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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: edgeX against SoDEX+0.244%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$5as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.143%−$14 on $10k
Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.244%, 7d avg −0.007%
Together, before fees−0.391%+ Points / potential airdropedgeX: Active · farm board−$39 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 0.251% dearer against SoDEX than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51420.0100pay 0.0013% / 1h34m 43s$28K$1.6M10x
ShortedgeX XRPUSDC1.51790.0100get 0.0050% / 4h34m 43s$659K$113.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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: +0.244% → −0.007%
$25.11
Slippage, 4 orders
−$3.29
Fee SoDEX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$4.82
Costs to cover
0.203%
Break-even
from the start
Slippage from SoDEX: live order book, 4 min ago; edgeX: live order book, 4 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 SoDEX live order book, 4 min ago0.66 bp4.7 bp −$57.2 bp −$72doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago0.99 bp5.5 bp −$55.6 bp −$568.9 bp −$887doesn'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%1h1.5139−0.020%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5131−0.073%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5137−0.034%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5147+0.033%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.761%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5146+0.026%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5134−0.051%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5138−0.026%$602K$3.2M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5140−0.013%$8K$2K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5134−0.053%$20K$380K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5145+0.017%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5136−0.040%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5150+0.052%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5132−0.066%$529.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5134−0.053%$348.7M$955.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5136−0.040%$127.5M$866.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.244%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5143+0.007%$143K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.317%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5143+0.007%$377.1M$161.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5147+0.033%$308.5M$923.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5148+0.040%$106.1M$184.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5127−0.099%$267.3M$390.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5141−0.007%$107.7Mas long as short
Variational Omni XRP+0.0100%8h1.5150+0.050%$4.9M$38.8Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5179+0.244%$659K$113.6M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5210+0.449%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181+0.258%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5148+0.041%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5140−0.013%$51K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5137−0.033%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5138−0.026%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5140−0.013%$814K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5138−0.029%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5142long leg$28K$1.6M10x
HTX XRP-USDT+0.0100%8h1.5144+0.011%$49.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5146+0.026%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5152+0.064%$472K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0102% / S −0.0062%1h1.5137−0.031%$781K200xas long as short
Extended XRP-USD+0.0104%1h1.5143+0.009%$2.1M$6.9M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5169+0.178%$17K$78K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5137−0.033%$58K$25K3xas long as short
Hyperliquid XRP+0.0121%1h1.5144+0.013%$288.8M$267.8M20xas long as short
Backpack XRP_USDC_PERP+0.0143%1h1.5153+0.073%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5147+0.033%$5.6M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0190%8h1.5145+0.020%$1.8M$34.4M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5136−0.041%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5143+0.007%$23.6M$77.6M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5141−0.009%$520K$806K10xas long as short
Phoenix XRP+0.0526%1h1.5230+0.581%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0646%1h1.5198+0.370%$2K$16K10xas long as short