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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%
Price spread now: BloFin against Extended+0.021%94s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.021%, 7d avg +0.033%
Together, before fees+0.012%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.52850.0104pay 0.0013% / 1h45m 30s$2.2M$5.8M50x
ShortBloFin XRP-USDT1.52880.0220get 0.0220% / 8h4h 45m$23.8M$77.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$24.36
Price spread: +0.021% → +0.033%
−$1.21
Slippage, 4 orders
−$6.72
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$0.57
Costs to cover
0.237%
Break-even
7.2 days
Slippage from Extended: live order book, 2 min ago; BloFin: live order book, 7 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 Extended live order book, 2 min ago2.29 bp4.8 bp −$55.1 bp −$51doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago0.65 bp6.7 bp −$78.3 bp −$8310.8 bp −$1,08020.5 bp −$10.3K

XRP on 51 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%1h1.5360+0.492%$5K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.0077%1h1.5282−0.019%$13.7M$68.5M50xas long as short
dYdX XRP-USD0.0000%1h1.5295+0.067%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5290+0.034%$68K$102K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5274−0.071%$7.6M$19.9M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5267−0.117%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.800%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5299+0.093%$9K$98710xas long as short
Hibachi XRP/USDT-P+0.0080%1h1.5294+0.062%$17K$68K7xas long as short
Lighter XRP+0.0096%1h1.5291+0.040%$2.7M$13.5M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5292+0.047%$573K$3.1M20xas long as short
Coinbase International XRP-PERP-INTX+0.0096%1h1.5285+0.001%$5.5M$41.6M50xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5292+0.046%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5286+0.008%$10K$412K20xas long as short
Nado XRP-PERP+0.0100%1h1.5295+0.070%$849K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5302+0.112%$297.4M$261.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5294+0.060%$39.0M$79.5M100xas long as short
Pacifica XRP+0.0100%1h1.5295+0.063%$590K$978K20xas long as short
Binance XRPUSDT+0.0100%8h1.5295+0.067%$532.2M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5298+0.086%$361.4M$854.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5296+0.073%$123.7M$817.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5259−0.169%$561K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5293+0.053%$161K$692K20xas long as short
Bulk XRP-USD+0.0100%1h1.5312+0.175%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5293+0.053%$375.8M$156.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5292+0.047%$316.9M$879.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5292+0.044%$104.0M$180.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5295+0.067%$269.7M$347.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5291+0.040%$94.9Mas long as short
Variational Omni XRP+0.0100%8h1.5263−0.145%$4.9M$37.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5240−0.291%$662K$105.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5289+0.027%$1.1M$32.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5262−0.149%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5295+0.068%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5299+0.093%$50K$471K20xas long as short
Bullet XRP-USD+0.0100%1h1.5276−0.058%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5268−0.110%$83K$602K50xas long as short
Derive XRP-PERP+0.0100%1h1.5270−0.100%$821K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5278−0.043%$128K$1.4M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5279−0.038%$30K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5265−0.133%$49.7M$13.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5282−0.019%$54.6M$33.2M50xas long as short
Extended XRP-USDlong+0.0104%1h1.5285long leg$2.2M$5.8M50x
Aevo XRP-PERP+0.0104%1h1.5263−0.146%$59K$25K3xas long as short
Kalshi KXXRPPERP+0.0109%8h1.5288+0.021%$1.9M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0157%1h1.5301+0.106%$2.0M$1.2M25xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5288+0.021%$23.8M$77.3M125x
Reya XRPRUSDPERP+0.0224%1h1.5290+0.032%$1.4M$1K15xas long as short
GMX XRP/USD [ETH-USDC]L +0.0261% / S −0.0522%1h1.5275−0.061%$880K200xas long as short
RISEx XRP/USDC+0.0300%1h1.5297+0.082%$506K$723K10xas long as short
Aftermath Perps XRPUSD+0.0391%1h1.5284−0.006%$3K$13K10xas long as short