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

XRP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.008%
Price spread now: edgeX against gTrade (Gains Network)−0.030%68s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2812.810% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.051%−$5 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.030%, 7d avg −0.011%
Together, before fees−0.184%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XRP/USD1.5140L +0.0003% / S −0.0004%pay 0.0000% / 1h39m 52s$245K150x
ShortedgeX XRPUSDC1.51350.0100get 0.0050% / 4h1h 39m$657K$114.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against gTrade (Gains Network). 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
$20.3
Price spread: −0.030% → −0.011%
−$1.93
Slippage, 4 orders
−$261.97
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$262.6
Costs to cover
2.810%
Break-even
97.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; edgeX: live order book, 4 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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.02 bp135.0 bp −$135208.0 bp −$2,0801906.1 bp −$190.6K9819.7 bp −$4.91M
Sell edgeX live order book, 4 min ago0.33 bp5.5 bp −$55.5 bp −$558.5 bp −$849doesn'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%1h1.5157+0.115%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5151+0.078%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.069%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDlongL +0.0003% / S −0.0004%1h1.5140long leg$245K150x
Kraken Futures PF_XRPUSD+0.0025%1h1.5138−0.010%$14.4M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.777%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0080%1h1.5159+0.128%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5140+0.003%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S −0.0029%1h1.5142+0.019%$799K200xas long as short
Lighter XRP+0.0096%1h1.5138−0.010%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5139−0.004%$544K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5150+0.069%$13K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5153+0.092%$988K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5137−0.017%$38.5M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5160+0.133%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5136−0.024%$529.5M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5131−0.057%$344.8M$969.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5134−0.037%$127.1M$888.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161+0.141%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5160+0.135%$143K$721K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145+0.036%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5133−0.044%$372.3M$159.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5136−0.024%$298.2M$921.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5133−0.041%$107.2M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5130−0.063%$266.9M$399.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5134−0.037%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5148+0.054%$4.7M$38.5Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5135−0.030%$657K$114.7M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5145+0.034%$1.1M$36.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147+0.049%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5155+0.101%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5152+0.082%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5145+0.039%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5137−0.017%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5137−0.017%$814K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145+0.036%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5135−0.030%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5140+0.003%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5135−0.030%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5166+0.174%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5130−0.063%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5136−0.024%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0157%1h1.5143+0.022%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5151+0.076%$17K$79K7xas long as short
Hyperliquid XRP+0.0164%1h1.5148+0.055%$288.0M$265.5M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5145+0.036%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5161+0.141%$1.8M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5143+0.024%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5151+0.075%$23.6M$77.9M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5158+0.122%$523K$796K10xas long as short
Aftermath Perps XRPUSD+0.0566%1h1.5157+0.113%$2K$16K10xas long as short