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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: KuCoin against edgeX−0.154%53s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 7 days+0.185%+$18 · spread now −0.154%, 7d avg +0.040%
Together, before fees+0.268%+ Points / potential airdropedgeX: Active · farm board+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.194% cheaper against edgeX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.040%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.52280.0100pay 0.0050% / 4h3h 26m$661K$110.0M30x
ShortKuCoin XRPUSDTM1.52040.0100get 0.0100% / 8h3h 26m$109.3M$177.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.154% → +0.040%
−$19.4
Slippage, 4 orders
−$7.1
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$47.5
Costs to cover
0.281%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago0.99 bp5.5 bp −$55.6 bp −$569.2 bp −$919doesn't fit
Sell KuCoin live order book, 3 min ago0.03 bp8.6 bp −$912.3 bp −$12335.2 bp −$3,522doesn'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%1h1.5200−0.182%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5196−0.209%$1.1M$115K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5190−0.251%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5195−0.215%$7.8M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5192−0.231%$14.4M$74.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.182%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5190−0.251%$793K200xas long as short
Lighter XRP+0.0096%1h1.5204−0.153%$2.9M$14.7M20xas long as short
Lighter RH XRP+0.0096%1h1.5201−0.175%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5194−0.221%$10K$347K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5194−0.218%$989K$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5193−0.228%$38.5M$85.3M100xas long as short
Pacifica XRP+0.0100%1h1.5201−0.175%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5189−0.255%$535.6M$2.15B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5191−0.241%$347.1M$943.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5190−0.248%$126.9M$887.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5182−0.300%$565K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5196−0.208%$134K$705K20xas long as short
Bulk XRP-USD+0.0100%1h1.5212−0.103%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5195−0.215%$369.7M$155.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5195−0.215%$296.5M$904.0M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5204−0.154%$109.3M$177.7M75x
Bitget XRPUSDT+0.0100%8h1.5189−0.254%$269.5M$389.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5197−0.202%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5245+0.112%$4.9M$38.3Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5228long leg$661K$110.0M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5219−0.057%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5252+0.160%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5192−0.234%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5196−0.208%$45K$477K20xas long as short
Bullet XRP-USD+0.0100%1h1.5189−0.255%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5187−0.267%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5188−0.261%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5195−0.214%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5192−0.234%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5191−0.241%$49.7M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5193−0.228%$54.1M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5198−0.196%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5190−0.247%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5187−0.271%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5195−0.215%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5198−0.195%$5.7M$47.7M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5188−0.262%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5184−0.287%$24.1M$76.1M125xas long as short
Backpack XRP_USDC_PERP+0.0273%1h1.5203−0.162%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5193−0.228%$17K$82K7xas long as short
RISEx XRP/USDC+0.0358%1h1.5194−0.221%$517K$776K10xas long as short
Kalshi KXXRPPERP+0.0359%8h1.5201−0.175%$1.9M$35.2M2.9xas long as short
Hyperliquid XRP+0.0397%1h1.5210−0.116%$301.2M$246.0M20xas long as short
Phoenix XRP+0.0528%1h1.5230+0.015%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0677%1h1.5213−0.097%$2K$15K10xas long as short