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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%
Price spread now: 01 Exchange against Derive+0.174%7-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 +$1 a day on $10k at the current rate, and 01 Exchange is 0.174% dearer against Derive than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XRP-PERP1.51690.0100pay 0.0013% / 1h33m 46s$817K$67K10x
Short01 Exchange XRPUSD1.51950.0120get 0.0015% / 1h33m 46s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Derive. 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
$4.2
Price spread: +0.174% → 0.000%
$17.4
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$8.6
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Derive: 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 Derive no order-book sample
Sell 01 Exchange no order-book sample
Derive 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
GMX XRP/USD [ETH-USDC]L −0.0207% / S +0.0293%1h1.5174+0.039%$1.6M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5199+0.200%$7K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.0013%1h1.5178+0.060%$15.9M$59.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5171+0.014%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.009%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5176+0.049%$9.0M$22.8M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5175+0.043%$256K150xas long as short
Orderly PERP_XRP_USDC+0.0044%8h1.5164−0.030%$180K$781K50xas long as short
Injective XRP/USDC PERP+0.0050%1h1.5090−0.518%$2K$51K30xas long as short
Vest XRP-PERP+0.0070%1h1.5183+0.097%$9K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5173+0.032%$2.9M$10.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5177+0.055%$571K$2.4M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5189+0.134%$12K$245K20xas long as short
Nado XRP-PERP+0.0100%1h1.5190+0.144%$1.1M$5.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5169+0.003%$38.5M$69.8M100xas long as short
Pacifica XRP+0.0100%1h1.5175+0.041%$670K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5172+0.022%$538.8M$1.78B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5177+0.055%$343.9M$795.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5176+0.049%$124.1M$806.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5182+0.088%$564K$45K5xas long as short
Arcus XRP-USD+0.0100%1h1.5185+0.108%$112K$621K20xas long as short
Gate XRP_USDT+0.0100%8h1.5170+0.009%$354.2M$126.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5174+0.036%$308.9M$769.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5176+0.047%$110.6M$139.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5181+0.082%$263.3M$327.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5176+0.049%$3.6Mas long as short
Variational Omni XRP+0.0100%8h1.5188+0.126%$7.4M$22.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5167−0.013%$659K$91.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5169+0.002%$1.1M$41.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5157−0.077%$1.0M$755K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5186+0.115%$49K$460K20xas long as short
Bullet XRP-USD+0.0100%1h1.5174+0.035%$42K$61K20xas long as short
Derive XRP-PERPlong+0.0100%1h1.5169long leg$817K$67K10x
SunX XRP-USDT+0.0100%8h1.5172+0.020%$127K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5174+0.036%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5161−0.048%$50.0M$13.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5169+0.003%$54.4M$27.1M50xas long as short
Bulk XRP-USD+0.0100%1h1.5117−0.337%$1.6M$83K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5177+0.056%$473K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5174+0.037%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5171+0.016%$73K$37K3xas long as short
01 Exchange XRPUSDshort+0.0120%1h1.5195+0.174%$8K$8K10x
Coinbase International XRP-PERP-INTX+0.0184%1h1.5180+0.075%$5.3M$40.9M50xas long as short
Backpack XRP_USDC_PERP+0.0186%1h1.5178+0.062%$1.7M$891K25xas long as short
Reya XRPRUSDPERP+0.0210%1h1.5175+0.044%$1.3M$10K15xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5181+0.082%$1.7M$31.7M2.9xas long as short
BloFin XRP-USDT+0.0220%8h1.5194+0.167%$23.5M$61.5M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5205+0.241%$20K$38K7xas long as short
RISEx XRP/USDC+0.0330%1h1.5191+0.148%$401K$502K10xas long as short
Hyperliquid XRP+0.0422%1h1.5195+0.174%$282.8M$164.9M20xas long as short
Aftermath Perps XRPUSD+0.0438%1h1.5177+0.055%$1K$10K10xas long as short