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: BingX against edgeX+0.007%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.228% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.131%+$13 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.007%, 7d avg +0.033%
Together, before fees+0.139%+ Points / potential airdropedgeX: Active · farm board+$14 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: BingX is 0.026% cheaper against edgeX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.55930.0100pay 0.0050% / 4h45m 17s$677K$103.5M30x
ShortBingX XRP-USDT1.55940.0100get 0.0100% / 8h45m 17s$120.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.007% → +0.033%
−$2.62
Slippage, 4 orders
−$3.84
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$25.46
Costs to cover
0.228%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago0.96 bp5.5 bp −$55.6 bp −$569.1 bp −$910doesn't fit
Sell BingX live order book, 9 min ago0.96 bp6.0 bp −$66.0 bp −$607.9 bp −$79412.8 bp −$6,414

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%1h1.5603+0.065%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5605+0.075%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5620+0.174%$70K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5600+0.045%$9.7M$25.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5590−0.017%$261K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0105%1h1.5590−0.021%$858K200xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5598+0.032%$15.6M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5596+0.020%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.211%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5605+0.078%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5605+0.078%$444K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5596+0.023%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5597+0.028%$39.6M$80.0M100xas long as short
Pacifica XRP+0.0100%1h1.5606+0.082%$642K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5594+0.009%$558.4M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5595+0.013%$347.8M$914.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5595+0.013%$127.4M$891.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5568−0.160%$579K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5604+0.071%$117K$752K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.258%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5595+0.013%$375.5M$143.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5596+0.020%$302.4M$868.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5598+0.035%$113.5M$163.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5597+0.026%$272.8M$370.0M125xas long as short
BingX XRP-USDTshort+0.0100%8h1.5594+0.007%$120.6M
Variational Omni XRP+0.0100%8h1.5624+0.196%$11.7M$30.5Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5593long leg$677K$103.5M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5605+0.078%$1.1M$40.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5567−0.166%$1.0M$899K50xas long as short
Vest XRP-PERP+0.0100%1h1.5598+0.035%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5599+0.039%$49K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5594+0.007%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5600+0.046%$840K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5604+0.069%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5598+0.033%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5599+0.039%$51.2M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5593+0.001%$55.5M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5603+0.062%$486K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5609+0.103%$13K$266K20xas long as short
Extended XRP-USD+0.0104%1h1.5596+0.018%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5598+0.033%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5602+0.058%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5594+0.009%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5585−0.051%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5607+0.090%$5.9M$47.8M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5633+0.256%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5636+0.276%$2.0M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0396%1h1.5629+0.231%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0626%1h1.5616+0.148%$297.6M$208.8M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5613+0.128%$509K$632K10xas long as short
Aftermath Perps XRPUSD+0.0813%1h1.5610+0.108%$1K$11K10xas long as short