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% APRpaid last 24h 0.000%
Price spread now: Derive against BingX+0.075%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.075%, 7d avg +0.013%
Together, before fees−0.095%−$10 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: Derive is 0.062% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.51600.0100pay 0.0100% / 8h14m 19s$4.2M
ShortDerive XRP-PERP1.51710.0100get 0.0013% / 1h14m 19s$816K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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: +0.075% → +0.013%
$6.21
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
−$9.79
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 11 min ago; Derive: no order-book sample. Net counts fees only.

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, 11 min ago0.66 bp7.4 bp −$711.1 bp −$11128.0 bp −$2,79786.5 bp −$43.3K
Sell Derive no order-book sample
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5157−0.020%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5165+0.034%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5167+0.046%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5175+0.099%$7.7M$24.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.639%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5168+0.055%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5164+0.024%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5166+0.040%$604K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5152−0.053%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5154−0.040%$20K$384K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5159−0.008%$997K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5168+0.052%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5167+0.049%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5167+0.046%$529.1M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5167+0.046%$349.6M$950.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5170+0.066%$127.2M$863.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5145−0.099%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5167+0.046%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.119%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5163+0.020%$377.4M$162.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5165+0.033%$309.5M$927.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5159−0.009%$106.6M$183.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5168+0.053%$268.8M$389.0M125xas long as short
BingX XRP-USDClong+0.0100%8h1.5160long leg$4.2M
Variational Omni XRP+0.0100%8h1.5148−0.078%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160+0.003%$659K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5177+0.111%$1.1M$34.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181+0.139%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5166+0.039%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5164+0.026%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5165+0.033%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5170+0.066%$77K$689K50xas long as short
Derive XRP-PERPshort+0.0100%1h1.5171+0.075%$816K$76K10x
SunX XRP-USDT+0.0100%8h1.5165+0.030%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5169+0.059%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5157−0.017%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5167+0.046%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5172+0.079%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5165+0.030%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5164+0.026%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5169+0.061%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0107% / S −0.0070%1h1.5151−0.057%$773K200xas long as short
Hyperliquid XRP+0.0140%1h1.5176+0.106%$289.8M$268.2M20xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5163+0.020%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0170%8h1.5165+0.033%$1.8M$34.0M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5173+0.086%$5.6M$48.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5153−0.046%$23.5M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5144−0.108%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5166+0.038%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180+0.132%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0595%1h1.5161+0.006%$2K$16K10xas long as short