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−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.070%
Price spread now: 01 Exchange against GMX+0.111%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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: 01 Exchange is 0.111% dearer against GMX than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XRP/USD [ETH-USDC]1.5159L +0.0080% / S −0.0028%pay 0.0010% / 1h43m 53s$799K200x
Short01 Exchange XRPUSD1.51760.0072get 0.0009% / 1h43m 53s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against GMX. 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
−$1.74
Price spread: +0.111% → 0.000%
$11.09
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$9.65
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell 01 Exchange no order-book sample
GMX and 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%1h1.5125−0.226%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5174+0.098%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5130−0.193%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160+0.005%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5149−0.068%$14.5M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.644%$2K$107K30xas long as short
01 Exchange XRPUSDshort+0.0072%1h1.5176+0.111%$8K$8K10x
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5154−0.034%$7.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]longL +0.0080% / S −0.0028%1h1.5159long leg$799K200x
Lighter XRP+0.0096%1h1.5141−0.120%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5160+0.005%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5165+0.038%$13K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5162+0.022%$988K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5139−0.136%$38.4M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5173+0.090%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5141−0.120%$529.7M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5137−0.146%$345.4M$969.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5142−0.113%$127.2M$891.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161+0.012%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5176+0.111%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.200%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5138−0.140%$372.6M$159.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5138−0.140%$297.5M$920.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5145−0.097%$107.3M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5140−0.127%$267.2M$400.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5139−0.133%$106.5Mas long as short
Variational Omni XRP+0.0100%8h1.5118−0.273%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5138−0.139%$658K$114.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.173%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5143−0.107%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5161+0.011%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.025%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5163+0.028%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5149−0.067%$65K$810K50xas long as short
Derive XRP-PERP+0.0100%1h1.5151−0.054%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5152−0.046%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148−0.074%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5155−0.028%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5152−0.047%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5176+0.114%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5133−0.172%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5151−0.057%$58K$25K3xas long as short
Hyperliquid XRP+0.0156%1h1.5153−0.041%$288.5M$264.8M20xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5171+0.079%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0161%1h1.5153−0.041%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5155−0.028%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0218%8h1.5153−0.041%$1.7M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5158−0.006%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5172+0.085%$23.5M$78.1M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5175+0.107%$523K$797K10xas long as short
Aftermath Perps XRPUSD+0.0553%1h1.5154−0.033%$2K$16K10xas long as short