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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Variational Omni−0.097%56s7-day average +0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.103%+$10 on $10k
Price spread, last 4 days (all we have)+0.308%+$31 · spread now −0.097%, 7d avg +0.027%
Together, before fees+0.412%+ Points / potential airdropVariational Omni: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.124% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.027%). If the spread goes back, that is −$12 on $10k: about 3.4 days of funding at the current rate (+$4 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XRP1.51670.0100pay 0.0100% / 8h4h 16m$5.1M$37.7M
ShortBloFin XRP-USDT1.51520.0220get 0.0220% / 8h4h 16m$24.2M$76.1M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$25.2
Price spread: −0.097% → +0.027%
−$12.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$0.84
Costs to cover
0.120%
Break-even
6.8 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BloFin: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago2.05 bpdoesn't fit2.5 bp −$2513.3 bp −$1,333doesn't fit
Sell BloFin live order book, 3 min ago0.33 bp7.0 bp −$77.3 bp −$739.5 bp −$94917.6 bp −$8,800

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%1h1.5143−0.156%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5135−0.209%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5141−0.168%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5150−0.110%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5140−0.176%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5136−0.202%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.593%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0044% / S +0.0023%1h1.5134−0.213%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0088%8h1.5135−0.209%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5138−0.192%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5139−0.183%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5137−0.196%$11K$329K20xas long as short
Nado XRP-PERP+0.0100%1h1.5138−0.191%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5152−0.097%$280.3M$227.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5142−0.163%$38.3M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5143−0.156%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5137−0.196%$533.9M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5140−0.176%$346.8M$934.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5140−0.176%$126.0M$873.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5132−0.229%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5144−0.150%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174+0.049%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5137−0.196%$368.9M$154.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5133−0.222%$290.1M$901.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5141−0.171%$108.0M$174.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5137−0.196%$267.9M$384.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5135−0.209%$4.2Mas long as short
Variational Omni XRPlong+0.0100%8h1.5167long leg$5.1M$37.7M
edgeX XRPUSDC+0.0100%4h1.5159−0.050%$660K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5139−0.184%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5164−0.018%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5139−0.183%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5134−0.217%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5139−0.184%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5147−0.128%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5138−0.189%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5137−0.192%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5137−0.196%$53.9M$30.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5142−0.164%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5142−0.165%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5135−0.206%$2.0M$6.8M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5146−0.136%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5137−0.198%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0180%1h1.5162−0.031%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5140−0.176%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5150−0.108%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5136−0.201%$1.3M$7K15xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5152−0.097%$24.2M$76.1M125x
Kalshi KXXRPPERP+0.0315%8h1.5146−0.136%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5147−0.133%$516K$774K10xas long as short
Aftermath Perps XRPUSD+0.0669%1h1.5158−0.057%$2K$15K10xas long as short