Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%

Price spread now: Gate against edgeX+0.033%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 7 days−0.014%−$1 · spread now +0.033%, 7d avg +0.034%

Together, before fees+0.099%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XRPUSDC	1.5358	0.0100	pay 0.0050% / 4h	3h 13m	$668K	$107.8M	30x
Short	Gate XRP_USDT	1.5363	0.0100	get 0.0100% / 8h	7h 13m	$375.0M	$151.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → +0.034%: −$0.12
Slippage, 4 orders: −$8.7
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$32.83
Costs to cover: 0.327%
Break-even: never at this rate

Slippage from edgeX: live order book, 1 min ago; Gate: live order book, 6 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, 1 min ago	0.65 bp	5.8 bp −$6	6.1 bp −$61	11.4 bp −$1,144	doesn't fit
Sell Gate live order book, 6 min ago	0.33 bp	10.4 bp −$10	13.0 bp −$130	28.6 bp −$2,856	42.0 bp −$21.0K

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	1.5375	+0.111%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5368	+0.062%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5361	+0.019%	$257K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0017% / S +0.0074%	1h	1.5358	−0.003%	$843K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.315%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0063%	8h	1.5362	+0.026%	$58K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5357	−0.006%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0076%	1h	1.5364	+0.039%	$9.3M	$25.1M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5376	+0.119%	$2.9M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5376	+0.117%	$516K	$3.2M	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	1.5357	−0.006%	$9K	$280K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5373	+0.095%	$479K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5366	+0.055%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5375	+0.109%	$38.8M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5374	+0.105%	$635K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5363	+0.033%	$542.8M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5363	+0.033%	$342.4M	$919.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5362	+0.026%	$124.9M	$867.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5317	−0.267%	$570K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5374	+0.104%	$118K	$714K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5274	−0.544%	$1.6M	$378K	20x	as long as short
Gate XRP_USDTshort	+0.0100%	8h	1.5363	+0.033%	$375.0M	$151.4M	100x
MEXC XRP_USDT	+0.0100%	8h	1.5366	+0.052%	$306.6M	$912.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5366	+0.049%	$111.3M	$166.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5362	+0.026%	$269.6M	$375.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5365	+0.046%	—	$124.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5332	−0.168%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDClong	+0.0100%	4h	1.5358	long leg	$668K	$107.8M	30x
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5366	+0.051%	$1.1M	$37.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5374	+0.104%	$1.2M	$997K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5371	+0.085%	$48K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5361	+0.021%	$41K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5366	+0.054%	$827K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5371	+0.086%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5359	+0.007%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5386	+0.180%	$50.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5392	+0.222%	$54.7M	$29.6M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5367	+0.061%	—	$9K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5360	+0.011%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5362	+0.027%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5362	+0.028%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5367	+0.059%	$24.1M	$73.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5367	+0.059%	$5.7M	$46.7M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5357	−0.006%	$14.5M	$70.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0308%	1h	1.5404	+0.300%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5358	+0.003%	$17K	$81K	7x	as long as short
Kalshi KXXRPPERP	+0.0314%	8h	1.5380	+0.143%	$2.0M	$34.7M	2.9x	as long as short
Hyperliquid XRP	+0.0384%	1h	1.5381	+0.150%	$289.8M	$215.2M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5320	−0.247%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0823%	1h	1.5356	−0.013%	$2K	$13K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5369	+0.069%	$544K	$773K	10x	as long as short