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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.029%
Price spread now: Coinbase International against Variational Omni+0.179%7-day average +0.041% · you sell dearer than you buy
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 4 days (all we have)+0.053%+$5 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.179%, 7d avg +0.041%
Together, before fees+0.094%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.139% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XRP1.52730.0100pay 0.0100% / 8h5h 08m$4.9M$38.0M
ShortCoinbase International XRP-PERP-INTX1.53000.0112get 0.0014% / 1h8m 06s$5.5M$42.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$2.52
Price spread: +0.179% → +0.041%
$13.87
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$6.39
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago2.03 bpdoesn't fit2.0 bp −$209.9 bp −$994doesn't fit
Sell Coinbase International live order book, 4 min ago0.33 bp6.8 bp −$710.0 bp −$10024.9 bp −$2,494doesn't fit

XRP on 50 exchanges

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%1h1.5395+0.801%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5302+0.195%$13.8M$69.3M50xas long as short
dYdX XRP-USD0.0000%1h1.5299+0.172%$1.1M$154K10xas long as short
01 Exchange XRPUSD0.0000%1h1.5294+0.140%$9K$98710xas long as short
Phoenix XRP0.0000%1h1.5290+0.114%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5302+0.192%$7.6M$20.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5296+0.154%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.882%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5283+0.068%$17K$70K7xas long as short
Lighter XRP+0.0096%1h1.5301+0.186%$2.7M$14.2M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5305+0.212%$598K$3.2M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5303+0.198%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5285+0.081%$10K$410K20xas long as short
Nado XRP-PERP+0.0100%1h1.5296+0.156%$839K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5311+0.251%$296.7M$263.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5300+0.179%$38.9M$79.8M100xas long as short
Pacifica XRP+0.0100%1h1.5301+0.188%$588K$987K20xas long as short
Binance XRPUSDT+0.0100%8h1.5302+0.192%$532.1M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5300+0.179%$360.7M$860.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5303+0.199%$124.3M$822.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5267−0.037%$561K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5298+0.166%$163K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5282+0.062%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5298+0.166%$376.9M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5299+0.173%$311.7M$907.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5299+0.172%$104.8M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5302+0.192%$271.0M$350.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5297+0.160%$98.0Mas long as short
Variational Omni XRPlong+0.0100%8h1.5273long leg$4.9M$38.0M
edgeX XRPUSDC+0.0100%4h1.5282+0.060%$664K$106.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5278+0.034%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5282+0.062%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5296+0.156%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5295+0.147%$52K$470K20xas long as short
Bullet XRP-USD+0.0100%1h1.5296+0.156%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5299+0.173%$83K$601K50xas long as short
SunX XRP-USDT+0.0100%8h1.5303+0.198%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5299+0.173%$32K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5290+0.115%$49.8M$13.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5298+0.166%$54.6M$33.1M50xas long as short
Extended XRP-USD+0.0104%1h1.5298+0.164%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5295+0.146%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTXshort+0.0112%1h1.5300+0.179%$5.5M$42.6M50x
Kalshi KXXRPPERP+0.0117%8h1.5303+0.199%$1.9M$35.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0150%1h1.5308+0.232%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5289+0.107%$23.7M$77.4M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5295+0.144%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5303+0.198%$505K$723K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0241% / S −0.0459%1h1.5279+0.042%$883K200xas long as short
Aftermath Perps XRPUSD+0.0364%1h1.5291+0.122%$3K$13K10xas long as short