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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Aevo against Derive−0.022%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−0.013%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.022% cheaper against Derive than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XRP-PERP1.55170.0100pay 0.0013% / 1h4m 34s$835K$81K10x
ShortAevo XRP-PERP1.55140.0104get 0.0013% / 1h4m 34s$72K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Derive. 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: −0.022% → 0.000%
−$2.22
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$23.38
Costs to cover
0.220%
Break-even
201.9 days
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample
Sell Aevo no order-book sample
Derive and 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%1h1.5539+0.142%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5532+0.096%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5516−0.006%$9.6M$25.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0001% / S +0.0113%1h1.5511−0.039%$853K200xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5511−0.037%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.277%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5515−0.015%$15.5M$68.5M50xas long as short
Orderly PERP_XRP_USDC+0.0055%8h1.5514−0.019%$76K$909K50xas long as short
Lighter XRP+0.0096%1h1.5542+0.158%$3.0M$12.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5544+0.174%$444K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5537+0.132%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5534+0.108%$39.5M$79.1M100xas long as short
Pacifica XRP+0.0100%1h1.5536+0.125%$640K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5537+0.129%$559.0M$1.99B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5537+0.129%$346.3M$904.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5539+0.142%$127.7M$883.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5500−0.110%$576K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5536+0.122%$119K$746K20xas long as short
Bulk XRP-USD+0.0100%1h1.5501−0.101%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.5532+0.097%$372.0M$144.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5533+0.103%$301.2M$869.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5532+0.098%$113.3M$161.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5538+0.135%$271.2M$366.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5534+0.110%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5512−0.030%$11.5M$30.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5481−0.233%$672K$102.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5513−0.025%$1.1M$41.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5496−0.135%$1.0M$885K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5540+0.148%$46K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5512−0.032%$42K$66K20xas long as short
Derive XRP-PERPlong+0.0100%1h1.5517long leg$835K$81K10x
SunX XRP-USDT+0.0100%8h1.5517+0.003%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5515−0.013%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5502−0.095%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5514−0.019%$55.2M$29.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5530+0.084%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5531+0.087%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5533+0.103%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5528+0.068%$2.1M$7.1M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5514−0.022%$72K$40K3x
01 Exchange XRPUSD+0.0176%1h1.5537+0.129%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5538+0.132%$1.4M$8K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5522+0.032%$6.0M$47.5M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5516−0.006%$24.5M$73.8M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5494−0.146%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0296%1h1.5526+0.058%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5525+0.052%$2.0M$33.2M2.9xas long as short
Phoenix XRP+0.0516%1h1.5520+0.019%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5545+0.182%$509K$630K10xas long as short
Hyperliquid XRP+0.0582%1h1.5557+0.258%$291.6M$205.1M20xas long as short
Aftermath Perps XRPUSD+0.0773%1h1.5518+0.009%$1K$11K10xas long as short