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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.009%
Price spread now: edgeX against dYdX−0.138%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$620.619% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days+0.189%+$19 · spread now −0.138%, 7d avg −0.029%
Together, before fees+0.228%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.108% cheaper against dYdX than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of −0.029%). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.039% in total) that is about 19 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.52200get 0.0000% / 1h50m 29s$1.1M$148K10x
ShortedgeX XRPUSDC1.51990.0100get 0.0050% / 4h50m 29s$660K$113.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against dYdX. 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
$21
Price spread: −0.138% → −0.029%
−$10.83
Slippage, 4 orders
−$42.85
Fee dYdX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$51.68
Costs to cover
0.619%
Break-even
24.2 days
Slippage from dYdX: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 4 min ago20.06 bp25.8 bp −$2629.3 bp −$29341.7 bp −$4,169244.7 bp −$122.3K
Sell edgeX live order book, 4 min ago0.99 bp5.5 bp −$55.7 bp −$578.9 bp −$889doesn't fit

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%1h1.5194−0.173%$5K$3K20xas long as short
dYdX XRP-USDlong0.0000%1h1.5220long leg$1.1M$148K10x
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5195−0.166%$7.8M$24.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5201−0.127%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.232%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5191−0.190%$14.5M$74.0M50xas long as short
Lighter XRP+0.0096%1h1.5190−0.197%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5194−0.173%$549K$3.1M20xas long as short
GMX XRP/USD [ETH-USDC]L +0.0096% / S −0.0054%1h1.5199−0.142%$784K200xas long as short
Katana Perps XRP-USD+0.0099%8h1.5187−0.219%$10K$371K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5187−0.216%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5191−0.193%$38.5M$87.1M100xas long as short
Pacifica XRP+0.0100%1h1.5192−0.183%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5190−0.201%$532.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5187−0.219%$349.3M$959.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5190−0.199%$127.5M$882.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5190−0.199%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5198−0.147%$144K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5191−0.196%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5187−0.219%$378.6M$159.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5191−0.193%$313.2M$917.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5190−0.197%$107.0M$184.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5187−0.219%$268.5M$393.8M125xas long as short
BingX XRP-USDC+0.0100%8h1.5185−0.232%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5190−0.202%$4.9M$38.5Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5199−0.138%$660K$113.4M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5223+0.020%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5209−0.074%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5198−0.146%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5190−0.199%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5191−0.193%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5191−0.193%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5193−0.178%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5215−0.038%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5194−0.173%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5193−0.179%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5198−0.147%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5189−0.203%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5186−0.225%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5191−0.191%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0128%1h1.5202−0.118%$17K$79K7xas long as short
01 Exchange XRPUSD+0.0136%1h1.5195−0.166%$8K$2K10xas long as short
Hyperliquid XRP+0.0164%1h1.5202−0.120%$289.5M$267.4M20xas long as short
Backpack XRP_USDC_PERP+0.0172%1h1.5202−0.120%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5200−0.133%$5.6M$48.1M50xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5224+0.024%$1.7M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5186−0.223%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5194−0.173%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5194−0.175%$528K$803K10xas long as short
Phoenix XRP+0.0526%1h1.5210−0.068%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0667%1h1.5204−0.106%$2K$16K10xas long as short