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

XRP

all XRP markets
SwapBacktest
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 +0.009%
Price spread now: SunX against Orderly+0.050%7-day average +0.030% · 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+0.116%+$12 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.050%, 7d avg +0.030%
Together, before fees+0.076%+$8 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: SunX is 0.021% dearer against Orderly than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.49570.0100pay 0.0100% / 8h2h 25m$61K$934K50x
ShortSunX XRP-USDT1.49650.0100get 0.0100% / 8h2h 25m$125K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.050% → +0.030%
$2.06
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$11.94
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago19.03 bp25.4 bp −$2536.7 bp −$367doesn't fitdoesn't fit
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%1h1.4943−0.094%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.4961+0.026%$14.1M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.4944−0.087%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5010+0.354%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.4954−0.020%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+4.032%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4954−0.021%$786K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.4961+0.027%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.4960+0.021%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.4962+0.033%$541K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.4944−0.087%$10K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.4956−0.003%$944K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.4972+0.100%$284.9M$261.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.4977+0.133%$38.1M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.4953−0.030%$598K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.4981+0.163%$524.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.4963+0.040%$340.3M$970.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.4973+0.107%$123.8M$881.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4932−0.167%$556K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.4964+0.047%$143K$733K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.467%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.4961+0.027%$366.0M$159.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.4977+0.134%$280.9M$918.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.4961+0.028%$104.4M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.4972+0.100%$262.8M$399.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.4979+0.147%$106.2Mas long as short
Variational Omni XRP+0.0100%8h1.4960+0.020%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5011+0.364%$652K$112.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.292%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5018+0.408%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.4958+0.007%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.4961+0.027%$51K$492K20xas long as short
Bullet XRP-USD+0.0100%1h1.4956−0.007%$41K$70K20xas long as short
Orderly PERP_XRP_USDClong+0.0100%8h1.4957long leg$61K$934K50x
Derive XRP-PERP+0.0100%1h1.4956−0.009%$805K$72K10xas long as short
SunX XRP-USDTshort+0.0100%8h1.4965+0.050%$125K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.4960+0.020%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.4955−0.011%$48.9M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4962+0.033%$53.4M$32.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.4957+0.001%$466K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.4969+0.082%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.4958+0.008%$57K$25K3xas long as short
Kalshi KXXRPPERP+0.0143%8h1.4959+0.013%$1.6M$35.9M2.9xas long as short
Deribit XRP_USDC-PERPETUAL+0.0151%1h1.4962+0.033%$7.6M$25.8M50xas long as short
Backpack XRP_USDC_PERP+0.0155%1h1.4971+0.094%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.4964+0.047%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.4939−0.122%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4959+0.010%$1.3M$6K15xas long as short
BloFin XRP-USDT+0.0220%8h1.4939−0.120%$23.2M$76.1M125xas long as short
RISEx XRP/USDC+0.0305%1h1.4963+0.039%$510K$781K10xas long as short
Aftermath Perps XRPUSD+0.0626%1h1.5000+0.287%$2K$16K10xas long as short