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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Derive against Aevo−0.037%58s7-day average · you buy dearer than you sell
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+0.017%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.037% cheaper against Aevo than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.51770.0104pay 0.0013% / 1h13m 18s$58K$25K3x
ShortDerive XRP-PERP1.51710.0100get 0.0013% / 1h13m 18s$816K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
−$0.84
Price spread: −0.037% → 0.000%
−$3.66
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Derive: 3 bp × 2 orders
−$6
Net
−$26.5
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Derive: no order-book sample. 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 Derive no order-book sample
Aevo and Derive: 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%1h1.5157−0.132%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5169−0.053%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5178+0.006%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5183+0.040%$7.7M$24.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.524%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5177−0.002%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5179+0.010%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5181+0.026%$605K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5165−0.082%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5173−0.026%$20K$384K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5170−0.043%$998K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5176−0.008%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5172−0.036%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5176−0.007%$529.4M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5172−0.033%$349.8M$950.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5172−0.033%$127.3M$863.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5145−0.211%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5184+0.046%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.007%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.51770.000%$377.8M$162.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5175−0.013%$311.6M$928.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5178+0.005%$106.6M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5175−0.013%$268.9M$388.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.51770.000%$107.8Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.190%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151−0.171%$658K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5160−0.110%$1.1M$34.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156−0.138%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5180+0.017%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5181+0.026%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5180+0.020%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5180+0.020%$77K$689K50xas long as short
Derive XRP-PERPshort+0.0100%1h1.5171−0.037%$816K$76K10x
SunX XRP-USDT+0.0100%8h1.5185+0.049%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5178+0.007%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5180+0.019%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5173−0.026%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5174−0.019%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5174−0.021%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5184+0.046%$8K$2K10xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5177long leg$58K$25K3x
GMX XRP/USD [ETH-USDC]L +0.0107% / S −0.0070%1h1.5151−0.169%$773K200xas long as short
Hyperliquid XRP+0.0141%1h1.5190+0.082%$290.1M$268.2M20xas long as short
Kalshi KXXRPPERP+0.0168%8h1.5180+0.020%$1.8M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0170%1h1.5185+0.053%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5184+0.046%$5.6M$48.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.51770.000%$23.6M$77.8M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5176−0.008%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5184+0.043%$522K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180+0.020%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0591%1h1.5164−0.084%$2K$16K10xas long as short