Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aevo against Extended−0.099%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.099% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XRP-USD	1.5308	0.0104	pay 0.0013% / 1h	26m 52s	$2.1M	$7.1M	50x
Short	Aevo XRP-PERP	1.5293	0.0104	get 0.0013% / 1h	26m 52s	$71K	$40K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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 ExtendedbpFee AevobpOrdersPrice spread, now −0.099%Rate

Funding earned: $0
Price spread: −0.099% → 0.000%: −$9.95
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$30.95
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 2 min ago; Aevo: no order-book sample. Net counts fees only.

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 Extended live order book, 2 min ago	0.33 bp	2.9 bp −$3	4.7 bp −$47	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0210% / S +0.0297%	1h	1.5280	−0.180%	$1.7M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5265	−0.279%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5266	−0.270%	$1.1M	$99K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5250	−0.377%	$68K	$89K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5281	−0.172%	$256K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5301	−0.044%	$9.2M	$24.0M	50x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	−0.116%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0046%	8h	1.5282	−0.168%	$178K	$788K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5307	−0.004%	$3.0M	$11.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5299	−0.057%	$444K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5269	−0.250%	$1.0M	$5.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5312	+0.028%	$38.9M	$71.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5275	−0.212%	$665K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5310	+0.014%	$547.6M	$1.84B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5313	+0.034%	$342.8M	$834.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5314	+0.041%	$123.6M	$831.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5228	−0.521%	$566K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5278	−0.195%	$114K	$647K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5201	−0.697%	$1.6M	$350K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5306	−0.012%	$365.1M	$130.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5309	+0.008%	$289.6M	$804.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5309	+0.009%	$113.5M	$147.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5318	+0.067%	$266.7M	$338.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5308	+0.001%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5205	−0.673%	$6.2M	$24.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5202	−0.692%	$661K	$95.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5221	−0.567%	$1.1M	$41.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5204	−0.678%	$1.0M	$848K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5281	−0.175%	$49K	$475K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5277	−0.201%	$42K	$59K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5285	−0.146%	$823K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5259	−0.317%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5295	−0.083%	$28K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5275	−0.216%	$50.3M	$14.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5304	−0.025%	$54.7M	$28.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5274	−0.218%	$476K	$54K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5269	−0.254%	—	$10K	10x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5277	−0.201%	$11K	$235K	20x	as long as short
Extended XRP-USDlong	+0.0104%	1h	1.5308	long leg	$2.1M	$7.1M	50x
Aevo XRP-PERPshort	+0.0104%	1h	1.5293	−0.099%	$71K	$40K	3x
01 Exchange XRPUSD	+0.0136%	1h	1.5278	−0.195%	$8K	$8K	10x	as long as short
Backpack XRP_USDC_PERP	+0.0143%	1h	1.5321	+0.086%	$1.7M	$919K	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0170%	1h	1.5296	−0.074%	$15.3M	$63.3M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5302	−0.038%	$5.4M	$43.4M	50x	as long as short
Kalshi KXXRPPERP	+0.0208%	8h	1.5297	−0.070%	$1.7M	$31.5M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5276	−0.207%	$1.4M	$10K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5299	−0.057%	$23.9M	$66.7M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5249	−0.384%	$19K	$55K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5282	−0.168%	$405K	$496K	10x	as long as short
Hyperliquid XRP	+0.0462%	1h	1.5329	+0.139%	$281.7M	$181.7M	20x	as long as short
Aftermath Perps XRPUSD	+0.0538%	1h	1.5243	−0.421%	$1K	$11K	10x	as long as short