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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Arcus−0.026%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.187% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.026%, 7d avg −0.009%
Together, before fees−0.051%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus XRP-USD1.51970.0100pay 0.0013% / 1h58m 17s$144K$714K20x
ShortSoDEX XRP-USD1.51930.0100get 0.0013% / 1h58m 17s$28K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Arcus. 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
$0
Price spread: −0.026% → −0.009%
−$1.72
Slippage, 4 orders
−$6.2
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$20.41
Costs to cover
0.187%
Break-even
never at this rate
Slippage from Arcus: live order book, 46 min ago; SoDEX: live order book, 1 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 Arcus live order book, 46 min ago0.99 bp5.3 bp −$56.9 bp −$6926.5 bp −$2,647doesn't fit
Sell SoDEX live order book, 1 min ago0.33 bp4.3 bp −$47.0 bp −$70doesn't fitdoesn'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%1h1.5195−0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5195−0.016%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.151%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5192−0.033%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5196−0.007%$7.8M$24.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.389%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5191−0.041%$14.5M$74.3M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0094% / S −0.0051%1h1.5193−0.029%$784K200xas long as short
Lighter XRP+0.0096%1h1.5192−0.036%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5191−0.039%$545K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5185−0.079%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5192−0.036%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5194−0.018%$38.5M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5191−0.038%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5195−0.014%$532.2M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5191−0.039%$348.4M$959.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5192−0.033%$129.4M$882.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196−0.007%$565K$33K5xas long as short
Arcus XRP-USDlong+0.0100%1h1.5197long leg$144K$714K20x
Bulk XRP-USD+0.0100%1h1.5195−0.010%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5191−0.039%$378.8M$159.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5191−0.039%$312.0M$915.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5189−0.056%$107.1M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5190−0.046%$268.6M$395.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5191−0.039%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5187−0.067%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5204+0.048%$661K$114.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5196−0.007%$1.1M$35.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.072%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5196−0.009%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5190−0.046%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5196−0.008%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.51970.000%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5224+0.178%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5194−0.022%$127K$1.8M30xas long as short
SoDEX XRP-USDshort+0.0100%1h1.5193−0.026%$28K$1.6M10x
HTX XRP-USDT+0.0100%8h1.5196−0.006%$49.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196−0.007%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5194−0.019%$474K$55K50xas long as short
Backpack XRP_USDC_PERP+0.0101%1h1.5199+0.013%$2.0M$1.4M25xas long as short
Extended XRP-USD+0.0104%1h1.5187−0.063%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5192−0.032%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0128%1h1.5193−0.029%$17K$79K7xas long as short
01 Exchange XRPUSD+0.0168%1h1.5195−0.013%$8K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5196−0.007%$5.6M$48.2M50xas long as short
Hyperliquid XRP+0.0195%1h1.5203+0.039%$289.6M$267.1M20xas long as short
Kalshi KXXRPPERP+0.0215%8h1.5202+0.033%$1.8M$34.7M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5185−0.079%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5193−0.026%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5195−0.011%$528K$806K10xas long as short
Aftermath Perps XRPUSD+0.0700%1h1.5209+0.079%$2K$16K10xas long as short