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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0093%/8h= −10.2% APRnext payment $0.12 per $10,000 · paid last 24h −0.028%
Price spread now: Deribit against Aevo+0.032%7-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+0.057%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Deribit is 0.032% dearer against Aevo than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.53490.0104pay 0.0013% / 1h51m 36s$59K$25K3x
ShortDeribit XRP_USDC-PERPETUAL1.53540.0011get 0.0001% / 1h51m 36s$9.3M$25.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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
−$19.53
Price spread: +0.032% → 0.000%
$3.17
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$39.36
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: 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 Aevo no order-book sample
Sell Deribit live order book, 3 min ago1.62 bp5.1 bp −$56.0 bp −$6046.1 bp −$4,607doesn't fit
Aevo: 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%1h1.5357+0.051%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5333−0.107%$1.1M$113K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5392+0.281%$258K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0009% / S +0.0087%1h1.5391+0.276%$844K200xas long as short
Deribit XRP_USDC-PERPETUALshort+0.0011%1h1.5354+0.032%$9.3M$25.6M50x
Injective XRP/USDC PERP+0.0033%1h1.5560+1.374%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0061%8h1.5363+0.090%$75K$910K50xas long as short
Lighter XRP+0.0096%1h1.5340−0.061%$2.9M$13.7M20xas long as short
Lighter RH XRP+0.0096%1h1.5344−0.033%$513K$3.2M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5332−0.112%$8K$8K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5330−0.125%$12K$272K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5334−0.097%$478K$54K50xas long as short
Nado XRP-PERP+0.0100%1h1.5340−0.056%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5334−0.098%$38.8M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5341−0.053%$634K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5331−0.118%$539.1M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5332−0.112%$339.7M$930.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5332−0.112%$125.2M$881.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5320−0.190%$572K$48K5xas long as short
Arcus XRP-USD+0.0100%1h1.5334−0.099%$116K$711K20xas long as short
Bulk XRP-USD+0.0100%1h1.5337−0.079%$1.7M$565K20xas long as short
Gate XRP_USDT+0.0100%8h1.5334−0.099%$374.1M$148.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5338−0.073%$298.8M$893.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5340−0.062%$108.8M$167.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5328−0.138%$268.7M$376.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5330−0.125%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5388+0.256%$6.5M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5392+0.277%$668K$106.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5387+0.247%$1.1M$39.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5397+0.312%$1.0M$906K50xas long as short
Vest XRP-PERP+0.0100%1h1.5338−0.072%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5395+0.299%$48K$459K20xas long as short
Bullet XRP-USD+0.0100%1h1.5394+0.292%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5368+0.124%$827K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5386+0.239%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5348−0.007%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5389+0.256%$50.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5346−0.020%$54.6M$29.8M50xas long as short
Extended XRP-USD+0.0104%1h1.5324−0.162%$2.1M$7.2M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5349long leg$59K$25K3x
Reya XRPRUSDPERP+0.0213%1h1.5390+0.268%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5387+0.247%$23.9M$74.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5360+0.071%$5.8M$46.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5343−0.040%$14.6M$70.6M50xas long as short
Backpack XRP_USDC_PERP+0.0293%1h1.5352+0.019%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0304%1h1.5392+0.276%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5398+0.318%$2.1M$35.3M2.9xas long as short
Hyperliquid XRP+0.0474%1h1.5354+0.032%$291.2M$215.4M20xas long as short
Phoenix XRP+0.0520%1h1.5400+0.331%$69K$110K15xas long as short
Aftermath Perps XRPUSD+0.0754%1h1.5378+0.187%$1K$11K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5335−0.094%$507K$755K10xas long as short