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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%
Price spread now: edgeX against KuCoin−0.410%68s7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.285% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 7 days+0.387%+$39 · spread now −0.410%, 7d avg −0.040%
Together, before fees+0.305%+ Points / potential airdropedgeX: Active · farm board+$30 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: edgeX is 0.369% cheaper against KuCoin than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of −0.040%. 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
LongKuCoin XRPUSDTM1.51550.0100pay 0.0100% / 8h6h 34m$106.8M$171.9M75x
ShortedgeX XRPUSDC1.50930.0100get 0.0050% / 4h2h 34m$655K$108.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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: −0.410% → −0.040%
−$36.94
Slippage, 4 orders
−$7.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$65.4
Costs to cover
0.285%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; edgeX: live order book, 5 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 KuCoin live order book, 10 min ago0.10 bp6.3 bp −$611.6 bp −$11635.9 bp −$3,585doesn't fit
Sell edgeX live order book, 5 min ago1.00 bp5.5 bp −$55.8 bp −$5811.9 bp −$1,192doesn'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%1h1.5139−0.106%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5143−0.082%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5100−0.364%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149−0.039%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0019% / S +0.0062%1h1.5148−0.045%$802K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.672%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5154−0.007%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0071%8h1.5155−0.001%$59K$949K50xas long as short
Lighter XRP+0.0096%1h1.5148−0.049%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5147−0.053%$517K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5137−0.119%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5153−0.011%$816K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5152−0.019%$38.5M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5147−0.053%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5156+0.006%$538.2M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5153−0.014%$340.7M$942.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5154−0.007%$123.9M$873.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5069−0.568%$561K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5152−0.020%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101−0.357%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5153−0.014%$367.3M$151.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5154−0.007%$291.5M$908.4M300xas long as short
KuCoin XRPUSDTMlong+0.0100%8h1.5155long leg$106.8M$171.9M75x
Bitget XRPUSDT+0.0100%8h1.5150−0.034%$266.0M$385.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5155−0.001%$127.6Mas long as short
Variational Omni XRP+0.0100%8h1.5126−0.191%$6.2M$35.8Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5093−0.410%$655K$108.6M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5084−0.471%$1.1M$38.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5107−0.317%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5149−0.038%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5156+0.006%$44K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5155−0.001%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5157+0.011%$816K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5160+0.032%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5154−0.007%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5156+0.007%$49.7M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5131−0.159%$53.8M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5147−0.056%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5147−0.050%$2.0M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5150−0.037%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5146−0.060%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0146%1h1.5153−0.014%$7.7M$25.3M50xas long as short
Hyperliquid XRP+0.0214%1h1.5164+0.059%$280.9M$222.1M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5152−0.023%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5160+0.032%$5.7M$46.7M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.250%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5128−0.177%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0342%8h1.5137−0.119%$2.1M$36.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0344%1h1.5144−0.073%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5153−0.014%$537K$783K10xas long as short
Aftermath Perps XRPUSD+0.0793%1h1.5126−0.191%$2K$14K10xas long as short