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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against Aevo+2.381%59s7-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+0.084%+$8 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. Injective is 2.381% dearer against Aevo than usual: you sell high and buy low (spread +2.381% now, against zero (this spread has no 7-day history yet)): +$238 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.51980.0104pay 0.0013% / 1h29m 35s$58K$25K3x
ShortInjective XRP/USDC PERP1.55600.0033get 0.0004% / 1h29m 35s$2K$107K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14.84
Price spread: +2.381% → 0.000%
$238.14
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$207.28
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Injective: live order book, 34 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 Injective live order book, 34 min ago46.21 bp46.2 bp −$4659.5 bp −$595doesn't fitdoesn'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%1h1.5187−0.073%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5188−0.063%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5195−0.021%$254K150xas long as short
Injective XRP/USDC PERPshort+0.0033%1h1.5560+2.381%$2K$107K30x
GMX XRP/USD [ETH-USDC]L +0.0034% / S +0.0043%1h1.5196−0.011%$821K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5181−0.112%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0075%8h1.5196−0.014%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5204+0.039%$7.7M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5186−0.077%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5189−0.060%$513K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5172−0.172%$10K$309K20xas long as short
Nado XRP-PERP+0.0100%1h1.5203+0.036%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5200+0.013%$281.7M$221.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5190−0.052%$38.5M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5187−0.073%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5182−0.106%$538.2M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5186−0.079%$344.9M$927.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5188−0.066%$126.0M$869.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5171−0.178%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5187−0.073%$115K$707K20xas long as short
Bulk XRP-USD+0.0100%1h1.5156−0.276%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5186−0.079%$370.2M$152.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5191−0.047%$292.0M$898.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5186−0.081%$108.5M$171.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5186−0.079%$268.1M$380.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5184−0.093%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5198+0.002%$5.8M$36.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5177−0.141%$659K$109.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5214+0.103%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.065%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5201+0.021%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5202+0.026%$43K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5199+0.006%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5197−0.007%$818K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5207+0.055%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5201+0.019%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5202+0.023%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5202+0.026%$54.1M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5188−0.067%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5181−0.111%$2.0M$6.8M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5198long leg$58K$25K3x
Backpack XRP_USDC_PERP+0.0207%1h1.5208+0.065%$1.9M$1.3M25xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5194−0.027%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5202+0.026%$5.6M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5209+0.072%$24.2M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5197−0.005%$17K$82K7xas long as short
Kraken Futures PF_XRPUSD+0.0272%1h1.5199+0.005%$14.5M$73.1M50xas long as short
Kalshi KXXRPPERP+0.0354%8h1.5217+0.125%$2.2M$34.9M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5187−0.074%$517K$776K10xas long as short
Phoenix XRP+0.0528%1h1.5190−0.053%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0681%1h1.5178−0.130%$2K$14K10xas long as short