data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

XRP

all XRP markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$52
spread now+0.084%7d average+0.023%fees + slippage, in and out−$58spread needed0.582%
Long on SunXShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.50010.0100pay 0.0100% / 8h8m 44s$126K$1.7M30x
ShortBackpack XRP_USDC_PERP1.50140.0121get 0.0015% / 1h8m 44s$1.7M$914K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$8.4
Funding while held
$0.62
Slippage, 4 orders
−$38.23
Fee SunX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$49.21
Spread needed to break even
0.582%
Slippage from SunX: live order book, 3 min ago; Backpack: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0021%
Per $10,000 a day
+$0.62
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago15.26 bp21.4 bp −$2126.3 bp −$263doesn't fitdoesn't fit
Sell Backpack live order book, 2 min ago0.33 bp5.3 bp −$56.6 bp −$66doesn't fitdoesn't fit

XRP price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.4090cheapest
Bulk1.4908+5.802%Ondo Perps1.4947+6.082%Phoenix1.4970+6.246%Aftermath Perps1.4971+6.253%HTX1.4985+6.353%Katana Perps1.4987+6.366%Variational Omni1.4991+6.393%Vest1.4993+6.408%Aevo1.4994+6.419%edgeX1.4995+6.421%Orderly1.4995+6.423%Derive1.4995+6.424%Reya1.4996+6.430%Nado1.4996+6.434%Arcus1.4997+6.437%RISEx1.4999+6.449%Hotstuff1.4999+6.451%ApeX Omni1.4999+6.451%Hibachi1.4999+6.452%Polymarket Perps1.5000+6.458%gTrade (Gains Network)1.5000+6.461%Bullet1.5001+6.462%Phemex1.5001+6.466%BloFin1.5001+6.466%GMX1.5001+6.468%
SunX1.5001+6.468%
01 Exchange1.5002+6.473%Deribit1.5003+6.480%Kalshi1.5006+6.501%Kraken Futures1.5006+6.504%SoDEX1.5007+6.508%Coinbase International1.5008+6.515%Extended1.5008+6.519%
Backpack1.5014+6.558%
Aster1.5015+6.568%Gate1.5018+6.586%BingX1.5022+6.615%dYdX1.5022+6.617%Bitget1.5023+6.622%KuCoin1.5026+6.639%Binance1.5026+6.646%Lighter1.5027+6.653%Bybit1.5028+6.657%Pacifica1.5028+6.659%Lighter RH1.5029+6.664%OKX1.5029+6.664%MEXC1.5029+6.664%Paradex1.5037+6.718%Hyperliquid1.5043+6.764%

XRP on 50 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective XRP/USDC PERP−6.075%+0.0033%1h$2K$63K30xas long as short
Bulk XRP-USD−0.626%+0.0100%1h$1.7M$217K20xas long as short
Ondo Perps XRP-USD.P−0.363%+0.0100%1h$559K$47K5xas long as short
Phoenix XRP−0.209%0.0000%1h$69K$28K15xas long as short
Aftermath Perps XRPUSD−0.202%+0.0723%1h$1K$9K10xas long as short
HTX XRP-USDT−0.108%+0.0100%8h$49.5M$13.3M75xas long as short
Katana Perps XRP-USD−0.096%+0.0100%8h$13K$223K20xas long as short
Variational Omni XRP−0.070%+0.0100%8h$5.3M$17.2M—as long as short
Vest XRP-PERP−0.057%+0.0100%1h—$9K10xas long as short
Aevo XRP-PERP−0.046%+0.0104%1h$72K$39K3xas long as short
Show all 50 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX XRPUSDC−0.045%+0.0100%4h$681K$84.9M30xas long as short
Orderly PERP_XRP_USDC−0.043%+0.0051%8h$189K$760K50xas long as short
Derive XRP-PERP−0.042%+0.0100%1h$808K$68K10xas long as short
Reya XRPRUSDPERP−0.036%+0.0205%1h$1.3M$15K15xas long as short
Nado XRP-PERP−0.033%+0.0100%1h$1.1M$4.9M20xas long as short
Arcus XRP-USD−0.029%+0.0100%1h$118K$592K20xas long as short
RISEx XRP/USDC−0.019%+0.0579%1h$396K$412K10xas long as short
Hotstuff XRP-PERP−0.016%−0.0080%1h$6K$2K20xas long as short
ApeX Omni XRPUSDT−0.016%+0.0100%1h$1.0M$816K50xas long as short
Hibachi XRP/USDT-P−0.015%+0.0200%1h$19K$30K7xas long as short
Polymarket Perps XRP-USD−0.009%+0.0100%1h$61K$383K20xas long as short
gTrade (Gains Network) XRP/USD−0.007%L +0.0003% / S −0.0003%1h$219K—150xas long as short
Bullet XRP-USD−0.006%+0.0100%1h$41K$57K20xas long as short
Phemex XRPUSDT−0.003%+0.0100%8h$54.0M$25.8M50xas long as short
BloFin XRP-USDT−0.003%+0.0220%8h$23.6M$56.8M125xas long as short
GMX XRP/USD [ETH-USDC]0.000%L −0.0205% / S +0.0292%1h$1.6M—200xas long as short
SunX XRP-USDTlong0.000%+0.0100%8h$126K$1.7M30x
01 Exchange XRPUSD+0.004%+0.0160%1h$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.011%0.0000%1h$8.2M$19.9M50xas long as short
Kalshi KXXRPPERP+0.031%+0.0180%8h$1.8M$33.7M2.9xas long as short
Kraken Futures PF_XRPUSD+0.034%+0.0365%1h$17.6M$42.2M50xas long as short
SoDEX XRP-USD+0.037%+0.0100%1h$31K$2.1M10xas long as short
Coinbase International XRP-PERP-INTX+0.044%+0.0224%1h$5.5M$36.8M50xas long as short
Extended XRP-USD+0.047%+0.0104%1h$1.9M$7.2M50xas long as short
Backpack XRP_USDC_PERPshort+0.084%+0.0121%1h$1.7M$914K25x
Aster XRPUSDT+0.094%+0.0100%8h$38.2M$66.0M100xas long as short
Gate XRP_USDT+0.111%+0.0100%8h$355.8M$125.0M100xas long as short
BingX XRP-USDT+0.137%+0.0100%8h—$96.9M—as long as short
dYdX XRP-USD+0.140%0.0000%1h$1.1M$107K10xas long as short
Bitget XRPUSDT+0.144%+0.0100%8h$257.2M$310.9M125xas long as short
KuCoin XRPUSDTM+0.161%+0.0100%8h$113.9M$141.3M75xas long as short
Binance XRPUSDT+0.167%+0.0100%8h$530.9M$1.66B100xas long as short
Lighter XRP+0.173%+0.0096%1h$2.8M$7.8M20xas long as short
Bybit XRPUSDT+0.177%+0.0100%8h$335.4M$757.5M100xas long as short
Pacifica XRP+0.179%+0.0100%1h$631K$1.0M20xas long as short
Lighter RH XRP+0.184%+0.0096%1h$488K$2.0M20xas long as short
OKX XRP-USDT-SWAP+0.184%+0.0100%8h$124.8M$762.5M100xas long as short
MEXC XRP_USDT+0.184%+0.0100%8h$292.8M$742.2M300xas long as short
Paradex XRP-USD-PERP+0.234%+0.0100%8h$470K$54K50xas long as short
Hyperliquid XRP+0.277%+0.0755%1h$265.9M$157.5M20xas long as short