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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0064%/8h= −7.1% APRnext payment $0.08 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Aevo+0.282%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 7 days+0.082%+$8 on $10k
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 0.282% dearer against Aevo than usual: you sell high and buy low (spread +0.282% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.52470.0104pay 0.0013% / 1h29m 20s$71K$40K3x
ShortInjective XRP/USDC PERP1.52900.0040get 0.0005% / 1h29m 20s$2K$86K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aevo. 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
−$13.52
Price spread: +0.282% → 0.000%
$28.2
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1.34
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Injective: 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 Aevo no order-book sample
Sell Injective no order-book sample
Aevo and Injective: 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
GMX XRP/USD [ETH-USDC]L −0.0210% / S +0.0297%1h1.5244−0.022%$1.7M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5229−0.118%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5233−0.094%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5220−0.177%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5253+0.039%$9.2M$24.0M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5244−0.017%$255K150xas long as short
Injective XRP/USDC PERPshort+0.0040%1h1.5290+0.282%$2K$86K30x
Orderly PERP_XRP_USDC+0.0046%8h1.5243−0.026%$178K$788K50xas long as short
Lighter XRP+0.0096%1h1.5228−0.124%$2.9M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5229−0.118%$442K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5244−0.016%$1.0M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5238−0.057%$38.7M$71.5M100xas long as short
Pacifica XRP+0.0100%1h1.5228−0.123%$663K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.52470.000%$545.4M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5249+0.013%$341.4M$834.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.52470.000%$122.9M$827.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5228−0.125%$566K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5238−0.059%$114K$647K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.301%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5243−0.026%$355.9M$129.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5244−0.020%$289.9M$803.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5244−0.020%$113.1M$147.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5250+0.020%$265.4M$338.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5243−0.026%$113.2Mas long as short
Variational Omni XRP+0.0100%8h1.5205−0.277%$6.2M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202−0.296%$661K$95.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5221−0.171%$1.1M$41.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.282%$1.0M$848K50xas long as short
Vest XRP-PERP+0.0100%1h1.5237−0.066%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5243−0.026%$49K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5242−0.030%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5247−0.002%$821K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5248+0.009%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5248+0.007%$27K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5234−0.084%$50.1M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5226−0.138%$54.4M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5226−0.137%$475K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5241−0.039%$11K$235K20xas long as short
Extended XRP-USD+0.0104%1h1.5246−0.004%$2.1M$7.1M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5247long leg$71K$40K3x
Backpack XRP_USDC_PERP+0.0122%1h1.5239−0.052%$1.7M$915K25xas long as short
01 Exchange XRPUSD+0.0136%1h1.5240−0.046%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0171%1h1.5251+0.025%$15.3M$63.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5226−0.138%$5.4M$43.2M50xas long as short
Kalshi KXXRPPERP+0.0207%8h1.5235−0.079%$1.7M$31.5M2.9xas long as short
Reya XRPRUSDPERP+0.0210%1h1.5244−0.020%$1.3M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207−0.262%$23.8M$66.3M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5206−0.268%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5244−0.022%$404K$496K10xas long as short
Hyperliquid XRP+0.0449%1h1.5262+0.098%$279.6M$180.9M20xas long as short
Aftermath Perps XRPUSD+0.0546%1h1.5235−0.079%$1K$11K10xas long as short