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 −0.045%
Price spread now: Orderly against BloFin0.000%7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.223%−$22 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now 0.000%, 7d avg −0.015%
Together, before fees−0.216%−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, 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-USDT1.51590.0220pay 0.0220% / 8h2h 05m$23.2M$77.6M125x
ShortOrderly PERP_XRP_USDC1.51590.0100get 0.0100% / 8h2h 05m$62K$932K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: 0.000% → −0.015%
$1.53
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$41.67
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

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, 4 min ago1.32 bp7.3 bp −$77.7 bp −$7712.0 bp −$1,19820.7 bp −$10.4K
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5172+0.086%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5160+0.003%$14.4M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5168+0.061%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5180+0.139%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160+0.006%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.645%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0074% / S −0.0019%1h1.5160+0.009%$799K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.51590.000%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5164+0.033%$7.7M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5164+0.033%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5165+0.040%$548K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5155−0.026%$11K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5164+0.036%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5164+0.033%$38.5M$87.4M100xas long as short
Pacifica XRP+0.0100%1h1.5167+0.052%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5161+0.013%$527.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5158−0.007%$344.6M$965.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5158−0.007%$126.4M$890.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.51590.000%$564K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5166+0.046%$143K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5132−0.179%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.51590.000%$374.6M$161.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5156−0.020%$298.3M$929.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5158−0.005%$107.1M$181.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5157−0.013%$266.5M$399.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5160+0.007%$106.1Mas long as short
Variational Omni XRP+0.0100%8h1.5166+0.045%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5167+0.052%$659K$114.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5163+0.026%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5174+0.099%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5164+0.030%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.026%$51K$488K20xas long as short
Bullet XRP-USD+0.0100%1h1.5161+0.016%$41K$70K20xas long as short
Orderly PERP_XRP_USDCshort+0.0100%8h1.51590.000%$62K$932K50x
Derive XRP-PERP+0.0100%1h1.5161+0.014%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5163+0.026%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.51590.000%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5162+0.022%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.51590.000%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5167+0.054%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5153−0.038%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5158−0.003%$58K$25K3xas long as short
Hyperliquid XRP+0.0144%1h1.5170+0.073%$289.5M$264.2M20xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5172+0.085%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5168+0.059%$5.7M$48.6M50xas long as short
Backpack XRP_USDC_PERP+0.0208%1h1.5182+0.152%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0218%8h1.5170+0.073%$1.7M$35.5M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5153−0.038%$1.3M$5K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5159long leg$23.2M$77.6M125x
RISEx XRP/USDC+0.0305%1h1.5164+0.030%$518K$790K10xas long as short
Aftermath Perps XRPUSD+0.0581%1h1.5151−0.054%$2K$16K10xas long as short