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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Katana Perps−0.027%7-day average +0.041% · you buy dearer than you sell
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 4 days (all we have)+0.029%+$3 on $10k
Price spread, last 7 days+0.145%+$14 · spread now −0.027%, 7d avg +0.041%
Together, before fees+0.174%+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.068% cheaper against Katana Perps than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps XRP-USD1.49860.0099pay 0.0099% / 8h2h 25m$10K$363K20x
ShortBingX XRP-USDT1.49820.0100get 0.0100% / 8h2h 25m$106.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Katana Perps. 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
$0.25
Price spread: −0.027% → +0.041%
−$6.79
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$20.35
Costs to cover
0.138%
Break-even
581.7 days
Slippage unknown: Katana Perps: no order-book sample; BingX: live order book, 14 min ago. 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 Katana Perps no order-book sample
Sell BingX live order book, 14 min ago1.00 bp6.0 bp −$66.4 bp −$647.9 bp −$79314.4 bp −$7,200
Katana Perps: 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%1h1.4943−0.287%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.4994+0.056%$14.1M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.4984−0.017%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980−0.040%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.4994+0.053%$243K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.830%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4993+0.048%$788K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.4996+0.067%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0084%1h1.4997+0.073%$7.6M$25.7M50xas long as short
Lighter XRP+0.0096%1h1.4996+0.067%$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+0.080%$543K$3.3M20xas long as short
Katana Perps XRP-USDlong+0.0099%8h1.4986long leg$10K$363K20x
Nado XRP-PERP+0.0100%1h1.4989+0.017%$952K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.4992+0.040%$285.3M$261.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.4983−0.020%$38.2M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.4988+0.016%$599K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.4987+0.008%$524.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.4984−0.013%$340.7M$971.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.4987+0.007%$124.2M$876.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4932−0.360%$556K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5003+0.113%$143K$729K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.273%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.4983−0.020%$367.8M$159.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.4981−0.033%$277.6M$919.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.4987+0.007%$104.6M$181.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.4979−0.047%$262.9M$397.8M125xas long as short
BingX XRP-USDTshort+0.0100%8h1.4982−0.027%$106.2M
Variational Omni XRP+0.0100%8h1.4960−0.173%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.4951−0.232%$649K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.098%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.4945−0.274%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5000+0.093%$51K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.4996+0.067%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.4995+0.060%$61K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.4993+0.050%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5002+0.103%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.4996+0.067%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.4990+0.025%$49.0M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4989+0.020%$53.5M$32.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.4997+0.075%$468K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.4991+0.032%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.4989+0.023%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.4995+0.058%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0148%8h1.4991+0.033%$1.6M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0162%1h1.4991+0.033%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5000+0.093%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.4939−0.316%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4993+0.049%$1.3M$6K15xas long as short
BloFin XRP-USDT+0.0220%8h1.4995+0.060%$23.3M$76.3M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5001+0.100%$512K$782K10xas long as short
Aftermath Perps XRPUSD+0.0619%1h1.5001+0.101%$2K$16K10xas long as short