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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0233%/8h= +25.5% APRnext payment +$0.29 per $10,000 · paid last 24h +0.114%
Price spread now: RISEx against Aevo−0.335%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. RISEx is 0.335% cheaper against Aevo than usual: you would sell low and buy high (spread −0.335% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 4.8 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.52100.0104pay 0.0013% / 1h33m 31s$58K$25K3x
ShortRISEx XRP/USDC1.51590.0337get 0.0042% / 1h33m 31s$519K$788K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$48.83
Price spread: −0.335% → 0.000%
−$33.48
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$6.65
Costs to cover
0.220%
Break-even
8.0 days
Slippage unknown: Aevo: no order-book sample; RISEx: live order book, 65 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 RISEx live order book, 65 min ago2.90 bp5.9 bp −$610.6 bp −$106doesn't fitdoesn'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
Kraken Futures PF_XRPUSD−0.0172%1h1.5197−0.082%$14.7M$74.9M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5155−0.359%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5164−0.299%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170−0.261%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5198−0.077%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5210+0.002%$7.7M$23.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.303%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5197−0.083%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5158−0.342%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5162−0.313%$618K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5152−0.379%$20K$381K20xas long as short
Nado XRP-PERP+0.0100%1h1.5156−0.350%$991K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5156−0.353%$38.4M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5158−0.340%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5156−0.353%$528.3M$2.17B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5154−0.366%$353.3M$939.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5159−0.333%$126.3M$848.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175−0.228%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5160−0.327%$143K$708K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.057%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5154−0.366%$373.6M$153.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5160−0.327%$311.5M$916.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5159−0.333%$105.9M$183.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5157−0.346%$268.2M$381.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5154−0.366%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5200−0.064%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5198−0.077%$660K$112.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5198−0.077%$1.1M$33.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5222+0.081%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5172−0.246%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5162−0.313%$52K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5163−0.305%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5211+0.009%$77K$648K50xas long as short
Derive XRP-PERP+0.0100%1h1.5208−0.013%$818K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5195−0.095%$127K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5197−0.083%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5198−0.076%$49.6M$15.0M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196−0.090%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5160−0.326%$473K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5149−0.401%$2.1M$6.7M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5210long leg$58K$25K3x
01 Exchange XRPUSD+0.0112%1h1.5155−0.359%$8K$2K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0118% / S −0.0084%1h1.5197−0.086%$787K200xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5205−0.031%$5.4M$47.8M50xas long as short
Kalshi KXXRPPERP+0.0171%8h1.5216+0.042%$1.7M$33.2M2.9xas long as short
Hyperliquid XRP+0.0184%1h1.5171−0.254%$289.7M$267.6M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5196−0.090%$23.7M$77.6M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5186−0.154%$1.3M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0225%1h1.5202−0.050%$2.0M$1.4M25xas long as short
RISEx XRP/USDCshort+0.0337%1h1.5159−0.335%$519K$788K10x
Aftermath Perps XRPUSD+0.0555%1h1.5198−0.075%$2K$16K10xas long as short