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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.040%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$150.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 7 days−0.030%−$3 · spread now +0.040%, 7d avg −0.004%
Together, before fees+0.010%+$1 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: OKX is 0.043% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XRP_USDT1.51360.0100pay 0.0100% / 8h1h 50m$298.5M$917.9M300x
ShortOKX XRP-USDT-SWAP1.51420.0100get 0.0100% / 8h1h 50m$127.0M$890.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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: +0.040% → −0.004%
$4.33
Slippage, 4 orders
−$4.87
Fee MEXC: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$10.54
Costs to cover
0.149%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago1.98 bp2.0 bp −$22.4 bp −$246.0 bp −$60527.1 bp −$13.6K
Sell OKX live order book, 3 min ago0.33 bp5.3 bp −$56.3 bp −$6313.5 bp −$1,35032.2 bp −$16.1K

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%1h1.5125−0.073%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5122−0.089%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.026%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5132−0.025%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5134−0.016%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.801%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5126−0.066%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0078% / S −0.0025%1h1.5133−0.023%$797K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.51360.000%$7.7M$25.1M50xas long as short
Lighter XRP+0.0096%1h1.5135−0.009%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5135−0.007%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5119−0.112%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5122−0.093%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5140+0.023%$38.4M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5124−0.078%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143+0.047%$528.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5141+0.033%$344.3M$967.6M100xas long as short
OKX XRP-USDT-SWAPshort+0.0100%8h1.5142+0.040%$127.0M$890.8M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5129−0.046%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5127−0.059%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.047%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5138+0.013%$372.3M$158.5M100xas long as short
MEXC XRP_USDTlong+0.0100%8h1.5136long leg$298.5M$917.9M300x
KuCoin XRPUSDTM+0.0100%8h1.5133−0.020%$107.2M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5140+0.026%$266.6M$399.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5134−0.013%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5135−0.008%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141+0.035%$658K$114.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5155+0.126%$1.1M$36.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5146+0.066%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5132−0.028%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.51360.000%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5134−0.014%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5131−0.033%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5132−0.030%$814K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5134−0.013%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5133−0.020%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5151+0.099%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5132−0.026%$54.0M$32.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5127−0.060%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5136+0.003%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5131−0.036%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0145%1h1.5147+0.073%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5125−0.075%$17K$82K7xas long as short
Hyperliquid XRP+0.0170%1h1.5153+0.112%$289.0M$264.1M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5137+0.007%$5.7M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5130−0.038%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5137+0.007%$23.5M$77.7M125xas long as short
Kalshi KXXRPPERP+0.0220%8h1.5132−0.026%$1.8M$35.4M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5127−0.057%$522K$796K10xas long as short
Aftermath Perps XRPUSD+0.0562%1h1.5143+0.047%$2K$16K10xas long as short