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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against BingX+0.145%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$230.235% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.003%$0 on $10k
Price spread, last 7 days−0.119%−$12 · spread now +0.145%, 7d avg +0.057%
Together, before fees−0.122%−$12 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: Bulk is 0.088% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.51440.0100pay 0.0100% / 8h1h 55m$4.2M
ShortBulk XRP-USD1.51660.0100get 0.0013% / 1h55m 12s$1.6M$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +0.145% → +0.057%
$8.83
Slippage, 4 orders
−$6.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$14.65
Costs to cover
0.235%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bulk: 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, 9 min ago0.33 bp8.3 bp −$811.0 bp −$11024.1 bp −$2,41481.0 bp −$40.5K
Sell Bulk live order book, 4 min ago0.33 bp4.3 bp −$45.5 bp −$5513.8 bp −$1,37535.3 bp −$17.7K

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%1h1.5158+0.092%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5145+0.005%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.040%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5145+0.006%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5147+0.019%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.747%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5146+0.013%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0077% / S −0.0023%1h1.5143−0.007%$799K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5150+0.040%$7.7M$25.2M50xas long as short
Lighter XRP+0.0096%1h1.5147+0.020%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5150+0.040%$546K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5136−0.053%$11K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5150+0.043%$999K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5146+0.011%$38.4M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5154+0.067%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5149+0.033%$528.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.51440.000%$343.9M$967.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5146+0.013%$127.0M$891.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5154+0.066%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5150+0.040%$143K$718K20xas long as short
Bulk XRP-USDshort+0.0100%1h1.5166+0.145%$1.6M$5K20x
Gate XRP_USDT+0.0100%8h1.51440.000%$374.9M$157.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5146+0.013%$297.1M$916.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5148+0.025%$107.3M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.51440.000%$266.5M$399.4M125xas long as short
BingX XRP-USDClong+0.0100%8h1.5144long leg$4.2M
Variational Omni XRP+0.0100%8h1.5135−0.060%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5133−0.075%$659K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.073%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156+0.079%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5150+0.038%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5150+0.040%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5140−0.027%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5145+0.007%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5147+0.017%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5150+0.040%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5145+0.007%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5149+0.034%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5150+0.040%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5158+0.091%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5141−0.022%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5143−0.004%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5152+0.050%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0169%1h1.5156+0.079%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5151+0.046%$5.7M$48.4M50xas long as short
Hyperliquid XRP+0.0196%1h1.5160+0.106%$289.2M$264.6M20xas long as short
Kalshi KXXRPPERP+0.0212%8h1.5153+0.059%$1.8M$35.4M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5143−0.005%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5142−0.013%$23.5M$77.7M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5150+0.043%$517K$792K10xas long as short
Aftermath Perps XRPUSD+0.0571%1h1.5154+0.064%$2K$16K10xas long as short