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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against SunX−0.124%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$530.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.124%, 7d avg −0.049%
Together, before fees+0.151%+ Points / potential airdropExtended: Active · farm board+$15 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: Extended is 0.075% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.51830.0100pay 0.0100% / 8h37m 08s$128K$1.8M30x
ShortExtended XRP-USD1.51640.0104get 0.0013% / 1h37m 08s$2.1M$6.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.124% → −0.049%
−$7.46
Slippage, 4 orders
−$40.3
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$59.92
Costs to cover
0.533%
Break-even
506.4 days
Slippage from SunX: live order book, 9 min ago; Extended: 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 SunX live order book, 9 min ago17.60 bp21.6 bp −$2224.9 bp −$249doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.33 bp2.8 bp −$35.1 bp −$51doesn'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%1h1.5190+0.044%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5182−0.012%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5174−0.061%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5172−0.074%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.481%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5168−0.102%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5167−0.107%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5172−0.074%$603K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5172−0.074%$17K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5176−0.046%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5181−0.015%$38.4M$86.9M100xas long as short
Pacifica XRP+0.0100%1h1.5190+0.043%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5177−0.039%$531.7M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5175−0.055%$349.6M$955.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5189+0.038%$127.9M$869.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.268%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5187+0.024%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.044%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5178−0.035%$378.3M$160.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5167−0.107%$314.1M$921.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5169−0.095%$106.3M$183.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5180−0.022%$268.2M$391.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5178−0.035%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.278%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5205+0.144%$660K$113.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5210+0.175%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.367%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5187+0.021%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5178−0.035%$51K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5177−0.044%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5174−0.061%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5195+0.080%$817K$74K10xas long as short
SunX XRP-USDTlong+0.0100%8h1.5183long leg$128K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5168−0.101%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5166−0.116%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5169−0.094%$54.2M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5194+0.074%$474K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0061%1h1.5174−0.062%$783K200xas long as short
Extended XRP-USDshort+0.0104%1h1.5164−0.124%$2.1M$6.9M50x
01 Exchange XRPUSD+0.0104%1h1.5175−0.055%$8K$2K10xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5194+0.068%$17K$78K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5169−0.093%$58K$25K3xas long as short
Hyperliquid XRP+0.0133%1h1.5181−0.015%$289.6M$267.7M20xas long as short
Backpack XRP_USDC_PERP+0.0151%1h1.5186+0.018%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5176−0.048%$5.6M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0195%8h1.5187+0.024%$1.8M$34.5M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5175−0.054%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5169−0.094%$23.5M$77.6M125xas long as short
RISEx XRP/USDC+0.0394%1h1.51830.000%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5230+0.308%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0645%1h1.5216+0.216%$2K$16K10xas long as short