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 KuCoin+0.004%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days−0.023%−$2 · spread now +0.004%, 7d avg −0.007%

Together, before fees−0.035%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XRPUSDTM	1.5162	0.0100	pay 0.0100% / 8h	2m 11s	$106.6M	$183.3M	75x
Short	Binance XRPUSDT	1.5163	0.0100	get 0.0100% / 8h	2m 11s	$529.3M	$2.21B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → −0.007%: $1.06
Slippage, 4 orders: −$7.32
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$28.26
Costs to cover: 0.293%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 12 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 KuCoin live order book, 7 min ago	0.03 bp	9.7 bp −$10	12.2 bp −$122	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.33 bp	5.3 bp −$5	6.4 bp −$64	12.5 bp −$1,252	32.3 bp −$16.2K

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	+0.103%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5175	+0.086%	$1.1M	$148K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5171	+0.057%	$7.7M	$24.0M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5162	−0.003%	$246K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.622%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0078%	1h	1.5166	+0.027%	$14.6M	$73.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5166	+0.024%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5167	+0.031%	$2.8M	$15.2M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5166	+0.024%	$604K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5169	+0.044%	$20K	$383K	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	1.5174	+0.080%	$1.0M	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5166	+0.024%	$38.5M	$86.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5178	+0.103%	$611K	$1.1M	20x	as long as short
Binance XRPUSDTshort	+0.0100%	8h	1.5163	+0.004%	$529.3M	$2.21B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5160	−0.016%	$349.8M	$947.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5162	−0.003%	$127.4M	$862.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5172	+0.063%	$565K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5182	+0.129%	$144K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5189	+0.175%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5170	+0.050%	$377.6M	$163.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5163	+0.004%	$310.0M	$931.3M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5162	long leg	$106.6M	$183.3M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5159	−0.022%	$268.8M	$388.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5162	−0.003%	—	$107.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5165	+0.020%	$4.8M	$38.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5174	+0.076%	$659K	$113.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5174	+0.077%	$1.1M	$33.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5182	+0.129%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5179	+0.109%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5176	+0.090%	$52K	$514K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5168	+0.034%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5169	+0.044%	$77K	$689K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5185	+0.146%	$817K	$77K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5182	+0.127%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	+0.024%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5170	+0.047%	$49.5M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5165	+0.017%	$54.1M	$32.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5181	+0.124%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5163	+0.003%	$2.1M	$6.9M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5181	+0.123%	$8K	$2K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5168	+0.035%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0111% / S −0.0073%	1h	1.5162	−0.002%	$784K	—	200x	as long as short
Hyperliquid XRP	+0.0145%	1h	1.5187	+0.162%	$289.9M	$268.2M	20x	as long as short
Kalshi KXXRPPERP	+0.0161%	8h	1.5178	+0.103%	$1.8M	$33.6M	2.9x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5173	+0.070%	$5.6M	$47.9M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0182%	1h	1.5173	+0.070%	$2.0M	$1.4M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5172	+0.063%	$23.6M	$77.7M	125x	as long as short
Reya XRPRUSDPERP	+0.0220%	1h	1.5162	−0.001%	$1.3M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0394%	1h	1.5180	+0.115%	$521K	$798K	10x	as long as short
Phoenix XRP	+0.0526%	1h	1.5190	+0.182%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0573%	1h	1.5179	+0.109%	$2K	$16K	10x	as long as short