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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Variational Omni−0.135%7-day average +0.011% · 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)−0.097%−$10 on $10k
Price spread, last 4 days (all we have)+0.473%+$47 · spread now −0.135%, 7d avg +0.011%
Together, before fees+0.376%+ Points / potential airdropVariational Omni: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.146% cheaper against Variational Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XRP1.51280.0100pay 0.0100% / 8h2h 49m$4.8M$38.3M
ShortgTrade (Gains Network) XRP/USD1.5107L +0.0003% / S −0.0004%get 0.0001% / 1h49m 22s$258K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.1
Price spread: −0.135% → +0.011%
−$14.64
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$44.74
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 65 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, 5 min ago2.05 bpdoesn't fit2.6 bp −$2617.5 bp −$1,748doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 65 min ago130.04 bp135.0 bp −$135193.2 bp −$1,9321958.1 bp −$195.8Kdoesn'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%1h1.5108−0.131%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5101−0.177%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5114−0.092%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5120−0.052%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5109−0.125%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDshortL +0.0003% / S −0.0004%1h1.5107−0.135%$258K150x
Injective XRP/USDC PERP+0.0033%1h1.5560+2.857%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5111−0.111%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5107−0.141%$792K200xas long as short
Lighter XRP+0.0096%1h1.5112−0.104%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5115−0.085%$497K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5103−0.164%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5109−0.128%$938K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5119−0.059%$290.7M$258.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5106−0.144%$38.7M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5113−0.098%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5105−0.149%$531.4M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5106−0.144%$342.1M$950.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5109−0.125%$125.2M$888.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5107−0.138%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5114−0.092%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114−0.092%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5108−0.131%$372.1M$155.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5107−0.138%$295.7M$904.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5109−0.128%$107.7M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5106−0.144%$268.2M$392.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5109−0.125%$105.2Mas long as short
Variational Omni XRPlong+0.0100%8h1.5128long leg$4.8M$38.3M
edgeX XRPUSDC+0.0100%4h1.5106−0.145%$656K$111.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.020%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124−0.025%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5111−0.114%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5111−0.111%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5105−0.151%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5106−0.144%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5105−0.152%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5115−0.082%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5101−0.178%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5115−0.088%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5107−0.138%$53.8M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5112−0.105%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5100−0.182%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5104−0.158%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0152%8h1.5136+0.054%$1.8M$35.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5115−0.085%$5.7M$48.2M50xas long as short
Backpack XRP_USDC_PERP+0.0202%1h1.5115−0.085%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5105−0.150%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5130+0.014%$24.1M$76.0M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5124−0.026%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5113−0.099%$515K$777K10xas long as short
Aftermath Perps XRPUSD+0.0625%1h1.5120−0.053%$2K$15K10xas long as short