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

XRP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Arcus against SunX+0.072%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$590.586% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now +0.072%, 7d avg −0.021%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.094% dearer against SunX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.56180.0100pay 0.0100% / 8h45m 50s$131K$1.8M30x
ShortArcus XRP-USD1.56290.0100get 0.0013% / 1h45m 50s$117K$752K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against SunX. 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: +0.072% → −0.021%
$9.35
Slippage, 4 orders
−$46.12
Fee SunX: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$49.27
Costs to cover
0.586%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; Arcus: live order book, 33 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 SunX live order book, 10 min ago17.59 bp21.6 bp −$2224.3 bp −$243doesn't fitdoesn't fit
Sell Arcus live order book, 33 min ago0.64 bp5.5 bp −$59.2 bp −$9230.0 bp −$2,996doesn'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%1h1.5626+0.053%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5603−0.094%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5650+0.207%$70K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5633+0.099%$262K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0106%1h1.5631+0.087%$860K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0006%1h1.5630+0.079%$9.7M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5627+0.061%$15.7M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5629+0.072%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.369%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5626+0.054%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5624+0.040%$445K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5625+0.050%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5607−0.071%$39.7M$80.0M100xas long as short
Pacifica XRP+0.0100%1h1.5616−0.011%$642K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5606−0.075%$558.8M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5603−0.094%$347.7M$914.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5603−0.094%$127.5M$892.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5568−0.318%$579K$42K5xas long as short
Arcus XRP-USDshort+0.0100%1h1.5629+0.072%$117K$752K20x
Bulk XRP-USD+0.0100%1h1.5633+0.099%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5606−0.075%$373.0M$143.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5606−0.075%$303.6M$867.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5608−0.065%$113.6M$163.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5600−0.113%$272.8M$369.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5610−0.049%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5634+0.101%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5593−0.159%$677K$103.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5605−0.081%$1.1M$40.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5640+0.143%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5616−0.008%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5630+0.079%$49K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5633+0.100%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5635+0.112%$842K$81K10xas long as short
SunX XRP-USDTlong+0.0100%8h1.5618long leg$131K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5627+0.060%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5622+0.029%$51.3M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5625+0.047%$55.6M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5620+0.015%$487K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5629+0.072%$13K$266K20xas long as short
Extended XRP-USD+0.0104%1h1.5601−0.109%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5632+0.088%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5631+0.085%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5628+0.068%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5585−0.209%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5634+0.104%$5.9M$47.9M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5570−0.302%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5636+0.117%$2.0M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0396%1h1.5629+0.072%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0625%1h1.5637+0.124%$298.0M$208.8M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5640+0.145%$510K$632K10xas long as short
Aftermath Perps XRPUSD+0.0812%1h1.5617−0.007%$1K$11K10xas long as short