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+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Orderly+0.130%7-day average +0.009% · 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 7 days+0.048%+$5 on $10k
Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.130%, 7d avg +0.009%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.120% dearer against Orderly than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.54260.0049pay 0.0049% / 8h2h 03m$80K$933K50x
ShortBitget XRPUSDT1.54460.0100get 0.0100% / 8h2h 03m$267.7M$347.2M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$10.81
Price spread: +0.130% → +0.009%
$12.04
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
$4.85
Costs to cover
0.180%
Break-even
3.9 days
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago0.32 bp8.1 bp −$811.8 bp −$11823.0 bp −$2,29937.1 bp −$18.5K
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%1h1.5415−0.071%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5405−0.138%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5410−0.104%$69K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5422−0.024%$258K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0009%1h1.5430+0.026%$9.4M$24.8M50xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.882%$2K$86K30xas long as short
Orderly PERP_XRP_USDClong+0.0049%8h1.5426long leg$80K$933K50x
GMX XRP/USD [ETH-USDC]L +0.0076% / S +0.0163%1h1.5422−0.028%$908K200xas long as short
Lighter XRP+0.0096%1h1.5432+0.036%$3.0M$11.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5433+0.045%$446K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5418−0.049%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5429+0.021%$39.3M$73.3M100xas long as short
Pacifica XRP+0.0100%1h1.5418−0.054%$673K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5438+0.078%$555.3M$1.88B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5439+0.084%$347.5M$853.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5443+0.110%$125.7M$850.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5393−0.214%$573K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5422−0.026%$121K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5472+0.295%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5428+0.013%$368.1M$134.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5429+0.019%$286.5M$825.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5429+0.018%$112.2M$149.4M75xas long as short
Bitget XRPUSDTshort+0.0100%8h1.5446+0.130%$267.7M$347.2M125x
BingX XRP-USDT+0.0100%8h1.5435+0.058%$114.7Mas long as short
Variational Omni XRP+0.0100%8h1.5410−0.105%$6.6M$24.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5390−0.231%$669K$96.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5398−0.181%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5386−0.259%$1.0M$879K50xas long as short
Vest XRP-PERP+0.0100%1h1.5410−0.103%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5421−0.032%$51K$438K20xas long as short
Bullet XRP-USD+0.0100%1h1.5418−0.052%$42K$61K20xas long as short
Derive XRP-PERP+0.0100%1h1.5424−0.012%$831K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5421−0.033%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.54260.000%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5417−0.056%$50.7M$14.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.54260.000%$55.1M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5414−0.076%$481K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5422−0.026%$12K$240K20xas long as short
Extended XRP-USD+0.0104%1h1.5447+0.133%$2.1M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5425−0.009%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0152%1h1.5423−0.019%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0169%1h1.5425−0.008%$15.7M$65.5M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5429+0.019%$5.6M$45.0M50xas long as short
Backpack XRP_USDC_PERP+0.0203%1h1.5444+0.117%$1.8M$953K25xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5418−0.052%$1.4M$9K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5434+0.052%$24.3M$69.2M125xas long as short
Kalshi KXXRPPERP+0.0301%8h1.5442+0.104%$1.8M$32.0M2.9xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5398−0.179%$19K$66K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5425−0.006%$405K$498K10xas long as short
Hyperliquid XRP+0.0517%1h1.5451+0.162%$285.3M$191.0M20xas long as short
Aftermath Perps XRPUSD+0.0572%1h1.5424−0.011%$1K$11K10xas long as short