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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0135%/8h= −14.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.027%
Price spread now: Injective against 01 Exchange+2.436%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 2.436% dearer against 01 Exchange than usual: you sell high and buy low (spread +2.436% now, against zero (this spread has no 7-day history yet)): +$244 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51900.0168pay 0.0021% / 1h20m 15s$8K$8K10x
ShortInjective XRP/USDC PERP1.55600.0033get 0.0004% / 1h20m 15s$2K$107K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$28.28
Price spread: +2.436% → 0.000%
$243.58
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$208.28
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Injective: live order book, 33 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 Injective live order book, 33 min ago46.05 bp46.1 bp −$4659.2 bp −$592doesn't fitdoesn'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%1h1.5188−0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5179−0.074%$1.1M$115K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5184−0.039%$259K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5186−0.026%$7.8M$25.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5181−0.059%$14.5M$74.6M50xas long as short
Injective XRP/USDC PERPshort+0.0033%1h1.5560+2.436%$2K$107K30x
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5184−0.043%$779K200xas long as short
Lighter XRP+0.0096%1h1.5178−0.077%$2.9M$14.7M20xas long as short
Lighter RH XRP+0.0096%1h1.5182−0.053%$496K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5178−0.079%$9K$350K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5185−0.030%$985K$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5181−0.061%$38.8M$85.6M100xas long as short
Pacifica XRP+0.0100%1h1.5181−0.058%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5176−0.090%$535.9M$2.16B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5176−0.092%$345.3M$945.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5188−0.013%$126.6M$884.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5187−0.020%$564K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.51900.000%$138K$720K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164−0.168%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5187−0.020%$373.2M$156.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5184−0.039%$295.7M$906.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5185−0.033%$109.4M$177.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5186−0.026%$269.7M$390.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5183−0.046%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5187−0.021%$4.9M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5162−0.184%$658K$110.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5166−0.160%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5170−0.132%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5182−0.054%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5186−0.026%$46K$478K20xas long as short
Bullet XRP-USD+0.0100%1h1.5183−0.046%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5185−0.033%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5186−0.028%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5184−0.039%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5184−0.039%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5186−0.030%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5180−0.066%$54.0M$31.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5189−0.006%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5179−0.070%$2.0M$6.7M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5183−0.047%$58K$25K3xas long as short
01 Exchange XRPUSDlong+0.0168%1h1.5190long leg$8K$8K10x
Coinbase International XRP-PERP-INTX+0.0184%1h1.5188−0.013%$5.8M$48.0M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5182−0.051%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5181−0.059%$24.2M$75.8M125xas long as short
Backpack XRP_USDC_PERP+0.0258%1h1.5183−0.046%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5191+0.004%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0277%8h1.5186−0.026%$1.9M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0358%1h1.5187−0.021%$517K$776K10xas long as short
Hyperliquid XRP+0.0413%1h1.5196+0.039%$298.8M$251.0M20xas long as short
Phoenix XRP+0.0528%1h1.51900.000%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0644%1h1.5187−0.023%$2K$15K10xas long as short