Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Extended against Aevo+0.023%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.023% dearer against Aevo than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XRP-PERP	1.5183	0.0104	pay 0.0013% / 1h	32m 32s	$73K	$37K	3x
Short	Extended XRP-USD	1.5186	0.0104	get 0.0013% / 1h	32m 32s	$2.1M	$7.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee AevobpFee ExtendedbpOrdersPrice spread, now +0.023%Rate

Funding earned: $0
Price spread: +0.023% → 0.000%: $2.27
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$18.73
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Extended: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Extended live order book, 2 min ago	0.33 bp	2.8 bp −$3	4.7 bp −$47	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX XRP/USD [ETH-USDC]	L −0.0207% / S +0.0293%	1h	1.5188	+0.034%	$1.6M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5197	+0.093%	$7K	$2K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0013%	1h	1.5187	+0.026%	$15.9M	$59.2M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5198	+0.102%	$1.1M	$101K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5170	−0.085%	$68K	$89K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5189	+0.040%	$9.0M	$22.8M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5190	+0.046%	$257K	—	150x	as long as short
Orderly PERP_XRP_USDC	+0.0045%	8h	1.5182	−0.006%	$180K	$781K	50x	as long as short
Injective XRP/USDC PERP	+0.0050%	1h	1.5090	−0.612%	$2K	$51K	30x	as long as short
Vest XRP-PERP	+0.0070%	1h	1.5178	−0.032%	—	$9K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5198	+0.102%	$2.9M	$10.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5206	+0.152%	$571K	$2.4M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5198	+0.099%	$12K	$241K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5181	−0.012%	$1.1M	$5.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5202	+0.125%	$38.6M	$69.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5200	+0.110%	$672K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5186	+0.023%	$539.3M	$1.78B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5189	+0.040%	$343.6M	$797.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5192	+0.060%	$124.2M	$807.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5182	−0.006%	$564K	$45K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5195	+0.079%	$114K	$622K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5186	+0.020%	$354.4M	$127.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5190	+0.047%	$309.9M	$771.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5200	+0.115%	$110.7M	$140.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5185	+0.014%	$263.4M	$327.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5188	+0.033%	—	$3.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5188	+0.032%	$7.4M	$22.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5167	−0.107%	$659K	$91.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5169	−0.093%	$1.1M	$41.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5196	+0.086%	$1.0M	$757K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5184	+0.007%	$49K	$460K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5186	+0.023%	$42K	$61K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5185	+0.013%	$818K	$67K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5191	+0.052%	$127K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5185	+0.014%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5200	+0.112%	$50.1M	$13.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5206	+0.152%	$54.6M	$27.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5194	+0.073%	$1.6M	$202K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5191	+0.056%	$474K	$54K	50x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5186	+0.023%	$2.1M	$7.3M	50x
Aevo XRP-PERPlong	+0.0104%	1h	1.5183	long leg	$73K	$37K	3x
01 Exchange XRPUSD	+0.0120%	1h	1.5195	+0.079%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5195	+0.079%	$5.3M	$40.9M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0186%	1h	1.5220	+0.244%	$1.7M	$891K	25x	as long as short
Reya XRPRUSDPERP	+0.0210%	1h	1.5181	−0.015%	$1.3M	$10K	15x	as long as short
Kalshi KXXRPPERP	+0.0213%	8h	1.5194	+0.073%	$1.7M	$31.7M	2.9x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5210	+0.178%	$23.4M	$61.7M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5179	−0.028%	$19K	$43K	7x	as long as short
RISEx XRP/USDC	+0.0330%	1h	1.5197	+0.089%	$402K	$502K	10x	as long as short
Hyperliquid XRP	+0.0434%	1h	1.5221	+0.251%	$283.5M	$165.1M	20x	as long as short
Aftermath Perps XRPUSD	+0.0464%	1h	1.5181	−0.010%	$1K	$10K	10x	as long as short