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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against KuCoin+0.134%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.134%, 7d avg +0.004%
Together, before fees−0.045%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.130% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XRPUSDTM1.51350.0100pay 0.0100% / 8h6h 18m$106.9M$171.4M75x
ShortPacifica XRP1.51560.0100get 0.0013% / 1h18m 25s$609K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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: +0.134% → +0.004%
$12.97
Slippage, 4 orders
−$6.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$13.24
Costs to cover
0.262%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Pacifica: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago0.03 bp7.0 bp −$710.5 bp −$10527.4 bp −$2,738doesn't fit
Sell Pacifica live order book, just now1.65 bp7.0 bp −$7doesn't fitdoesn't fitdoesn't fit

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%1h1.5146+0.069%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5152+0.106%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.228%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5143+0.048%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0022% / S +0.0057%1h1.5141+0.034%$800K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.805%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5143+0.052%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5139+0.023%$62K$953K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5146+0.069%$7.6M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5158+0.147%$2.8M$14.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5157+0.142%$511K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5124−0.076%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5137+0.013%$934K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5141+0.036%$38.5M$84.2M100xas long as short
Pacifica XRPshort+0.0100%1h1.5156+0.134%$609K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5146+0.066%$537.2M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5143+0.050%$340.9M$940.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5143+0.050%$124.2M$871.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5130−0.036%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5139+0.023%$114K$701K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.357%$1.6M$330K20xas long as short
Gate XRP_USDT+0.0100%8h1.5143+0.050%$368.4M$152.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5143+0.050%$289.6M$915.1M300xas long as short
KuCoin XRPUSDTMlong+0.0100%8h1.5135long leg$106.9M$171.4M75x
Bitget XRPUSDT+0.0100%8h1.5141+0.036%$266.7M$384.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5133−0.017%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5151+0.100%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5154+0.120%$658K$109.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5186+0.333%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5155+0.129%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5141+0.033%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5136+0.003%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5144+0.057%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5142+0.045%$815K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5151+0.103%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5143+0.050%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5139+0.022%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5144+0.056%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5156+0.137%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5130−0.039%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5139+0.023%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5131−0.030%$8K$8K10xas long as short
Hyperliquid XRP+0.0192%1h1.5145+0.063%$280.3M$222.0M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5133−0.019%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5149+0.089%$5.7M$46.7M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5132−0.022%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0342%1h1.5156+0.135%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0361%8h1.5140+0.030%$2.1M$35.7M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5134−0.013%$529K$787K10xas long as short
Aftermath Perps XRPUSD+0.0756%1h1.5153+0.117%$2K$14K10xas long as short