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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Gate against edgeX+0.005%82s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 7 days+0.021%+$2 · spread now +0.005%, 7d avg +0.032%
Together, before fees+0.135%+ Points / potential airdropedgeX: Active · farm board+$13 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: Gate is 0.027% 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 +0.032%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.51410.0100pay 0.0050% / 4h1h 48m$658K$114.4M30x
ShortGate XRP_USDT1.51420.0100get 0.0100% / 8h1h 48m$373.1M$158.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.005% → +0.032%
−$2.72
Slippage, 4 orders
−$8.05
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$34.77
Costs to cover
0.321%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; Gate: 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 edgeX live order book, 1 min ago0.99 bp5.5 bp −$55.5 bp −$558.8 bp −$876doesn't fit
Sell Gate live order book, 1 min ago0.33 bp10.1 bp −$1013.1 bp −$13127.2 bp −$2,72138.7 bp −$19.3K

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+0.045%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5146+0.032%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.190%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5143+0.014%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5148+0.045%$7.7M$25.1M50xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5146+0.031%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.766%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5139−0.015%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0079% / S −0.0026%1h1.5143+0.013%$798K200xas long as short
Lighter XRP+0.0096%1h1.5145+0.027%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5147+0.038%$546K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5138−0.021%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147+0.035%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5144+0.016%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5151+0.064%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5144+0.018%$528.3M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5145+0.025%$344.7M$967.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5146+0.031%$127.1M$891.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5146+0.031%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5147+0.038%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.082%$1.6M$5K20xas long as short
Gate XRP_USDTshort+0.0100%8h1.5142+0.005%$373.1M$158.9M100x
MEXC XRP_USDT+0.0100%8h1.5145+0.025%$298.7M$918.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5144+0.017%$107.3M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5145+0.025%$266.9M$400.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5144+0.018%$106.4Mas long as short
Variational Omni XRP+0.0100%8h1.5130−0.074%$4.7M$38.5Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5141long leg$658K$114.4M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5141−0.003%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5146+0.031%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5147+0.035%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5144+0.018%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5144+0.018%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5144+0.018%$65K$933K50xas long as short
Derive XRP-PERP+0.0100%1h1.5144+0.021%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5148+0.047%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5143+0.012%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5147+0.035%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5142+0.005%$54.0M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5153+0.078%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5138−0.019%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5142+0.005%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0163%1h1.5155+0.091%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5163+0.143%$17K$81K7xas long as short
Hyperliquid XRP+0.0168%1h1.5159+0.117%$289.2M$264.2M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5150+0.058%$5.7M$48.3M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5137−0.026%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5146+0.031%$23.5M$77.9M125xas long as short
Kalshi KXXRPPERP+0.0223%8h1.5155+0.091%$1.7M$35.4M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5147+0.040%$522K$796K10xas long as short
Aftermath Perps XRPUSD+0.0550%1h1.5146+0.032%$2K$16K10xas long as short