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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.009%
Price spread now: edgeX against dYdX+0.148%51s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.750% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days−0.097%−$10 · spread now +0.148%, 7d avg −0.029%
Together, before fees−0.058%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.177% dearer against dYdX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.52080get 0.0000% / 1h38m 04s$1.1M$148K10x
ShortedgeX XRPUSDC1.52310.0100get 0.0050% / 4h38m 04s$662K$113.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against dYdX. 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
Price spread: +0.148% → −0.029%
$17.74
Slippage, 4 orders
−$55.96
Fee dYdX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$36.23
Costs to cover
0.750%
Break-even
19.1 days
Slippage from dYdX: live order book, 1 min ago; edgeX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 1 min ago27.00 bp32.0 bp −$3232.0 bp −$32037.3 bp −$3,731161.0 bp −$80.5K
Sell edgeX live order book, 6 min ago0.99 bp5.5 bp −$55.6 bp −$568.7 bp −$866doesn't fit

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%1h1.5212+0.023%$5K$3K20xas long as short
dYdX XRP-USDlong0.0000%1h1.5208long leg$1.1M$148K10x
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5197−0.075%$7.8M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5192−0.108%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.311%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5189−0.129%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5191−0.113%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5193−0.102%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5196−0.082%$17K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5191−0.114%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5193−0.099%$38.5M$87.0M100xas long as short
Pacifica XRP+0.0100%1h1.5213+0.027%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5192−0.108%$532.2M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5190−0.122%$349.8M$955.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5194−0.095%$128.2M$870.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.102%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5208−0.003%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190−0.122%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5188−0.135%$378.7M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5189−0.128%$314.9M$921.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5193−0.102%$106.4M$183.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5188−0.135%$268.6M$391.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5186−0.148%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.112%$5.0M$38.7Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5231+0.148%$662K$113.4M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5233+0.164%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.201%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5202−0.044%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5196−0.082%$51K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192−0.108%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5193−0.102%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5195−0.086%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5196−0.079%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189−0.128%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5197−0.075%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5191−0.115%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5213+0.030%$474K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0060%1h1.5192−0.109%$784K200xas long as short
Extended XRP-USD+0.0104%1h1.5182−0.171%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5201−0.049%$9K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5191−0.118%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5216+0.052%$17K$78K7xas long as short
Hyperliquid XRP+0.0136%1h1.5202−0.042%$290.0M$267.6M20xas long as short
Backpack XRP_USDC_PERP+0.0157%1h1.5198−0.069%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5195−0.089%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0195%8h1.5202−0.043%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5189−0.127%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207−0.010%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5204−0.027%$522K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5240+0.207%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0643%1h1.5224+0.099%$2K$16K10xas long as short