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+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.013%
Price spread now: 01 Exchange against SoDEX−0.481%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.481% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.481% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 4 months of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51780.0100pay 0.0013% / 1h56m 27s$29K$1.8M10x
Short01 Exchange XRPUSD1.51050.0112get 0.0014% / 1h56m 27s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$2.52
Price spread: −0.481% → 0.000%
−$48.1
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$60.58
Costs to cover
0.150%
Break-even
175.3 days
Slippage unknown: SoDEX: live order book, 2 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 −$47.0 bp −$7033.5 bp −$3,346doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5182+0.026%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5130−0.313%$1.1M$117K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5089−0.585%$267K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0069%1h1.5090−0.583%$827K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.517%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5176−0.014%$14.2M$70.5M50xas long as short
Orderly PERP_XRP_USDC+0.0066%8h1.5182+0.026%$57K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5182+0.026%$9.1M$24.6M50xas long as short
Lighter XRP+0.0096%1h1.5144−0.225%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5147−0.204%$505K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5098−0.527%$11K$288K20xas long as short
Nado XRP-PERP+0.0100%1h1.5105−0.478%$906K$5.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5093−0.560%$38.2M$84.0M100xas long as short
Pacifica XRP+0.0100%1h1.5130−0.318%$614K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5091−0.573%$531.5M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5090−0.580%$337.7M$929.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5112−0.435%$121.5M$863.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5176−0.013%$565K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5099−0.520%$114K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5203+0.165%$1.6M$305K20xas long as short
Gate XRP_USDT+0.0100%8h1.5095−0.547%$364.7M$147.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5099−0.520%$288.1M$889.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5118−0.397%$109.9M$169.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5104−0.488%$264.1M$381.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5089−0.586%$126.5Mas long as short
Variational Omni XRP+0.0100%8h1.5216+0.249%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5219+0.272%$661K$106.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5208+0.198%$1.1M$37.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5235+0.376%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5130−0.316%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5108−0.461%$44K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5098−0.529%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5182+0.026%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5184+0.037%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5178long leg$29K$1.8M10x
HTX XRP-USDT+0.0100%8h1.5179+0.004%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5179+0.007%$53.9M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5129−0.324%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5094−0.554%$2.0M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5179+0.007%$58K$25K3xas long as short
01 Exchange XRPUSDshort+0.0112%1h1.5105−0.481%$8K$8K10x
Hyperliquid XRP+0.0130%1h1.5114−0.422%$280.4M$221.7M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5103−0.492%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5185+0.046%$5.7M$46.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5162−0.105%$24.0M$73.9M125xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5182+0.026%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0324%8h1.5200+0.145%$2.0M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5101−0.508%$535K$778K10xas long as short
Backpack XRP_USDC_PERP+0.0485%1h1.5170−0.053%$1.9M$1.3M25xas long as short
Phoenix XRP+0.0520%1h1.5240+0.408%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0860%1h1.5226+0.318%$2K$13K10xas long as short