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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.027%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$240.241% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.027%, 7d avg −0.002%
Together, before fees−0.025%−$2 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: Binance is 0.025% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.50420.0100pay 0.0100% / 8h2h 34m$265.6M$396.5M125x
ShortBinance XRPUSDT1.50380.0100get 0.0100% / 8h2h 34m$527.2M$2.19B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.027% → −0.002%
−$2.5
Slippage, 4 orders
−$2.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$26.58
Costs to cover
0.241%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 10 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 Bitget live order book, 5 min ago0.33 bp6.9 bp −$78.8 bp −$8819.4 bp −$1,93633.8 bp −$16.9K
Sell Binance live order book, 10 min ago0.33 bp5.3 bp −$56.3 bp −$6310.9 bp −$1,09227.1 bp −$13.5K

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%1h1.5041−0.007%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5079+0.245%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5042−0.001%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.186%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5084+0.279%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5077+0.236%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.444%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5077+0.234%$789K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5045+0.020%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5043+0.004%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5045+0.020%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5033−0.060%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5044+0.017%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5054+0.080%$288.7M$258.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5041−0.007%$38.4M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5044+0.016%$603K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5038−0.027%$527.2M$2.19B100x
Bybit XRPUSDT+0.0100%8h1.5038−0.027%$341.6M$957.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5037−0.033%$124.3M$890.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.040%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5046+0.027%$136K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.099%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5043+0.007%$368.7M$157.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5043+0.007%$286.2M$911.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5044+0.016%$106.4M$180.3M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5042long leg$265.6M$396.5M125x
BingX XRP-USDC+0.0100%8h1.5041−0.007%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.167%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056+0.094%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.166%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062+0.133%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5045+0.022%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5082+0.266%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5077+0.229%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5080+0.253%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5078+0.241%$811K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5084+0.282%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5080+0.253%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5080+0.251%$49.3M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5075+0.219%$53.7M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5052+0.064%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5039−0.023%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5078+0.241%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0123%8h1.5083+0.273%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0176%1h1.5077+0.233%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5085+0.286%$5.6M$48.5M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5065+0.153%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5078+0.240%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.246%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5046+0.025%$513K$777K10xas long as short
Aftermath Perps XRPUSD+0.0599%1h1.5069+0.176%$2K$15K10xas long as short