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+0.0038%/8h= +4.1% APRnext payment +$0.38 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against Orderly−0.052%7-day average +0.002% · 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 7 days+0.047%+$5 on $10k
Price spread, last 3 days (all we have)+0.109%+$11 · spread now −0.052%, 7d avg +0.002%
Together, before fees+0.156%+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.054% cheaper against Orderly than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.002%). If the spread goes back, that is −$5 on $10k: about 4.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.53600.0062pay 0.0062% / 8h7h 26m$58K$935K50x
ShortGate XRP_USDT1.53520.0100get 0.0100% / 8h7h 26m$374.6M$149.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Orderly. 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
$7.89
Price spread: −0.052% → +0.002%
−$5.42
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$18.53
Costs to cover
0.210%
Break-even
23.4 days
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 3 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 Orderly no order-book sample
Sell Gate live order book, 3 min ago0.33 bp8.5 bp −$810.6 bp −$10626.4 bp −$2,64241.1 bp −$20.6K
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%1h1.5335−0.163%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5347−0.085%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5352−0.053%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0015% / S +0.0078%1h1.5351−0.056%$841K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.302%$2K$107K30xas long as short
Orderly PERP_XRP_USDClong+0.0062%8h1.5360long leg$58K$935K50x
Deribit XRP_USDC-PERPETUAL+0.0076%1h1.5340−0.130%$9.3M$25.1M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5351−0.059%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5346−0.089%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5344−0.104%$515K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5348−0.078%$10K$279K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.53600.000%$479K$54K50xas long as short
Nado XRP-PERP+0.0100%1h1.5354−0.041%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5351−0.061%$38.8M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5350−0.068%$621K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5356−0.028%$541.6M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5359−0.007%$342.4M$919.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5363+0.020%$125.0M$868.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.286%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5352−0.052%$118K$711K20xas long as short
Bulk XRP-USD+0.0100%1h1.5334−0.167%$1.7M$381K20xas long as short
Gate XRP_USDTshort+0.0100%8h1.5352−0.052%$374.6M$149.8M100x
MEXC XRP_USDT+0.0100%8h1.5355−0.033%$312.2M$904.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5349−0.075%$108.9M$165.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5363+0.020%$268.8M$374.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5352−0.052%$123.4Mas long as short
Variational Omni XRP+0.0100%8h1.5352−0.052%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5322−0.248%$665K$107.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5334−0.169%$1.1M$38.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5331−0.189%$1.2M$996K50xas long as short
Vest XRP-PERP+0.0100%1h1.5343−0.108%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5352−0.052%$49K$441K20xas long as short
Bullet XRP-USD+0.0100%1h1.5354−0.039%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5363+0.018%$827K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5349−0.072%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5338−0.143%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5346−0.091%$50.3M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5338−0.143%$54.6M$29.5M50xas long as short
Extended XRP-USD+0.0104%1h1.5346−0.090%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5360+0.002%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5348−0.076%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5341−0.124%$24.0M$73.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5344−0.104%$5.8M$46.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0244%1h1.5338−0.144%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0294%1h1.5344−0.104%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0309%8h1.5343−0.111%$2.1M$34.8M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5337−0.149%$17K$81K7xas long as short
Hyperliquid XRP+0.0394%1h1.5363+0.020%$289.7M$215.2M20xas long as short
Phoenix XRP+0.0520%1h1.5340−0.130%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0804%1h1.5338−0.143%$2K$12K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5354−0.037%$507K$754K10xas long as short