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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h −0.009%
Price spread now: Orderly against ApeX Omni−0.046%7-day average −0.035% · 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 7 days−0.108%−$11 on $10k
Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.046%, 7d avg −0.035%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.51340.0100pay 0.0013% / 1h16m 47s$1.2M$1.0M50x
ShortOrderly PERP_XRP_USDC1.51270.0072get 0.0072% / 8h6h 16m$62K$953K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$5.83
Price spread: −0.046% → −0.035%
−$1.09
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$22.92
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 2 min ago; Orderly: 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 ApeX Omni live order book, 2 min ago0.99 bp6.0 bp −$612.8 bp −$128doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 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%1h1.5131−0.020%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5130−0.026%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.172%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123−0.073%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0022% / S +0.0057%1h1.5123−0.073%$799K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.815%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5127−0.045%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDCshort+0.0072%8h1.5127−0.046%$62K$953K50x
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5130−0.026%$7.6M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5126−0.053%$2.8M$14.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5139+0.033%$511K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5113−0.139%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5120−0.089%$933K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5127−0.043%$38.5M$84.2M100xas long as short
Pacifica XRP+0.0100%1h1.5130−0.027%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5124−0.068%$536.7M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5119−0.099%$340.4M$940.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5122−0.079%$124.1M$871.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5130−0.026%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5123−0.073%$114K$700K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.367%$1.6M$330K20xas long as short
Gate XRP_USDT+0.0100%8h1.5127−0.046%$367.9M$152.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5130−0.026%$290.4M$915.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5120−0.094%$106.8M$171.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5135+0.007%$266.6M$384.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5129−0.033%$126.9Mas long as short
Variational Omni XRP+0.0100%8h1.5151+0.110%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5134−0.001%$657K$109.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5152+0.122%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5134long leg$1.2M$1.0M50x
Vest XRP-PERP+0.0100%1h1.5127−0.046%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5127−0.046%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5127−0.046%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5130−0.029%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5134+0.001%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5129−0.033%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5133−0.004%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5127−0.046%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5130−0.023%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5126−0.053%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5125−0.058%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5120−0.093%$8K$8K10xas long as short
Hyperliquid XRP+0.0185%1h1.5143+0.059%$280.2M$222.2M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5119−0.100%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5133−0.007%$5.7M$46.6M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5132−0.013%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0339%1h1.5132−0.013%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0362%8h1.5132−0.013%$2.1M$35.7M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5123−0.070%$529K$787K10xas long as short
Aftermath Perps XRPUSD+0.0767%1h1.5148+0.092%$2K$14K10xas long as short