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: Bulk against SoDEX+0.033%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$170.169% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.033%, 7d avg +0.037%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51400.0100pay 0.0013% / 1h41m 38s$29K$1.7M10x
ShortBulk XRP-USD1.51450.0100get 0.0013% / 1h41m 38s$1.6M$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against SoDEX. 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: +0.033% → +0.037%
−$0.36
Slippage, 4 orders
−$1.91
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$17.27
Costs to cover
0.169%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; Bulk: live order book, 2 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 SoDEX live order book, 2 min ago0.33 bp4.3 bp −$46.9 bp −$69doesn't fitdoesn't fit
Sell Bulk live order book, 2 min ago0.33 bp3.8 bp −$44.6 bp −$4611.4 bp −$1,14427.2 bp −$13.6K

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%1h1.5142+0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5151+0.075%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5130−0.066%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5143+0.020%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5145+0.031%$14.5M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.774%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0080%1h1.5159+0.125%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5148+0.053%$7.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S −0.0029%1h1.5143+0.017%$799K200xas long as short
Lighter XRP+0.0096%1h1.5157+0.115%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5159+0.125%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5148+0.053%$13K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5138−0.010%$985K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5156+0.105%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5158+0.118%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5158+0.117%$530.3M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5154+0.092%$345.6M$969.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5155+0.099%$127.3M$891.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161+0.139%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5161+0.139%$143K$722K20xas long as short
Bulk XRP-USDshort+0.0100%1h1.5145+0.033%$1.6M$5K20x
Gate XRP_USDT+0.0100%8h1.5154+0.092%$372.9M$159.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5157+0.112%$299.1M$921.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5155+0.098%$107.3M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5154+0.092%$267.4M$400.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5156+0.106%$106.4Mas long as short
Variational Omni XRP+0.0100%8h1.5118−0.146%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5135−0.033%$657K$114.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.046%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147+0.046%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5148+0.055%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5144+0.026%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5144+0.026%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5141+0.007%$65K$810K50xas long as short
Derive XRP-PERP+0.0100%1h1.5142+0.014%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145+0.034%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5140long leg$29K$1.7M10x
HTX XRP-USDT+0.0100%8h1.5145+0.032%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5141+0.007%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5164+0.159%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5152+0.079%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5141+0.007%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0153%1h1.5150+0.066%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5161+0.138%$17K$79K7xas long as short
Hyperliquid XRP+0.0163%1h1.5166+0.172%$288.9M$265.0M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5148+0.053%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0215%8h1.5148+0.053%$1.7M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5139−0.007%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5144+0.026%$23.5M$77.8M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5158+0.119%$523K$795K10xas long as short
Aftermath Perps XRPUSD+0.0563%1h1.5154+0.091%$2K$16K10xas long as short