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+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%
Price spread now: Nado against dYdX+0.122%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.100%+$10 on $10k
Price spread, last 7 days−0.181%−$18 · spread now +0.122%, 7d avg +0.023%
Together, before fees−0.081%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.100% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.51460get 0.0000% / 1h37m 45s$1.1M$114K10x
ShortNado XRP-PERP1.51640.0100get 0.0012% / 1h37m 45s$1.0M$5.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.122% → +0.023%
$9.97
Slippage, 4 orders
−$42.04
Fee dYdX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$28.07
Costs to cover
0.590%
Break-even
16.4 days
Slippage from dYdX: live order book, 1 min ago; Nado: live order book, 1 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, 1 min ago20.47 bp25.9 bp −$2627.9 bp −$27928.3 bp −$2,83577.6 bp −$38.8K
Sell Nado live order book, 1 min ago0.33 bp3.8 bp −$48.2 bp −$8240.0 bp −$4,001doesn'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%1h1.5148+0.013%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5159+0.088%$14.3M$73.8M50xas long as short
dYdX XRP-USDlong0.0000%1h1.5146long leg$1.1M$114K10x
Phoenix XRP0.0000%1h1.5150+0.027%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160+0.095%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5165+0.126%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.733%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0040% / S +0.0030%1h1.5160+0.095%$789K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5159+0.086%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0081%8h1.5163+0.112%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5159+0.086%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5160+0.093%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5153+0.046%$10K$324K20xas long as short
Nado XRP-PERPshort+0.0100%1h1.5164+0.122%$1.0M$5.9M20x
Hyperliquid XRP+0.0100%1h1.5169+0.152%$281.7M$225.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5161+0.099%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5149+0.021%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5162+0.106%$534.2M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5164+0.119%$345.0M$931.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5160+0.093%$125.9M$875.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175+0.192%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5107−0.257%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146−0.002%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5161+0.099%$370.0M$153.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5159+0.086%$289.8M$897.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5163+0.112%$108.0M$173.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5160+0.093%$267.9M$384.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5162+0.106%$126.7Mas long as short
Variational Omni XRP+0.0100%8h1.5148+0.011%$5.4M$37.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151+0.034%$658K$108.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180+0.225%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5149+0.020%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.112%$44K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5161+0.101%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5166+0.130%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5165+0.127%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5161+0.099%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5159+0.088%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5158+0.079%$54.1M$30.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5148+0.013%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5162+0.102%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5155+0.058%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5164+0.118%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5152+0.042%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0164%1h1.5171+0.165%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5170+0.159%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5161+0.100%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5141−0.033%$24.1M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5152+0.040%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5159+0.084%$516K$779K10xas long as short
Aftermath Perps XRPUSD+0.0658%1h1.5155+0.062%$2K$15K10xas long as short