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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.043%
Price spread now: Extended against edgeX+0.112%93s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 7 days−0.128%−$13 · spread now +0.112%, 7d avg −0.006%
Together, before fees+0.054%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$5 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: Extended is 0.118% dearer against edgeX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.51670.0100pay 0.0050% / 4h3h 31m$659K$91.2M30x
ShortExtended XRP-USD1.51840.0104get 0.0013% / 1h31m 48s$2.1M$7.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.112% → −0.006%
$11.77
Slippage, 4 orders
−$4.13
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$5.52
Costs to cover
0.181%
Break-even
53.0 days
Slippage from edgeX: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago1.65 bp6.1 bp −$66.1 bp −$619.2 bp −$919doesn't fit
Sell Extended live order book, 3 min ago0.33 bp2.8 bp −$34.7 bp −$47doesn't fitdoesn'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
GMX XRP/USD [ETH-USDC]L −0.0207% / S +0.0293%1h1.5184+0.117%$1.6M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5197+0.200%$7K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.0013%1h1.5195+0.186%$15.9M$59.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5188+0.139%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.022%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5199+0.213%$9.0M$22.8M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5186+0.128%$257K150xas long as short
Orderly PERP_XRP_USDC+0.0045%8h1.5186+0.127%$180K$781K50xas long as short
Injective XRP/USDC PERP+0.0050%1h1.5090−0.506%$2K$51K30xas long as short
Vest XRP-PERP+0.0071%1h1.5187+0.135%$9K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5186+0.127%$2.9M$10.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5191+0.160%$567K$2.4M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5198+0.206%$12K$241K20xas long as short
Nado XRP-PERP+0.0100%1h1.5184+0.117%$1.1M$5.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5185+0.120%$38.6M$69.9M100xas long as short
Pacifica XRP+0.0100%1h1.5188+0.140%$671K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5182+0.101%$539.2M$1.79B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5188+0.140%$343.4M$798.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5188+0.140%$124.2M$807.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5182+0.101%$564K$45K5xas long as short
Arcus XRP-USD+0.0100%1h1.5195+0.187%$114K$622K20xas long as short
Gate XRP_USDT+0.0100%8h1.5189+0.147%$354.6M$127.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5182+0.101%$310.3M$771.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5187+0.134%$110.4M$140.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5187+0.134%$263.5M$327.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5191+0.160%$103.8Mas long as short
Variational Omni XRP+0.0100%8h1.5188+0.139%$7.4M$22.3Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5167long leg$659K$91.2M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5169+0.014%$1.1M$41.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5196+0.193%$1.0M$757K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5192+0.167%$49K$460K20xas long as short
Bullet XRP-USD+0.0100%1h1.5187+0.135%$42K$61K20xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.167%$818K$67K10xas long as short
SunX XRP-USDT+0.0100%8h1.5190+0.156%$127K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5192+0.167%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5178+0.074%$50.0M$13.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5189+0.147%$54.5M$27.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5194+0.180%$1.6M$202K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5188+0.140%$474K$54K50xas long as short
Extended XRP-USDshort+0.0104%1h1.5184+0.112%$2.1M$7.2M50x
Aevo XRP-PERP+0.0104%1h1.5194+0.181%$73K$37K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5195+0.187%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5205+0.252%$5.3M$41.0M50xas long as short
Backpack XRP_USDC_PERP+0.0193%1h1.5198+0.206%$1.7M$895K25xas long as short
Kalshi KXXRPPERP+0.0206%8h1.5203+0.239%$1.7M$31.7M2.9xas long as short
Reya XRPRUSDPERP+0.0210%1h1.5186+0.128%$1.3M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5210+0.285%$23.4M$61.7M125xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5189+0.145%$19K$43K7xas long as short
RISEx XRP/USDC+0.0330%1h1.5197+0.197%$402K$502K10xas long as short
Hyperliquid XRP+0.0440%1h1.5210+0.285%$283.4M$165.4M20xas long as short
Aftermath Perps XRPUSD+0.0458%1h1.5183+0.109%$1K$10K10xas long as short