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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0198%/8h= −21.7% APRpaid last 24h −0.011%
Price spread now: 01 Exchange against Kalshi−0.007%7-day average · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXXRPPERP1.51370.0342pay 0.0342% / 8h2h 34m$2.1M$36.1M2.9x
Short01 Exchange XRPUSD1.51360.0144get 0.0018% / 1h34m 43s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Kalshi. 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
−$41.52
Price spread: −0.007% → 0.000%
−$0.66
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$59.18
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Kalshi: live order book, 4 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 Kalshi live order book, 4 min ago1.33 bp9.0 bp −$912.1 bp −$12121.1 bp −$2,110doesn'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%1h1.5135−0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5143+0.038%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5100−0.244%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123−0.091%$252K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0019% / S +0.0062%1h1.5122−0.102%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.794%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5127−0.066%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0071%8h1.5133−0.026%$58K$949K50xas long as short
Lighter XRP+0.0096%1h1.5148+0.070%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5147+0.066%$517K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.51370.000%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5136−0.003%$806K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5139+0.013%$38.5M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5147+0.066%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5146+0.057%$537.9M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5143+0.040%$340.4M$942.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5147+0.066%$123.8M$872.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5069−0.449%$561K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5152+0.099%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101−0.238%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5144+0.046%$367.0M$151.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5145+0.053%$291.3M$908.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5144+0.048%$106.7M$171.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5143+0.040%$265.9M$385.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5153+0.106%$127.6Mas long as short
Variational Omni XRP+0.0100%8h1.5126−0.072%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5093−0.291%$655K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5084−0.352%$1.1M$38.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5107−0.198%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5133−0.024%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5135−0.013%$45K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5132−0.035%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5135−0.015%$814K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5143+0.040%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5132−0.033%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5130−0.048%$49.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5131−0.040%$53.8M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5147+0.063%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5144+0.043%$2.0M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5130−0.050%$58K$25K3xas long as short
01 Exchange XRPUSDshort+0.0144%1h1.5136−0.007%$8K$8K10x
Hyperliquid XRP+0.0210%1h1.5156+0.126%$281.0M$221.9M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0213%1h1.5134−0.020%$7.6M$25.3M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5131−0.037%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5134−0.020%$5.7M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.370%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5094−0.286%$17K$82K7xas long as short
Kalshi KXXRPPERPlong+0.0342%8h1.5137long leg$2.1M$36.1M2.9x
Backpack XRP_USDC_PERP+0.0344%1h1.5144+0.046%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5153+0.106%$537K$783K10xas long as short
Aftermath Perps XRPUSD+0.0799%1h1.5121−0.105%$2K$14K10xas long as short