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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against MEXC−0.347%51s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$90.088% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.006%+$1 on $10k
Price spread, last 7 days+0.400%+$40 · spread now −0.347%, 7d avg +0.029%
Together, before fees+0.406%+ Points / potential airdropNado: Active · farm board+$41 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: Nado is 0.376% cheaper against MEXC than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XRP_USDT1.51420.0100pay 0.0100% / 8h5h 56m$293.2M$890.4M300x
ShortNado XRP-PERP1.50900.0100get 0.0012% / 1h56m 41s$964K$5.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against MEXC. 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: −0.347% → +0.029%
−$37.59
Slippage, 4 orders
−$1.77
Fee MEXC: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$46.36
Costs to cover
0.088%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Nado: live order book, 2 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 MEXC live order book, 2 min ago0.33 bp0.3 bp $00.4 bp −$44.9 bp −$49315.8 bp −$7,905
Sell Nado live order book, 2 min ago0.33 bp4.2 bp −$48.4 bp −$8439.0 bp −$3,903doesn't fit

XRP on 50 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%1h1.5139−0.020%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5126−0.103%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.013%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5083−0.392%$252K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0025% / S +0.0051%1h1.5083−0.393%$797K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.761%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5086−0.370%$61K$935K50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5145+0.020%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5132−0.067%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5131−0.073%$509K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5135−0.046%$9K$305K20xas long as short
Nado XRP-PERPshort+0.0100%1h1.5090−0.347%$964K$5.9M20x
Hyperliquid XRP+0.0100%1h1.5137−0.033%$279.6M$220.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5116−0.171%$38.3M$83.1M100xas long as short
Pacifica XRP+0.0100%1h1.5134−0.055%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5134−0.056%$536.3M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5138−0.026%$341.6M$924.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5146+0.026%$124.7M$863.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5116−0.172%$561K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5144+0.013%$115K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144+0.013%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5133−0.059%$368.3M$150.0M100xas long as short
MEXC XRP_USDTlong+0.0100%8h1.5142long leg$293.2M$890.4M300x
KuCoin XRPUSDTM+0.0100%8h1.5139−0.022%$106.6M$170.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5141−0.007%$266.9M$379.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5134−0.053%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5125−0.113%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5125−0.110%$657K$109.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5120−0.146%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5121−0.139%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5092−0.330%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5086−0.370%$41K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5087−0.361%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5088−0.357%$812K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5091−0.337%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5085−0.376%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5089−0.353%$49.4M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5092−0.330%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5136−0.041%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5140−0.014%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5084−0.383%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0148%1h1.5088−0.357%$7.7M$25.2M50xas long as short
Backpack XRP_USDC_PERP+0.0151%1h1.5105−0.244%$1.9M$1.3M25xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5084−0.381%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5092−0.330%$5.6M$46.2M50xas long as short
Kraken Futures PF_XRPUSD+0.0275%1h1.5083−0.390%$14.4M$72.8M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5107−0.228%$17K$81K7xas long as short
Kalshi KXXRPPERP+0.0356%8h1.5099−0.284%$2.1M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5146+0.024%$527K$787K10xas long as short
Aftermath Perps XRPUSD+0.0768%1h1.5120−0.146%$2K$14K10xas long as short