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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0396%/8h= +43.3% APRnext payment +$0.49 per $10,000 · paid last 24h +0.107%
Price spread now: RISEx against 01 Exchange+0.030%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
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and RISEx is 0.030% dearer against 01 Exchange than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51430.0088pay 0.0011% / 1h51m 28s$8K$8K10x
ShortRISEx XRP/USDC1.51480.0484get 0.0060% / 1h51m 28s$527K$787K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$83.1
Price spread: +0.030% → 0.000%
$3.04
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$73.13
Costs to cover
0.130%
Break-even
0.8 days
Slippage unknown: 01 Exchange: no order-book sample; RISEx: live order book, 12 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 RISEx live order book, 12 min ago0.73 bp3.7 bp −$47.1 bp −$71doesn'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 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%1h1.5127−0.106%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5129−0.094%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5119−0.158%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0026% / S +0.0050%1h1.5122−0.140%$799K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.754%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0075%8h1.5118−0.165%$62K$935K50xas long as short
01 Exchange XRPUSDlong+0.0088%1h1.5143long leg$8K$8K10x
Lighter XRP+0.0096%1h1.5140−0.018%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5140−0.020%$509K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5132−0.073%$9K$305K20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5135−0.052%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5148+0.033%$280.1M$220.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5140−0.022%$38.4M$83.0M100xas long as short
Pacifica XRP+0.0100%1h1.5140−0.020%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5147+0.028%$537.1M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5147+0.026%$342.6M$924.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5151+0.053%$125.0M$863.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5113−0.198%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.51430.000%$114K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5087−0.373%$1.6M$161K20xas long as short
Gate XRP_USDT+0.0100%8h1.5140−0.020%$369.9M$150.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5137−0.040%$293.6M$891.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5136−0.044%$106.6M$170.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5147+0.026%$266.9M$379.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5135−0.053%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.51430.000%$6.1M$35.9Mas long as short
edgeX XRPUSDC+0.0100%4h1.5102−0.269%$657K$108.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131−0.077%$1.1M$35.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5108−0.231%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5143−0.003%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5148+0.033%$41K$447K20xas long as short
Bullet XRP-USD+0.0100%1h1.5129−0.092%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5123−0.132%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5131−0.079%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5126−0.112%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5123−0.131%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5128−0.099%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5137−0.037%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5136−0.048%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5121−0.147%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5128−0.099%$7.7M$25.1M50xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5146+0.018%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5130−0.086%$5.6M$46.3M50xas long as short
Backpack XRP_USDC_PERP+0.0244%1h1.5136−0.046%$1.9M$1.3M25xas long as short
Kraken Futures PF_XRPUSD+0.0274%1h1.5123−0.131%$14.5M$72.8M50xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5118−0.166%$17K$81K7xas long as short
Kalshi KXXRPPERP+0.0356%8h1.5133−0.066%$2.1M$34.9M2.9xas long as short
RISEx XRP/USDCshort+0.0484%1h1.5148+0.030%$527K$787K10x
Phoenix XRP+0.0528%1h1.5100−0.284%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0723%1h1.5118−0.164%$2K$14K10xas long as short