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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Gate+0.278%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 7 days−0.277%−$28 · spread now +0.278%, 7d avg +0.013%
Together, before fees−0.283%−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.265% dearer against Gate than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.51020.0100pay 0.0100% / 8h5h 59m$366.8M$153.9M100x
ShortBulk XRP-USD1.51440.0100get 0.0013% / 1h59m 56s$1.6M$214K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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

Funding earned
$0
Price spread: +0.278% → +0.013%
$26.52
Slippage, 4 orders
−$6.87
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$2.36
Costs to cover
0.289%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Bulk: live order book, 4 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 Gate live order book, 4 min ago0.33 bp11.3 bp −$1114.0 bp −$14028.8 bp −$2,88243.4 bp −$21.7K
Sell Bulk live order book, 4 min ago0.33 bp3.8 bp −$44.3 bp −$438.6 bp −$85921.4 bp −$10.7K

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%1h1.5113+0.073%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5109+0.044%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.252%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5103+0.009%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0052%1h1.5103+0.005%$798K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.033%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5104+0.016%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5110+0.053%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5110+0.053%$7.7M$25.1M50xas long as short
Lighter XRP+0.0096%1h1.5106+0.026%$2.8M$14.5M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5111+0.060%$508K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5107+0.033%$10K$299K20xas long as short
Aster XRPUSDT+0.0100%8h1.5107+0.033%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5113+0.073%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5107+0.036%$535.4M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5110+0.053%$340.9M$924.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5114+0.079%$124.4M$862.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5106+0.026%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5114+0.079%$114K$694K20xas long as short
Bulk XRP-USDshort+0.0100%1h1.5144+0.278%$1.6M$214K20x
Gate XRP_USDTlong+0.0100%8h1.5102long leg$366.8M$153.9M100x
MEXC XRP_USDT+0.0100%8h1.5104+0.013%$290.7M$920.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5102−0.001%$106.3M$170.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5108+0.040%$266.6M$379.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5101−0.007%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5125+0.151%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5146+0.293%$658K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5132+0.197%$1.1M$36.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5159+0.377%$1.2M$1.0M50xas long as short
Nado XRP-PERP+0.0100%1h1.5118+0.109%$966K$6.0M20xas long as short
Vest XRP-PERP+0.0100%1h1.5116+0.095%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5110+0.053%$42K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5108+0.042%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5110+0.056%$813K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5117+0.099%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5108+0.040%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5111+0.056%$49.5M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5109+0.046%$53.8M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5113+0.072%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5107+0.033%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5107+0.033%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0128%1h1.5111+0.060%$8K$8K10xas long as short
Hyperliquid XRP+0.0151%1h1.5114+0.079%$279.4M$220.0M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5103+0.007%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5111+0.060%$5.7M$46.3M50xas long as short
Backpack XRP_USDC_PERP+0.0323%1h1.5111+0.060%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5135+0.219%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0358%8h1.5116+0.093%$2.1M$35.1M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5115+0.084%$526K$787K10xas long as short
Aftermath Perps XRPUSD+0.0764%1h1.5132+0.198%$2K$14K10xas long as short