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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Pacifica−0.158%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$150.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days+0.141%+$14 · spread now −0.158%, 7d avg −0.044%
Together, before fees+0.175%+ Points / potential airdropPacifica: Active · Extended: Active · farm board+$18 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: Extended is 0.114% cheaper against Pacifica than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XRP1.52280.0100pay 0.0013% / 1h10m 11s$611K$1.1M20x
ShortExtended XRP-USD1.52040.0104get 0.0013% / 1h10m 11s$2.0M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Pacifica. 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
$0.84
Price spread: −0.158% → −0.044%
−$11.36
Slippage, 4 orders
−$2.5
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$26.02
Costs to cover
0.155%
Break-even
223.8 days
Slippage from Pacifica: live order book, 4 min ago; Extended: live order book, 4 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 Pacifica live order book, 4 min ago0.33 bp4.9 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago0.33 bp2.8 bp −$34.9 bp −$49doesn't fitdoesn't fit

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%1h1.5226−0.010%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5223−0.030%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5204−0.155%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5211−0.109%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.183%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0034% / S +0.0038%1h1.5203−0.160%$798K200xas long as short
01 Exchange XRPUSD+0.0064%1h1.5223−0.030%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5208−0.128%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5210−0.115%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5209−0.122%$512K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5217−0.069%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5223−0.033%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5213−0.096%$282.7M$223.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5213−0.095%$38.5M$83.6M100xas long as short
Pacifica XRPlong+0.0100%1h1.5228long leg$611K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5203−0.161%$536.9M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5203−0.161%$347.1M$930.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5203−0.161%$126.2M$873.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5180−0.312%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5224−0.023%$115K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223−0.030%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5204−0.155%$368.9M$153.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5203−0.161%$296.8M$903.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5208−0.130%$109.1M$171.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5202−0.168%$269.7M$380.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5204−0.155%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5200−0.184%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5211−0.110%$661K$107.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5201−0.176%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5221−0.043%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5212−0.105%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5224−0.023%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5206−0.142%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5208−0.129%$818K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5228+0.003%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5210−0.115%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5224−0.023%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5208−0.128%$54.1M$30.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5224−0.025%$475K$55K50xas long as short
Extended XRP-USDshort+0.0104%1h1.5204−0.158%$2.0M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5206−0.142%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0190%1h1.5211−0.109%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5211−0.108%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5203−0.164%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5212−0.102%$5.6M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5225−0.017%$24.3M$75.5M125xas long as short
Kraken Futures PF_XRPUSD+0.0272%1h1.5205−0.147%$14.4M$73.3M50xas long as short
Kalshi KXXRPPERP+0.0344%8h1.5217−0.069%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5227−0.004%$518K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220−0.050%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0653%1h1.5222−0.034%$2K$14K10xas long as short