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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.009%
Price spread now: OKX against Orderly+0.086%7-day average −0.001% · 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+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.248%+$25 · spread now +0.086%, 7d avg −0.001%
Together, before fees+0.292%+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.087% dearer against Orderly than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.51480.0076pay 0.0076% / 8h5h 26m$62K$935K50x
ShortOKX XRP-USDT-SWAP1.51610.0100get 0.0100% / 8h5h 26m$125.8M$865.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$5.12
Price spread: +0.086% → −0.001%
$8.67
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$2.21
Costs to cover
0.160%
Break-even
10.0 days
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago0.33 bp5.4 bp −$57.0 bp −$7015.5 bp −$1,55529.1 bp −$14.6K
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%1h1.5163+0.099%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5158+0.065%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5146−0.012%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5150+0.013%$7.7M$25.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.720%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0035% / S +0.0042%1h1.5146−0.016%$818K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5153+0.033%$8K$8K10xas long as short
Orderly PERP_XRP_USDClong+0.0076%8h1.5148long leg$62K$935K50x
Lighter XRP+0.0096%1h1.5161+0.086%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5157+0.059%$511K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5146−0.013%$10K$309K20xas long as short
Nado XRP-PERP+0.0100%1h1.5151+0.023%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5166+0.119%$281.1M$221.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5158+0.063%$38.4M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5161+0.088%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5161+0.089%$537.5M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5159+0.073%$344.0M$926.5M100xas long as short
OKX XRP-USDT-SWAPshort+0.0100%8h1.5161+0.086%$125.8M$865.9M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5171+0.152%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5165+0.112%$114K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5156+0.054%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5154+0.040%$369.2M$152.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5161+0.086%$293.4M$899.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5161+0.086%$108.2M$171.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5162+0.092%$268.2M$379.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5161+0.086%$126.1Mas long as short
Variational Omni XRP+0.0100%8h1.5198+0.333%$5.8M$36.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5184+0.237%$659K$107.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5175+0.176%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.396%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5154+0.037%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5150+0.013%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5148+0.001%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5149+0.009%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5157+0.063%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.51480.000%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5157+0.063%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5154+0.040%$53.9M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5160+0.081%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5149+0.010%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5146−0.011%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0186%1h1.5160+0.079%$1.9M$1.3M25xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5145−0.021%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5153+0.033%$5.6M$46.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5154+0.040%$24.2M$74.8M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5184+0.238%$17K$82K7xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5147−0.009%$14.5M$73.1M50xas long as short
Kalshi KXXRPPERP+0.0352%8h1.5158+0.066%$2.1M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5172+0.161%$517K$776K10xas long as short
Phoenix XRP+0.0528%1h1.5190+0.277%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0685%1h1.5167+0.125%$2K$14K10xas long as short