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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against OKX+0.047%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 7 days−0.078%−$8 · spread now +0.047%, 7d avg +0.013%
Together, before fees−0.027%+ Points / potential airdropPacifica: Active · farm board−$3 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: Pacifica is 0.034% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XRP-USDT-SWAP1.53220.0100pay 0.0100% / 8h5h 48m$124.8M$836.1M100x
ShortPacifica XRP1.53290.0100get 0.0013% / 1h48m 43s$592K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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
Price spread: +0.047% → +0.013%
$3.36
Slippage, 4 orders
−$3.69
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$18.33
Costs to cover
0.217%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Pacifica: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago0.33 bp5.3 bp −$55.6 bp −$5610.8 bp −$1,07732.0 bp −$16.0K
Sell Pacifica live order book, 3 min ago0.33 bp4.3 bp −$48.0 bp −$80doesn't fitdoesn't fit

XRP on 50 exchanges

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%1h1.5403+0.529%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5338+0.106%$14.0M$70.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5329+0.044%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5340+0.117%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5338+0.104%$7.8M$21.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5357+0.226%$246K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.5331+0.059%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.553%$2K$107K30xas long as short
SoDEX XRP-USD+0.0050%1h1.5336+0.091%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5330+0.055%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5331+0.059%$603K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5328+0.037%$478K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5326+0.026%$10K$401K20xas long as short
Nado XRP-PERP+0.0100%1h1.5334+0.082%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5342+0.131%$298.9M$266.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5327+0.035%$39.3M$81.5M100xas long as short
Pacifica XRPshort+0.0100%1h1.5329+0.047%$592K$1.0M20x
Binance XRPUSDT+0.0100%8h1.5326+0.027%$534.2M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5324+0.013%$361.5M$888.7M100xas long as short
OKX XRP-USDT-SWAPlong+0.0100%8h1.5322long leg$124.8M$836.1M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5321−0.007%$563K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5329+0.046%$165K$681K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.372%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5332+0.065%$382.1M$156.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.53220.000%$314.2M$889.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5323+0.008%$105.9M$181.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5323+0.007%$271.8M$356.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5324+0.013%$99.3Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5348+0.170%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5325+0.017%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5326+0.029%$666K$109.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5340+0.119%$1.1M$30.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5341+0.124%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5333+0.074%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5334+0.078%$52K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5334+0.078%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5337+0.098%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5334+0.080%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5336+0.091%$50.0M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5340+0.117%$54.7M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5317−0.030%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5330+0.052%$59K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5326+0.024%$17K$76K7xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5340+0.117%$5.5M$44.1M50xas long as short
Kalshi KXXRPPERP+0.0137%8h1.5341+0.124%$1.9M$35.1M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0203% / S −0.0551%1h1.5345+0.148%$805K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5333+0.072%$23.9M$78.3M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5323+0.006%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5328+0.042%$515K$736K10xas long as short
Aftermath Perps XRPUSD+0.0430%1h1.5356+0.220%$3K$13K10xas long as short