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Funding arb · Price arb /

XRP

all XRP markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

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: KuCoin against BingX+0.050%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.358% of the position
Long on BingXShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.050%, 7d avg +0.051%
Together, before fees−0.081%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.54900.0100pay 0.0100% / 8h38m 20s—$3.7M—
ShortKuCoin XRPUSDTM1.54980.0100get 0.0100% / 8h38m 20s$112.9M$163.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.050% → +0.051%
−$0.16
Slippage, 4 orders
−$13.76
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$35.92
Costs to cover
0.358%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 6 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 ago0.64 bp7.6 bp −$810.9 bp −$10923.8 bp −$2,37761.2 bp −$30.6K
Sell KuCoin live order book, 6 min ago0.71 bp9.2 bp −$911.3 bp −$11332.8 bp −$3,284doesn'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%1h1.5494+0.026%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5485−0.035%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5550+0.387%$69K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5488−0.016%$259K—150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0007% / S +0.0103%1h1.5486−0.026%$853K—200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0008%1h1.54900.000%$9.6M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5486−0.023%$15.5M$68.8M50xas long as short
Orderly PERP_XRP_USDC+0.0057%8h1.5489−0.006%$76K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+0.452%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5487−0.019%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5491+0.006%$441K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5494+0.026%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5498+0.048%$39.4M$80.5M100xas long as short
Pacifica XRP+0.0100%1h1.5490+0.001%$637K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5490+0.002%$554.0M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5488−0.013%$346.9M$918.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5489−0.006%$126.9M$885.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5473−0.110%$578K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5497+0.045%$116K$754K20xas long as short
Bulk XRP-USD+0.0100%1h1.5506+0.103%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5491+0.006%$373.3M$144.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5489−0.006%$296.5M$873.7M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5498+0.050%$112.9M$163.7M75x
Bitget XRPUSDT+0.0100%8h1.5486−0.026%$270.2M$372.1M125xas long as short
BingX XRP-USDClong+0.0100%8h1.5490long leg—$3.7M—
Variational Omni XRP+0.0100%8h1.5522+0.204%$11.6M$30.5M—as long as short
edgeX XRPUSDC+0.0100%4h1.5529+0.250%$674K$103.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5516+0.170%$1.1M$40.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5524+0.219%$1.0M$899K50xas long as short
Vest XRP-PERP+0.0100%1h1.5491+0.006%—$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5504+0.090%$47K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5491+0.006%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5489−0.007%$834K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5496+0.042%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5486−0.026%$33K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5490−0.001%$50.8M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5482−0.052%$55.1M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5494+0.029%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5500+0.065%$12K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5483−0.046%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5485−0.033%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5502+0.077%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5487−0.021%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5488−0.013%$24.5M$74.3M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5495+0.032%$5.9M$47.4M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5494+0.023%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5508+0.116%$2.0M$34.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0323%1h1.5492+0.013%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0599%1h1.5510+0.129%$294.8M$209.6M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5509+0.121%$504K$633K10xas long as short
Aftermath Perps XRPUSD+0.0789%1h1.5540+0.320%$1K$11K10xas long as short