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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against SoDEX−0.024%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.146% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.020%+$2 on $10k
Price spread, last 3 days (all we have)+0.070%+$7 · spread now −0.024%, 7d avg −0.022%
Together, before fees+0.090%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51960.0100pay 0.0013% / 1h58m 14s$29K$1.8M10x
ShortExtended XRP-USD1.51920.0104get 0.0013% / 1h58m 14s$2.1M$7.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.024% → −0.022%
−$0.17
Slippage, 4 orders
−$1.57
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$13.9
Costs to cover
0.146%
Break-even
122.8 days
Slippage from SoDEX: live order book, 1 min ago; Extended: 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 SoDEX live order book, 1 min ago0.33 bp4.3 bp −$47.0 bp −$7033.5 bp −$3,346doesn't fit
Sell Extended live order book, 6 min ago0.33 bp3.1 bp −$35.9 bp −$59doesn't fitdoesn't fit

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%1h1.5181−0.099%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5165−0.201%$1.1M$116K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5188−0.052%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0069%1h1.5194−0.016%$834K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.395%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5194−0.015%$14.2M$70.5M50xas long as short
Orderly PERP_XRP_USDC+0.0066%8h1.5198+0.013%$57K$935K50xas long as short
01 Exchange XRPUSD+0.0080%1h1.5214+0.118%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5200+0.024%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5201+0.033%$507K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5207+0.072%$11K$288K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5186−0.063%$473K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5220+0.158%$923K$5.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5213+0.110%$38.4M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5177−0.126%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5201+0.032%$536.0M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5204+0.053%$339.2M$924.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5203+0.046%$122.6M$866.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5190−0.039%$567K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5206+0.066%$115K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+1.011%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5199+0.020%$367.7M$146.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5199+0.020%$296.6M$886.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5220+0.157%$109.3M$168.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5197+0.007%$266.2M$378.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5193−0.020%$125.9Mas long as short
Variational Omni XRP+0.0100%8h1.5216+0.131%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5260+0.420%$663K$107.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5199+0.022%$1.1M$37.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5252+0.369%$1.2M$999K50xas long as short
Vest XRP-PERP+0.0100%1h1.5213+0.111%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5215+0.125%$44K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5203+0.048%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5195−0.004%$818K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5205+0.056%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5196long leg$29K$1.8M10x
HTX XRP-USDT+0.0100%8h1.5202+0.041%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.51960.000%$53.9M$29.4M50xas long as short
Extended XRP-USDshort+0.0104%1h1.5192−0.024%$2.1M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5198+0.011%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0145%1h1.5198+0.013%$9.2M$24.6M50xas long as short
Hyperliquid XRP+0.0183%1h1.5218+0.145%$283.4M$219.9M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5211+0.100%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5197+0.007%$5.7M$46.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5226+0.197%$24.1M$74.0M125xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5221+0.165%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0324%8h1.5201+0.033%$2.0M$34.9M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5206+0.065%$537K$777K10xas long as short
Phoenix XRP+0.0520%1h1.5240+0.290%$68K$110K15xas long as short
Backpack XRP_USDC_PERP+0.0623%1h1.5230+0.224%$1.9M$1.3M25xas long as short
Aftermath Perps XRPUSD+0.0827%1h1.5257+0.403%$2K$13K10xas long as short