Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.055%
Price spread now: Backpack against edgeX−0.077%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$220.223% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 7 days−0.539%−$54 · spread now −0.077%, 7d avg −0.061%
=Together, before fees−0.342%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XRPUSDC | 1.5204 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $661K | $95.1M | 30x |
| Short | Backpack XRP_USDC_PERP | 1.5192 | 0.0100 | get 0.0013% / 1h | 44m 38s | $1.7M | $923K | 25x |
edgeX XRPUSDC
Backpack XRP_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.077% → −0.061%
- −$1.62
- Slippage, 4 orders
- −$3.29
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$23.91
- Costs to cover
- 0.223%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; Backpack: live order book, 4 min ago.
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, 4 min ago | 1.32 bp | 5.8 bp −$6 | 5.9 bp −$59 | 9.9 bp −$994 | doesn't fit |
| Sell Backpack live order book, 4 min ago | 0.33 bp | 5.3 bp −$5 | 7.3 bp −$73 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0211% / S +0.0297% | 1h | 1.5201 | −0.018% | $1.6M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5190 | −0.090% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5195 | −0.060% | $1.1M | $100K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5210 | +0.041% | $68K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5197 | −0.044% | $9.3M | $23.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5202 | −0.013% | $254K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | +0.567% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0047% | 8h | 1.5192 | −0.077% | $177K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5197 | −0.042% | $2.9M | $11.3M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5203 | −0.005% | $441K | $3.1M | 20x | as long as short |
GMX XRP/USD [ETH-USDC]
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5199 | −0.028% | $1.1M | $5.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5185 | −0.122% | $38.5M | $71.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5199 | −0.028% | $662K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5197 | −0.042% | $543.3M | $1.83B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5196 | −0.051% | $339.3M | $830.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5196 | −0.051% | $122.4M | $821.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5176 | −0.182% | $566K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5205 | +0.008% | $115K | $645K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5202 | −0.011% | $354.1M | $128.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5195 | −0.057% | $294.3M | $793.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5190 | −0.091% | $111.3M | $145.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5204 | +0.002% | $264.2M | $336.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5203 | −0.005% | — | $3.7M | — | as long as short |
| Backpack XRP_USDC_PERPshort | +0.0100% | 1h | 1.5192 | −0.077% | $1.7M | $923K | 25x | |
| Variational Omni XRP | +0.0100% | 8h | 1.5196 | −0.054% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.5204 | long leg | $661K | $95.1M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5201 | −0.017% | $1.1M | $41.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5203 | −0.005% | $1.0M | $827K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5200 | −0.027% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5203 | −0.005% | $51K | $457K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5200 | −0.022% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5195 | −0.057% | $818K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5205 | +0.011% | $127K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5192 | −0.077% | $28K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5186 | −0.116% | $50.0M | $14.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5189 | −0.097% | $54.2M | $28.1M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5279 | +0.495% | $1.6M | $350K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5197 | −0.042% | $474K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5201 | −0.018% | $11K | $244K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5203 | −0.006% | $2.0M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5197 | −0.046% | $71K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5210 | +0.041% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0171% | 1h | 1.5194 | −0.064% | $15.1M | $62.7M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5208 | +0.028% | $5.3M | $42.4M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0204% | 8h | 1.5205 | +0.008% | $1.7M | $31.8M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0210% | 1h | 1.5200 | −0.024% | $1.3M | $10K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5198 | −0.038% | $23.9M | $65.2M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5204 | 0.000% | $19K | $55K | 7x | as long as short |
| Hyperliquid XRP | +0.0411% | 1h | 1.5208 | +0.028% | $278.2M | $178.1M | 20x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5214 | +0.069% | $402K | $503K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0541% | 1h | 1.5237 | +0.220% | $1K | $10K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD