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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.094%
Price spread now: GMX against 01 Exchange−0.039%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.039% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.52390.0112pay 0.0014% / 1h20m 17s$9K$2K10x
ShortGMX XRP/USD [ETH-USDC]1.5233L +0.0087% / S −0.0040%get 0.0005% / 1h20m 17s$786K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$15.14
Price spread: −0.039% → 0.000%
−$3.94
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
−$38.07
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
01 Exchange and GMX: 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 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%1h1.5209−0.197%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5232−0.047%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5200−0.256%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5212−0.179%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5238−0.006%$14.5M$75.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.106%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5241+0.013%$7.8M$24.7M50xas long as short
GMX XRP/USD [ETH-USDC]shortL +0.0087% / S −0.0040%1h1.5233−0.039%$786K200x
Lighter XRP+0.0096%1h1.52390.000%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.52390.000%$548K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5226−0.085%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5233−0.036%$992K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5237−0.016%$38.7M$87.9M100xas long as short
Pacifica XRP+0.0100%1h1.5227−0.082%$619K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5237−0.012%$534.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5224−0.098%$347.1M$964.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5226−0.085%$128.0M$884.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196−0.282%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5242+0.020%$145K$716K20xas long as short
Gate XRP_USDT+0.0100%8h1.5234−0.033%$378.4M$160.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5233−0.039%$306.2M$929.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5240+0.005%$107.9M$182.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5236−0.020%$269.4M$397.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5232−0.046%$105.8Mas long as short
Variational Omni XRP+0.0100%8h1.5198−0.270%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5194−0.292%$660K$113.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5199−0.266%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5193−0.302%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5236−0.019%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5240+0.007%$66K$507K20xas long as short
Bullet XRP-USD+0.0100%1h1.5232−0.043%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5233−0.039%$65K$747K50xas long as short
SunX XRP-USDT+0.0100%8h1.5237−0.011%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5237−0.013%$31K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5232−0.048%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5231−0.052%$54.5M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5206−0.217%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5232−0.045%$475K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5229−0.064%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5234−0.032%$59K$25K3xas long as short
01 Exchange XRPUSDlong+0.0112%1h1.5239long leg$9K$2K10x
Hibachi XRP/USDT-P+0.0144%1h1.5195−0.290%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5242+0.020%$5.7M$48.5M50xas long as short
Backpack XRP_USDC_PERP+0.0184%1h1.5221−0.118%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0210%1h1.5250+0.072%$290.2M$264.9M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5236−0.019%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5214−0.164%$23.6M$78.1M125xas long as short
Kalshi KXXRPPERP+0.0223%8h1.5233−0.039%$1.7M$35.3M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5239+0.002%$533K$802K10xas long as short
Aftermath Perps XRPUSD+0.0645%1h1.5208−0.202%$2K$16K10xas long as short