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+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against SoDEX−0.041%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$150.146% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.041%, 7d avg −0.019%
Together, before fees+0.108%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.022% cheaper against SoDEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51780.0100pay 0.0013% / 1h56m 11s$28K$1.6M10x
ShortExtended XRP-USD1.51720.0104get 0.0013% / 1h56m 11s$2.1M$6.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.041% → −0.019%
−$2.21
Slippage, 4 orders
−$1.58
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.94
Costs to cover
0.146%
Break-even
139.9 days
Slippage from SoDEX: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago0.33 bp4.3 bp −$47.3 bp −$73doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.33 bp3.1 bp −$35.3 bp −$53doesn'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%1h1.5191+0.086%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5179+0.008%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.277%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5177−0.009%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5180+0.013%$7.8M$24.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.517%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5177−0.004%$14.5M$74.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0095% / S −0.0052%1h1.5178−0.003%$783K200xas long as short
Lighter XRP+0.0096%1h1.5181+0.023%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5182+0.026%$545K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5167−0.072%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5183+0.032%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5181+0.022%$38.5M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.5181+0.022%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5184+0.040%$531.9M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5182+0.026%$348.1M$958.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5188+0.066%$127.9M$883.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196+0.119%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5181+0.020%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195+0.115%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5185+0.046%$378.9M$159.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5186+0.053%$311.5M$915.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5184+0.037%$105.8M$183.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5183+0.033%$268.5M$395.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5174−0.026%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5187+0.058%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5193+0.099%$660K$113.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5196+0.118%$1.1M$35.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.198%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5183+0.034%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5176−0.013%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5182+0.027%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5181+0.020%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.090%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5179+0.010%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5178long leg$28K$1.6M10x
HTX XRP-USDT+0.0100%8h1.5181+0.020%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5186+0.053%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5183+0.030%$473K$55K50xas long as short
Extended XRP-USDshort+0.0104%1h1.5172−0.041%$2.1M$6.9M50x
Aevo XRP-PERP+0.0104%1h1.5176−0.010%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0121%1h1.5192+0.092%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0136%1h1.5186+0.052%$17K$79K7xas long as short
01 Exchange XRPUSD+0.0160%1h1.51780.000%$8K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5179+0.007%$5.6M$48.2M50xas long as short
Hyperliquid XRP+0.0190%1h1.5199+0.138%$289.4M$267.8M20xas long as short
Kalshi KXXRPPERP+0.0211%8h1.5187+0.059%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5168−0.064%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5192+0.092%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5179+0.009%$528K$806K10xas long as short
Aftermath Perps XRPUSD+0.0691%1h1.5201+0.150%$2K$16K10xas long as short