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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0463%/8h= −50.7% APRnext payment $0.58 per $10,000 · paid last 24h −0.073%
Price spread now: Aevo against Hyperliquid−0.109%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.099%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aevo is 0.109% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XRP1.53640.0567pay 0.0071% / 1h8m 13s$291.3M$215.2M20x
ShortAevo XRP-PERP1.53470.0104get 0.0013% / 1h8m 13s$72K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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
−$97.28
Price spread: −0.109% → 0.000%
−$10.87
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$133.15
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 6 min ago0.33 bp4.8 bp −$56.2 bp −$62doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5345−0.124%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5336−0.183%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5340−0.156%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5347−0.109%$266K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0092%1h1.5344−0.133%$841K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5349−0.098%$9.3M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5348−0.101%$15.0M$69.7M50xas long as short
Orderly PERP_XRP_USDC+0.0060%8h1.5348−0.104%$75K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.276%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5351−0.083%$2.9M$13.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5353−0.072%$487K$3.2M20xas long as short
Nado XRP-PERP+0.0100%1h1.5347−0.107%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5350−0.091%$38.8M$82.0M100xas long as short
Pacifica XRP+0.0100%1h1.5345−0.124%$631K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5350−0.091%$544.8M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5349−0.098%$339.6M$926.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5351−0.085%$125.7M$880.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5328−0.234%$570K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5346−0.117%$116K$702K20xas long as short
Bulk XRP-USD+0.0100%1h1.5333−0.201%$1.7M$570K20xas long as short
Gate XRP_USDT+0.0100%8h1.5346−0.117%$361.7M$148.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5350−0.091%$298.6M$894.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5346−0.117%$109.0M$166.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5350−0.091%$268.2M$376.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5349−0.098%$122.0Mas long as short
Variational Omni XRP+0.0100%8h1.5318−0.298%$11.4M$30.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5327−0.243%$666K$105.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5341−0.150%$1.1M$40.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5324−0.260%$1.0M$901K50xas long as short
Vest XRP-PERP+0.0100%1h1.5343−0.137%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5348−0.104%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5347−0.111%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5350−0.092%$826K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5347−0.111%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5348−0.104%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5345−0.121%$50.4M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5349−0.098%$54.7M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5343−0.135%$478K$54K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5343−0.137%$11K$269K20xas long as short
Extended XRP-USD+0.0104%1h1.5346−0.120%$2.1M$7.2M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5347−0.109%$72K$40K3x
01 Exchange XRPUSD+0.0168%1h1.5351−0.085%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5346−0.120%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5338−0.169%$24.1M$74.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5357−0.046%$5.8M$46.8M50xas long as short
Backpack XRP_USDC_PERP+0.0260%1h1.5358−0.039%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0296%1h1.5346−0.117%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0312%8h1.5353−0.072%$2.0M$34.5M2.9xas long as short
Hyperliquid XRPlong+0.0567%1h1.5364long leg$291.3M$215.2M20x
RISEx XRP/USDC+0.0761%1h1.5351−0.088%$499K$708K10xas long as short
Aftermath Perps XRPUSD+0.0772%1h1.5349−0.095%$1K$11K10xas long as short