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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.009%
Price spread now: 01 Exchange against Bullet+0.044%50s7-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 3 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 $0 a day on $10k at the current rate, and 01 Exchange is 0.044% dearer against Bullet than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.51420.0100pay 0.0013% / 1h12m 38s$41K$68K20x
Short01 Exchange XRPUSD1.51490.0112get 0.0014% / 1h12m 38s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$2.52
Price spread: +0.044% → 0.000%
$4.36
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$8.12
Costs to cover
0.150%
Break-even
29.5 days
Slippage unknown: Bullet: no order-book sample; 01 Exchange: 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 Bullet no order-book sample
Sell 01 Exchange no order-book sample
Bullet and 01 Exchange: 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%1h1.5141−0.009%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5145+0.016%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5136−0.043%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.050%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5142−0.003%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5152+0.063%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.758%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0045% / S +0.0022%1h1.5142−0.005%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0089%8h1.5150+0.050%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5139−0.020%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5142−0.003%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5141−0.009%$11K$329K20xas long as short
Nado XRP-PERP+0.0100%1h1.5135−0.046%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5150+0.050%$280.3M$227.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5140−0.016%$38.3M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5141−0.011%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143+0.003%$534.1M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5143+0.004%$346.7M$935.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5145+0.017%$126.2M$874.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5142−0.003%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5148+0.037%$110K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5130−0.079%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5142−0.003%$369.1M$154.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5140−0.016%$293.4M$902.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5139−0.019%$107.8M$174.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5143+0.004%$268.0M$384.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5144+0.011%$127.1Mas long as short
Variational Omni XRP+0.0100%8h1.5137−0.037%$5.2M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141−0.008%$658K$108.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5137−0.038%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5155+0.083%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5144+0.012%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5146+0.024%$44K$454K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5142long leg$41K$68K20x
Derive XRP-PERP+0.0100%1h1.5151+0.055%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5153+0.072%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148+0.037%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5146+0.024%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5147+0.030%$54.0M$30.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5141−0.009%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.51420.000%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5147+0.034%$58K$25K3xas long as short
01 Exchange XRPUSDshort+0.0112%1h1.5149+0.044%$8K$8K10x
Backpack XRP_USDC_PERP+0.0184%1h1.5151+0.057%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5154+0.077%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5128−0.095%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5144+0.012%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5142−0.003%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5152+0.063%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5150+0.053%$516K$773K10xas long as short
Aftermath Perps XRPUSD+0.0678%1h1.5148+0.039%$2K$15K10xas long as short