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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Nado against Aevo−0.137%50s7-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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.137% cheaper against Aevo than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.53490.0104pay 0.0013% / 1h6m 30s$59K$25K3x
ShortNado XRP-PERP1.53280.0100get 0.0012% / 1h6m 30s$1.0M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$0.84
Price spread: −0.137% → 0.000%
−$13.66
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$37.5
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Nado: 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 Aevo no order-book sample
Sell Nado live order book, 2 min ago0.33 bp4.8 bp −$510.2 bp −$10238.8 bp −$3,878doesn't fit
Aevo: 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%1h1.5344−0.036%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5322−0.182%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5346−0.025%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0018% / S +0.0072%1h1.5345−0.031%$841K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.372%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0064%8h1.5351+0.010%$58K$935K50xas long as short
01 Exchange XRPUSD+0.0072%1h1.5313−0.238%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5340−0.061%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5325−0.159%$514K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5319−0.198%$9K$281K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERP+0.0100%8h1.5321−0.185%$478K$55K50xas long as short
Nado XRP-PERPshort+0.0100%1h1.5328−0.137%$1.0M$5.5M20x
Aster XRPUSDT+0.0100%8h1.5336−0.086%$38.7M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5327−0.147%$631K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5318−0.205%$541.2M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5318−0.205%$341.5M$918.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5316−0.218%$124.4M$866.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5351+0.010%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5323−0.172%$117K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+0.001%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5318−0.205%$373.9M$151.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5319−0.198%$303.9M$915.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5329−0.137%$111.1M$167.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5319−0.198%$268.6M$375.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5317−0.211%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5354+0.029%$6.5M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5376+0.173%$668K$106.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5355+0.036%$1.1M$37.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5390+0.264%$1.2M$997K50xas long as short
Vest XRP-PERP+0.0100%1h1.5348−0.008%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5349−0.003%$47K$447K20xas long as short
Bullet XRP-USD+0.0100%1h1.5350+0.002%$41K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5354+0.031%$827K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5357+0.052%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5351+0.010%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5349−0.003%$50.3M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5351+0.010%$54.6M$29.6M50xas long as short
Extended XRP-USD+0.0104%1h1.5316−0.220%$2.1M$7.1M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5349long leg$59K$25K3x
Deribit XRP_USDC-PERPETUAL+0.0141%1h1.5352+0.017%$9.3M$24.9M50xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5343−0.041%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5355+0.036%$24.1M$74.0M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5358+0.056%$5.7M$46.7M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5351+0.008%$14.5M$70.3M50xas long as short
Backpack XRP_USDC_PERP+0.0312%1h1.5359+0.062%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5374+0.160%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0322%8h1.5360+0.069%$2.0M$34.7M2.9xas long as short
Hyperliquid XRP+0.0375%1h1.5347−0.016%$290.2M$214.5M20xas long as short
Phoenix XRP+0.0520%1h1.5360+0.069%$68K$110K15xas long as short
RISEx XRP/USDC+0.0828%1h1.5322−0.178%$542K$773K10xas long as short
Aftermath Perps XRPUSD+0.0833%1h1.5354+0.029%$2K$13K10xas long as short