Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

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: KuCoin against Bitget+0.023%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.023%, 7d avg +0.004%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XRPUSDT	1.5311	0.0100	pay 0.0100% / 8h	7h 50m	$268.4M	$376.5M	125x
Short	KuCoin XRPUSDTM	1.5314	0.0100	get 0.0100% / 8h	7h 50m	$108.6M	$167.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now +0.023%Rate

Funding earned: $0
Price spread: +0.023% → +0.004%: $1.88
Slippage, 4 orders: −$9.02
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$31.15
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	0.32 bp	6.3 bp −$6	9.9 bp −$99	18.7 bp −$1,872	26.8 bp −$13.4K
Sell KuCoin live order book, 9 min ago	1.01 bp	12.5 bp −$13	14.8 bp −$148	36.4 bp −$3,640	doesn't fit

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5317	+0.039%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5316	+0.032%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5312	+0.006%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0009% / S +0.0086%	1h	1.5310	−0.008%	$840K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.626%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0061%	8h	1.5306	−0.033%	$75K	$910K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5310	−0.007%	$9.3M	$25.5M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5311	−0.002%	$2.9M	$13.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5318	+0.046%	$511K	$3.2M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5328	+0.111%	$8K	$8K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5327	+0.105%	$11K	$276K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5317	+0.041%	$478K	$54K	50x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5312	+0.007%	$38.7M	$83.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5322	+0.074%	$633K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5314	+0.020%	$538.5M	$2.07B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5311	0.000%	$339.8M	$929.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5311	0.000%	$125.0M	$880.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5320	+0.059%	$572K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5325	+0.091%	$116K	$709K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5337	+0.170%	$1.7M	$565K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5312	+0.007%	$373.5M	$148.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5311	0.000%	$296.4M	$894.2M	300x	as long as short
KuCoin XRPUSDTMshort	+0.0100%	8h	1.5314	+0.023%	$108.6M	$167.3M	75x
Bitget XRPUSDTlong	+0.0100%	8h	1.5311	long leg	$268.4M	$376.5M	125x
BingX XRP-USDT	+0.0100%	8h	1.5313	+0.013%	—	$123.5M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5329	+0.118%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5392	+0.527%	$668K	$106.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5387	+0.496%	$1.1M	$39.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5397	+0.562%	$1.0M	$906K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5324	+0.082%	$1.0M	$5.6M	20x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5323	+0.077%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5322	+0.072%	$48K	$458K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5313	+0.013%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5306	−0.031%	$824K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5317	+0.040%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5311	0.000%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5302	−0.059%	$50.2M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5314	+0.020%	$54.5M	$29.8M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5301	−0.063%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5305	−0.037%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5311	+0.002%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5330	+0.124%	$23.9M	$74.5M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5317	+0.039%	$5.8M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0244%	1h	1.5319	+0.052%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5308	−0.019%	$14.5M	$70.6M	50x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5393	+0.533%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0317%	8h	1.5328	+0.111%	$2.0M	$35.3M	2.9x	as long as short
Hyperliquid XRP	+0.0436%	1h	1.5326	+0.098%	$290.6M	$215.7M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5400	+0.581%	$69K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0797%	1h	1.5357	+0.298%	$1K	$11K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5328	+0.113%	$506K	$755K	10x	as long as short