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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.022%
Price spread now: edgeX against Injective+1.578%107s7-day average · you sell dearer than you buy
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−0.246%−$25 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 1.578% dearer against Injective than usual: you sell high and buy low: +$158 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.246%, so the current rate has only just turned in your favour. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XRP/USDC PERP1.52900.0033pay 0.0004% / 1h31m 26s$2K$86K30x
ShortedgeX XRPUSDC1.55310.0100get 0.0050% / 4h1h 31m$674K$101.0M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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
$14
Price spread: +1.578% → 0.000%
$157.77
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$162.75
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 3 min ago. 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 Injective no order-book sample
Sell edgeX live order book, 3 min ago0.96 bp5.5 bp −$55.7 bp −$579.6 bp −$962doesn't fit
Injective: 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%1h1.5499+1.367%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5497+1.355%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5499+1.367%$9.6M$25.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5483+1.260%$259K150xas long as short
Injective XRP/USDC PERPlong+0.0033%1h1.5290long leg$2K$86K30x
Kraken Futures PF_XRPUSD+0.0041%1h1.5509+1.433%$15.6M$68.4M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5496+1.347%$77K$941K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0127%1h1.5482+1.254%$912K200xas long as short
Lighter XRP+0.0096%1h1.5496+1.346%$3.0M$12.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5498+1.360%$454K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5486+1.285%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5489+1.300%$39.2M$77.6M100xas long as short
Pacifica XRP+0.0100%1h1.5497+1.354%$669K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5487+1.288%$557.7M$1.96B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5484+1.269%$346.6M$887.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5485+1.275%$127.0M$871.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5515+1.472%$577K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5498+1.360%$118K$737K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683+2.570%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5491+1.315%$373.1M$139.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5488+1.295%$290.0M$843.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5487+1.290%$113.1M$158.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5489+1.302%$270.0M$360.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5483+1.262%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5595+1.993%$11.8M$30.1Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5531+1.578%$674K$101.0M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5554+1.729%$1.1M$41.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5529+1.563%$1.0M$882K50xas long as short
Vest XRP-PERP+0.0100%1h1.5490+1.308%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5492+1.321%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5486+1.283%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5498+1.362%$834K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5509+1.432%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5500+1.373%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5491+1.316%$50.9M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5508+1.426%$55.3M$29.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5491+1.318%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5494+1.334%$12K$250K20xas long as short
Extended XRP-USD+0.0104%1h1.5487+1.287%$2.2M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5496+1.347%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5498+1.360%$8K$8K10xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5506+1.411%$18K$81K7xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5488+1.293%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5512+1.452%$5.8M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5518+1.491%$24.6M$73.3M125xas long as short
Backpack XRP_USDC_PERP+0.0260%1h1.5501+1.380%$1.8M$994K25xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5521+1.511%$1.9M$32.5M2.9xas long as short
Phoenix XRP+0.0516%1h1.5570+1.831%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5503+1.391%$508K$626K10xas long as short
Hyperliquid XRP+0.0597%1h1.5510+1.439%$289.7M$201.2M20xas long as short
Aftermath Perps XRPUSD+0.0719%1h1.5563+1.787%$1K$11K10xas long as short