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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.047%
Price spread now: BloFin against edgeX+0.051%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.296%+$30 on $10k
Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.051%, 7d avg +0.023%
Together, before fees+0.038%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.028% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.52140.0100pay 0.0050% / 4h3h 48m$661K$112.9M30x
ShortBloFin XRP-USDT1.52220.0220get 0.0220% / 8h7h 48m$23.7M$78.0M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$25.2
Price spread: +0.051% → +0.023%
$2.82
Slippage, 4 orders
−$3.29
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$3.73
Costs to cover
0.243%
Break-even
6.0 days
Slippage from edgeX: live order book, 1 min ago; BloFin: 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 edgeX live order book, 1 min ago1.31 bp5.8 bp −$65.8 bp −$589.0 bp −$898doesn't fit
Sell BloFin live order book, 6 min ago0.33 bp6.3 bp −$66.7 bp −$6711.8 bp −$1,18328.2 bp −$14.1K

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
Kraken Futures PF_XRPUSD−0.0171%1h1.5228+0.092%$14.8M$76.0M50xas long as short
Phemex XRPUSDT−0.0084%8h1.5217+0.018%$54.3M$32.6M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5218+0.025%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5227+0.085%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5240+0.169%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5236+0.144%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5239+0.163%$7.7M$23.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.273%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5224+0.065%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5228+0.091%$2.8M$14.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5232+0.117%$608K$3.1M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5230+0.104%$20K$382K20xas long as short
Nado XRP-PERP+0.0100%1h1.5227+0.087%$997K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5235+0.139%$38.6M$85.6M100xas long as short
Pacifica XRP+0.0100%1h1.5230+0.103%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5238+0.156%$531.2M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5235+0.136%$353.2M$945.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5238+0.156%$127.2M$860.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5207−0.048%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5240+0.169%$144K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5227+0.087%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5236+0.143%$379.8M$151.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5235+0.136%$314.4M$912.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5235+0.135%$106.8M$183.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5233+0.123%$270.2M$384.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5236+0.143%$108.1Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.077%$4.8M$38.8Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5214long leg$661K$112.9M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5218+0.025%$1.1M$33.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5223+0.058%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5237+0.152%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5238+0.156%$52K$513K20xas long as short
Bullet XRP-USD+0.0100%1h1.5238+0.156%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5239+0.163%$78K$667K50xas long as short
Derive XRP-PERP+0.0100%1h1.5225+0.071%$819K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5233+0.125%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5234+0.130%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5223+0.058%$49.7M$15.2M75xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5233+0.124%$475K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5233+0.121%$2.1M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5236+0.141%$59K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0114% / S −0.0078%1h1.5236+0.141%$790K200xas long as short
01 Exchange XRPUSD+0.0136%1h1.5241+0.176%$9K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5227+0.084%$5.6M$48.0M50xas long as short
Kalshi KXXRPPERP+0.0171%8h1.5230+0.104%$1.7M$33.5M2.9xas long as short
Hyperliquid XRP+0.0206%1h1.5248+0.222%$291.3M$267.7M20xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5222+0.051%$23.7M$78.0M125x
Reya XRPRUSDPERP+0.0221%1h1.5231+0.112%$1.3M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0268%1h1.5238+0.156%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5239+0.162%$523K$796K10xas long as short
Aftermath Perps XRPUSD+0.0527%1h1.5217+0.017%$3K$16K10xas long as short