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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0212%/8h= +23.2% APRnext payment +$0.27 per $10,000 · paid last 24h +0.116%
Price spread now: RISEx against Extended−0.060%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$160.155% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.318%+$32 on $10k
Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.060%, 7d avg +0.079%
Together, before fees+0.509%+ Points / potential airdropExtended: Active · farm board+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.139% cheaper against Extended than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.079%). If the spread goes back, that is −$14 on $10k: about 2.2 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51360.0104pay 0.0013% / 1h50m 58s$2.1M$6.9M50x
ShortRISEx XRP/USDC1.51270.0316get 0.0040% / 1h50m 58s$522K$796K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$44.58
Price spread: −0.060% → +0.079%
−$13.85
Slippage, 4 orders
−$4.55
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$15.18
Costs to cover
0.155%
Break-even
4.6 days
Slippage from Extended: live order book, 3 min ago; RISEx: live order book, 58 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, 3 min ago0.33 bp3.1 bp −$34.5 bp −$45doesn't fitdoesn't fit
Sell RISEx live order book, 58 min ago1.82 bp4.8 bp −$58.7 bp −$87doesn'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%1h1.5125−0.076%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5122−0.092%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.023%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5132−0.028%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5134−0.019%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.798%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5126−0.069%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0078% / S −0.0025%1h1.5133−0.026%$797K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5136−0.003%$7.7M$25.1M50xas long as short
Lighter XRP+0.0096%1h1.5135−0.011%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5135−0.010%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5119−0.115%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5122−0.096%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5140+0.020%$38.4M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5124−0.081%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143+0.044%$528.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5141+0.030%$344.3M$967.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5142+0.037%$127.0M$890.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5129−0.049%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5127−0.062%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.050%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5138+0.010%$372.3M$158.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5136−0.003%$298.5M$917.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5133−0.023%$107.2M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5140+0.023%$266.6M$399.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5134−0.016%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5135−0.011%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141+0.032%$658K$114.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5155+0.123%$1.1M$36.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5146+0.063%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5132−0.031%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5136−0.003%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5134−0.017%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5131−0.036%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5132−0.033%$814K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5134−0.016%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5133−0.023%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5151+0.096%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5132−0.029%$54.0M$32.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5127−0.063%$472K$55K50xas long as short
Extended XRP-USDlong+0.0104%1h1.5136long leg$2.1M$6.9M50x
Aevo XRP-PERP+0.0104%1h1.5131−0.039%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0145%1h1.5147+0.070%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5125−0.078%$17K$82K7xas long as short
Hyperliquid XRP+0.0170%1h1.5153+0.109%$289.0M$264.1M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5137+0.004%$5.7M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5130−0.041%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5137+0.004%$23.5M$77.7M125xas long as short
Kalshi KXXRPPERP+0.0220%8h1.5132−0.029%$1.8M$35.4M2.9xas long as short
RISEx XRP/USDCshort+0.0316%1h1.5127−0.060%$522K$796K10x
Aftermath Perps XRPUSD+0.0562%1h1.5143+0.044%$2K$16K10xas long as short