Slippage from Gate: live order book, 4 min ago; RISEx: live order book, 24 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 Gate live order book, 4 min ago0.67 bp9.9 bp −$1015.0 bp −$15026.0 bp −$2,59534.5 bp −$17.3K
Sell RISEx live order book, 24 min ago1.82 bp4.8 bp −$58.7 bp −$87doesn't fitdoesn't fit

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%1h1.4943−0.267%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.4994+0.076%$14.1M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.4984+0.003%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980−0.020%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.4994+0.073%$243K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.851%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4993+0.068%$788K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.4996+0.087%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0084%1h1.4997+0.093%$7.6M$25.7M50xas long as short
Lighter XRP+0.0096%1h1.4996+0.087%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.4998+0.100%$543K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.4986+0.020%$10K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.4989+0.037%$952K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.4992+0.060%$285.3M$261.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.49830.000%$38.2M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.4988+0.036%$599K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.4987+0.028%$524.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.4984+0.007%$340.7M$971.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.4987+0.027%$124.2M$876.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4932−0.340%$556K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5003+0.133%$143K$729K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.293%$1.6M$4K20xas long as short
Gate XRP_USDTlong+0.0100%8h1.4983long leg$367.8M$159.2M100x
MEXC XRP_USDT+0.0100%8h1.4981−0.013%$277.6M$919.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.4987+0.027%$104.6M$181.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.4979−0.027%$262.9M$397.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.4982−0.007%$106.2Mas long as short
Variational Omni XRP+0.0100%8h1.4960−0.153%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.4951−0.212%$649K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.118%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.4945−0.254%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5000+0.113%$51K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.4996+0.087%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.4995+0.080%$61K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.4993+0.070%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5002+0.123%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.4996+0.087%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.4990+0.045%$49.0M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4989+0.040%$53.5M$32.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.4997+0.095%$468K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.4991+0.052%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.4989+0.043%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.4995+0.078%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0148%8h1.4991+0.053%$1.6M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0162%1h1.4991+0.053%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5000+0.113%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.4939−0.296%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4993+0.069%$1.3M$6K15xas long as short
BloFin XRP-USDT+0.0220%8h1.4995+0.080%$23.3M$76.3M125xas long as short
RISEx XRP/USDCshort+0.0305%1h1.5001+0.120%$512K$782K10x
Aftermath Perps XRPUSD+0.0619%1h1.5001+0.121%$2K$16K10xas long as short