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+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Orderly−0.008%7-day average +0.009% · you buy dearer than you sell
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 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.099%+$10 · spread now −0.008%, 7d avg +0.009%
Together, before fees+0.100%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.53650.0059pay 0.0059% / 8h18m 26s$75K$910K50x
ShortBinance XRPUSDT1.53640.0100get 0.0100% / 8h18m 26s$546.6M$2.05B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
$8.6
Price spread: −0.008% → +0.009%
−$1.63
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$9.03
Costs to cover
0.160%
Break-even
14.4 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 11 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 Orderly no order-book sample
Sell Binance live order book, 11 min ago0.32 bp5.3 bp −$56.0 bp −$6012.1 bp −$1,20625.6 bp −$12.8K
Orderly: 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%1h1.5364−0.007%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5358−0.046%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5370+0.033%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5359−0.039%$266K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0095%1h1.5358−0.044%$844K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5366+0.007%$9.4M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5364−0.009%$15.0M$69.7M50xas long as short
Orderly PERP_XRP_USDClong+0.0059%8h1.5365long leg$75K$910K50x
Injective XRP/USDC PERP+0.0089%1h1.5560+1.269%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5355−0.067%$2.9M$13.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5364−0.007%$440K$3.2M20xas long as short
Nado XRP-PERP+0.0100%1h1.5362−0.016%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5363−0.012%$39.1M$81.8M100xas long as short
Pacifica XRP+0.0100%1h1.5361−0.028%$632K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5364−0.008%$546.6M$2.05B100x
Bybit XRPUSDT+0.0100%8h1.5361−0.026%$342.0M$924.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5362−0.020%$125.5M$879.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5356−0.059%$572K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5370+0.033%$117K$758K20xas long as short
Bulk XRP-USD+0.0100%1h1.5373+0.049%$1.7M$571K20xas long as short
Gate XRP_USDT+0.0100%8h1.5360−0.033%$361.3M$148.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5362−0.020%$299.5M$888.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5360−0.030%$110.1M$165.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5360−0.033%$267.7M$375.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5362−0.020%$121.8Mas long as short
Variational Omni XRP+0.0100%8h1.5364−0.004%$11.5M$30.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5360−0.030%$667K$105.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5364−0.007%$1.1M$40.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5364−0.007%$1.0M$900K50xas long as short
Vest XRP-PERP+0.0100%1h1.5361−0.026%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5364−0.007%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5362−0.018%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5366+0.008%$827K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5370+0.033%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.53650.000%$31K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5357−0.054%$50.4M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5369+0.026%$54.7M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5367+0.014%$479K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5366+0.007%$10K$270K20xas long as short
Extended XRP-USD+0.0104%1h1.5363−0.016%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5363−0.015%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5371+0.039%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5357−0.049%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5364−0.007%$24.3M$74.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5372+0.046%$5.8M$47.1M50xas long as short
Backpack XRP_USDC_PERP+0.0259%1h1.5370+0.033%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0288%1h1.5364−0.006%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0309%8h1.5366+0.007%$2.0M$34.5M2.9xas long as short
Hyperliquid XRP+0.0585%1h1.5378+0.085%$293.7M$213.6M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5378+0.086%$500K$638K10xas long as short
Aftermath Perps XRPUSD+0.0781%1h1.5375+0.063%$1K$11K10xas long as short