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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h −0.007%
Price spread now: Bulk against 01 Exchange−0.042%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 4 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. Bulk is 0.042% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.53310get 0.0000% / 1h5m 37s$9K$98710x
ShortBulk XRP-USD1.53240.0100get 0.0013% / 1h5m 37s$1.6M$66K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against 01 Exchange. 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
$21
Price spread: −0.042% → 0.000%
−$4.24
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$2.76
Costs to cover
0.140%
Break-even
6.1 days
Slippage unknown: 01 Exchange: no order-book sample; Bulk: live order book, 2 min ago. 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 01 Exchange no order-book sample
Sell Bulk live order book, 2 min ago0.33 bp3.8 bp −$44.7 bp −$4711.3 bp −$1,12636.6 bp −$18.3K
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 exchanges

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%1h1.5395+0.417%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5327−0.027%$13.8M$69.3M50xas long as short
dYdX XRP-USD0.0000%1h1.5327−0.029%$1.1M$154K10xas long as short
01 Exchange XRPUSDlong0.0000%1h1.5331long leg$9K$98710x
Phoenix XRP0.0000%1h1.5290−0.267%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5327−0.026%$7.7M$20.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5318−0.083%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.494%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5312−0.127%$17K$70K7xas long as short
Lighter XRP+0.0096%1h1.5328−0.018%$2.8M$14.2M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.53310.000%$599K$3.2M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5328−0.018%$478K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5320−0.072%$10K$410K20xas long as short
Nado XRP-PERP+0.0100%1h1.5321−0.064%$838K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5334+0.020%$297.4M$264.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5324−0.043%$38.9M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5326−0.031%$589K$987K20xas long as short
Binance XRPUSDT+0.0100%8h1.5325−0.039%$532.9M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5323−0.052%$361.3M$860.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5322−0.059%$124.1M$824.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5267−0.417%$562K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5330−0.007%$163K$695K20xas long as short
Gate XRP_USDT+0.0100%8h1.5326−0.033%$377.6M$161.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5325−0.039%$316.7M$908.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5327−0.027%$104.9M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5326−0.033%$271.3M$350.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5320−0.072%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5324−0.043%$4.9M$38.0Mas long as short
edgeX XRPUSDC+0.0100%4h1.5277−0.349%$664K$106.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5299−0.209%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5287−0.287%$1.2M$1.2M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5330−0.007%$52K$470K20xas long as short
Bullet XRP-USD+0.0100%1h1.5328−0.019%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5325−0.039%$83K$601K50xas long as short
Derive XRP-PERP+0.0100%1h1.5303−0.183%$823K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5334+0.018%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5323−0.052%$32K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5316−0.100%$49.9M$13.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5324−0.046%$54.7M$33.1M50xas long as short
Bulk XRP-USDshort+0.0100%1h1.5324−0.042%$1.6M$66K20x
Vest XRP-PERP+0.0100%1h1.5327−0.025%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5322−0.061%$2.2M$6.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5320−0.072%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5326−0.033%$5.5M$42.6M50xas long as short
Kalshi KXXRPPERP+0.0117%8h1.5329−0.013%$1.9M$35.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0156%1h1.5333+0.013%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5313−0.117%$23.7M$77.5M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5325−0.042%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5333+0.013%$507K$723K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0245% / S −0.0472%1h1.5328−0.020%$886K200xas long as short
Aftermath Perps XRPUSD+0.0362%1h1.5299−0.209%$3K$13K10xas long as short