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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.040%
Price spread now: Deribit against 01 Exchange0.000%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.53190.0072pay 0.0009% / 1h5m 09s$8K$8K10x
ShortDeribit XRP_USDC-PERPETUAL1.53190.0076get 0.0010% / 1h5m 09s$9.3M$24.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against 01 Exchange. 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
$0.84
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$13.16
Costs to cover
0.140%
Break-even
116.7 days
Slippage unknown: 01 Exchange: no order-book sample; Deribit: 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 01 Exchange no order-book sample
Sell Deribit live order book, 4 min ago1.63 bp5.5 bp −$57.2 bp −$7245.0 bp −$4,501doesn't fit
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5315−0.026%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5306−0.088%$1.1M$115K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5312−0.048%$256K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0019% / S +0.0072%1h1.5311−0.053%$840K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.573%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0065%8h1.5316−0.020%$58K$935K50xas long as short
01 Exchange XRPUSDlong+0.0072%1h1.5319long leg$8K$8K10x
Deribit XRP_USDC-PERPETUALshort+0.0076%1h1.53190.000%$9.3M$24.9M50x
Lighter XRP+0.0096%1h1.5316−0.023%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5318−0.007%$513K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5311−0.052%$9K$281K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5316−0.017%$478K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5316−0.016%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5316−0.022%$38.7M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5319−0.003%$630K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5314−0.031%$541.0M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5316−0.020%$341.5M$918.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5313−0.039%$124.4M$866.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5351+0.209%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5318−0.007%$117K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+0.200%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5312−0.046%$374.0M$152.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5315−0.026%$304.0M$916.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5315−0.029%$111.0M$167.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5313−0.039%$268.7M$375.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5316−0.020%$124.9Mas long as short
Variational Omni XRP+0.0100%8h1.5315−0.028%$6.5M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5348+0.190%$666K$106.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5355+0.235%$1.1M$37.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5390+0.463%$1.2M$997K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5316−0.020%$47K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5315−0.026%$41K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5320+0.010%$825K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5318−0.003%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5318−0.007%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5315−0.026%$50.2M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5314−0.033%$54.4M$29.6M50xas long as short
Vest XRP-PERP+0.0100%1h1.5316−0.017%$9K10xas long as short
Extended XRP-USD+0.0104%1h1.5315−0.028%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5315−0.023%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5313−0.041%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5315−0.026%$24.1M$73.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5322+0.020%$5.7M$46.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0244%1h1.5316−0.022%$14.5M$70.3M50xas long as short
Hibachi XRP/USDT-P+0.0304%1h1.5318−0.004%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0307%1h1.5322+0.020%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0323%8h1.53190.000%$2.0M$34.7M2.9xas long as short
Hyperliquid XRP+0.0371%1h1.5326+0.046%$289.2M$215.0M20xas long as short
Phoenix XRP+0.0520%1h1.5330+0.072%$68K$110K15xas long as short
RISEx XRP/USDC+0.0828%1h1.5318−0.003%$542K$773K10xas long as short
Aftermath Perps XRPUSD+0.0845%1h1.5342+0.153%$2K$13K10xas long as short