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+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.009%
Price spread now: 01 Exchange against Kraken Futures+0.014%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 4 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XRPUSD1.51540.0025pay 0.0003% / 1h38m 41s$14.4M$75.3M50x
Short01 Exchange XRPUSD1.51560.0088get 0.0011% / 1h38m 41s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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
$13.32
Price spread: +0.014% → 0.000%
$1.38
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$2.3
Costs to cover
0.170%
Break-even
8.2 days
Slippage unknown: Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago4.29 bp10.3 bp −$1011.8 bp −$11820.9 bp −$2,09342.5 bp −$21.3K
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%1h1.5146−0.052%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5135−0.125%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5150−0.026%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5137−0.110%$245K150xas long as short
Kraken Futures PF_XRPUSDlong+0.0025%1h1.5154long leg$14.4M$75.3M50x
Injective XRP/USDC PERP+0.0033%1h1.5560+2.680%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5151−0.019%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S −0.0030%1h1.5151−0.018%$798K200xas long as short
01 Exchange XRPUSDshort+0.0088%1h1.5156+0.014%$8K$8K10x
Lighter XRP+0.0096%1h1.5148−0.037%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5147−0.046%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5147−0.046%$12K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5133−0.139%$985K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5147−0.049%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5150−0.028%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5148−0.040%$530.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5141−0.085%$345.0M$964.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5145−0.059%$127.2M$887.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151−0.019%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5157+0.020%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145−0.059%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5145−0.059%$372.4M$159.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5147−0.046%$298.4M$922.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5143−0.075%$107.2M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5143−0.072%$267.2M$398.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5146−0.052%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.040%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5150−0.025%$658K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5151−0.017%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156+0.014%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5144−0.066%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5143−0.072%$47K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5141−0.087%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5144−0.065%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5145−0.060%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145−0.058%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5150−0.026%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5137−0.108%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5153−0.006%$54.2M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5156+0.015%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5143−0.072%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5144−0.065%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0156%1h1.5159+0.034%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5145−0.058%$17K$79K7xas long as short
Hyperliquid XRP+0.0169%1h1.5166+0.080%$288.3M$264.6M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5157+0.020%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0212%8h1.5150−0.026%$1.7M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5136−0.118%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5154+0.001%$23.5M$77.9M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5156+0.011%$523K$798K10xas long as short
Aftermath Perps XRPUSD+0.0576%1h1.5148−0.040%$2K$16K10xas long as short