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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.031%
Price spread now: dYdX against Extended+0.146%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$550.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.223%−$22 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.146%, 7d avg +0.029%
Together, before fees−0.326%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.117% dearer against Extended than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of +0.029%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51300.0104pay 0.0013% / 1h18m 28s$2.0M$6.9M50x
ShortdYdX XRP-USD1.51520get 0.0000% / 1h18m 28s$1.1M$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21.84
Price spread: +0.146% → +0.029%
$11.67
Slippage, 4 orders
−$39.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$65.07
Costs to cover
0.549%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; dYdX: live order book, 1 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, 5 min ago0.33 bp2.8 bp −$35.3 bp −$53doesn't fitdoesn't fit
Sell dYdX live order book, 1 min ago18.17 bp23.7 bp −$2426.2 bp −$26242.6 bp −$4,26484.3 bp −$42.1K

XRP on 50 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%1h1.5146+0.109%$5K$3K20xas long as short
dYdX XRP-USDshort0.0000%1h1.5152+0.146%$1.1M$110K10x
Phoenix XRP0.0000%1h1.5170+0.268%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5134+0.033%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0021% / S +0.0057%1h1.5131+0.009%$800K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.845%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5143+0.091%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5143+0.089%$62K$953K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5149+0.129%$7.6M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5158+0.187%$2.8M$14.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5157+0.182%$511K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5124−0.037%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5137+0.053%$934K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5153+0.157%$38.5M$84.2M100xas long as short
Pacifica XRP+0.0100%1h1.5156+0.174%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5132+0.016%$536.7M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5135+0.036%$340.7M$940.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5136+0.043%$124.3M$871.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5130+0.003%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5139+0.063%$114K$701K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.396%$1.6M$330K20xas long as short
Gate XRP_USDT+0.0100%8h1.5153+0.155%$368.6M$152.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5150+0.135%$290.2M$915.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5155+0.170%$107.1M$171.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5135+0.036%$266.6M$384.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5136+0.043%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5151+0.140%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5154+0.160%$658K$109.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5186+0.373%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5155+0.168%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5141+0.073%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5136+0.043%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5136+0.044%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5145+0.105%$815K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5151+0.143%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5147+0.115%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5139+0.061%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5144+0.096%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5156+0.176%$473K$55K50xas long as short
Extended XRP-USDlong+0.0104%1h1.5130long leg$2.0M$6.9M50x
Aevo XRP-PERP+0.0104%1h1.5144+0.095%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5131+0.010%$8K$8K10xas long as short
Hyperliquid XRP+0.0194%1h1.5162+0.215%$280.6M$222.0M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5133+0.020%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5149+0.129%$5.7M$46.7M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5154+0.161%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0342%1h1.5156+0.175%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0361%8h1.5140+0.069%$2.1M$35.7M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5134+0.027%$529K$787K10xas long as short
Aftermath Perps XRPUSD+0.0749%1h1.5156+0.174%$2K$14K10xas long as short