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−0.0380%/8h= −41.6% APRnext payment $0.47 per $10,000 · paid last 24h −0.116%
Price spread now: Extended against RISEx+0.034%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$130.134% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.307%−$31 on $10k
Price spread, last 4 days (all we have)−0.343%−$34 · spread now +0.034%, 7d avg −0.079%
Together, before fees−0.650%+ Points / potential airdropExtended: Active · farm board−$65 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.114% dearer against RISEx than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.079%): +$11 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.51520.0484pay 0.0060% / 1h3m 19s$516K$780K10x
ShortExtended XRP-USD1.51570.0104get 0.0013% / 1h3m 19s$2.0M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against RISEx. 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
−$79.74
Price spread: +0.034% → −0.079%
$11.36
Slippage, 4 orders
−$2.38
Fee RISEx: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$81.75
Costs to cover
0.134%
Break-even
never at this rate
Slippage from RISEx: live order book, 60 min ago; Extended: live order book, 6 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 RISEx live order book, 60 min ago0.73 bp3.7 bp −$48.7 bp −$87doesn't fitdoesn't fit
Sell Extended live order book, 6 min ago0.33 bp2.8 bp −$35.2 bp −$52doesn'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%1h1.5141−0.070%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5142−0.060%$1.1M$114K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5164+0.082%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158+0.046%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0032% / S +0.0036%1h1.5157+0.039%$832K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.696%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0056%1h1.5148−0.023%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5162+0.069%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5162+0.069%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5163+0.076%$511K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5143−0.056%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5149−0.018%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5168+0.109%$281.7M$223.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5156+0.030%$38.3M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5142−0.062%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5161+0.062%$535.3M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5160+0.056%$345.6M$931.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5162+0.069%$125.5M$872.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5169+0.115%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5149−0.017%$114K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.084%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5156+0.029%$368.6M$154.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5159+0.049%$297.4M$905.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5159+0.047%$108.2M$172.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5161+0.062%$268.6M$381.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5160+0.056%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5154+0.013%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5152+0.006%$658K$108.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5170+0.125%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5162+0.069%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5159+0.046%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5160+0.056%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5159+0.049%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5163+0.073%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5159+0.049%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5160+0.056%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5138−0.092%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5160+0.056%$53.9M$30.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5141−0.072%$472K$55K50xas long as short
Extended XRP-USDshort+0.0104%1h1.5157+0.034%$2.0M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5160+0.056%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0175%1h1.5175+0.155%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5166+0.093%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5156+0.030%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5168+0.109%$5.6M$46.9M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5154+0.016%$24.3M$75.7M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5158+0.043%$14.4M$73.6M50xas long as short
Kalshi KXXRPPERP+0.0337%8h1.5163+0.076%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDClong+0.0484%1h1.5152long leg$516K$780K10x
Phoenix XRP+0.0528%1h1.5180+0.188%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0650%1h1.5178+0.171%$2K$14K10xas long as short