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

XRP

all XRP markets
SwapBacktest
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: Bybit against Gate0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days+0.008%+$1 · spread now 0.000%, 7d avg −0.003%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.51380.0100pay 0.0100% / 8h6h 02m$368.2M$153.8M100x
ShortBybit XRPUSDT1.51380.0100get 0.0100% / 8h6h 02m$341.6M$926.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: 0.000% → −0.003%
$0.28
Slippage, 4 orders
−$7.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$33.38
Costs to cover
0.337%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago0.33 bp11.3 bp −$1114.0 bp −$14028.8 bp −$2,88243.4 bp −$21.7K
Sell Bybit live order book, 2 min ago0.33 bp5.8 bp −$66.9 bp −$6912.9 bp −$1,29124.6 bp −$12.3K

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%1h1.5153+0.099%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5128−0.063%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.211%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5135−0.017%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0053%1h1.5135−0.022%$799K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.788%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5132−0.037%$14.5M$72.8M50xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5137−0.007%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5127−0.073%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5125−0.086%$508K$3.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5123−0.099%$10K$299K20xas long as short
Nado XRP-PERP+0.0100%1h1.5124−0.096%$974K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5130−0.050%$38.4M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5126−0.081%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5141+0.020%$536.6M$2.09B100xas long as short
Bybit XRPUSDTshort+0.0100%8h1.51380.000%$341.6M$926.2M100x
OKX XRP-USDT-SWAP+0.0100%8h1.5136−0.013%$124.6M$864.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5128−0.066%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5134−0.026%$115K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144+0.040%$1.6M$214K20xas long as short
Gate XRP_USDTlong+0.0100%8h1.5138long leg$368.2M$153.8M100x
MEXC XRP_USDT+0.0100%8h1.5144+0.040%$293.3M$919.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5134−0.026%$106.8M$170.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5136−0.013%$267.1M$380.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5140+0.013%$126.8Mas long as short
Variational Omni XRP+0.0100%8h1.5141+0.019%$6.3M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5131−0.045%$657K$109.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5161+0.151%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5137−0.007%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5139+0.010%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5140+0.013%$42K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5139+0.004%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5138−0.002%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5142+0.024%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5135−0.020%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5139+0.007%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5137−0.007%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5130−0.051%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5131−0.047%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5133−0.030%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5133−0.033%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5137−0.007%$7.7M$25.1M50xas long as short
Hyperliquid XRP+0.0158%1h1.5147+0.059%$280.3M$219.8M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5136−0.012%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5142+0.026%$5.7M$46.5M50xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5161+0.154%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0333%1h1.5137−0.007%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0359%8h1.5146+0.053%$2.1M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5135−0.019%$527K$787K10xas long as short
Aftermath Perps XRPUSD+0.0766%1h1.5149+0.074%$2K$14K10xas long as short