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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Bulk−0.052%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$200.200% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.052% cheaper against Bulk than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.53790.0100pay 0.0013% / 1h55m 40s$1.6M$25K20x
ShortBingX XRP-USDT1.53710.0100get 0.0100% / 8h5h 55m$103.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bulk. 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: −0.052% → 0.000%
−$5.2
Slippage, 4 orders
−$3.01
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
−$25.21
Costs to cover
0.200%
Break-even
never at this rate
Slippage from Bulk: live order book, 1 min ago; BingX: live order book, 12 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 Bulk live order book, 1 min ago0.32 bp4.2 bp −$45.5 bp −$5514.7 bp −$1,47133.4 bp −$16.7K
Sell BingX live order book, 12 min ago0.97 bp6.0 bp −$66.0 bp −$607.3 bp −$72714.7 bp −$7,363

XRP on 50 exchanges

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%1h1.5403+0.156%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5369−0.064%$14.1M$71.6M50xas long as short
dYdX XRP-USD0.0000%1h1.5385+0.039%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5371−0.052%$7.9M$21.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5383+0.024%$246K150xas long as short
01 Exchange XRPUSD+0.0016%1h1.5367−0.078%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.177%$2K$107K30xas long as short
SoDEX XRP-USD+0.0051%1h1.5365−0.091%$30K$1.5M10xas long as short
Ondo Perps XRP-USD.P+0.0079%1h1.5389+0.065%$565K$37K5xas long as short
Lighter XRP+0.0096%1h1.5371−0.051%$2.8M$14.0M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5376−0.020%$601K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5374−0.030%$479K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5365−0.091%$9K$400K20xas long as short
Nado XRP-PERP+0.0100%1h1.5375−0.023%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5381+0.013%$299.8M$267.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5373−0.039%$39.3M$81.7M100xas long as short
Pacifica XRP+0.0100%1h1.5374−0.033%$594K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5370−0.059%$536.0M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5372−0.046%$364.5M$890.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5370−0.059%$124.9M$839.9M100xas long as short
Arcus XRP-USD+0.0100%1h1.5376−0.020%$165K$684K20xas long as short
Bulk XRP-USDlong+0.0100%1h1.5379long leg$1.6M$25K20x
Gate XRP_USDT+0.0100%8h1.5372−0.046%$383.5M$155.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5370−0.059%$310.2M$885.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5370−0.059%$106.8M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5371−0.052%$272.7M$357.8M125xas long as short
BingX XRP-USDTshort+0.0100%8h1.5371−0.052%$103.5M
Variational Omni XRP+0.0100%8h1.5375−0.029%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5375−0.025%$668K$109.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5411+0.208%$1.1M$31.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5406+0.176%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5377−0.016%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5372−0.046%$53K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5368−0.071%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5368−0.072%$84K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5370−0.058%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5378−0.004%$50.1M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5372−0.046%$54.8M$33.3M50xas long as short
Backpack XRP_USDC_PERP+0.0101%1h1.5375−0.026%$2.0M$1.2M25xas long as short
Extended XRP-USD+0.0104%1h1.5365−0.088%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5364−0.101%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5372−0.046%$5.5M$44.7M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5387+0.055%$17K$76K7xas long as short
Kalshi KXXRPPERP+0.0141%8h1.5384+0.033%$1.9M$34.9M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0171% / S −0.0376%1h1.5367−0.075%$609K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5380+0.007%$23.9M$78.8M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5363−0.104%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5384+0.031%$514K$739K10xas long as short
Aftermath Perps XRPUSD+0.0435%1h1.5397+0.114%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5390+0.072%$69K$108K15xas long as short