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−0.0055%/8h= −6.1% APRnext payment $0.07 per $10,000 · paid last 24h +0.009%
Price spread now: Kraken Futures against 01 Exchange+0.006%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51490.0080pay 0.0010% / 1h42m 18s$8K$8K10x
ShortKraken Futures PF_XRPUSD1.51500.0025get 0.0003% / 1h42m 18s$14.5M$75.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$11.64
Price spread: +0.006% → 0.000%
$0.55
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$28.09
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago4.29 bp9.7 bp −$1012.2 bp −$12219.5 bp −$1,95146.1 bp −$23.0K
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%1h1.5142−0.046%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5138−0.074%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5130−0.125%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5143−0.039%$245K150xas long as short
Kraken Futures PF_XRPUSDshort+0.0025%1h1.5150+0.006%$14.5M$75.4M50x
Injective XRP/USDC PERP+0.0033%1h1.5560+2.713%$2K$107K30xas long as short
01 Exchange XRPUSDlong+0.0080%1h1.5149long leg$8K$8K10x
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5148−0.007%$7.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S −0.0029%1h1.5143−0.042%$799K200xas long as short
Lighter XRP+0.0096%1h1.5139−0.067%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5142−0.046%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5143−0.040%$13K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5138−0.069%$985K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5143−0.040%$38.4M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5141−0.055%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5144−0.033%$529.8M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5140−0.059%$345.3M$969.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5143−0.040%$127.2M$891.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161+0.079%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5148−0.007%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145−0.026%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5144−0.033%$372.7M$159.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5142−0.046%$299.2M$921.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5144−0.032%$107.4M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5139−0.066%$267.2M$400.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5142−0.046%$106.4Mas long as short
Variational Omni XRP+0.0100%8h1.5118−0.206%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5135−0.092%$657K$114.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.106%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147−0.013%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5148−0.005%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5144−0.033%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5144−0.033%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5141−0.053%$65K$810K50xas long as short
Derive XRP-PERP+0.0100%1h1.5142−0.045%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145−0.026%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148−0.007%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5150+0.006%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5146−0.020%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5146−0.017%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5136−0.089%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5141−0.053%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0158%1h1.5152+0.020%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0159%1h1.5156+0.046%$288.7M$265.0M20xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5161+0.078%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5152+0.020%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0218%8h1.5157+0.053%$1.7M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5139−0.066%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5144−0.033%$23.5M$77.8M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5146−0.019%$522K$795K10xas long as short
Aftermath Perps XRPUSD+0.0563%1h1.5154+0.032%$2K$16K10xas long as short