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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin+0.138%71s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.220%−$22 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.138%, 7d avg −0.006%
Together, before fees−0.230%−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.145% dearer against BloFin than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of −0.006%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.0 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.52030.0220pay 0.0220% / 8h3h 48m$24.2M$75.9M125x
ShortBinance XRPUSDT1.52240.0100get 0.0100% / 8h3h 48m$535.3M$2.14B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$25.2
Price spread: +0.138% → −0.006%
$14.46
Slippage, 4 orders
−$2.87
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$35.61
Costs to cover
0.249%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Binance: live order book, 11 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 BloFin live order book, 6 min ago0.99 bp7.0 bp −$77.5 bp −$7510.8 bp −$1,07622.5 bp −$11.2K
Sell Binance live order book, 11 min ago0.33 bp5.3 bp −$55.6 bp −$5611.5 bp −$1,14525.8 bp −$12.9K

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%1h1.5228+0.164%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5230+0.176%$1.1M$111K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5209+0.041%$262K150xas long as short
Kraken Futures PF_XRPUSD+0.0021%1h1.5211+0.050%$14.4M$74.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.348%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0050% / S +0.0015%1h1.5207+0.029%$781K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5216+0.086%$7.8M$25.6M50xas long as short
Lighter XRP+0.0096%1h1.5218+0.098%$2.9M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5220+0.112%$499K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5216+0.086%$12K$343K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_XRP_USDC+0.0098%8h1.5215+0.079%$62K$934K50xas long as short
Nado XRP-PERP+0.0100%1h1.5220+0.115%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5214+0.075%$38.5M$84.5M100xas long as short
Pacifica XRP+0.0100%1h1.5227+0.160%$611K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5224+0.138%$535.3M$2.14B100x
Bybit XRPUSDT+0.0100%8h1.5224+0.138%$347.7M$941.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5225+0.145%$127.5M$888.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5232+0.191%$566K$29K5xas long as short
Arcus XRP-USD+0.0100%1h1.5226+0.151%$118K$707K20xas long as short
Bulk XRP-USD+0.0100%1h1.5181−0.145%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5219+0.105%$371.9M$153.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5219+0.105%$294.2M$898.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5220+0.112%$108.9M$176.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5221+0.118%$269.5M$388.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5218+0.099%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5243+0.262%$4.8M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5193−0.068%$660K$109.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5221+0.117%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5206+0.020%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5223+0.131%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5229+0.171%$44K$456K20xas long as short
Bullet XRP-USD+0.0100%1h1.5212+0.059%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5219+0.102%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5242+0.258%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5214+0.072%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5231+0.185%$49.8M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5216+0.086%$54.3M$31.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5232+0.193%$475K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5217+0.094%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5213+0.063%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0152%1h1.5223+0.132%$9K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5221+0.118%$5.6M$47.6M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5222+0.126%$1.3M$7K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5203long leg$24.2M$75.9M125x
Hibachi XRP/USDT-P+0.0248%1h1.5226+0.149%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0262%8h1.5228+0.164%$2.0M$35.1M2.9xas long as short
Hyperliquid XRP+0.0278%1h1.5235+0.210%$292.9M$234.5M20xas long as short
Backpack XRP_USDC_PERP+0.0323%1h1.5228+0.164%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0358%1h1.5226+0.151%$518K$773K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.112%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0645%1h1.5209+0.038%$2K$15K10xas long as short