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−0.0002%/8h= −0.3% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Katana Perps against KuCoin−0.066%58s7-day average −0.048% · 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)−0.015%−$1 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.066%, 7d avg −0.048%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XRPUSDTM1.51420.0100pay 0.0100% / 8h4h 09m$107.8M$175.1M75x
ShortKatana Perps XRP-USD1.51320.0098get 0.0098% / 8h4h 09m$10K$330K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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

Funding earned
−$0.48
Price spread: −0.066% → −0.048%
−$1.82
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$18.1
Costs to cover
0.158%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Katana Perps: 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 KuCoin live order book, 10 min ago0.03 bp8.6 bp −$910.5 bp −$105doesn't fitdoesn't fit
Sell Katana Perps no order-book sample
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%1h1.5148+0.040%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5134−0.053%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5134−0.050%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.053%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5141−0.007%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5141−0.007%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.761%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0045% / S +0.0022%1h1.5138−0.023%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0090%8h1.5139−0.020%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5144+0.011%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5144+0.013%$498K$3.3M20xas long as short
Katana Perps XRP-USDshort+0.0098%8h1.5132−0.066%$10K$330K20x
Nado XRP-PERP+0.0100%1h1.5128−0.096%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5152+0.066%$280.6M$227.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5138−0.030%$38.3M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5141−0.006%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5141−0.007%$533.5M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5139−0.020%$345.4M$936.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.51420.000%$126.7M$874.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.51420.000%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5139−0.020%$110K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5130−0.076%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5139−0.020%$368.9M$154.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5137−0.033%$292.6M$903.1M300xas long as short
KuCoin XRPUSDTMlong+0.0100%8h1.5142long leg$107.8M$175.1M75x
Bitget XRPUSDT+0.0100%8h1.5139−0.020%$267.9M$384.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5140−0.013%$127.2Mas long as short
Variational Omni XRP+0.0100%8h1.5139−0.022%$5.2M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141−0.005%$658K$108.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5137−0.035%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5155+0.086%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5140−0.014%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5141−0.007%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5141−0.004%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5140−0.013%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5144+0.010%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5137−0.033%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5134−0.052%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5138−0.026%$53.9M$30.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5139−0.022%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5134−0.051%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5138−0.030%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5144+0.013%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0186%1h1.5146+0.026%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.51420.000%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5144+0.016%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5138−0.026%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5137−0.033%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.51420.000%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5144+0.013%$516K$773K10xas long as short
Aftermath Perps XRPUSD+0.0684%1h1.5148+0.039%$2K$15K10xas long as short