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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h −0.029%
Price spread now: Aevo against Coinbase International−0.041%7-day average · you buy dearer than you sell
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+0.002%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.041% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XRP-PERP-INTX1.52160.0184pay 0.0023% / 1h45m 06s$5.6M$47.6M50x
ShortAevo XRP-PERP1.52100.0104get 0.0013% / 1h45m 06s$58K$25K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
−$16.8
Price spread: −0.041% → 0.000%
−$4.09
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$46.89
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago0.33 bp9.4 bp −$911.2 bp −$11220.4 bp −$2,043doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5203−0.085%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5203−0.087%$1.1M$111K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5202−0.092%$262K150xas long as short
Kraken Futures PF_XRPUSD+0.0021%1h1.5211−0.035%$14.4M$74.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.261%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0051% / S +0.0014%1h1.5201−0.101%$780K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.52160.000%$7.8M$25.6M50xas long as short
Lighter XRP+0.0096%1h1.5212−0.025%$2.9M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5215−0.007%$499K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5198−0.118%$12K$343K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_XRP_USDC+0.0099%8h1.5210−0.039%$62K$934K50xas long as short
Nado XRP-PERP+0.0100%1h1.5196−0.128%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5201−0.100%$38.4M$84.6M100xas long as short
Pacifica XRP+0.0100%1h1.5199−0.112%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5211−0.033%$534.8M$2.14B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5208−0.053%$346.9M$941.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5208−0.053%$127.3M$887.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5193−0.151%$566K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5202−0.092%$118K$702K20xas long as short
Bulk XRP-USD+0.0100%1h1.5181−0.230%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5209−0.046%$371.5M$153.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5206−0.066%$293.8M$899.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5207−0.057%$109.1M$176.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5204−0.079%$269.3M$388.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5198−0.118%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5202−0.093%$4.9M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5212−0.025%$661K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5208−0.052%$1.1M$36.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5213−0.020%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5202−0.095%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5200−0.105%$45K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5198−0.116%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5213−0.021%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5202−0.090%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5211−0.033%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5209−0.046%$49.7M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5205−0.072%$54.2M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5198−0.116%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5208−0.051%$2.0M$6.8M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5210−0.041%$58K$25K3x
01 Exchange XRPUSD+0.0160%1h1.5203−0.085%$9K$8K10xas long as short
Coinbase International XRP-PERP-INTXlong+0.0184%1h1.5216long leg$5.6M$47.6M50x
Reya XRPRUSDPERP+0.0216%1h1.5199−0.110%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5206−0.066%$24.1M$76.0M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5206−0.064%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0277%8h1.5207−0.059%$2.0M$35.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0299%1h1.5217+0.007%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0306%1h1.5221+0.033%$292.9M$234.6M20xas long as short
RISEx XRP/USDC+0.0358%1h1.5203−0.084%$518K$773K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.026%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0657%1h1.5209−0.047%$2K$15K10xas long as short