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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.147%
Price spread now: RISEx against edgeX+0.304%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$7as in the Price arb table
costs, in and out, $10k−$190.190% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.460%+$46 on $10k
Price spread, last 4 days (all we have)−0.555%−$55 · spread now +0.304%, 7d avg +0.047%
Together, before fees−0.094%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.258% dearer against edgeX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.50930.0100pay 0.0050% / 4h2h 34m$655K$108.6M30x
ShortRISEx XRP/USDC1.51390.0456get 0.0057% / 1h34m 57s$536K$783K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$74.83
Price spread: +0.304% → +0.047%
$25.78
Slippage, 4 orders
−$4.01
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
$81.6
Costs to cover
0.190%
Break-even
from the start
Slippage from edgeX: live order book, 4 min ago; RISEx: live order book, 34 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 ago1.00 bp5.5 bp −$55.7 bp −$578.6 bp −$863doesn't fit
Sell RISEx live order book, 34 min ago1.01 bp4.0 bp −$411.1 bp −$111doesn'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
Hotstuff XRP-PERP−0.0080%1h1.5135+0.278%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5124+0.205%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5100+0.046%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123+0.201%$252K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0019% / S +0.0062%1h1.5122+0.190%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.094%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5127+0.225%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0071%8h1.5133+0.265%$58K$949K50xas long as short
Lighter XRP+0.0096%1h1.5132+0.258%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5134+0.272%$517K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5127+0.225%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5136+0.288%$806K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5139+0.305%$38.5M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5134+0.269%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5141+0.318%$537.7M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5139+0.305%$340.3M$942.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5146+0.351%$123.7M$872.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5069−0.159%$561K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5138+0.298%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101+0.053%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5136+0.285%$367.3M$151.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5135+0.278%$291.6M$907.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5137+0.290%$106.7M$172.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5144+0.338%$265.9M$385.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5138+0.298%$127.5Mas long as short
Variational Omni XRP+0.0100%8h1.5126+0.220%$6.2M$35.8Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5093long leg$655K$108.6M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5084−0.061%$1.1M$38.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5107+0.093%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5133+0.268%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5135+0.278%$45K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5132+0.257%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5135+0.276%$814K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5143+0.331%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5132+0.258%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5130+0.243%$49.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5131+0.252%$53.8M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5132+0.261%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5135+0.276%$2.0M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5130+0.242%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5136+0.285%$8K$8K10xas long as short
Hyperliquid XRP+0.0208%1h1.5142+0.325%$280.7M$221.9M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0213%1h1.5134+0.272%$7.6M$25.3M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5131+0.254%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5134+0.272%$5.7M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.663%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5094+0.005%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0342%8h1.5137+0.291%$2.1M$36.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0344%1h1.5144+0.338%$1.9M$1.3M25xas long as short
RISEx XRP/USDCshort+0.0456%1h1.5139+0.304%$536K$783K10x
Aftermath Perps XRPUSD+0.0799%1h1.5121+0.186%$2K$14K10xas long as short