Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.035%

Price spread now: Aevo against BloFin+0.030%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.126%−$13 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.030% dearer against BloFin than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5160	0.0220	pay 0.0220% / 8h	2h 03m	$23.3M	$77.6M	125x
Short	Aevo XRP-PERP	1.5165	0.0104	get 0.0013% / 1h	3m 08s	$58K	$25K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now +0.030%Rate

Funding earned: −$24.36
Price spread: +0.030% → 0.000%: $3.03
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$49.33
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 6 min ago	1.32 bp	7.3 bp −$7	7.7 bp −$77	12.0 bp −$1,198	20.7 bp −$10.4K
Sell Aevo no order-book sample	—	—	—	—	—

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
Hotstuff XRP-PERP	−0.0080%	1h	1.5166	+0.040%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5169	+0.057%	$14.4M	$74.9M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5160	+0.001%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5170	+0.066%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5159	−0.006%	$245K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.639%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0075% / S −0.0020%	1h	1.5159	−0.004%	$799K	—	200x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5164	+0.026%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5170	+0.066%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5171	+0.073%	$548K	$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	+0.0099%	8h	1.5152	−0.053%	$11K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5157	−0.019%	$1.0M	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5165	+0.035%	$38.5M	$87.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5164	+0.024%	$603K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5168	+0.051%	$527.3M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5167	+0.046%	$344.3M	$966.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5170	+0.066%	$126.6M	$891.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5159	−0.007%	$564K	$35K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5168	+0.053%	$143K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5132	−0.186%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5168	+0.053%	$374.9M	$162.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5168	+0.053%	$298.4M	$929.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5168	+0.055%	$107.3M	$181.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5166	+0.040%	$266.8M	$399.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5163	+0.020%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5166	+0.039%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5160	−0.003%	$658K	$114.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5163	+0.019%	$1.1M	$36.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5159	−0.007%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5163	+0.018%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5164	+0.026%	$51K	$487K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5160	0.000%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5166	+0.040%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5167	+0.048%	$816K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5166	+0.040%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5168	+0.053%	$30K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5162	+0.016%	$49.5M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5166	+0.040%	$54.1M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5168	+0.055%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5162	+0.013%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERPshort	+0.0104%	1h	1.5165	+0.030%	$58K	$25K	3x
Hyperliquid XRP	+0.0145%	1h	1.5181	+0.139%	$289.7M	$264.3M	20x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0146%	1h	1.5172	+0.079%	$7.7M	$25.3M	50x	as long as short
Hibachi XRP/USDT-P	+0.0184%	1h	1.5164	+0.023%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5172	+0.079%	$5.7M	$48.6M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0206%	1h	1.5178	+0.119%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0214%	8h	1.5169	+0.059%	$1.7M	$35.5M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5158	−0.014%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5160	long leg	$23.3M	$77.6M	125x
RISEx XRP/USDC	+0.0305%	1h	1.5166	+0.040%	$517K	$792K	10x	as long as short
Aftermath Perps XRPUSD	+0.0570%	1h	1.5157	−0.019%	$2K	$16K	10x	as long as short