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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Bulk−0.176%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.013%−$1 on $10k
Price spread, last 7 days+0.183%+$18 · spread now −0.176%, 7d avg −0.005%
Together, before fees+0.170%+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.171% cheaper against Bulk than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.51140.0100pay 0.0013% / 1h46m 04s$1.6M$29K20x
ShortKuCoin XRPUSDTM1.50870.0100get 0.0100% / 8h2h 46m$107.5M$179.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.176% → −0.005%
−$17.15
Slippage, 4 orders
−$7.44
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$43.58
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Bulk: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago0.66 bp4.7 bp −$56.2 bp −$6213.4 bp −$1,34230.2 bp −$15.1K
Sell KuCoin live order book, 8 min ago0.03 bp8.6 bp −$910.8 bp −$108doesn'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%1h1.5094−0.132%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5086−0.182%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5091−0.153%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5130+0.106%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5087−0.178%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5085−0.189%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.952%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5090−0.158%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5084−0.199%$791K200xas long as short
Lighter XRP+0.0096%1h1.5086−0.184%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5088−0.171%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5085−0.191%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5088−0.168%$937K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5097−0.112%$290.3M$258.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5081−0.216%$38.6M$86.4M100xas long as short
Pacifica XRP+0.0100%1h1.5096−0.119%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5081−0.215%$530.6M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5086−0.185%$341.4M$950.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5087−0.178%$125.3M$887.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5111−0.019%$562K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5093−0.138%$137K$716K20xas long as short
Bulk XRP-USDlong+0.0100%1h1.5114long leg$1.6M$29K20x
Gate XRP_USDT+0.0100%8h1.5084−0.198%$371.6M$155.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5083−0.205%$294.8M$905.2M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5087−0.176%$107.5M$179.6M75x
Bitget XRPUSDT+0.0100%8h1.5083−0.205%$267.6M$393.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5088−0.171%$105.2Mas long as short
Variational Omni XRP+0.0100%8h1.5084−0.199%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5105−0.057%$656K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.112%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124+0.067%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5090−0.158%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5089−0.165%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5086−0.188%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5083−0.205%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5083−0.205%$812K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5096−0.115%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5083−0.205%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5085−0.191%$49.3M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5087−0.178%$53.8M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5091−0.153%$470K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5080−0.228%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5082−0.211%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0139%8h1.5096−0.119%$1.8M$35.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0180%1h1.5095−0.125%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5093−0.138%$5.6M$48.3M50xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5083−0.203%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5097−0.112%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0232%1h1.5096−0.120%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5092−0.145%$515K$777K10xas long as short
Aftermath Perps XRPUSD+0.0622%1h1.5111−0.017%$2K$15K10xas long as short