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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0027%/8h= −3.0% APRnext payment $0.03 per $10,000 · paid last 24h −0.040%
Price spread now: Deribit against 01 Exchange+0.007%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.53120.0104pay 0.0013% / 1h49m 05s$8K$8K10x
ShortDeribit XRP_USDC-PERPETUAL1.53130.0077get 0.0010% / 1h49m 05s$9.3M$25.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$5.67
Price spread: +0.007% → 0.000%
$0.65
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$19.02
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Deribit: live order book, 5 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 Deribit live order book, 5 min ago1.62 bp5.1 bp −$56.0 bp −$6046.1 bp −$4,607doesn't fit
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%1h1.5307−0.033%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5313+0.005%$1.1M$113K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5303−0.057%$256K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0010% / S +0.0086%1h1.5304−0.052%$839K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.620%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0061%8h1.5310−0.013%$75K$910K50xas long as short
Deribit XRP_USDC-PERPETUALshort+0.0077%1h1.5313+0.007%$9.3M$25.5M50x
Lighter XRP+0.0096%1h1.5310−0.013%$2.8M$13.7M20xas long as short
Lighter RH XRP+0.0096%1h1.5310−0.013%$511K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5310−0.013%$11K$276K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERP+0.0100%8h1.5309−0.023%$477K$54K50xas long as short
Nado XRP-PERP+0.0100%1h1.5313+0.003%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5310−0.013%$38.7M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5311−0.006%$619K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5308−0.023%$538.3M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5305−0.046%$340.2M$929.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5305−0.046%$124.7M$879.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5320+0.052%$572K$48K5xas long as short
Arcus XRP-USD+0.0100%1h1.53120.000%$116K$709K20xas long as short
Bulk XRP-USD+0.0100%1h1.5337+0.163%$1.7M$565K20xas long as short
Gate XRP_USDT+0.0100%8h1.5307−0.033%$373.3M$148.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5309−0.020%$295.4M$894.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5306−0.039%$108.6M$167.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5307−0.033%$268.4M$376.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5304−0.052%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5329+0.112%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5392+0.521%$668K$106.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5387+0.490%$1.1M$39.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5333+0.137%$1.0M$906K50xas long as short
Vest XRP-PERP+0.0100%1h1.5308−0.024%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5310−0.013%$48K$458K20xas long as short
Bullet XRP-USD+0.0100%1h1.5307−0.031%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5312−0.003%$824K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5312−0.002%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5311−0.007%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5305−0.046%$50.2M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5308−0.026%$54.4M$29.8M50xas long as short
Extended XRP-USD+0.0104%1h1.5308−0.024%$2.1M$7.2M50xas long as short
01 Exchange XRPUSDlong+0.0104%1h1.5312long leg$8K$8K10x
Aevo XRP-PERP+0.0104%1h1.5310−0.014%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5307−0.031%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5308−0.026%$23.9M$74.4M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5311−0.007%$5.8M$46.3M50xas long as short
Backpack XRP_USDC_PERP+0.0240%1h1.5316+0.026%$1.9M$1.3M25xas long as short
Kraken Futures PF_XRPUSD+0.0244%1h1.5310−0.015%$14.5M$70.6M50xas long as short
Hibachi XRP/USDT-P+0.0296%1h1.5315+0.022%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5317+0.033%$2.0M$35.3M2.9xas long as short
Hyperliquid XRP+0.0427%1h1.5321+0.059%$290.3M$216.0M20xas long as short
Phoenix XRP+0.0520%1h1.5400+0.575%$69K$110K15xas long as short
Aftermath Perps XRPUSD+0.0796%1h1.5348+0.234%$2K$12K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5313+0.005%$506K$755K10xas long as short