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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against SunX−0.027%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.027%, 7d avg −0.036%
Together, before fees−0.005%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.50900.0100pay 0.0100% / 8h5h 55m$126K$1.8M30x
ShortBingX XRP-USDC1.50860.0100get 0.0100% / 8h5h 55m$4.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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: −0.027% → −0.036%
$0.95
Slippage, 4 orders
−$46.12
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$63.18
Costs to cover
0.641%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; BingX: live order book, 10 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 SunX live order book, 10 min ago17.61 bp21.6 bp −$2226.1 bp −$261doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago0.33 bp6.9 bp −$710.6 bp −$10624.0 bp −$2,40464.3 bp −$32.1K

XRP on 50 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%1h1.5107+0.113%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5089−0.006%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5130+0.265%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5083−0.049%$252K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0025% / S +0.0051%1h1.5082−0.054%$797K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.115%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5086−0.027%$61K$935K50xas long as short
Lighter XRP+0.0096%1h1.5098+0.056%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5095+0.033%$508K$3.2M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5086−0.027%$8K$8K10xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5079−0.073%$9K$305K20xas long as short
Nado XRP-PERP+0.0100%1h1.5082−0.050%$975K$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5091+0.007%$278.8M$221.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5085−0.034%$38.2M$82.9M100xas long as short
Pacifica XRP+0.0100%1h1.5095+0.030%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5097+0.049%$535.0M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5103+0.086%$341.0M$924.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5109+0.126%$124.6M$861.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5116+0.172%$561K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5095+0.033%$114K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5087−0.023%$1.6M$161K20xas long as short
Gate XRP_USDT+0.0100%8h1.5085−0.033%$367.2M$150.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5106+0.106%$292.1M$891.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5081−0.058%$106.2M$170.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5089−0.007%$265.9M$379.2M125xas long as short
BingX XRP-USDCshort+0.0100%8h1.5086−0.027%$4.1M
Variational Omni XRP+0.0100%8h1.5143+0.351%$6.1M$35.9Mas long as short
edgeX XRPUSDC+0.0100%4h1.5088−0.010%$655K$108.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5115+0.165%$1.1M$35.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5094+0.027%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5095+0.032%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5086−0.027%$41K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5087−0.020%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5089−0.003%$812K$75K10xas long as short
SunX XRP-USDTlong+0.0100%8h1.5090long leg$126K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5091+0.007%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5093+0.021%$49.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5097+0.046%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5092+0.016%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5089−0.006%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5087−0.021%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0148%1h1.5094+0.027%$7.7M$25.1M50xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5081−0.058%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5092+0.013%$5.6M$46.2M50xas long as short
Backpack XRP_USDC_PERP+0.0250%1h1.5129+0.258%$1.9M$1.3M25xas long as short
Kraken Futures PF_XRPUSD+0.0274%1h1.5090−0.002%$14.4M$72.8M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5139+0.327%$17K$81K7xas long as short
Kalshi KXXRPPERP+0.0356%8h1.5103+0.086%$2.1M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5094+0.024%$525K$787K10xas long as short
Aftermath Perps XRPUSD+0.0757%1h1.5116+0.175%$2K$14K10xas long as short