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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against SoDEX+0.013%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.248% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.013%, 7d avg +0.020%
Together, before fees+0.070%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51720.0100pay 0.0013% / 1h8m 09s$29K$1.6M10x
ShortKuCoin XRPUSDTM1.51740.0100get 0.0100% / 8h2h 08m$107.2M$181.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.013% → +0.020%
−$0.71
Slippage, 4 orders
−$4.76
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.47
Costs to cover
0.248%
Break-even
never at this rate
Slippage from SoDEX: live order book, 1 min ago; KuCoin: 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 −$46.7 bp −$67doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago0.53 bp7.8 bp −$815.3 bp −$153doesn'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%1h1.5161−0.073%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5173+0.009%$14.4M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5172−0.003%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5090−0.540%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5174+0.013%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.557%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0073% / S −0.0018%1h1.5173+0.009%$800K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5179+0.046%$7.8M$25.5M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.51720.000%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5173+0.007%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5175+0.020%$548K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5166−0.040%$11K$362K20xas long as short
Nado XRP-PERP+0.0100%1h1.51720.000%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5173+0.008%$38.5M$87.4M100xas long as short
Pacifica XRP+0.0100%1h1.5171−0.004%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5171−0.005%$528.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.51720.000%$345.0M$965.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5170−0.013%$126.6M$890.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5137−0.231%$563K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5178+0.040%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5132−0.265%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.51720.000%$374.5M$161.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5169−0.020%$298.1M$928.3M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5174+0.013%$107.2M$181.4M75x
Bitget XRPUSDT+0.0100%8h1.5169−0.020%$266.6M$399.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5171−0.007%$106.0Mas long as short
Variational Omni XRP+0.0100%8h1.5143−0.192%$4.6M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5138−0.222%$657K$113.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5148−0.158%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147−0.165%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.51720.000%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5179+0.046%$52K$488K20xas long as short
Bullet XRP-USD+0.0100%1h1.5173+0.005%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5174+0.013%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5176+0.023%$817K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5177+0.034%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5172long leg$29K$1.6M10x
HTX XRP-USDT+0.0100%8h1.5160−0.080%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5173+0.007%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5177+0.030%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5168−0.025%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5173+0.007%$58K$25K3xas long as short
Hyperliquid XRP+0.0143%1h1.5183+0.073%$290.6M$263.4M20xas long as short
Hibachi XRP/USDT-P+0.0176%1h1.5161−0.073%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5179+0.046%$5.7M$48.6M50xas long as short
Backpack XRP_USDC_PERP+0.0207%1h1.5183+0.073%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5173+0.007%$1.7M$35.5M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5173+0.008%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5150−0.145%$23.2M$77.4M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5175+0.020%$518K$790K10xas long as short
Aftermath Perps XRPUSD+0.0582%1h1.5130−0.274%$2K$16K10xas long as short