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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.042%
Price spread now: edgeX against OKX+0.453%61s7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 7 days−0.479%−$48 · spread now +0.453%, 7d avg −0.031%
Together, before fees−0.589%+ Points / potential airdropedgeX: Active · farm board−$59 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: edgeX is 0.484% dearer against OKX than usual: you sell high and buy low, +$48 on $10k if it goes back to its 7-day average of −0.031%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XRP-USDT-SWAP1.55300.0100pay 0.0100% / 8h42m 31s$126.9M$888.1M100x
ShortedgeX XRPUSDC1.56000.0100get 0.0050% / 4h42m 31s$677K$103.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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: +0.453% → −0.031%
$48.39
Slippage, 4 orders
−$3.29
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$26.09
Costs to cover
0.223%
Break-even
from the start
Slippage from OKX: live order book, 2 min ago; edgeX: 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 OKX live order book, 2 min ago0.32 bp5.3 bp −$55.9 bp −$5913.5 bp −$1,35132.6 bp −$16.3K
Sell edgeX live order book, 2 min ago0.96 bp5.5 bp −$55.5 bp −$558.6 bp −$865doesn'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%1h1.5533+0.019%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5541+0.074%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5620+0.580%$70K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5553+0.148%$9.7M$25.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5523−0.043%$260K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0104%1h1.5522−0.049%$854K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5553+0.146%$15.6M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0057%8h1.5555+0.161%$76K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+0.193%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5535+0.031%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5545+0.097%$443K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5537+0.048%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5531+0.003%$39.5M$80.3M100xas long as short
Pacifica XRP+0.0100%1h1.5536+0.037%$639K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5532+0.013%$556.3M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.55300.000%$347.0M$917.3M100xas long as short
OKX XRP-USDT-SWAPlong+0.0100%8h1.5530long leg$126.9M$888.1M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5546+0.103%$579K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5536+0.039%$117K$754K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.664%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.55300.000%$373.8M$144.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5527−0.019%$297.9M$870.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5526−0.024%$113.0M$163.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5528−0.013%$271.5M$370.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5524−0.039%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5624+0.602%$11.7M$30.5Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5600+0.453%$677K$103.8M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5583+0.339%$1.1M$40.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5597+0.431%$1.0M$899K50xas long as short
Vest XRP-PERP+0.0100%1h1.5537+0.044%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5532+0.013%$48K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5526−0.026%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5557+0.171%$837K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5560+0.196%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5551+0.135%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5554+0.153%$51.1M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5554+0.155%$55.3M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5531+0.005%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5540+0.064%$13K$267K20xas long as short
Extended XRP-USD+0.0104%1h1.5530+0.001%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5554+0.152%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5538+0.052%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5526−0.028%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5553+0.148%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5562+0.206%$5.9M$47.7M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5587+0.367%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0316%8h1.5570+0.258%$2.0M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0361%1h1.5564+0.219%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0617%1h1.5548+0.116%$295.9M$209.2M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5544+0.092%$507K$632K10xas long as short
Aftermath Perps XRPUSD+0.0810%1h1.5587+0.367%$1K$11K10xas long as short