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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Pacifica+0.067%51s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days−0.048%−$5 · spread now +0.067%, 7d avg +0.026%
Together, before fees−0.029%+ 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: ApeX Omni is 0.041% dearer against Pacifica than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.026%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XRP1.52200.0100pay 0.0013% / 1h10m 00s$619K$1.1M20x
ShortApeX Omni XRPUSDT1.52300.0100get 0.0013% / 1h10m 00s$1.2M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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: +0.067% → +0.026%
$4.1
Slippage, 4 orders
−$5.54
Fee Pacifica: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$19.44
Costs to cover
0.235%
Break-even
never at this rate
Slippage from Pacifica: live order book, 4 min ago; ApeX Omni: live order book, 4 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 Pacifica live order book, 4 min ago0.66 bp5.2 bp −$57.3 bp −$73doesn't fitdoesn't fit
Sell ApeX Omni live order book, 4 min ago1.31 bp6.4 bp −$611.9 bp −$119doesn't fitdoesn't fit

XRP on 50 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%1h1.5220+0.001%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5215−0.033%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5230+0.067%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5217−0.015%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5225+0.034%$7.8M$24.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5220+0.005%$14.5M$74.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.235%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0090% / S −0.0045%1h1.5216−0.023%$785K200xas long as short
Lighter XRP+0.0096%1h1.5223+0.021%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5224+0.028%$546K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5209−0.071%$10K$371K20xas long as short
Nado XRP-PERP+0.0100%1h1.5208−0.074%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5218−0.010%$38.6M$87.3M100xas long as short
Pacifica XRPlong+0.0100%1h1.5220long leg$619K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5220+0.001%$534.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5214−0.038%$348.8M$961.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5216−0.025%$127.7M$880.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5217−0.018%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5219−0.005%$145K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.023%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5218−0.012%$377.7M$161.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5220+0.001%$313.0M$932.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5221+0.007%$107.8M$182.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5218−0.012%$269.0M$396.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5218−0.012%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5214−0.040%$4.8M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5223+0.023%$661K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5226+0.043%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDTshort+0.0100%1h1.5230+0.067%$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5222+0.014%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5218−0.012%$64K$492K20xas long as short
Bullet XRP-USD+0.0100%1h1.5218−0.014%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5225+0.034%$75K$686K50xas long as short
SunX XRP-USDT+0.0100%8h1.5223+0.018%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5222+0.014%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5223+0.021%$49.7M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5220+0.001%$54.5M$32.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5223+0.024%$475K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5213−0.044%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5221+0.007%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5216−0.025%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5220+0.004%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0176%1h1.5228+0.054%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5230+0.067%$5.7M$48.3M50xas long as short
Hyperliquid XRP+0.0215%1h1.5231+0.074%$289.7M$266.4M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5218−0.011%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5221+0.008%$23.6M$78.2M125xas long as short
Kalshi KXXRPPERP+0.0220%8h1.5220+0.001%$1.8M$34.9M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5219−0.004%$529K$806K10xas long as short
Aftermath Perps XRPUSD+0.0673%1h1.5233+0.086%$2K$16K10xas long as short