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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h +0.012%
Price spread now: 01 Exchange against Extended+0.285%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.285% dearer against Extended than usual: you sell high and buy low (spread +0.285% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51910.0104pay 0.0013% / 1h0m 47s$2.1M$7.1M50x
Short01 Exchange XRPUSD1.52340.0072get 0.0009% / 1h0m 47s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$6.72
Price spread: +0.285% → 0.000%
$28.49
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$9.77
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 min ago; 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 Extended live order book, 3 min ago0.33 bp2.8 bp −$34.8 bp −$48doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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
Hotstuff XRP-PERP−0.0080%1h1.5246+0.364%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5193+0.018%$1.1M$116K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5215+0.160%$255K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5216+0.166%$9.2M$24.6M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0070%1h1.5213+0.145%$834K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.431%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0065%8h1.5217+0.173%$57K$935K50xas long as short
01 Exchange XRPUSDshort+0.0072%1h1.5234+0.285%$8K$8K10x
Lighter XRP+0.0096%1h1.5210+0.129%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5199+0.054%$508K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5227+0.239%$9K$282K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5195+0.030%$474K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5221+0.200%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5194+0.022%$38.4M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5198+0.048%$625K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5198+0.047%$535.9M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5199+0.054%$338.8M$922.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5197+0.041%$122.5M$863.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5215+0.160%$567K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5240+0.324%$115K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+1.046%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5200+0.061%$366.8M$154.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5198+0.048%$297.9M$919.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5204+0.085%$110.0M$168.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5210+0.127%$266.6M$377.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5196+0.035%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5216+0.165%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5260+0.455%$663K$107.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5328+0.902%$1.1M$37.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5252+0.403%$1.2M$999K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5229+0.252%$45K$448K20xas long as short
Bullet XRP-USD+0.0100%1h1.5218+0.181%$41K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5219+0.185%$819K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5221+0.202%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5215+0.160%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5210+0.126%$49.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5214+0.153%$54.0M$29.5M50xas long as short
Vest XRP-PERP+0.0100%1h1.5230+0.257%$9K10xas long as short
Extended XRP-USDlong+0.0104%1h1.5191long leg$2.1M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5213+0.148%$58K$25K3xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5216+0.168%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5210+0.127%$24.1M$73.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5220+0.193%$5.7M$46.3M50xas long as short
Kraken Futures PF_XRPUSD+0.0246%1h1.5213+0.146%$14.3M$70.4M50xas long as short
Backpack XRP_USDC_PERP+0.0303%1h1.5218+0.180%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0304%1h1.5252+0.401%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0322%8h1.5236+0.298%$2.0M$34.8M2.9xas long as short
Hyperliquid XRP+0.0355%1h1.5211+0.133%$283.7M$218.3M20xas long as short
Phoenix XRP+0.0520%1h1.5240+0.324%$68K$110K15xas long as short
RISEx XRP/USDC+0.0828%1h1.5236+0.299%$539K$777K10xas long as short
Aftermath Perps XRPUSD+0.0853%1h1.5298+0.706%$2K$13K10xas long as short