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−0.0037%/8h= −4.1% APRnext payment $0.37 per $10,000 · paid last 24h −0.009%
Price spread now: Orderly against KuCoin+0.071%7-day average −0.017% · 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 7 days−0.016%−$2 on $10k
Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.071%, 7d avg −0.017%
Together, before fees−0.153%−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.088% dearer against KuCoin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.017%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days. At the pace of the last 7 days (−0.016% in total) that is about 37 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XRPUSDTM1.53440.0100pay 0.0100% / 8h7h 22m$108.8M$165.7M75x
ShortOrderly PERP_XRP_USDC1.53550.0063get 0.0063% / 8h7h 22m$58K$935K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$7.85
Price spread: +0.071% → −0.017%
$8.76
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$17.09
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 7 min ago; Orderly: 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, 7 min ago0.59 bp8.5 bp −$89.9 bp −$9923.8 bp −$2,377doesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h1.5347+0.019%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5358+0.088%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5354+0.064%$257K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5359+0.097%$9.3M$25.1M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0015% / S +0.0077%1h1.5354+0.062%$842K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.407%$2K$107K30xas long as short
Orderly PERP_XRP_USDCshort+0.0063%8h1.5355+0.071%$58K$935K50x
01 Exchange XRPUSD+0.0080%1h1.5334−0.066%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5359+0.099%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5349+0.032%$516K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5340−0.027%$10K$279K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5346+0.011%$478K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5359+0.097%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5347+0.019%$38.8M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5354+0.062%$621K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5340−0.028%$541.5M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5340−0.027%$342.4M$919.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5341−0.020%$124.8M$868.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.183%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5349+0.032%$118K$711K20xas long as short
Bulk XRP-USD+0.0100%1h1.5334−0.063%$1.7M$381K20xas long as short
Gate XRP_USDT+0.0100%8h1.5344−0.001%$375.7M$150.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5349+0.032%$312.0M$906.7M300xas long as short
KuCoin XRPUSDTMlong+0.0100%8h1.5344long leg$108.8M$165.7M75x
Bitget XRPUSDT+0.0100%8h1.5345+0.006%$268.6M$375.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5346+0.012%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5352+0.051%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5361+0.112%$667K$107.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5372+0.182%$1.1M$38.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5350+0.038%$1.2M$996K50xas long as short
Vest XRP-PERP+0.0100%1h1.5361+0.110%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5367+0.149%$49K$442K20xas long as short
Bullet XRP-USD+0.0100%1h1.5363+0.126%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5358+0.091%$827K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5368+0.155%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5357+0.084%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5356+0.080%$50.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5355+0.071%$54.6M$29.6M50xas long as short
Extended XRP-USD+0.0104%1h1.5341−0.020%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5355+0.073%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5360+0.106%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5354+0.065%$24.1M$73.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5363+0.123%$5.8M$46.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5357+0.085%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0296%1h1.5361+0.110%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5362+0.117%$2.0M$34.8M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5367+0.149%$17K$81K7xas long as short
Hyperliquid XRP+0.0386%1h1.5358+0.091%$289.8M$214.4M20xas long as short
Phoenix XRP+0.0520%1h1.5350+0.038%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0794%1h1.5352+0.053%$2K$12K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5346+0.010%$543K$773K10xas long as short