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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h −0.021%
Price spread now: Aevo against Coinbase International−0.062%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 7 days+0.020%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.062% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XRP-PERP-INTX1.53020.0192pay 0.0024% / 1h26m 54s$5.4M$43.4M50x
ShortAevo XRP-PERP1.52930.0104get 0.0013% / 1h26m 54s$71K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
−$18.48
Price spread: −0.062% → 0.000%
−$6.18
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$50.66
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago0.98 bp6.9 bp −$79.9 bp −$9920.7 bp −$2,065doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX XRP/USD [ETH-USDC]L −0.0210% / S +0.0297%1h1.5280−0.142%$1.7M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5265−0.242%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5266−0.232%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5250−0.340%$68K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5281−0.135%$256K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5301−0.007%$9.2M$24.0M50xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.078%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0046%8h1.5282−0.131%$178K$788K50xas long as short
Lighter XRP+0.0096%1h1.5307+0.033%$3.0M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5299−0.020%$444K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5269−0.212%$1.0M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5312+0.065%$38.9M$71.5M100xas long as short
Pacifica XRP+0.0100%1h1.5275−0.175%$665K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5310+0.052%$547.6M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5313+0.072%$342.8M$834.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5314+0.078%$123.6M$831.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5228−0.484%$566K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5278−0.157%$114K$647K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.659%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5306+0.026%$365.1M$130.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5309+0.046%$289.6M$804.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5309+0.046%$113.5M$147.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5318+0.105%$266.7M$338.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5308+0.039%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5205−0.635%$6.2M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202−0.654%$661K$95.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5221−0.530%$1.1M$41.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.640%$1.0M$848K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5281−0.137%$49K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5277−0.163%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5285−0.108%$823K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5259−0.279%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5295−0.046%$28K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5275−0.178%$50.3M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5304+0.013%$54.7M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5274−0.180%$476K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5269−0.216%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5277−0.163%$11K$235K20xas long as short
Extended XRP-USD+0.0104%1h1.5308+0.038%$2.1M$7.1M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5293−0.062%$71K$40K3x
01 Exchange XRPUSD+0.0136%1h1.5278−0.157%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0143%1h1.5321+0.124%$1.7M$919K25xas long as short
Kraken Futures PF_XRPUSD+0.0170%1h1.5296−0.036%$15.3M$63.3M50xas long as short
Coinbase International XRP-PERP-INTXlong+0.0192%1h1.5302long leg$5.4M$43.4M50x
Kalshi KXXRPPERP+0.0208%8h1.5297−0.033%$1.7M$31.5M2.9xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5276−0.169%$1.4M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5299−0.020%$23.9M$66.7M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5249−0.346%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5282−0.131%$405K$496K10xas long as short
Hyperliquid XRP+0.0462%1h1.5329+0.176%$281.7M$181.7M20xas long as short
Aftermath Perps XRPUSD+0.0538%1h1.5243−0.383%$1K$11K10xas long as short