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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0541%/8h= −59.2% APRpaid last 24h −0.068%
Price spread now: BloFin against RISEx−0.057%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.195%−$19 on $10k
Price spread, last 3 days (all we have)−0.123%−$12 · spread now −0.057%, 7d avg −0.038%
Together, before fees−0.318%−$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.53330.0761pay 0.0095% / 1h12m 43s$499K$707K10x
ShortBloFin XRP-USDT1.53240.0220get 0.0220% / 8h12m 43s$24.1M$74.7M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$113.62
Price spread: −0.057% → −0.038%
−$1.86
Slippage, 4 orders
−$4.04
Fee RISEx: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$137.52
Costs to cover
0.220%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; BloFin: live order book, 6 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, 1 min ago1.37 bp4.4 bp −$49.2 bp −$92doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago0.65 bp6.7 bp −$78.6 bp −$8611.1 bp −$1,11420.5 bp −$10.2K

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%1h1.5341+0.054%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5330−0.020%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5350+0.113%$68K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5323−0.063%$9.3M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5317−0.100%$265K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0094%1h1.5316−0.109%$842K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5319−0.088%$14.9M$69.8M50xas long as short
Orderly PERP_XRP_USDC+0.0060%8h1.5322−0.070%$75K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.482%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5334+0.009%$3.0M$13.4M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5335+0.015%$486K$3.2M20xas long as short
Nado XRP-PERP+0.0100%1h1.5326−0.040%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5334+0.008%$38.8M$81.8M100xas long as short
Pacifica XRP+0.0100%1h1.5339+0.041%$631K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5335+0.015%$544.9M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5330−0.018%$339.1M$927.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5332−0.005%$125.3M$878.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5350+0.113%$571K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5331−0.011%$116K$757K20xas long as short
Bulk XRP-USD+0.0100%1h1.5373+0.260%$1.7M$571K20xas long as short
Gate XRP_USDT+0.0100%8h1.5334+0.008%$360.9M$148.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5331−0.011%$296.8M$892.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5316−0.110%$109.0M$165.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5330−0.018%$267.6M$376.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5336+0.022%$122.0Mas long as short
Variational Omni XRP+0.0100%8h1.5350+0.115%$11.4M$30.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5346+0.086%$666K$105.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5353+0.132%$1.1M$40.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5347+0.093%$1.0M$901K50xas long as short
Vest XRP-PERP+0.0100%1h1.5327−0.040%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5325−0.050%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5320−0.083%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5324−0.059%$825K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5328−0.031%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5322−0.070%$31K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5319−0.089%$50.3M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5321−0.076%$54.6M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5328−0.029%$478K$54K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5325−0.050%$11K$271K20xas long as short
Extended XRP-USD+0.0104%1h1.5314−0.124%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5319−0.089%$71K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5331−0.011%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5320−0.086%$1.4M$8K15xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5324−0.057%$24.1M$74.7M125x
Coinbase International XRP-PERP-INTX+0.0224%1h1.5327−0.037%$5.8M$46.8M50xas long as short
Backpack XRP_USDC_PERP+0.0253%1h1.5323−0.063%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0296%1h1.5337+0.028%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0310%8h1.5329−0.024%$2.0M$34.5M2.9xas long as short
Hyperliquid XRP+0.0576%1h1.5347+0.093%$291.0M$215.4M20xas long as short
RISEx XRP/USDClong+0.0761%1h1.5333long leg$499K$707K10x
Aftermath Perps XRPUSD+0.0784%1h1.5353+0.133%$1K$11K10xas long as short