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: KuCoin against BloFin+0.012%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.207%−$21 on $10k
Price spread, last 3 days (all we have)+0.065%+$7 · spread now +0.012%, 7d avg 0.000%
Together, before fees−0.142%−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.53540.0220pay 0.0220% / 8h7h 23m$24.1M$73.7M125x
ShortKuCoin XRPUSDTM1.53560.0100get 0.0100% / 8h7h 23m$108.9M$165.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.012% → 0.000%
$1.2
Slippage, 4 orders
−$7.67
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$55.67
Costs to cover
0.317%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 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 BloFin live order book, 6 min ago0.65 bp6.7 bp −$77.2 bp −$7210.5 bp −$1,05319.1 bp −$9,549
Sell KuCoin live order book, 6 min ago0.59 bp9.9 bp −$1012.8 bp −$128doesn'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%1h1.5357+0.020%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5358+0.028%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5354−0.001%$257K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5359+0.033%$9.3M$25.1M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0015% / S +0.0077%1h1.5354−0.003%$842K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.342%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0063%8h1.5355+0.007%$58K$935K50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5359+0.033%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5357+0.019%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5357+0.020%$516K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5362+0.052%$10K$279K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5367+0.083%$479K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5359+0.032%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5364+0.064%$38.8M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5360+0.039%$621K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5347−0.046%$541.8M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5352−0.013%$342.5M$919.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5351−0.020%$124.9M$868.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.247%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5364+0.065%$118K$711K20xas long as short
Bulk XRP-USD+0.0100%1h1.5334−0.128%$1.7M$381K20xas long as short
Gate XRP_USDT+0.0100%8h1.5353−0.007%$375.2M$150.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5352−0.013%$312.9M$906.4M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5356+0.012%$108.9M$165.7M75x
Bitget XRPUSDT+0.0100%8h1.5349−0.033%$268.7M$374.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5351−0.020%$123.4Mas long as short
Variational Omni XRP+0.0100%8h1.5352−0.013%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5361+0.048%$667K$107.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5372+0.117%$1.1M$38.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5350−0.026%$1.2M$996K50xas long as short
Vest XRP-PERP+0.0100%1h1.5361+0.046%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5367+0.085%$49K$442K20xas long as short
Bullet XRP-USD+0.0100%1h1.5363+0.061%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5358+0.027%$827K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5368+0.091%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5357+0.020%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5356+0.015%$50.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5355+0.007%$54.6M$29.6M50xas long as short
Extended XRP-USD+0.0104%1h1.5351−0.019%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5355+0.008%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5360+0.041%$1.4M$7K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5354long leg$24.1M$73.7M125x
Coinbase International XRP-PERP-INTX+0.0224%1h1.5363+0.059%$5.8M$46.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5357+0.021%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0296%1h1.5361+0.046%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5362+0.052%$2.0M$34.8M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5367+0.085%$17K$81K7xas long as short
Hyperliquid XRP+0.0387%1h1.5362+0.052%$289.9M$214.4M20xas long as short
Phoenix XRP+0.0520%1h1.5350−0.026%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0794%1h1.5352−0.012%$2K$12K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5367+0.086%$544K$773K10xas long as short