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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Nado+0.064%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$150.150% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.011%+$1 on $10k
Price spread, last 7 days−0.143%−$14 · spread now +0.064%, 7d avg −0.065%
Together, before fees−0.132%+ Points / potential airdropNado: Active · Extended: 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: Extended is 0.130% dearer against Nado than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XRP-PERP1.55700.0100pay 0.0012% / 1h24m 11s$1.1M$5.4M20x
ShortExtended XRP-USD1.55800.0104get 0.0013% / 1h24m 11s$2.1M$7.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.064% → −0.065%
$12.99
Slippage, 4 orders
−$3
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$1.16
Costs to cover
0.150%
Break-even
16.7 days
Slippage from Nado: live order book, 5 min ago; Extended: 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 Nado live order book, 5 min ago0.32 bp5.0 bp −$513.3 bp −$133doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.32 bp2.8 bp −$34.3 bp −$43doesn'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%1h1.5536−0.215%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5565−0.028%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5583+0.087%$261K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0007%1h1.5587+0.112%$9.6M$25.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.795%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5583+0.084%$15.5M$68.8M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0053% / S +0.0121%1h1.5583+0.090%$1.1M200xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5581+0.074%$79K$946K50xas long as short
Lighter XRP+0.0096%1h1.5583+0.084%$3.0M$12.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5582+0.080%$441K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERPlong+0.0100%1h1.5570long leg$1.1M$5.4M20x
Aster XRPUSDT+0.0100%8h1.5583+0.084%$39.6M$78.4M100xas long as short
Pacifica XRP+0.0100%1h1.5574+0.030%$641K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5572+0.017%$560.3M$1.97B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5569−0.003%$348.7M$895.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5567−0.016%$127.6M$880.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5528−0.267%$578K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5576+0.042%$119K$740K20xas long as short
Gate XRP_USDT+0.0100%8h1.5583+0.087%$374.8M$140.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5569−0.003%$297.5M$853.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5575+0.035%$113.8M$159.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5568−0.010%$271.6M$363.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5582+0.080%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5537−0.212%$11.7M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5495−0.476%$675K$101.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5534−0.230%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5504−0.421%$1.0M$882K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5579+0.061%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5585+0.100%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5585+0.098%$839K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5582+0.078%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5584+0.093%$33K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5577+0.049%$51.2M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5574+0.029%$55.4M$29.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5477−0.596%$1.7M$578K20xas long as short
Vest XRP-PERP+0.0100%1h1.5566−0.022%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5574+0.030%$486K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5566−0.022%$12K$259K20xas long as short
Extended XRP-USDshort+0.0104%1h1.5580+0.064%$2.1M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5580+0.066%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5576+0.042%$8K$8K10xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5552−0.111%$18K$82K7xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5575+0.033%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5587+0.112%$5.8M$47.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5554−0.100%$24.6M$73.7M125xas long as short
Backpack XRP_USDC_PERP+0.0287%1h1.5580+0.067%$1.8M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0322%8h1.5586+0.106%$1.9M$32.8M2.9xas long as short
Phoenix XRP+0.0516%1h1.5480−0.575%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5582+0.080%$511K$629K10xas long as short
Hyperliquid XRP+0.0602%1h1.5592+0.145%$291.9M$202.6M20xas long as short
Aftermath Perps XRPUSD+0.0733%1h1.5548−0.136%$1K$11K10xas long as short