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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.042%
Price spread now: Binance against edgeX+0.528%90s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 7 days−0.519%−$52 · spread now +0.528%, 7d avg +0.034%
Together, before fees−0.449%+ Points / potential airdropedgeX: Active · farm board−$45 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: Binance is 0.495% dearer against edgeX than usual: you sell high and buy low, +$49 on $10k if it goes back to its 7-day average of +0.034%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.55400.0100pay 0.0050% / 4h1h 48m$675K$98.4M30x
ShortBinance XRPUSDT1.56220.0100get 0.0100% / 8h1h 48m$566.4M$1.92B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.528% → +0.034%
$49.45
Slippage, 4 orders
−$3.72
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
$26.73
Costs to cover
0.227%
Break-even
from the start
Slippage from edgeX: live order book, 1 min ago; Binance: live order book, 11 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, 1 min ago0.96 bp5.5 bp −$55.5 bp −$558.5 bp −$855doesn't fit
Sell Binance live order book, 11 min ago0.32 bp5.3 bp −$55.6 bp −$5613.2 bp −$1,32329.4 bp −$14.7K

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%1h1.5591+0.328%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5618+0.505%$1.1M$104K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5623+0.535%$262K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.609%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5631+0.584%$15.7M$67.4M50xas long as short
Orderly PERP_XRP_USDC+0.0052%8h1.5629+0.573%$82K$935K50xas long as short
Hibachi XRP/USDT-P+0.0064%1h1.5577+0.236%$19K$73K7xas long as short
Deribit XRP_USDC-PERPETUAL+0.0070%1h1.5631+0.586%$9.6M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0079% / S +0.0146%1h1.5622+0.531%$925K200xas long as short
Lighter XRP+0.0096%1h1.5632+0.592%$3.0M$11.7M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5634+0.605%$461K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5631+0.588%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5627+0.563%$39.8M$74.9M100xas long as short
Pacifica XRP+0.0100%1h1.5624+0.541%$675K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5622+0.528%$566.4M$1.92B100x
Bybit XRPUSDT+0.0100%8h1.5622+0.528%$354.8M$870.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5620+0.515%$128.8M$868.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5541+0.006%$579K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5632+0.592%$121K$724K20xas long as short
Bulk XRP-USD+0.0100%1h1.5527−0.084%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5626+0.553%$372.7M$134.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5630+0.579%$291.1M$822.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5626+0.556%$113.0M$153.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5620+0.515%$271.2M$352.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5620+0.515%$115.2Mas long as short
Variational Omni XRP+0.0100%8h1.5524−0.102%$11.8M$29.8Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5540long leg$675K$98.4M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5571+0.197%$1.1M$41.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5590+0.322%$1.0M$882K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5627+0.560%$54K$436K20xas long as short
Bullet XRP-USD+0.0100%1h1.5627+0.560%$42K$62K20xas long as short
Derive XRP-PERP+0.0100%1h1.5629+0.573%$841K$71K10xas long as short
SunX XRP-USDT+0.0100%8h1.5631+0.583%$131K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5628+0.566%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5630+0.581%$51.4M$15.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5629+0.573%$55.6M$28.8M50xas long as short
Vest XRP-PERP+0.0100%1h1.5611+0.458%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5618+0.504%$487K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5619+0.508%$12K$248K20xas long as short
Extended XRP-USD+0.0104%1h1.5619+0.511%$2.1M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5627+0.561%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0160%1h1.5634+0.605%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5626+0.551%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5635+0.611%$5.8M$46.2M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5596+0.360%$24.6M$71.7M125xas long as short
Kalshi KXXRPPERP+0.0338%8h1.5628+0.566%$1.9M$32.0M2.9xas long as short
Backpack XRP_USDC_PERP+0.0372%1h1.5631+0.586%$1.8M$977K25xas long as short
Phoenix XRP+0.0516%1h1.5590+0.322%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5637+0.625%$409K$530K10xas long as short
Aftermath Perps XRPUSD+0.0585%1h1.5572+0.208%$1K$11K10xas long as short
Hyperliquid XRP+0.0656%1h1.5638+0.631%$289.6M$195.3M20xas long as short