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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Binance−0.020%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.020%, 7d avg +0.015%
Together, before fees+0.154%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.034% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.53590.0100pay 0.0100% / 8h24m 27s$546.9M$2.04B100x
ShortPacifica XRP1.53560.0100get 0.0013% / 1h24m 27s$632K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Binance. 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: −0.020% → +0.015%
−$3.44
Slippage, 4 orders
−$4.23
Fee Binance: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$25.67
Costs to cover
0.222%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Pacifica: live order book, 4 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 Binance live order book, 5 min ago0.32 bp5.5 bp −$66.4 bp −$6411.6 bp −$1,16129.7 bp −$14.9K
Sell Pacifica live order book, 4 min ago0.97 bp5.9 bp −$6doesn't fitdoesn'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%1h1.5356−0.020%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5357−0.016%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5420+0.397%$69K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5358−0.005%$266K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0098%1h1.5358−0.006%$830K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5373+0.092%$15.0M$69.7M50xas long as short
Orderly PERP_XRP_USDC+0.0058%8h1.5374+0.098%$75K$910K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0075%1h1.5376+0.111%$9.4M$25.6M50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.309%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5364+0.033%$2.9M$12.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5360+0.007%$438K$3.2M20xas long as short
Nado XRP-PERP+0.0100%1h1.5353−0.036%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5355−0.029%$39.1M$81.3M100xas long as short
Pacifica XRPshort+0.0100%1h1.5356−0.020%$632K$1.1M20x
Binance XRPUSDTlong+0.0100%8h1.5359long leg$546.9M$2.04B100x
Bybit XRPUSDT+0.0100%8h1.53590.000%$341.5M$924.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5358−0.007%$125.2M$879.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5345−0.091%$573K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5361+0.013%$116K$757K20xas long as short
Bulk XRP-USD+0.0100%1h1.5410+0.332%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5354−0.033%$360.7M$147.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5368+0.059%$291.6M$884.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5354−0.031%$109.8M$165.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5358−0.007%$267.2M$374.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5356−0.020%$121.6Mas long as short
Variational Omni XRP+0.0100%8h1.5385+0.168%$11.4M$30.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5405+0.298%$669K$104.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5403+0.286%$1.1M$40.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5406+0.306%$1.0M$900K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5362+0.020%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5363+0.023%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5374+0.097%$828K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5369+0.068%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5375+0.104%$31K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5371+0.080%$50.5M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5372+0.085%$54.7M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5355−0.023%$479K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5362+0.019%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.53590.000%$12K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5352−0.043%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5372+0.083%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5363+0.026%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5359−0.003%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5370+0.072%$24.3M$74.6M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5382+0.150%$5.8M$47.3M50xas long as short
Backpack XRP_USDC_PERP+0.0259%1h1.5372+0.085%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5383+0.157%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0305%8h1.5373+0.091%$1.9M$34.4M2.9xas long as short
Hyperliquid XRP+0.0589%1h1.5378+0.124%$292.5M$212.2M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5368+0.056%$499K$635K10xas long as short
Aftermath Perps XRPUSD+0.0791%1h1.5417+0.377%$1K$11K10xas long as short