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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against BingX−0.026%81s7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.026% cheaper against BingX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDT1.52040.0100pay 0.0100% / 8h7h 41m$108.7M
ShortBloFin XRP-USDT1.52000.0220get 0.0220% / 8h7h 41m$23.6M$77.7M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.026% → 0.000%
−$2.63
Slippage, 4 orders
−$1.97
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1.4
Costs to cover
0.240%
Break-even
7.4 days
Slippage from BingX: live order book, 12 min ago; BloFin: live order book, 2 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, 12 min ago0.66 bp5.7 bp −$66.0 bp −$608.2 bp −$82214.6 bp −$7,325
Sell BloFin live order book, 2 min ago0.33 bp6.3 bp −$67.6 bp −$7610.4 bp −$1,04121.6 bp −$10.8K

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
Kraken Futures PF_XRPUSD−0.0171%1h1.5211+0.043%$14.7M$75.5M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5222+0.118%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5218+0.090%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5230+0.171%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5212+0.056%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5215+0.072%$7.7M$23.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.341%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5207+0.020%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5208+0.026%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5209+0.033%$620K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5209+0.033%$20K$383K20xas long as short
Nado XRP-PERP+0.0100%1h1.5207+0.023%$994K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5207+0.020%$38.5M$84.8M100xas long as short
Pacifica XRP+0.0100%1h1.5208+0.026%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.52040.000%$530.3M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5201−0.020%$354.8M$945.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.52040.000%$126.9M$855.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.52040.000%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5221+0.112%$144K$708K20xas long as short
Bulk XRP-USD+0.0100%1h1.5227+0.154%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5203−0.007%$374.9M$152.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5207+0.020%$312.8M$913.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5206+0.011%$106.6M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5203−0.007%$269.5M$383.2M125xas long as short
BingX XRP-USDTlong+0.0100%8h1.5204long leg$108.7M
Variational Omni XRP+0.0100%8h1.5218+0.092%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5218+0.089%$661K$113.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5223+0.123%$1.1M$33.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5223+0.125%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5220+0.105%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5221+0.112%$52K$513K20xas long as short
Bullet XRP-USD+0.0100%1h1.5215+0.072%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5212+0.053%$78K$648K50xas long as short
Derive XRP-PERP+0.0100%1h1.5210+0.040%$818K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5219+0.101%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5208+0.026%$30K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5206+0.012%$49.7M$15.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5210+0.039%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5212+0.054%$474K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5199−0.034%$2.1M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5213+0.056%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0116% / S −0.0080%1h1.5213+0.057%$789K200xas long as short
01 Exchange XRPUSD+0.0128%1h1.5220+0.105%$9K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5216+0.079%$5.6M$47.7M50xas long as short
Kalshi KXXRPPERP+0.0174%8h1.5214+0.066%$1.7M$33.4M2.9xas long as short
Hyperliquid XRP+0.0180%1h1.5218+0.092%$290.6M$267.9M20xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5200−0.026%$23.6M$77.7M125x
Reya XRPRUSDPERP+0.0221%1h1.5215+0.071%$1.3M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0243%1h1.5215+0.072%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5219+0.101%$522K$798K10xas long as short
Aftermath Perps XRPUSD+0.0546%1h1.5221+0.113%$3K$16K10xas long as short