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+0.0294%/8h= +32.2% APRnext payment +$0.37 per $10,000 · paid last 24h +0.116%
Price spread now: RISEx against Bullet+0.218%48s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.218% dearer against Bullet than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.51370.0100pay 0.0013% / 1h34m 38s$41K$69K20x
ShortRISEx XRP/USDC1.51700.0394get 0.0049% / 1h34m 38s$521K$807K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Bullet. 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
$61.81
Price spread: +0.218% → 0.000%
$21.76
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$69.57
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Bullet: no order-book sample; RISEx: live order book, 4 min ago. 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 Bullet no order-book sample
Sell RISEx live order book, 4 min ago2.90 bp5.9 bp −$610.6 bp −$106doesn't fitdoesn't fit
Bullet: 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%1h1.5138+0.007%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5131−0.040%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5137−0.001%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5147+0.066%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.794%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5146+0.059%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5134−0.018%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5138+0.007%$602K$3.2M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5171+0.225%$8K$2K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5159+0.145%$20K$380K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5145+0.050%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5167+0.198%$38.4M$86.8M100xas long as short
Pacifica XRP+0.0100%1h1.5136−0.004%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5165+0.183%$530.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5164+0.178%$349.5M$956.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5166+0.192%$128.0M$869.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.277%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5170+0.218%$143K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.350%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5139+0.013%$377.0M$161.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5133−0.026%$307.9M$923.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5131−0.038%$106.0M$184.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5126−0.073%$267.3M$390.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5130−0.046%$107.7Mas long as short
Variational Omni XRP+0.0100%8h1.5150+0.083%$4.9M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5179+0.277%$659K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5210+0.482%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181+0.291%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5148+0.074%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5140+0.020%$51K$511K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5137long leg$41K$69K20x
Orderly PERP_XRP_USDC+0.0100%8h1.5138+0.007%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5140+0.020%$814K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5138+0.004%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5142+0.033%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5144+0.044%$49.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5146+0.059%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5135−0.014%$472K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0102% / S −0.0062%1h1.5137+0.002%$781K200xas long as short
Extended XRP-USD+0.0104%1h1.5157+0.134%$2.1M$6.9M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5169+0.211%$17K$78K7xas long as short
Aevo XRP-PERP+0.0104%1h1.51370.000%$58K$25K3xas long as short
Hyperliquid XRP+0.0121%1h1.5144+0.046%$288.8M$267.8M20xas long as short
Backpack XRP_USDC_PERP+0.0143%1h1.5153+0.106%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5147+0.066%$5.6M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0190%8h1.5145+0.053%$1.8M$34.4M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5136−0.008%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5143+0.040%$23.6M$77.6M125xas long as short
RISEx XRP/USDCshort+0.0394%1h1.5170+0.218%$521K$807K10x
Phoenix XRP+0.0526%1h1.5230+0.614%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0646%1h1.5198+0.403%$2K$16K10xas long as short