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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.013%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.013%, 7d avg +0.005%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDT1.55500.0100pay 0.0100% / 8h1h 25m$117.7M
ShortBitget XRPUSDT1.55520.0100get 0.0100% / 8h1h 25m$271.3M$362.7M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.013% → +0.005%
$0.77
Slippage, 4 orders
−$4.29
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$25.51
Costs to cover
0.263%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Bitget: 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 BingX live order book, 4 min ago1.29 bp6.3 bp −$66.7 bp −$678.7 bp −$87016.1 bp −$8,066
Sell Bitget live order book, 4 min ago0.32 bp6.3 bp −$67.6 bp −$7616.1 bp −$1,60536.6 bp −$18.3K

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%1h1.5536−0.090%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5542−0.053%$1.1M$114K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5538−0.077%$9.5M$25.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5540−0.062%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.672%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5532−0.114%$15.4M$68.8M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0052% / S +0.0123%1h1.5538−0.080%$1.1M200xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5540−0.064%$76K$946K50xas long as short
Lighter XRP+0.0096%1h1.5542−0.052%$3.0M$12.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5543−0.045%$440K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5545−0.029%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5543−0.044%$39.5M$78.3M100xas long as short
Pacifica XRP+0.0100%1h1.5542−0.053%$640K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5556+0.039%$559.7M$1.97B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5558+0.051%$348.7M$894.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5553+0.019%$127.6M$879.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5528−0.141%$578K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5554+0.026%$119K$740K20xas long as short
Gate XRP_USDT+0.0100%8h1.5544−0.039%$374.0M$140.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5542−0.051%$293.2M$852.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5539−0.070%$113.5M$158.7M75xas long as short
Bitget XRPUSDTshort+0.0100%8h1.5552+0.013%$271.3M$362.7M125x
BingX XRP-USDTlong+0.0100%8h1.5550long leg$117.7M
Variational Omni XRP+0.0100%8h1.5485−0.421%$11.7M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5495−0.351%$675K$101.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5534−0.105%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5504−0.296%$1.0M$882K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5553+0.019%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.55500.000%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5545−0.034%$837K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5542−0.054%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5533−0.109%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5536−0.088%$51.0M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5538−0.077%$55.3M$29.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5477−0.472%$1.7M$578K20xas long as short
Vest XRP-PERP+0.0100%1h1.5546−0.023%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5537−0.085%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5544−0.039%$12K$259K20xas long as short
Extended XRP-USD+0.0104%1h1.5547−0.021%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5540−0.066%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5552+0.013%$8K$8K10xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5531−0.121%$18K$82K7xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5548−0.015%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5545−0.032%$5.8M$47.2M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5529−0.135%$24.7M$73.6M125xas long as short
Backpack XRP_USDC_PERP+0.0275%1h1.5545−0.032%$1.8M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0320%8h1.5549−0.006%$1.9M$32.8M2.9xas long as short
Phoenix XRP+0.0516%1h1.5480−0.450%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5559+0.061%$510K$629K10xas long as short
Hyperliquid XRP+0.0601%1h1.5569+0.122%$291.4M$203.0M20xas long as short
Aftermath Perps XRPUSD+0.0734%1h1.5542−0.053%$1K$11K10xas long as short