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+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Phemex+0.005%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex XRPUSDT1.51710.0100pay 0.0100% / 8h5h 28m$54.0M$30.0M50x
ShortAevo XRP-PERP1.51720.0104get 0.0013% / 1h28m 27s$58K$25K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Phemex. 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: +0.005% → 0.000%
$0.47
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.69
Costs to cover
0.280%
Break-even
229.4 days
Slippage unknown: Phemex: live order book, 6 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 6 min ago1.32 bp9.6 bp −$1013.7 bp −$13720.8 bp −$2,080doesn't fit
Sell Aevo no order-book sample
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5169−0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5167−0.023%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5183+0.077%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5176+0.033%$7.7M$25.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.564%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0034% / S +0.0043%1h1.5183+0.077%$820K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5160−0.073%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0075%8h1.5179+0.053%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5170−0.008%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5170−0.007%$512K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5152−0.125%$10K$309K20xas long as short
Nado XRP-PERP+0.0100%1h1.5168−0.022%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5172+0.007%$281.2M$221.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5168−0.020%$38.5M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5171−0.001%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5163−0.052%$537.5M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5161−0.066%$344.3M$926.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5163−0.053%$125.8M$867.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.51710.000%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5168−0.020%$114K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5156−0.098%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5166−0.033%$369.4M$152.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5168−0.020%$291.5M$898.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5169−0.011%$108.3M$171.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5160−0.073%$267.8M$380.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5167−0.026%$126.1Mas long as short
Variational Omni XRP+0.0100%8h1.5198+0.181%$5.8M$36.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5177+0.037%$659K$109.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5214+0.282%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.244%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5168−0.020%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5162−0.059%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5185+0.092%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5180+0.059%$817K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5187+0.102%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5173+0.013%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5182+0.071%$49.7M$15.6M75xas long as short
Phemex XRPUSDTlong+0.0100%8h1.5171long leg$54.0M$30.0M50x
Paradex XRP-USD-PERP+0.0100%8h1.5167−0.026%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5161−0.064%$2.0M$6.8M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5172+0.005%$58K$25K3x
Backpack XRP_USDC_PERP+0.0200%1h1.5178+0.046%$1.9M$1.3M25xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5159−0.082%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5177+0.040%$5.6M$46.5M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5178+0.046%$24.2M$75.1M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5184+0.086%$17K$82K7xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5170−0.005%$14.5M$73.1M50xas long as short
Kalshi KXXRPPERP+0.0354%8h1.5182+0.073%$2.1M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5165−0.041%$516K$776K10xas long as short
Phoenix XRP+0.0528%1h1.5190+0.125%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0680%1h1.5182+0.074%$2K$14K10xas long as short