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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against Pacifica+0.225%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$5as in the Price arb table
costs, in and out, $10k−$170.174% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 7 days−0.211%−$21 · spread now +0.225%, 7d avg +0.006%
Together, before fees−0.209%+ Points / potential airdropPacifica: Active · farm board−$21 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: Bulk is 0.219% dearer against Pacifica than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XRP1.51890.0100pay 0.0013% / 1h9m 07s$610K$1.1M20x
ShortBulk XRP-USD1.52230.0100get 0.0013% / 1h9m 07s$1.6M$49K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +0.225% → +0.006%
$21.91
Slippage, 4 orders
−$2.41
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$4.5
Costs to cover
0.174%
Break-even
from the start
Slippage from Pacifica: live order book, 5 min ago; Bulk: live order book, 5 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, 5 min ago0.33 bp4.9 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 5 min ago0.33 bp4.4 bp −$45.8 bp −$589.2 bp −$91719.9 bp −$9,927

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%1h1.5192+0.021%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5184−0.032%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5192+0.021%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5189+0.001%$254K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.443%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0034% / S +0.0037%1h1.5190+0.004%$796K200xas long as short
01 Exchange XRPUSD+0.0064%1h1.5186−0.019%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5188−0.006%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5190+0.010%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5190+0.007%$512K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5182−0.045%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5185−0.022%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5195+0.040%$282.4M$223.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5189+0.001%$38.4M$83.6M100xas long as short
Pacifica XRPlong+0.0100%1h1.5189long leg$610K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5181−0.050%$536.2M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5182−0.045%$346.4M$930.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5185−0.026%$126.0M$872.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5180−0.058%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5190+0.007%$114K$712K20xas long as short
Bulk XRP-USDshort+0.0100%1h1.5223+0.225%$1.6M$49K20x
Gate XRP_USDT+0.0100%8h1.5183−0.039%$368.7M$153.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5185−0.026%$297.0M$903.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5191+0.011%$109.0M$171.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5183−0.039%$269.5M$381.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5185−0.026%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5200+0.070%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202+0.085%$660K$107.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5227+0.251%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5221+0.211%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5192+0.023%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5187−0.012%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192+0.021%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5189+0.003%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5193+0.027%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189+0.001%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5189−0.001%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5188−0.006%$54.0M$30.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5188−0.005%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5185−0.029%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5189−0.001%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0186%1h1.5193+0.027%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5207+0.117%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5186−0.021%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5195+0.040%$5.6M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5191+0.014%$24.3M$75.5M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5187−0.010%$14.4M$73.3M50xas long as short
Kalshi KXXRPPERP+0.0344%8h1.5194+0.034%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5191+0.017%$517K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.205%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0657%1h1.5210+0.142%$2K$14K10xas long as short