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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.06 per $10,000 · paid last 24h −0.099%
Price spread now: GMX against 01 Exchange−0.079%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.079% cheaper against 01 Exchange than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51040.0064pay 0.0008% / 1h46m 55s$8K$8K10x
ShortGMX XRP/USD [ETH-USDC]1.5092L +0.0069% / S −0.0013%get 0.0002% / 1h46m 55s$792K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$10.7
Price spread: −0.079% → 0.000%
−$7.89
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
−$37.59
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; GMX: 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 01 Exchange no order-book sample
Sell GMX no order-book sample
01 Exchange and GMX: 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%1h1.5113+0.060%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5096−0.054%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5107+0.017%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5130+0.172%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5096−0.053%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5093−0.073%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.019%$2K$107K30xas long as short
01 Exchange XRPUSDlong+0.0064%1h1.5104long leg$8K$8K10x
GMX XRP/USD [ETH-USDC]shortL +0.0069% / S −0.0013%1h1.5092−0.079%$792K200x
Lighter XRP+0.0096%1h1.5092−0.079%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5098−0.040%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5097−0.046%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5103−0.003%$938K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5100−0.026%$290.3M$258.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5092−0.080%$38.7M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5110+0.038%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5087−0.113%$530.8M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5089−0.099%$341.5M$950.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5092−0.079%$125.3M$887.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5111+0.046%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5108+0.026%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114+0.066%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5088−0.106%$371.6M$155.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5087−0.113%$294.6M$905.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5088−0.105%$107.6M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5088−0.106%$267.6M$393.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5085−0.126%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5128+0.158%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5105+0.009%$656K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.178%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124+0.132%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5103−0.009%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5099−0.033%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5094−0.068%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5094−0.066%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5093−0.076%$812K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5111+0.050%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5092−0.079%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5093−0.070%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5092−0.079%$53.8M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5104−0.003%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5084−0.131%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5091−0.083%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0146%8h1.5100−0.026%$1.8M$35.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5098−0.040%$5.6M$48.2M50xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5098−0.040%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5095−0.058%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5097−0.046%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5123+0.123%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5107+0.017%$515K$777K10xas long as short
Aftermath Perps XRPUSD+0.0621%1h1.5116+0.082%$2K$15K10xas long as short