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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Nado against Aevo+0.080%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: 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: Nado is 0.080% dearer against Aevo than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.50910.0104pay 0.0013% / 1h46m 49s$58K$25K3x
ShortNado XRP-PERP1.51030.0100get 0.0012% / 1h46m 49s$938K$6.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.080% → 0.000%
$7.95
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$15.89
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Nado: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Nado live order book, 2 min ago0.33 bp3.8 bp −$48.2 bp −$82doesn'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%1h1.5113+0.142%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5096+0.029%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5107+0.100%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5130+0.255%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5096+0.030%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5093+0.010%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.104%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5104+0.083%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5092+0.004%$792K200xas long as short
Lighter XRP+0.0096%1h1.5092+0.003%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5098+0.043%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5097+0.036%$10K$356K20xas long as short
Nado XRP-PERPshort+0.0100%1h1.5103+0.080%$938K$6.2M20x
Hyperliquid XRP+0.0100%1h1.5100+0.056%$290.3M$258.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5092+0.003%$38.7M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5110+0.121%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5087−0.030%$530.8M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5089−0.017%$341.5M$950.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5092+0.003%$125.3M$887.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5111+0.129%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5108+0.109%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114+0.148%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5088−0.023%$371.6M$155.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5087−0.030%$294.6M$905.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5088−0.023%$107.6M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5088−0.023%$267.6M$393.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5085−0.043%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5128+0.241%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5105+0.091%$656K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.261%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124+0.215%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5103+0.074%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5099+0.050%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5094+0.015%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5094+0.017%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5093+0.007%$812K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5111+0.133%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5092+0.003%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5093+0.013%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5092+0.003%$53.8M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5104+0.080%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5084−0.048%$2.0M$6.8M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5091long leg$58K$25K3x
Kalshi KXXRPPERP+0.0146%8h1.5100+0.056%$1.8M$35.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5098+0.043%$5.6M$48.2M50xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5098+0.043%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5095+0.025%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5097+0.036%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5123+0.206%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5107+0.100%$515K$777K10xas long as short
Aftermath Perps XRPUSD+0.0621%1h1.5116+0.165%$2K$15K10xas long as short