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−0.0294%/8h= −32.2% APRpaid last 24h −0.116%
Price spread now: KuCoin against RISEx−0.049%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$270.269% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.351%−$35 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.049%, 7d avg −0.036%
Together, before fees−0.332%−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.51760.0394pay 0.0049% / 1h33m 01s$521K$807K10x
ShortKuCoin XRPUSDTM1.51690.0100get 0.0100% / 8h33m 01s$106.3M$184.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$61.81
Price spread: −0.049% → −0.036%
−$1.27
Slippage, 4 orders
−$8.93
Fee RISEx: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$90
Costs to cover
0.269%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; KuCoin: 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, 5 min ago2.90 bp5.9 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago0.03 bp7.5 bp −$813.1 bp −$131doesn'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%1h1.5172−0.029%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5173−0.021%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5172−0.029%$7.8M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5166−0.069%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.527%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5166−0.068%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5167−0.063%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5172−0.029%$603K$3.2M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5178+0.010%$8K$2K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5165−0.075%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5170−0.039%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5160−0.108%$38.4M$86.8M100xas long as short
Pacifica XRP+0.0100%1h1.5178+0.009%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5157−0.127%$530.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5158−0.122%$349.4M$956.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5160−0.108%$127.9M$868.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.017%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5178+0.010%$143K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.089%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5164−0.082%$377.6M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5163−0.089%$309.1M$924.1M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5169−0.049%$106.3M$184.1M75x
Bitget XRPUSDT+0.0100%8h1.5157−0.128%$267.9M$390.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5160−0.108%$107.6Mas long as short
Variational Omni XRP+0.0100%8h1.5150−0.177%$4.9M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5179+0.017%$659K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5145−0.207%$1.1M$34.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5139−0.247%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5169−0.049%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5168−0.056%$52K$513K20xas long as short
Bullet XRP-USD+0.0100%1h1.5168−0.055%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5167−0.062%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5140−0.240%$814K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5171−0.033%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5168−0.056%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5171−0.037%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5166−0.069%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5177+0.004%$473K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0102% / S −0.0063%1h1.5166−0.067%$783K200xas long as short
Extended XRP-USD+0.0104%1h1.5155−0.138%$2.1M$6.9M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5168−0.055%$17K$78K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5164−0.085%$58K$25K3xas long as short
Hyperliquid XRP+0.0123%1h1.5173−0.023%$289.5M$268.0M20xas long as short
Backpack XRP_USDC_PERP+0.0148%1h1.5172−0.029%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5170−0.042%$5.6M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0188%8h1.5167−0.062%$1.8M$34.4M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5164−0.083%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5173−0.023%$23.6M$77.8M125xas long as short
RISEx XRP/USDClong+0.0394%1h1.5176long leg$521K$807K10x
Phoenix XRP+0.0526%1h1.5150−0.174%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0643%1h1.5184+0.053%$2K$16K10xas long as short