Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate+0.017%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$310.311% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 7 days−0.015%−$1 · spread now +0.017%, 7d avg +0.001%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XRP_USDT	1.5154	0.0100	pay 0.0100% / 8h	6h 46m	$368.1M	$149.6M	100x
Short	Binance XRPUSDT	1.5157	0.0100	get 0.0100% / 8h	6h 46m	$535.8M	$2.10B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → +0.001%: $1.62
Slippage, 4 orders: −$6.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$29.44
Costs to cover: 0.311%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Binance: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	0.33 bp	9.2 bp −$9	10.9 bp −$109	25.0 bp −$2,501	37.2 bp −$18.6K
Sell Binance live order book, 13 min ago	0.33 bp	5.3 bp −$5	8.2 bp −$82	15.0 bp −$1,498	28.2 bp −$14.1K

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5179	+0.165%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5163	+0.057%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5190	+0.238%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5151	−0.018%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0022% / S +0.0065%	1h	1.5151	−0.023%	$831K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.679%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5151	−0.020%	$14.7M	$72.3M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0068%	8h	1.5157	+0.020%	$57K	$945K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5159	+0.033%	$9.0M	$25.0M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5163	+0.062%	$2.8M	$14.0M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5173	+0.125%	$519K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5160	+0.040%	$11K	$305K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5159	+0.036%	$864K	$5.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5158	+0.026%	$38.4M	$84.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5161	+0.046%	$611K	$1.1M	20x	as long as short
Binance XRPUSDTshort	+0.0100%	8h	1.5157	+0.017%	$535.8M	$2.10B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5155	+0.007%	$337.0M	$937.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5160	+0.040%	$123.1M	$870.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5172	+0.119%	$564K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5162	+0.053%	$115K	$722K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.190%	$1.6M	$305K	20x	as long as short
Gate XRP_USDTlong	+0.0100%	8h	1.5154	long leg	$368.1M	$149.6M	100x
MEXC XRP_USDT	+0.0100%	8h	1.5158	+0.026%	$291.7M	$898.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5159	+0.036%	$108.3M	$171.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5158	+0.026%	$264.8M	$383.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5153	−0.007%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	+0.008%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5188	+0.225%	$660K	$108.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5207	+0.350%	$1.1M	$38.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5193	+0.257%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5163	+0.059%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5157	+0.020%	$45K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5156	+0.016%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5160	+0.042%	$816K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5165	+0.072%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5155	+0.007%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5169	+0.100%	$49.7M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5171	+0.112%	$53.8M	$29.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5169	+0.097%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5156	+0.011%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5156	+0.012%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0128%	1h	1.5164	+0.066%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0181%	1h	1.5167	+0.086%	$280.6M	$223.1M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5152	−0.011%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5158	+0.026%	$5.7M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.257%	$24.0M	$75.2M	125x	as long as short
Kalshi KXXRPPERP	+0.0332%	8h	1.5180	+0.172%	$2.1M	$36.0M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0336%	1h	1.5178	+0.162%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0380%	1h	1.5177	+0.152%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5166	+0.080%	$537K	$782K	10x	as long as short
Aftermath Perps XRPUSD	+0.0810%	1h	1.5178	+0.158%	$2K	$14K	10x	as long as short