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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.030%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.195% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days+0.040%+$4 · spread now −0.030%, 7d avg +0.009%
Together, before fees+0.101%+ Points / potential airdropExtended: Active · farm board+$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: Extended is 0.039% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.50020.0100pay 0.0100% / 8h2h 30m$4.2M
ShortExtended XRP-USD1.49970.0104get 0.0013% / 1h30m 37s$1.9M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.030% → +0.009%
−$3.91
Slippage, 4 orders
−$4.45
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$22.52
Costs to cover
0.195%
Break-even
194.7 days
Slippage from BingX: live order book, 4 min ago; Extended: live order book, 3 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 ago0.67 bp6.9 bp −$710.3 bp −$10319.9 bp −$1,99065.9 bp −$32.9K
Sell Extended live order book, 3 min ago0.33 bp3.0 bp −$35.4 bp −$54doesn'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%1h1.5013+0.073%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5007+0.036%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5012+0.067%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5030+0.187%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5009+0.047%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5006+0.023%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.720%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5004+0.014%$786K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5009+0.047%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5006+0.027%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5008+0.040%$494K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5004+0.013%$12K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5021+0.123%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5017+0.100%$287.3M$259.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5003+0.007%$38.3M$86.9M100xas long as short
Pacifica XRP+0.0100%1h1.5007+0.033%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5008+0.040%$526.1M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5004+0.013%$341.1M$959.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5003+0.007%$124.5M$888.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5033+0.207%$559K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5011+0.060%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.166%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.5006+0.027%$367.7M$158.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5004+0.013%$288.7M$913.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5005+0.020%$106.2M$180.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.50020.000%$264.6M$396.8M125xas long as short
BingX XRP-USDClong+0.0100%8h1.5002long leg$4.2M
Variational Omni XRP+0.0100%8h1.5004+0.014%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5013+0.074%$652K$112.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5026+0.161%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5014+0.080%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5016+0.096%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5012+0.067%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5006+0.027%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5006+0.027%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5004+0.014%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5019+0.115%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5007+0.033%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5005+0.017%$49.0M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5008+0.040%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5005+0.021%$468K$55K50xas long as short
Extended XRP-USDshort+0.0104%1h1.4997−0.030%$1.9M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5006+0.027%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0133%8h1.5025+0.153%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0167%1h1.5016+0.093%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5012+0.067%$5.6M$48.2M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5026+0.157%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5006+0.029%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5001−0.007%$23.3M$75.8M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5009+0.044%$512K$778K10xas long as short
Aftermath Perps XRPUSD+0.0604%1h1.5042+0.267%$2K$16K10xas long as short