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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against OKX−0.084%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 3 days (all we have)−0.005%$0 · spread now −0.084%, 7d avg +0.018%
Together, before fees+0.175%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.102% cheaper against OKX than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.018%). If the spread goes back, that is −$10 on $10k: about 2.8 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XRP-USDT-SWAP1.55010.0100pay 0.0100% / 8h38m 28s$126.8M$885.8M100x
ShortBloFin XRP-USDT1.54880.0220get 0.0220% / 8h38m 28s$24.5M$74.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$25.2
Price spread: −0.084% → +0.018%
−$10.2
Slippage, 4 orders
−$2.65
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$9.65
Costs to cover
0.247%
Break-even
9.7 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 6 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 OKX live order book, 6 min ago0.32 bp5.3 bp −$55.9 bp −$5913.5 bp −$1,35132.6 bp −$16.3K
Sell BloFin live order book, 6 min ago0.64 bp6.6 bp −$77.1 bp −$7110.7 bp −$1,07418.3 bp −$9,148

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%1h1.5494−0.045%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5485−0.105%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5550+0.316%$69K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5489−0.075%$259K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0007% / S +0.0103%1h1.5487−0.089%$852K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0008%1h1.5490−0.071%$9.6M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5484−0.109%$15.5M$68.8M50xas long as short
Orderly PERP_XRP_USDC+0.0057%8h1.5491−0.065%$76K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+0.381%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5487−0.090%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5491−0.065%$441K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5494−0.045%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5488−0.083%$39.4M$80.5M100xas long as short
Pacifica XRP+0.0100%1h1.5490−0.070%$637K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5503+0.013%$554.4M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5503+0.013%$347.3M$918.9M100xas long as short
OKX XRP-USDT-SWAPlong+0.0100%8h1.5501long leg$126.8M$885.8M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5473−0.181%$578K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5497−0.026%$116K$754K20xas long as short
Bulk XRP-USD+0.0100%1h1.5506+0.031%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5493−0.052%$373.3M$144.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5496−0.032%$296.7M$873.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5485−0.103%$112.8M$163.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5489−0.077%$270.3M$372.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5484−0.110%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5522+0.133%$11.6M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5529+0.179%$674K$103.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5516+0.099%$1.1M$40.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5524+0.148%$1.0M$899K50xas long as short
Vest XRP-PERP+0.0100%1h1.5491−0.065%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5504+0.019%$47K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5490−0.068%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5492−0.055%$834K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5495−0.035%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5486−0.097%$32K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5490−0.072%$50.8M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5482−0.123%$55.1M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5494−0.042%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5500−0.006%$12K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5487−0.091%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5490−0.069%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5502+0.006%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5487−0.092%$1.4M$8K15xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5488−0.084%$24.5M$74.3M125x
Coinbase International XRP-PERP-INTX+0.0224%1h1.5493−0.052%$5.9M$47.4M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5494−0.048%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5508+0.045%$2.0M$34.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0323%1h1.5492−0.058%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0599%1h1.5510+0.058%$294.8M$209.6M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5509+0.050%$504K$633K10xas long as short
Aftermath Perps XRPUSD+0.0794%1h1.5552+0.329%$1K$11K10xas long as short