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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0294%/8h= +32.2% APRnext payment +$0.37 per $10,000 · paid last 24h +0.116%
Price spread now: RISEx against Nado+0.043%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.318%+$32 on $10k
Price spread, last 4 days (all we have)−0.406%−$41 · spread now +0.043%, 7d avg +0.022%
Together, before fees−0.088%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.021% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XRP-PERP1.51730.0100pay 0.0012% / 1h12m 16s$1.0M$6.3M20x
ShortRISEx XRP/USDC1.51800.0394get 0.0049% / 1h12m 16s$521K$798K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$61.81
Price spread: +0.043% → +0.022%
$2.14
Slippage, 4 orders
−$7.68
Fee Nado: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$43.27
Costs to cover
0.207%
Break-even
2.1 days
Slippage from Nado: live order book, 2 min ago; RISEx: live order book, 26 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 bp5.1 bp −$512.0 bp −$120doesn't fitdoesn't fit
Sell RISEx live order book, 26 min ago2.90 bp5.9 bp −$610.6 bp −$106doesn'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%1h1.5178+0.030%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5178+0.030%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5174+0.003%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5176+0.016%$7.7M$24.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.547%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5170−0.025%$14.5M$73.6M50xas long as short
Lighter XRP+0.0096%1h1.5177+0.023%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5179+0.036%$604K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5165−0.059%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5175+0.010%$20K$384K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERPlong+0.0100%1h1.5173long leg$1.0M$6.3M20x
Aster XRPUSDT+0.0100%8h1.5179+0.035%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5178+0.027%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5175+0.010%$529.4M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5171−0.016%$349.7M$950.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5171−0.016%$127.3M$862.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5172−0.010%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5181+0.049%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.030%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5176+0.016%$377.9M$162.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5177+0.023%$311.6M$928.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5176+0.016%$106.7M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5170−0.023%$268.9M$388.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5176+0.016%$107.8Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.167%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151−0.148%$658K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5160−0.087%$1.1M$34.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156−0.115%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5181+0.052%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5180+0.043%$52K$514K20xas long as short
Bullet XRP-USD+0.0100%1h1.5178+0.029%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5176+0.016%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5178+0.030%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5183+0.065%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5170−0.023%$28K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5180+0.042%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5171−0.016%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5181+0.050%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5166−0.051%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5181+0.049%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5172−0.013%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0108% / S −0.0071%1h1.5174+0.005%$774K200xas long as short
Hyperliquid XRP+0.0141%1h1.5190+0.109%$290.1M$268.2M20xas long as short
Kalshi KXXRPPERP+0.0168%8h1.5180+0.043%$1.8M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0174%1h1.5184+0.069%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5176+0.016%$5.6M$48.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5177+0.023%$23.6M$77.8M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5175+0.007%$1.3M$4K15xas long as short
RISEx XRP/USDCshort+0.0394%1h1.5180+0.043%$521K$798K10x
Phoenix XRP+0.0526%1h1.5180+0.043%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0583%1h1.5168−0.037%$2K$16K10xas long as short