Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.033%

Price spread now: Aevo against edgeX+0.277%7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.277% dearer against edgeX than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XRPUSDC	1.5123	0.0100	pay 0.0050% / 4h	1h 34m	$657K	$109.1M	30x
Short	Aevo XRP-PERP	1.5165	0.0104	get 0.0013% / 1h	34m 35s	$58K	$25K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now +0.277%Rate

Funding earned: $0.84
Price spread: +0.277% → 0.000%: $27.67
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: $3.51
Costs to cover: 0.250%
Break-even: from the start

Slippage unknown: edgeX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 5 min ago	0.99 bp	5.5 bp −$5	5.7 bp −$57	8.8 bp −$884	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5161	+0.253%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5153	+0.203%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5163	+0.265%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0033% / S +0.0045%	1h	1.5163	+0.264%	$818K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.891%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5163	+0.266%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5166	+0.286%	$62K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5169	+0.306%	$7.7M	$25.4M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5156	+0.220%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5153	+0.200%	$512K	$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	1.5154	+0.207%	$10K	$308K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5162	+0.263%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5162	+0.260%	$280.8M	$220.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5171	+0.317%	$38.5M	$83.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5155	+0.212%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5158	+0.231%	$537.3M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5158	+0.233%	$343.9M	$925.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5159	+0.240%	$125.5M	$867.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5112	−0.071%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5162	+0.260%	$115K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5156	+0.221%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5157	+0.226%	$369.6M	$151.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5158	+0.233%	$294.3M	$896.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5153	+0.199%	$106.7M	$171.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5155	+0.213%	$266.8M	$380.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5157	+0.226%	—	$126.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5151	+0.184%	$5.7M	$36.3M	—	as long as short
edgeX XRPUSDClong	+0.0100%	4h	1.5123	long leg	$657K	$109.1M	30x
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5134	+0.074%	$1.1M	$35.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5125	+0.015%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5158	+0.232%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5166	+0.286%	$42K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5165	+0.279%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5170	+0.311%	$816K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5171	+0.316%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5167	+0.293%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5165	+0.282%	$49.7M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5167	+0.293%	$53.9M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5160	+0.246%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5153	+0.202%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERPshort	+0.0104%	1h	1.5165	+0.277%	$58K	$25K	3x
Backpack XRP_USDC_PERP	+0.0204%	1h	1.5175	+0.345%	$1.9M	$1.3M	25x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5165	+0.280%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5170	+0.312%	$5.6M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5161	+0.253%	$24.3M	$74.9M	125x	as long as short
Kraken Futures PF_XRPUSD	+0.0273%	1h	1.5165	+0.277%	$14.5M	$73.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5131	+0.057%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0352%	8h	1.5168	+0.299%	$2.2M	$34.9M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5167	+0.290%	$516K	$776K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5130	+0.048%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0698%	1h	1.5138	+0.102%	$2K	$14K	10x	as long as short