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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Aevo−0.007%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.52030.0104pay 0.0013% / 1h12m 49s$58K$25K3x
ShortSoDEX XRP-USD1.52020.0100get 0.0013% / 1h12m 49s$28K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.007% → 0.000%
−$0.71
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$25.55
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; SoDEX: live order book, 1 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 SoDEX live order book, 1 min ago0.33 bp4.3 bp −$47.8 bp −$78doesn'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
Hotstuff XRP-PERP−0.0080%1h1.5215+0.078%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5212+0.062%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5204+0.006%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5205+0.014%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0033% / S +0.0038%1h1.5204+0.006%$797K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.348%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5216+0.085%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0076%8h1.5204+0.006%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5205+0.011%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5200−0.020%$514K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5207+0.026%$10K$310K20xas long as short
Nado XRP-PERP+0.0100%1h1.5209+0.041%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5220+0.110%$283.0M$222.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5202−0.008%$38.5M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5221+0.117%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5207+0.023%$537.1M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5209+0.039%$347.0M$929.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5208+0.032%$126.1M$872.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5241+0.249%$567K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5219+0.105%$115K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.131%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5202−0.007%$368.7M$153.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5199−0.027%$295.3M$903.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5199−0.027%$109.0M$171.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5208+0.032%$269.8M$380.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5199−0.027%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5260+0.371%$6.0M$36.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5237+0.222%$662K$108.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5251+0.315%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5246+0.282%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5217+0.092%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5215+0.078%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5208+0.031%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5205+0.013%$818K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5209+0.039%$127K$1.8M30xas long as short
SoDEX XRP-USDshort+0.0100%1h1.5202−0.007%$28K$1.7M10x
HTX XRP-USDT+0.0100%8h1.5204+0.005%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5200−0.020%$54.1M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5217+0.094%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5195−0.056%$2.0M$6.8M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5203long leg$58K$25K3x
Backpack XRP_USDC_PERP+0.0191%1h1.5209+0.039%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5211+0.052%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5210+0.046%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5210+0.046%$5.6M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5201−0.014%$24.3M$75.3M125xas long as short
Kraken Futures PF_XRPUSD+0.0272%1h1.5201−0.014%$14.4M$73.2M50xas long as short
Kalshi KXXRPPERP+0.0347%8h1.5223+0.131%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5220+0.112%$518K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.111%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0668%1h1.5233+0.195%$2K$14K10xas long as short