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 Nado+0.038%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.148%−$15 on $10k
Price spread, last 7 days−0.117%−$12 · spread now +0.038%, 7d avg −0.060%
Together, before fees−0.265%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$26 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 0.098% dearer against Nado than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XRP-PERP1.51460.0100pay 0.0012% / 1h37m 29s$1.0M$5.9M20x
ShortedgeX XRPUSDC1.51520.0100get 0.0050% / 4h37m 29s$658K$108.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Nado. 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: +0.038% → −0.060%
$9.8
Slippage, 4 orders
−$2.64
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$8.84
Costs to cover
0.186%
Break-even
908050927770227.3 days
Slippage from Nado: live order book, 2 min ago; edgeX: live order book, 2 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 Nado live order book, 2 min ago0.33 bp3.8 bp −$49.4 bp −$9443.1 bp −$4,306doesn't fit
Sell edgeX live order book, 2 min ago0.99 bp5.5 bp −$55.5 bp −$559.0 bp −$897doesn'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%1h1.5162+0.102%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5159+0.084%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5161+0.096%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.023%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5148+0.011%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5165+0.122%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.730%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0040% / S +0.0030%1h1.5160+0.092%$789K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5156+0.063%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0081%8h1.5163+0.109%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5161+0.093%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5164+0.116%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5148+0.010%$9K$324K20xas long as short
Nado XRP-PERPlong+0.0100%1h1.5146long leg$1.0M$5.9M20x
Hyperliquid XRP+0.0100%1h1.5152+0.036%$281.3M$225.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5161+0.096%$38.4M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5162+0.101%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5147+0.005%$533.7M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5137−0.063%$344.4M$931.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5142−0.030%$125.8M$874.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175+0.188%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5148+0.010%$110K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146−0.005%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5156+0.063%$369.9M$153.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5149+0.017%$289.2M$897.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5135−0.075%$107.8M$173.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5150+0.023%$267.7M$384.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5157+0.069%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5148+0.008%$5.4M$37.3Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5152+0.038%$658K$108.2M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5180+0.221%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5153+0.043%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5149+0.017%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5155+0.056%$44K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5150+0.023%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5166+0.126%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5165+0.123%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5161+0.096%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5159+0.085%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5158+0.076%$54.1M$30.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5163+0.112%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5151+0.028%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5164+0.115%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5162+0.099%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0164%1h1.5171+0.162%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5170+0.155%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5146−0.002%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5141−0.036%$24.1M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5152+0.036%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5158+0.077%$516K$779K10xas long as short
Aftermath Perps XRPUSD+0.0652%1h1.5157+0.069%$2K$15K10xas long as short