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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Pacifica against Nado−0.029%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 7 days−0.054%−$5 · spread now −0.029%, 7d avg −0.019%
Together, before fees−0.056%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XRP-PERP1.51370.0100pay 0.0012% / 1h57m 21s$946K$6.2M20x
ShortPacifica XRP1.51330.0100get 0.0013% / 1h57m 21s$607K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Nado. 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: −0.029% → −0.019%
−$1.02
Slippage, 4 orders
−$5.55
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$21.57
Costs to cover
0.206%
Break-even
2215676133888159.0 days
Slippage from Nado: live order book, 2 min ago; Pacifica: 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 Nado live order book, 2 min ago0.33 bp4.5 bp −$49.1 bp −$91doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago0.99 bp6.4 bp −$6doesn't fitdoesn't fitdoesn't fit

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%1h1.5098−0.261%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5105−0.215%$14.3M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5128−0.063%$1.1M$115K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5109−0.188%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5148+0.071%$259K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.791%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5148+0.067%$794K200xas long as short
01 Exchange XRPUSD+0.0056%1h1.5139+0.010%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5127−0.070%$2.8M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5133−0.030%$497K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5129−0.056%$10K$356K20xas long as short
Nado XRP-PERPlong+0.0100%1h1.5137long leg$946K$6.2M20x
Hyperliquid XRP+0.0100%1h1.5157+0.129%$290.5M$257.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5148+0.066%$38.9M$86.3M100xas long as short
Pacifica XRPshort+0.0100%1h1.5133−0.029%$607K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5150+0.085%$532.7M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5150+0.083%$343.1M$950.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5149+0.076%$125.2M$889.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5102−0.235%$562K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5142+0.030%$137K$722K20xas long as short
Gate XRP_USDT+0.0100%8h1.5150+0.083%$373.5M$154.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5147+0.063%$294.9M$903.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5145+0.052%$108.2M$179.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5148+0.069%$268.7M$392.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5147+0.063%$128.0Mas long as short
Variational Omni XRP+0.0100%8h1.5110−0.183%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5106−0.207%$656K$111.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5111−0.172%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5112−0.168%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5134−0.025%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5150+0.083%$49K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5147+0.063%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5148+0.069%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5106−0.207%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5102−0.238%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5105−0.215%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5105−0.213%$49.3M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5095−0.281%$53.8M$31.7M50xas long as short
Bulk XRP-USD+0.0100%1h1.5107−0.199%$1.6M$29K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5135−0.017%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5130−0.052%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5144+0.044%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0168%8h1.5101−0.241%$1.8M$35.5M2.9xas long as short
Backpack XRP_USDC_PERP+0.0174%1h1.5109−0.188%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5109−0.188%$5.7M$48.1M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5144+0.044%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5087−0.334%$24.1M$75.5M125xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5091−0.306%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5141+0.024%$516K$777K10xas long as short
Phoenix XRP+0.0528%1h1.5130−0.050%$67K$109K15xas long as short
Aftermath Perps XRPUSD+0.0623%1h1.5122−0.104%$2K$15K10xas long as short