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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: edgeX against Polymarket Perps+0.100%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.092%−$9 on $10k
Price spread, last 4 days (all we have)−0.385%−$38 · spread now +0.100%, 7d avg −0.033%
Together, before fees−0.477%+ Points / potential airdropedgeX: Active · farm board−$48 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 0.133% dearer against Polymarket Perps than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps XRP-USD1.53110.0100pay 0.0013% / 1h47m 11s$52K$475K20x
ShortedgeX XRPUSDC1.53260.0100get 0.0050% / 4h1h 47m$666K$109.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket Perps. 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: +0.100% → −0.033%
$13.31
Slippage, 4 orders
−$8.95
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$12.64
Costs to cover
0.259%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 63 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 Polymarket Perps live order book, 63 min ago2.28 bp8.1 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell edgeX live order book, 5 min ago0.98 bp5.5 bp −$55.5 bp −$559.0 bp −$898doesn't fit

XRP on 50 exchanges

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%1h1.5403+0.601%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5311+0.002%$14.0M$70.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5329+0.116%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5340+0.189%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5313+0.013%$7.8M$21.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5311−0.001%$245K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.5304−0.046%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.626%$2K$107K30xas long as short
SoDEX XRP-USD+0.0055%1h1.5310−0.007%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5310−0.007%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5315+0.026%$598K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5331+0.133%$478K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5308−0.020%$10K$399K20xas long as short
Nado XRP-PERP+0.0100%1h1.5314+0.023%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5323+0.076%$298.5M$266.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5309−0.013%$39.3M$81.5M100xas long as short
Pacifica XRP+0.0100%1h1.5332+0.137%$592K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5312+0.007%$533.7M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5315+0.026%$361.3M$887.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5312+0.007%$124.6M$834.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5321+0.065%$563K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5316+0.033%$164K$681K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.444%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5312+0.007%$381.5M$156.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5308−0.020%$312.7M$890.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5310−0.008%$105.8M$181.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5310−0.007%$271.5M$356.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5310−0.007%$99.3Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5335+0.157%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5325+0.089%$5.0M$38.4Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5326+0.100%$666K$109.7M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5328+0.112%$1.1M$30.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5341+0.196%$1.2M$1.2M50xas long as short
Polymarket Perps XRP-USDlong+0.0100%1h1.5311long leg$52K$475K20x
Bullet XRP-USD+0.0100%1h1.5310−0.010%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5310−0.007%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5313+0.015%$128K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5321+0.068%$50.0M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5312+0.007%$54.6M$33.3M50xas long as short
Vest XRP-PERP+0.0100%1h1.5318+0.048%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5305−0.041%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5305−0.042%$59K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5321+0.067%$17K$76K7xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5316+0.033%$5.4M$43.9M50xas long as short
Kalshi KXXRPPERP+0.0135%8h1.5336+0.163%$1.9M$35.1M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0209% / S −0.0580%1h1.5310−0.005%$804K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5315+0.026%$23.9M$78.1M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5306−0.032%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5328+0.114%$515K$736K10xas long as short
Aftermath Perps XRPUSD+0.0442%1h1.5346+0.230%$3K$13K10xas long as short