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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.022%
Price spread now: Coinbase International against Aevo+0.054%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−0.018%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.054% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.55140.0104pay 0.0013% / 1h4m 30s$72K$40K3x
ShortCoinbase International XRP-PERP-INTX1.55220.0216get 0.0027% / 1h4m 30s$6.0M$47.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
$23.52
Price spread: +0.054% → 0.000%
$5.45
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$2.97
Costs to cover
0.260%
Break-even
6.1 days
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 5 min ago. 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 Aevo no order-book sample
Sell Coinbase International live order book, 5 min ago0.64 bp7.1 bp −$79.5 bp −$9521.8 bp −$2,183doesn't fit
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%1h1.5539+0.164%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5532+0.118%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5516+0.016%$9.6M$25.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0001% / S +0.0113%1h1.5511−0.017%$853K200xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5511−0.015%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.299%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5515+0.008%$15.5M$68.5M50xas long as short
Orderly PERP_XRP_USDC+0.0055%8h1.5514+0.003%$76K$909K50xas long as short
Lighter XRP+0.0096%1h1.5542+0.181%$3.0M$12.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5544+0.196%$444K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5537+0.154%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5534+0.130%$39.5M$79.1M100xas long as short
Pacifica XRP+0.0100%1h1.5536+0.148%$640K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5537+0.151%$559.0M$1.99B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5537+0.151%$346.3M$904.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5539+0.164%$127.7M$883.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5500−0.087%$576K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5536+0.145%$119K$746K20xas long as short
Bulk XRP-USD+0.0100%1h1.5501−0.079%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.5532+0.119%$372.0M$144.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5533+0.125%$301.2M$869.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5532+0.120%$113.3M$161.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5538+0.158%$271.2M$366.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5534+0.132%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5512−0.007%$11.5M$30.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5481−0.211%$672K$102.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5513−0.003%$1.1M$41.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5496−0.113%$1.0M$885K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5540+0.170%$46K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5512−0.010%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5517+0.022%$835K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5517+0.025%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5515+0.009%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5502−0.073%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5514+0.003%$55.2M$29.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5530+0.106%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5531+0.110%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5533+0.125%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5528+0.090%$2.1M$7.1M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5514long leg$72K$40K3x
01 Exchange XRPUSD+0.0176%1h1.5537+0.151%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5538+0.155%$1.4M$8K15xas long as short
Coinbase International XRP-PERP-INTXshort+0.0216%1h1.5522+0.054%$6.0M$47.5M50x
BloFin XRP-USDT+0.0220%8h1.5516+0.016%$24.5M$73.8M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5494−0.124%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0296%1h1.5526+0.080%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5525+0.074%$2.0M$33.2M2.9xas long as short
Phoenix XRP+0.0516%1h1.5520+0.042%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5545+0.204%$509K$630K10xas long as short
Hyperliquid XRP+0.0582%1h1.5557+0.280%$291.6M$205.1M20xas long as short
Aftermath Perps XRPUSD+0.0773%1h1.5518+0.031%$1K$11K10xas long as short