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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against SoDEX+0.018%45s7-day average +0.012% · you sell dearer than you buy
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−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.018%, 7d avg +0.012%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51560.0100pay 0.0013% / 1h3m 33s$29K$1.6M10x
ShortBinance XRPUSDT1.51590.0100get 0.0100% / 8h2h 03m$527.0M$2.22B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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% → +0.012%
$0.61
Slippage, 4 orders
−$1.32
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18.71
Costs to cover
0.193%
Break-even
never at this rate
Slippage from SoDEX: live order book, just now; Binance: live order book, 11 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 SoDEX live order book, just now0.33 bp4.3 bp −$47.1 bp −$71doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.33 bp5.3 bp −$56.4 bp −$6411.5 bp −$1,15328.0 bp −$14.0K

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%1h1.5166+0.066%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5158+0.012%$14.4M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5160+0.027%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.092%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5159+0.020%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.666%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0074% / S −0.0020%1h1.5160+0.026%$799K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5164+0.053%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5163+0.046%$7.7M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5162+0.037%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5164+0.053%$548K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5152−0.026%$11K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5157+0.008%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5158+0.012%$38.5M$87.4M100xas long as short
Pacifica XRP+0.0100%1h1.5164+0.050%$603K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5159+0.018%$527.0M$2.22B100x
Bybit XRPUSDT+0.0100%8h1.5159+0.020%$344.1M$966.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5160+0.026%$126.5M$890.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5159+0.020%$564K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5168+0.079%$143K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5132−0.159%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5160+0.026%$374.6M$162.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5161+0.033%$298.1M$929.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5159+0.023%$107.2M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5158+0.013%$266.7M$399.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5163+0.046%$106.0Mas long as short
Variational Omni XRP+0.0100%8h1.5166+0.065%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160+0.024%$658K$114.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5163+0.046%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5159+0.020%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5163+0.044%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5164+0.053%$51K$487K20xas long as short
Bullet XRP-USD+0.0100%1h1.5161+0.035%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5159+0.020%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5160+0.026%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5160+0.026%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5156long leg$29K$1.6M10x
HTX XRP-USDT+0.0100%8h1.5162+0.042%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5158+0.013%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5168+0.081%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5157+0.007%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5157+0.010%$58K$25K3xas long as short
Hyperliquid XRP+0.0145%1h1.5172+0.106%$289.6M$264.2M20xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5164+0.050%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5164+0.053%$5.7M$48.6M50xas long as short
Backpack XRP_USDC_PERP+0.0207%1h1.5169+0.086%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0215%8h1.5171+0.099%$1.7M$35.5M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5158+0.012%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5159+0.020%$23.2M$77.6M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5166+0.067%$517K$792K10xas long as short
Aftermath Perps XRPUSD+0.0573%1h1.5153−0.022%$2K$16K10xas long as short