Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%

Price spread now: edgeX against Binance+0.340%60s7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.218% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days−0.359%−$36 · spread now +0.340%, 7d avg −0.035%

Together, before fees−0.429%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.375% dearer against Binance than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XRPUSDT	1.5208	0.0100	pay 0.0100% / 8h	7h 00m	$536.3M	$2.06B	100x
Short	edgeX XRPUSDC	1.5260	0.0100	get 0.0050% / 4h	3h 00m	$663K	$107.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now +0.340%Rate

Funding earned: $0
Price spread: +0.340% → −0.035%: $37.48
Slippage, 4 orders: −$2.83
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $15.64
Costs to cover: 0.218%
Break-even: from the start

Slippage from Binance: live order book, 14 min ago; edgeX: live order book, 4 min ago.

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 Binance live order book, 14 min ago	0.32 bp	5.3 bp −$5	6.8 bp −$68	14.5 bp −$1,449	30.1 bp −$15.0K
Sell edgeX live order book, 4 min ago	0.98 bp	5.5 bp −$5	5.5 bp −$55	9.8 bp −$979	doesn't fit

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
Hotstuff XRP-PERP	−0.0080%	1h	1.5203	−0.033%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5193	−0.096%	$1.1M	$116K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5215	+0.045%	$255K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5216	+0.052%	$9.2M	$24.6M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0020% / S +0.0070%	1h	1.5213	+0.031%	$834K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.314%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0065%	8h	1.5217	+0.059%	$57K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5198	−0.066%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5210	+0.015%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5199	−0.060%	$508K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5194	−0.093%	$9K	$282K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5195	−0.084%	$474K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5203	−0.031%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5204	−0.027%	$38.4M	$83.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5198	−0.066%	$625K	$1.1M	20x	as long as short
Binance XRPUSDTlong	+0.0100%	8h	1.5208	long leg	$536.3M	$2.06B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5208	−0.001%	$339.0M	$922.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5200	−0.053%	$122.5M	$864.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5210	+0.013%	$567K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5203	−0.033%	$114K	$716K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5350	+0.931%	$1.7M	$327K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5199	−0.060%	$366.9M	$154.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5198	−0.066%	$297.9M	$919.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5204	−0.029%	$110.0M	$168.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5199	−0.060%	$266.4M	$377.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5198	−0.066%	—	$125.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5216	+0.051%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDCshort	+0.0100%	4h	1.5260	+0.340%	$663K	$107.0M	30x
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5328	+0.787%	$1.1M	$37.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5252	+0.289%	$1.2M	$999K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5205	−0.022%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5207	−0.007%	$44K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5218	+0.067%	$41K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5219	+0.070%	$819K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5221	+0.088%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5215	+0.045%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5210	+0.011%	$49.9M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5214	+0.039%	$54.0M	$29.5M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5195	−0.089%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5213	+0.034%	$58K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5198	−0.065%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5210	+0.013%	$24.1M	$73.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5220	+0.078%	$5.7M	$46.3M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0246%	1h	1.5213	+0.032%	$14.3M	$70.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0303%	1h	1.5218	+0.065%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0304%	1h	1.5252	+0.287%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0322%	8h	1.5236	+0.184%	$2.0M	$34.8M	2.9x	as long as short
Hyperliquid XRP	+0.0355%	1h	1.5211	+0.019%	$283.7M	$218.3M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5240	+0.210%	$68K	$110K	15x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5201	−0.047%	$537K	$777K	10x	as long as short
Aftermath Perps XRPUSD	+0.0853%	1h	1.5298	+0.591%	$2K	$13K	10x	as long as short