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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0205%/8h= −22.5% APRpaid last 24h −0.119%
Price spread now: BingX against RISEx−0.030%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$220.216% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.329%−$33 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.030%, 7d avg −0.046%
Together, before fees−0.333%−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.50920.0305pay 0.0038% / 1h45m 26s$515K$777K10x
ShortBingX XRP-USDT1.50870.0100get 0.0100% / 8h2h 45m$105.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against RISEx. 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
−$43.08
Price spread: −0.030% → −0.046%
$1.53
Slippage, 4 orders
−$5.62
Fee RISEx: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$63.17
Costs to cover
0.216%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; BingX: 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 RISEx live order book, 3 min ago1.82 bp4.8 bp −$58.9 bp −$89doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago0.99 bp6.0 bp −$66.2 bp −$629.2 bp −$92016.7 bp −$8,360

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%1h1.5088−0.024%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5086−0.034%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5083−0.057%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5110+0.122%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5087−0.030%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5084−0.050%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.104%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5091−0.004%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5084−0.051%$791K200xas long as short
Lighter XRP+0.0096%1h1.5089−0.017%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5090−0.011%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5084−0.050%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5087−0.032%$937K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5100+0.056%$290.4M$258.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5090−0.013%$38.7M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5093+0.007%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5087−0.032%$530.8M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5085−0.044%$341.3M$951.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5080−0.077%$125.3M$887.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5111+0.129%$562K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5093+0.009%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114+0.148%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5091−0.004%$371.1M$155.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5097+0.036%$295.2M$905.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5093+0.010%$107.6M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5088−0.024%$267.7M$393.2M125xas long as short
BingX XRP-USDTshort+0.0100%8h1.5087−0.030%$105.2M
Variational Omni XRP+0.0100%8h1.5084−0.051%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5099+0.052%$656K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5088−0.022%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5107+0.102%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5092+0.003%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5086−0.036%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5080−0.077%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5083−0.057%$812K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5096+0.032%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5083−0.057%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5085−0.044%$49.3M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5087−0.030%$53.8M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5091−0.006%$470K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5089−0.018%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5083−0.058%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5082−0.064%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0139%8h1.5096+0.029%$1.8M$35.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0180%1h1.5095+0.023%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5093+0.009%$5.6M$48.3M50xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5088−0.025%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5097+0.036%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0232%1h1.5088−0.026%$17K$82K7xas long as short
RISEx XRP/USDClong+0.0305%1h1.5092long leg$515K$777K10x
Aftermath Perps XRPUSD+0.0623%1h1.5107+0.100%$2K$15K10xas long as short