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+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.024%
Price spread now: Aevo against Deribit−0.042%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−0.053%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.042% cheaper against Deribit than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit XRP_USDC-PERPETUAL1.54400get 0.0000% / 1h9m 22s$7.9M$22.5M50x
ShortAevo XRP-PERP1.54330.0104get 0.0013% / 1h9m 22s$59K$25K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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
$21.84
Price spread: −0.042% → 0.000%
−$4.21
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$5.37
Costs to cover
0.230%
Break-even
8.7 days
Slippage unknown: Deribit: live order book, 5 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 Deribit live order book, 5 min ago1.63 bp5.4 bp −$58.3 bp −$83doesn't fitdoesn'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 50 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−0.0169%1h1.5436−0.024%$14.1M$74.9M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5419−0.136%$5K$3K20xas long as short
Phoenix XRP0.0000%1h1.5410−0.194%$69K$110K15xas long as short
Deribit XRP_USDC-PERPETUALlong0.0000%1h1.5440long leg$7.9M$22.5M50x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5430−0.065%$250K150xas long as short
dYdX XRP-USD+0.0006%1h1.5407−0.214%$1.1M$123K10xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.777%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5415−0.162%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5405−0.225%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5435−0.031%$2.8M$14.8M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5435−0.032%$625K$3.1M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5407−0.214%$20K$378K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5426−0.094%$481K$52K50xas long as short
Nado XRP-PERP+0.0100%1h1.5407−0.210%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5431−0.056%$39.1M$82.6M100xas long as short
Pacifica XRP+0.0100%1h1.5412−0.180%$624K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5432−0.051%$538.2M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5427−0.084%$360.2M$907.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5429−0.071%$126.5M$842.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5373−0.434%$564K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5420−0.130%$162K$702K20xas long as short
Bulk XRP-USD+0.0100%1h1.5316−0.804%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5423−0.110%$379.0M$157.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5420−0.130%$311.4M$933.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5421−0.121%$109.1M$180.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5433−0.045%$274.5M$360.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5426−0.091%$106.7Mas long as short
Variational Omni XRP+0.0100%8h1.5396−0.285%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5375−0.421%$668K$113.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5399−0.263%$1.1M$32.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5347−0.602%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5420−0.131%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5420−0.130%$53K$502K20xas long as short
Bullet XRP-USD+0.0100%1h1.5421−0.123%$41K$66K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5428−0.078%$78K$646K50xas long as short
SunX XRP-USDT+0.0100%8h1.5441+0.007%$130K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5435−0.032%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5433−0.047%$50.3M$14.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5429−0.071%$54.8M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5430−0.062%$2.1M$6.2M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5433−0.042%$59K$25K3x
GMX XRP/USD [ETH-USDC]L +0.0139% / S −0.0103%1h1.5430−0.068%$816K200xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5433−0.045%$5.3M$46.6M50xas long as short
Kalshi KXXRPPERP+0.0173%8h1.5428−0.078%$1.8M$32.7M2.9xas long as short
Hyperliquid XRP+0.0185%1h1.5436−0.026%$296.1M$264.0M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5425−0.097%$23.8M$78.5M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5417−0.148%$1.4M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0232%1h1.5419−0.136%$2.0M$1.3M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5415−0.164%$528K$783K10xas long as short
Aftermath Perps XRPUSD+0.0510%1h1.5362−0.503%$3K$15K10xas long as short