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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Katana Perps+0.055%7-day average +0.041% · 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 4 days (all we have)+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.055%, 7d avg +0.041%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps XRP-USD1.52350.0099pay 0.0099% / 8h46m 04s$10K$372K20x
ShortSunX XRP-USDT1.52430.0100get 0.0100% / 8h46m 04s$128K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Katana Perps. 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
$0.17
Price spread: +0.055% → +0.041%
$1.4
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$10.23
Costs to cover
0.118%
Break-even
438.8 days
Slippage unknown: Katana Perps: no order-book sample; SunX: live order book, 10 min ago. 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 Katana Perps no order-book sample
Sell SunX live order book, 10 min ago11.64 bp20.5 bp −$2027.1 bp −$271doesn't fitdoesn't fit
Katana Perps: 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%1h1.5232−0.020%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5242+0.046%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5239+0.025%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.133%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5244+0.061%$14.5M$73.7M50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5248+0.085%$7.9M$24.1M50xas long as short
Lighter XRP+0.0096%1h1.5246+0.073%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5244+0.059%$606K$3.2M20xas long as short
GMX XRP/USD [ETH-USDC]L +0.0098% / S −0.0056%1h1.5241+0.041%$787K200xas long as short
Katana Perps XRP-USDlong+0.0099%8h1.5235long leg$10K$372K20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5232−0.020%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5243+0.054%$38.7M$87.1M100xas long as short
Pacifica XRP+0.0100%1h1.5244+0.058%$615K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5240+0.036%$533.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5236+0.007%$350.6M$957.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5237+0.013%$128.0M$880.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5190−0.295%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5250+0.098%$145K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5191−0.292%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5238+0.020%$379.6M$159.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5242+0.046%$316.2M$918.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5238+0.018%$107.3M$184.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5240+0.033%$269.5M$393.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5237+0.013%$107.5Mas long as short
Variational Omni XRP+0.0100%8h1.5190−0.298%$4.9M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5208−0.178%$661K$113.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5188−0.306%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5214−0.138%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5245+0.064%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5246+0.072%$50K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5242+0.048%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5242+0.046%$76K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5233−0.010%$819K$74K10xas long as short
SunX XRP-USDTshort+0.0100%8h1.5243+0.055%$128K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5244+0.059%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5243+0.052%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5242+0.046%$54.5M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5245+0.069%$475K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5238+0.020%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5241+0.043%$59K$25K3xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5238+0.019%$17K$78K7xas long as short
01 Exchange XRPUSD+0.0128%1h1.5248+0.085%$9K$2K10xas long as short
Hyperliquid XRP+0.0170%1h1.5250+0.098%$290.5M$267.5M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5246+0.072%$5.6M$48.4M50xas long as short
Backpack XRP_USDC_PERP+0.0181%1h1.5249+0.092%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0207%8h1.5240+0.033%$1.8M$34.5M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5240+0.035%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5230−0.033%$23.8M$78.0M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5248+0.084%$530K$803K10xas long as short
Phoenix XRP+0.0526%1h1.5200−0.230%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0661%1h1.5224−0.075%$2K$16K10xas long as short