Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.035%

Price spread now: Aevo against BloFin−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.126%−$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.032% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5209	0.0220	pay 0.0220% / 8h	5h 31m	$24.2M	$75.2M	125x
Short	Aevo XRP-PERP	1.5204	0.0104	get 0.0013% / 1h	31m 05s	$58K	$25K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee AevobpOrdersPrice spread, now −0.032%Rate

Funding earned: −$24.36
Price spread: −0.032% → 0.000%: −$3.25
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$55.61
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 3 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 3 min ago	2.31 bp	8.3 bp −$8	9.0 bp −$90	9.6 bp −$959	15.2 bp −$7,598
Sell Aevo no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5193	−0.105%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5191	−0.121%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5200	−0.056%	$254K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.308%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0034% / S +0.0044%	1h	1.5200	−0.061%	$820K	—	200x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5207	−0.013%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5204	−0.033%	$62K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0079%	1h	1.5210	+0.007%	$7.7M	$25.3M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5210	+0.007%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5211	+0.013%	$514K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5195	−0.092%	$10K	$308K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5202	−0.043%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5221	+0.079%	$282.1M	$221.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5210	+0.008%	$38.6M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5201	−0.052%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5213	+0.025%	$539.3M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5211	+0.013%	$345.3M	$927.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5218	+0.059%	$126.2M	$871.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5156	−0.348%	$565K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5206	−0.020%	$115K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5156	−0.347%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5211	+0.013%	$370.8M	$152.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5211	+0.013%	$294.5M	$897.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5208	−0.007%	$107.2M	$171.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5214	+0.033%	$268.5M	$380.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5214	+0.033%	—	$126.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5198	−0.070%	$5.8M	$36.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5177	−0.213%	$659K	$109.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5189	−0.132%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5161	−0.316%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5198	−0.071%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5206	−0.020%	$42K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5199	−0.066%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5207	−0.011%	$818K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5207	−0.016%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5209	0.000%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5197	−0.078%	$49.8M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5207	−0.013%	$54.1M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5201	−0.050%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5203	−0.039%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERPshort	+0.0104%	1h	1.5204	−0.032%	$58K	$25K	3x
Backpack XRP_USDC_PERP	+0.0208%	1h	1.5222	+0.085%	$1.9M	$1.3M	25x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5198	−0.070%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5214	+0.033%	$5.6M	$46.6M	50x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5209	long leg	$24.2M	$75.2M	125x
Hibachi XRP/USDT-P	+0.0256%	1h	1.5184	−0.164%	$17K	$82K	7x	as long as short
Kraken Futures PF_XRPUSD	+0.0272%	1h	1.5207	−0.011%	$14.5M	$73.1M	50x	as long as short
Kalshi KXXRPPERP	+0.0354%	8h	1.5202	−0.046%	$2.2M	$34.9M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5209	+0.002%	$518K	$776K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	−0.125%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0675%	1h	1.5168	−0.270%	$2K	$14K	10x	as long as short