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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Arcus against edgeX+0.352%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$15as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.148%+$15 on $10k
Price spread, last 4 days (all we have)−0.555%−$56 · spread now +0.352%, 7d avg −0.005%
Together, before fees−0.408%+ Points / potential airdropedgeX: Active · farm board−$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.357% dearer against edgeX than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.51940.0100pay 0.0050% / 4h1h 19m$660K$113.8M30x
ShortArcus XRP-USD1.52480.0100get 0.0013% / 1h19m 20s$145K$716K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against edgeX. 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
Price spread: +0.352% → −0.005%
$35.74
Slippage, 4 orders
−$7.51
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$14.73
Costs to cover
0.210%
Break-even
from the start
Slippage from edgeX: live order book, 5 min ago; Arcus: live order book, 24 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 edgeX live order book, 5 min ago0.99 bp5.5 bp −$55.5 bp −$558.3 bp −$828doesn't fit
Sell Arcus live order book, 24 min ago0.99 bp4.8 bp −$58.3 bp −$8328.1 bp −$2,807doesn't fit

XRP on 50 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%1h1.5243+0.320%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5232+0.247%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5200+0.037%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5212+0.114%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5232+0.244%$14.5M$75.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.406%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5236+0.273%$7.8M$24.7M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0088% / S −0.0040%1h1.5231+0.237%$786K200xas long as short
Lighter XRP+0.0096%1h1.5237+0.277%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5237+0.280%$548K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5233+0.254%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5240+0.303%$993K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5234+0.262%$38.7M$87.9M100xas long as short
Pacifica XRP+0.0100%1h1.5239+0.295%$620K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5232+0.245%$534.4M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5228+0.221%$349.5M$965.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5232+0.247%$128.2M$884.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196+0.010%$565K$33K5xas long as short
Arcus XRP-USDshort+0.0100%1h1.5248+0.352%$145K$716K20x
Gate XRP_USDT+0.0100%8h1.5231+0.241%$378.6M$161.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5233+0.254%$313.0M$930.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5235+0.269%$107.9M$182.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5230+0.234%$269.2M$397.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5229+0.227%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5198+0.022%$4.8M$38.5Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5194long leg$660K$113.8M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5199+0.027%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204+0.063%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5236+0.275%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5240+0.300%$66K$507K20xas long as short
Bullet XRP-USD+0.0100%1h1.5233+0.251%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5232+0.247%$65K$747K50xas long as short
SunX XRP-USDT+0.0100%8h1.5243+0.321%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5231+0.241%$32K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5232+0.245%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5231+0.241%$54.5M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5206+0.076%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5248+0.353%$475K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5227+0.212%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5231+0.244%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5246+0.339%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0144%1h1.5233+0.252%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5238+0.287%$5.7M$48.4M50xas long as short
Backpack XRP_USDC_PERP+0.0187%1h1.5240+0.300%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0210%1h1.5246+0.339%$290.2M$265.0M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5229+0.229%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5214+0.129%$23.6M$78.1M125xas long as short
Kalshi KXXRPPERP+0.0223%8h1.5233+0.254%$1.7M$35.3M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5236+0.276%$533K$802K10xas long as short
Aftermath Perps XRPUSD+0.0644%1h1.5214+0.127%$2K$16K10xas long as short