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

XRP

all XRP markets
SwapBacktest
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: OKX against edgeX−0.014%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.228% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.110%+$11 on $10k
Price spread, last 7 days+0.044%+$4 · spread now −0.014%, 7d avg +0.029%
Together, before fees+0.155%+ Points / potential airdropedgeX: Active · farm board+$15 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: OKX is 0.043% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.51510.0100pay 0.0050% / 4h41m 37s$658K$108.1M30x
ShortOKX XRP-USDT-SWAP1.51490.0100get 0.0100% / 8h4h 41m$125.9M$874.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.014% → +0.029%
−$4.32
Slippage, 4 orders
−$3.76
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.08
Costs to cover
0.228%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; OKX: 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 −$55.5 bp −$558.8 bp −$876doesn't fit
Sell OKX live order book, 3 min ago0.33 bp5.3 bp −$56.7 bp −$6714.3 bp −$1,43330.1 bp −$15.0K

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%1h1.5148−0.021%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5137−0.091%$14.3M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5141−0.065%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.074%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5142−0.061%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5145−0.041%$7.7M$25.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.698%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0039% / S +0.0031%1h1.5141−0.066%$788K200xas long as short
01 Exchange XRPUSD+0.0064%1h1.5153+0.012%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0079%8h1.5143−0.054%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5149−0.012%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5150−0.008%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5138−0.087%$10K$321K20xas long as short
Nado XRP-PERP+0.0100%1h1.5146−0.031%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5155+0.025%$281.4M$225.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5147−0.028%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5149−0.014%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5147−0.025%$533.4M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5146−0.034%$344.7M$931.5M100xas long as short
OKX XRP-USDT-SWAPshort+0.0100%8h1.5149−0.014%$125.9M$874.2M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5133−0.120%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5109−0.278%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146−0.036%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5144−0.047%$369.7M$153.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5146−0.034%$289.5M$896.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5145−0.039%$107.9M$173.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5145−0.041%$267.8M$383.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5145−0.041%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5129−0.148%$5.4M$37.4Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5151long leg$658K$108.1M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5138−0.087%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5142−0.061%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5148−0.021%$43K$451K20xas long as short
Bullet XRP-USD+0.0100%1h1.5143−0.056%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5142−0.058%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5150−0.011%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5139−0.080%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5136−0.100%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5139−0.080%$54.0M$30.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5148−0.020%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5146−0.033%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5144−0.050%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5142−0.062%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5150−0.008%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0167%1h1.5150−0.008%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5154+0.019%$5.6M$47.1M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5142−0.060%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5138−0.087%$24.1M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5149−0.014%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5151−0.001%$516K$780K10xas long as short
Aftermath Perps XRPUSD+0.0668%1h1.5151−0.002%$2K$15K10xas long as short