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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0384%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h +0.117%
Price spread now: RISEx against Nado+0.023%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$160.161% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.297%+$30 on $10k
Price spread, last 4 days (all we have)−0.386%−$39 · spread now +0.023%, 7d avg +0.020%
Together, before fees−0.089%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XRP-PERP1.51070.0100pay 0.0012% / 1h49m 23s$1.0M$5.9M20x
ShortRISEx XRP/USDC1.51100.0484get 0.0060% / 1h49m 23s$526K$769K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$80.58
Price spread: +0.023% → +0.020%
$0.36
Slippage, 4 orders
−$3.09
Fee Nado: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$64.84
Costs to cover
0.161%
Break-even
1.4 days
Slippage from Nado: live order book, 5 min ago; RISEx: live order book, 14 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 ago0.33 bp4.0 bp −$49.2 bp −$9244.6 bp −$4,462doesn't fit
Sell RISEx live order book, 14 min ago0.73 bp3.7 bp −$47.1 bp −$71doesn't fitdoesn't fit

XRP on 50 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%1h1.5111+0.030%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5121+0.096%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5103−0.023%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0026% / S +0.0049%1h1.5097−0.065%$798K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.002%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0075%8h1.5103−0.023%$62K$935K50xas long as short
01 Exchange XRPUSD+0.0080%1h1.5108+0.010%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5116+0.063%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5119+0.083%$508K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5099−0.050%$10K$305K20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERPlong+0.0100%1h1.5107long leg$1.0M$5.9M20x
Hyperliquid XRP+0.0100%1h1.5114+0.050%$279.7M$220.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5106−0.001%$38.4M$83.1M100xas long as short
Pacifica XRP+0.0100%1h1.5116+0.064%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5105−0.008%$535.7M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5103−0.023%$341.9M$925.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5105−0.010%$124.9M$862.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5113+0.043%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5110+0.023%$114K$695K20xas long as short
Bulk XRP-USD+0.0100%1h1.5087−0.132%$1.6M$161K20xas long as short
Gate XRP_USDT+0.0100%8h1.5107+0.003%$369.0M$150.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5108+0.010%$292.2M$892.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5106−0.003%$106.4M$170.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5105−0.010%$266.1M$379.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5105−0.010%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5141+0.225%$6.0M$36.0Mas long as short
edgeX XRPUSDC+0.0100%4h1.5102−0.028%$657K$108.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5143+0.238%$1.1M$35.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5108+0.010%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5112+0.036%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5106−0.003%$41K$447K20xas long as short
Bullet XRP-USD+0.0100%1h1.5109+0.013%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5107+0.001%$813K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5105−0.009%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5100−0.043%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5098−0.054%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5106−0.003%$53.8M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5105−0.010%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5102−0.026%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5098−0.054%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5104−0.017%$7.7M$25.2M50xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5103−0.024%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5105−0.010%$5.6M$46.2M50xas long as short
Backpack XRP_USDC_PERP+0.0232%1h1.5114+0.050%$1.9M$1.3M25xas long as short
Kraken Futures PF_XRPUSD+0.0274%1h1.5096−0.071%$14.4M$72.8M50xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5102−0.032%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0357%8h1.5127+0.136%$2.1M$34.9M2.9xas long as short
RISEx XRP/USDCshort+0.0484%1h1.5110+0.023%$526K$769K10x
Phoenix XRP+0.0528%1h1.5130+0.156%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0724%1h1.5117+0.067%$2K$14K10xas long as short