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

XRP

all XRP markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Phemex+0.018%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Long on PhemexShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.108%+$11 · spread now +0.018%, 7d avg +0.008%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex XRPUSDT1.51660.0100pay 0.0100% / 8h3h 41m$54.1M$31.1M50x
ShortKuCoin XRPUSDTM1.51690.0100get 0.0100% / 8h3h 41m$108.8M$176.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. 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
Price spread: +0.018% → +0.008%
$1.08
Slippage, 4 orders
−$14.22
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$37.14
Costs to cover
0.382%
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; KuCoin: live order book, 2 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 Phemex live order book, 2 min ago2.63 bp10.6 bp −$1113.5 bp −$13525.5 bp −$2,548doesn't fit
Sell KuCoin live order book, 2 min ago0.03 bp10.1 bp −$1012.4 bp −$12435.9 bp −$3,590doesn'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%1h1.5203+0.244%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5180+0.093%$1.1M$111K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.51660.000%$7.8M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5165−0.007%$261K—150xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5164−0.016%$14.4M$74.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.598%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0051% / S +0.0013%1h1.5164−0.012%$778K—200xas long as short
Lighter XRP+0.0096%1h1.5162−0.027%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5164−0.013%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5171+0.033%$12K$343K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_XRP_USDC+0.0100%8h1.5164−0.013%$62K$934K50xas long as short
Nado XRP-PERP+0.0100%1h1.5170+0.027%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5161−0.030%$38.3M$84.6M100xas long as short
Pacifica XRP+0.0100%1h1.5181+0.100%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5162−0.029%$532.6M$2.14B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5160−0.040%$345.4M$942.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5162−0.026%$127.0M$885.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5193+0.178%$566K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5172+0.040%$118K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5203+0.244%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5159−0.046%$370.4M$154.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5167+0.007%$292.0M$900.2M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5169+0.018%$108.8M$176.9M75x
Bitget XRPUSDT+0.0100%8h1.5157−0.059%$268.5M$388.8M125xas long as short
BingX XRP-USDC+0.0100%8h1.5156−0.066%—$4.2M—as long as short
Variational Omni XRP+0.0100%8h1.5202+0.236%$4.9M$38.2M—as long as short
edgeX XRPUSDC+0.0100%4h1.5212+0.305%$661K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5201+0.231%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5199+0.218%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5179+0.086%—$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5172+0.040%$45K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5168+0.011%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5167+0.009%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5172+0.042%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5164−0.013%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5164−0.013%$49.6M$15.7M75xas long as short
Phemex XRPUSDTlong+0.0100%8h1.5166long leg$54.1M$31.1M50x
Paradex XRP-USD-PERP+0.0100%8h1.5168+0.014%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5165−0.005%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5164−0.016%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5176+0.066%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5172+0.040%$5.6M$47.5M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5169+0.021%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5206+0.264%$24.1M$76.1M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5210+0.289%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0285%1h1.5175+0.059%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0296%8h1.5189+0.152%$2.0M$35.1M2.9xas long as short
Hyperliquid XRP+0.0309%1h1.5175+0.057%$291.7M$235.3M20xas long as short
RISEx XRP/USDC+0.0358%1h1.5174+0.051%$517K$774K10xas long as short
Phoenix XRP+0.0528%1h1.5210+0.290%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0664%1h1.5198+0.210%$2K$15K10xas long as short