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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0452%/8h= −49.5% APRnext payment $0.57 per $10,000 · paid last 24h −0.138%
Price spread now: gTrade (Gains Network) against RISEx−0.079%47s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2782.781% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.376%−$38 on $10k
Price spread, last 3 days (all we have)+0.028%+$3 · spread now −0.079%, 7d avg −0.050%
Together, before fees−0.347%−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 0.029% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.050%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.52000.0456pay 0.0057% / 1h57m 29s$537K$777K10x
ShortgTrade (Gains Network) XRP/USD1.5188L +0.0003% / S −0.0004%get 0.0001% / 1h57m 29s$254K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$94.96
Price spread: −0.079% → −0.050%
−$2.86
Slippage, 4 orders
−$262.09
Fee RISEx: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$375.92
Costs to cover
2.781%
Break-even
never at this rate
Slippage from RISEx: live order book, 11 min ago; gTrade (Gains Network): virtual book (oracle venue), 12 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, 11 min ago1.01 bp4.0 bp −$48.9 bp −$89doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 12 min ago130.04 bp135.0 bp −$135193.1 bp −$1,9311958.1 bp −$195.8Kdoesn'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+0.019%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5196−0.024%$1.1M$117K10xas long as short
gTrade (Gains Network) XRP/USDshortL +0.0003% / S −0.0004%1h1.5188−0.079%$254K150x
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0069%1h1.5194−0.042%$834K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.368%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5194−0.042%$14.2M$70.5M50xas long as short
Orderly PERP_XRP_USDC+0.0066%8h1.5198−0.014%$57K$935K50xas long as short
Lighter XRP+0.0096%1h1.5203+0.018%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5206+0.039%$508K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5189−0.073%$11K$288K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5187−0.083%$911K$5.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5200+0.001%$38.4M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5203+0.017%$617K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5200+0.001%$536.0M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5194−0.040%$339.2M$925.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5182−0.119%$122.6M$864.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5176−0.159%$567K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5204+0.026%$115K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5203+0.019%$1.6M$305K20xas long as short
Gate XRP_USDT+0.0100%8h1.5204+0.026%$367.7M$147.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5209+0.059%$297.2M$887.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5195−0.030%$109.1M$168.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5182−0.119%$266.0M$378.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5207+0.045%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5216+0.104%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5219+0.126%$661K$106.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5208+0.052%$1.1M$37.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5235+0.230%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5191−0.062%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5196−0.027%$44K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5203+0.021%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5195−0.031%$818K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5205+0.029%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5196−0.027%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5202+0.014%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196−0.027%$53.9M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5211+0.071%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5200−0.002%$2.1M$7.2M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5191−0.060%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5198−0.016%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0145%1h1.5198−0.014%$9.2M$24.6M50xas long as short
Hyperliquid XRP+0.0179%1h1.5193−0.047%$282.8M$220.5M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5181−0.128%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5197−0.020%$5.7M$46.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5226+0.170%$24.1M$74.0M125xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5221+0.138%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0324%8h1.5201+0.006%$2.0M$34.9M2.9xas long as short
RISEx XRP/USDClong+0.0456%1h1.5200long leg$537K$777K10x
Phoenix XRP+0.0520%1h1.5240+0.263%$68K$110K15xas long as short
Backpack XRP_USDC_PERP+0.0522%1h1.5212+0.078%$1.9M$1.3M25xas long as short
Aftermath Perps XRPUSD+0.0827%1h1.5257+0.376%$2K$13K10xas long as short