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−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against ApeX Omni+0.327%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2912.906% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.098%−$10 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.327%, 7d avg −0.035%
Together, before fees−0.145%−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.363% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.327% now, against its 7-day average of −0.035%): +$36 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.49450.0100pay 0.0013% / 1h24m 39s$1.2M$1.1M50x
ShortgTrade (Gains Network) XRP/USD1.4994L +0.0003% / S −0.0004%get 0.0000% / 1h24m 39s$243K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX Omni. 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
−$20.18
Price spread: +0.327% → −0.035%
$36.25
Slippage, 4 orders
−$270.63
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$274.55
Costs to cover
2.906%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 24 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 ApeX Omni live order book, 4 min ago4.67 bp9.7 bp −$1014.7 bp −$147doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 24 min ago130.02 bp135.0 bp −$135193.2 bp −$1,9321958.1 bp −$195.8Kdoesn'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%1h1.4943−0.013%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.4994+0.331%$14.1M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.4997+0.350%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980+0.234%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDshortL +0.0003% / S −0.0004%1h1.4994+0.327%$243K150x
Injective XRP/USDC PERP+0.0033%1h1.5560+4.115%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4993+0.322%$788K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.4996+0.341%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0084%1h1.4997+0.348%$7.6M$25.7M50xas long as short
Lighter XRP+0.0096%1h1.5000+0.367%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5001+0.375%$543K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.4986+0.274%$10K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.4989+0.291%$952K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5008+0.422%$285.7M$260.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.4998+0.355%$38.2M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5002+0.382%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5001+0.376%$525.0M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5002+0.381%$341.1M$964.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5002+0.381%$124.3M$877.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4996+0.341%$556K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5000+0.368%$143K$719K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.548%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.4988+0.288%$367.9M$159.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5003+0.388%$278.0M$919.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.4999+0.362%$104.7M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.4996+0.341%$263.5M$397.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.4998+0.355%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.4960+0.101%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.4951+0.042%$649K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.373%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.4945long leg$1.2M$1.1M50x
Polymarket Perps XRP-USD+0.0100%1h1.5000+0.368%$51K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.4996+0.341%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.4995+0.335%$61K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.4993+0.324%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5002+0.378%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.4996+0.341%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.4990+0.299%$49.0M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4989+0.294%$53.5M$32.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5012+0.446%$468K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.4991+0.307%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.4982+0.246%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.4995+0.332%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0148%8h1.4991+0.308%$1.6M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0162%1h1.4991+0.308%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5000+0.368%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.4939−0.042%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4993+0.323%$1.3M$6K15xas long as short
BloFin XRP-USDT+0.0220%8h1.4995+0.335%$23.3M$76.3M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5001+0.375%$512K$782K10xas long as short
Aftermath Perps XRPUSD+0.0619%1h1.5001+0.375%$2K$16K10xas long as short