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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.085%
Price spread now: Bullet against GMX+0.025%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bullet is 0.025% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XRP/USD [ETH-USDC]1.5365L +0.0015% / S +0.0078%pay 0.0002% / 1h25m 10s$842K200x
ShortBullet XRP-USD1.53690.0100get 0.0013% / 1h25m 10s$41K$68K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against GMX. 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
$17.9
Price spread: +0.025% → 0.000%
$2.51
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bullet: 4 bp × 2 orders
−$8
Net
$0.41
Costs to cover
0.200%
Break-even
6.8 days
Slippage unknown: GMX: no order-book sample; Bullet: 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 GMX no order-book sample
Sell Bullet no order-book sample
GMX and Bullet: 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%1h1.5359−0.039%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5366+0.007%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5365+0.001%$257K150xas long as short
GMX XRP/USD [ETH-USDC]longL +0.0015% / S +0.0078%1h1.5365long leg$842K200x
Injective XRP/USDC PERP+0.0033%1h1.5560+1.269%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0063%8h1.5374+0.059%$58K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0075%1h1.5377+0.078%$9.3M$25.1M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5356−0.059%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5372+0.043%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5373+0.052%$516K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5353−0.078%$10K$279K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5361−0.024%$479K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5361−0.023%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5366+0.007%$38.8M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.53650.000%$622K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5371+0.038%$542.2M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5367+0.013%$342.8M$919.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.53650.000%$125.0M$869.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.319%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5359−0.039%$118K$711K20xas long as short
Bulk XRP-USD+0.0100%1h1.5334−0.199%$1.7M$381K20xas long as short
Gate XRP_USDT+0.0100%8h1.5366+0.007%$375.4M$149.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5368+0.020%$314.6M$905.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5373+0.055%$109.2M$165.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.53650.000%$268.8M$375.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5366+0.007%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5352−0.085%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5338−0.174%$666K$107.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5334−0.200%$1.1M$38.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5350−0.098%$1.2M$996K50xas long as short
Vest XRP-PERP+0.0100%1h1.5359−0.040%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5368+0.020%$50K$442K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5369+0.025%$41K$68K20x
Derive XRP-PERP+0.0100%1h1.5373+0.055%$828K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5369+0.025%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5371+0.039%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5374+0.060%$50.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5372+0.046%$54.7M$29.6M50xas long as short
Extended XRP-USD+0.0104%1h1.5371+0.039%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5373+0.050%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5360−0.030%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5369+0.026%$24.1M$73.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5374+0.059%$5.8M$46.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5370+0.031%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0299%1h1.5375+0.065%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0310%8h1.5373+0.052%$2.0M$34.7M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5352−0.087%$17K$81K7xas long as short
Hyperliquid XRP+0.0391%1h1.5379+0.091%$290.0M$215.3M20xas long as short
Phoenix XRP+0.0520%1h1.5350−0.098%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0804%1h1.5343−0.142%$2K$12K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5361−0.029%$515K$758K10xas long as short