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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Extended+0.060%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$170.173% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.060%, 7d avg +0.044%
Together, before fees−0.077%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51750.0104pay 0.0013% / 1h8m 25s$2.0M$6.8M50x
ShortPacifica XRP1.51850.0100get 0.0013% / 1h8m 25s$610K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$0.84
Price spread: +0.060% → +0.044%
$1.6
Slippage, 4 orders
−$4.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$16.53
Costs to cover
0.173%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; Pacifica: live order book, just now.

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, 6 min ago0.33 bp3.4 bp −$35.7 bp −$57doesn't fitdoesn't fit
Sell Pacifica live order book, just now0.66 bp5.8 bp −$69.0 bp −$90doesn't fitdoesn't fit

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%1h1.5179+0.023%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5184+0.056%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5192+0.109%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5181+0.036%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0031% / S +0.0037%1h1.5179+0.021%$833K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.534%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5178+0.017%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5183+0.050%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5190+0.095%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5188+0.083%$512K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5174−0.010%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.51750.000%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5189+0.089%$282.3M$223.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5177+0.010%$38.3M$83.6M100xas long as short
Pacifica XRPshort+0.0100%1h1.5185+0.060%$610K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5184+0.056%$536.1M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5184+0.056%$346.3M$930.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5183+0.050%$125.8M$872.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5180+0.030%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5184+0.056%$114K$711K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.313%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5175−0.003%$368.7M$154.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5179+0.023%$298.7M$904.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5175−0.004%$108.7M$171.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5173−0.016%$269.3M$381.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5184+0.056%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5200+0.159%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202+0.173%$660K$107.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5227+0.340%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5221+0.300%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5181+0.034%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5180+0.030%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5181+0.036%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5189+0.091%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5193+0.115%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189+0.089%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5189+0.087%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5188+0.083%$54.0M$30.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5190+0.097%$474K$55K50xas long as short
Extended XRP-USDlong+0.0104%1h1.5175long leg$2.0M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5180+0.033%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0186%1h1.5193+0.115%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5207+0.205%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5176+0.003%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5195+0.129%$5.6M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5191+0.102%$24.3M$75.5M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5187+0.078%$14.4M$73.3M50xas long as short
Kalshi KXXRPPERP+0.0344%8h1.5194+0.122%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5182+0.046%$517K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.293%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0659%1h1.5205+0.197%$2K$14K10xas long as short