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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0224%/8h= +24.5% APRnext payment +$0.28 per $10,000 · paid last 24h +0.105%
Price spread now: RISEx against 01 Exchange−0.010%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.53940.0048pay 0.0006% / 1h13m 18s$9K$2K10x
ShortRISEx XRP/USDC1.53920.0272get 0.0034% / 1h13m 18s$514K$786K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$46.95
Price spread: −0.010% → 0.000%
−$1.04
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$32.91
Costs to cover
0.130%
Break-even
2.1 days
Slippage unknown: 01 Exchange: no order-book sample; RISEx: live order book, 38 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 RISEx live order book, 38 min ago1.60 bp4.6 bp −$510.6 bp −$106doesn't fitdoesn'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 50 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%1h1.5399+0.032%$5K$4K20xas long as short
dYdX XRP-USD0.0000%1h1.5390−0.028%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5393−0.006%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5389−0.031%$250K150xas long as short
Kraken Futures PF_XRPUSD+0.0015%1h1.5393−0.007%$14.2M$72.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.078%$2K$107K30xas long as short
01 Exchange XRPUSDlong+0.0048%1h1.5394long leg$9K$2K10x
Lighter XRP+0.0096%1h1.5390−0.026%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5396+0.013%$606K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5392−0.015%$480K$51K50xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5388−0.039%$10K$396K20xas long as short
Nado XRP-PERP+0.0100%1h1.5388−0.036%$1.0M$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5390−0.024%$39.6M$82.2M100xas long as short
Pacifica XRP+0.0100%1h1.5394+0.003%$590K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5389−0.034%$536.6M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5391−0.019%$363.5M$897.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5390−0.026%$124.7M$846.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5340−0.351%$563K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5401+0.045%$165K$692K20xas long as short
Bulk XRP-USD+0.0100%1h1.5353−0.269%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5389−0.032%$380.1M$161.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5388−0.039%$315.7M$918.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5389−0.036%$106.9M$182.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5392−0.013%$272.7M$359.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5388−0.039%$103.7Mas long as short
Variational Omni XRP+0.0100%8h1.5377−0.109%$5.1M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5385−0.062%$669K$111.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5372−0.140%$1.1M$31.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5360−0.221%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5393−0.008%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5391−0.019%$53K$478K20xas long as short
Bullet XRP-USD+0.0100%1h1.5390−0.025%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5389−0.032%$68K$600K50xas long as short
SunX XRP-USDT+0.0100%8h1.5391−0.019%$129K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5389−0.032%$31K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5386−0.054%$50.2M$14.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5395+0.006%$54.9M$33.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5384−0.067%$2.1M$5.8M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5399+0.031%$17K$76K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5385−0.061%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0120%1h1.5393−0.006%$5.5M$45.6M50xas long as short
Hyperliquid XRP+0.0124%1h1.5403+0.058%$299.5M$268.9M20xas long as short
Kalshi KXXRPPERP+0.0151%8h1.5399+0.032%$1.9M$34.4M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0155% / S −0.0126%1h1.5382−0.075%$801K200xas long as short
Backpack XRP_USDC_PERP+0.0199%1h1.5413+0.123%$2.0M$1.3M25xas long as short
BloFin XRP-USDT+0.0220%8h1.53940.000%$23.9M$79.2M125xas long as short
Reya XRPRUSDPERP+0.0222%1h1.5385−0.056%$1.4M$1K15xas long as short
RISEx XRP/USDCshort+0.0272%1h1.5392−0.010%$514K$786K10x
Aftermath Perps XRPUSD+0.0467%1h1.5387−0.046%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5410+0.104%$69K$109K15xas long as short