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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.03 per $10,000 · paid last 24h −0.028%
Price spread now: Deribit against Aevo+0.030%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+0.057%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Deribit is 0.030% dearer against Aevo than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.53600.0104pay 0.0013% / 1h25m 27s$59K$25K3x
ShortDeribit XRP_USDC-PERPETUAL1.53650.0076get 0.0010% / 1h25m 27s$9.3M$25.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$5.88
Price spread: +0.030% → 0.000%
$3.01
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$25.87
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: live order book, 4 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 Deribit live order book, 4 min ago0.98 bp4.9 bp −$56.9 bp −$6944.9 bp −$4,492doesn'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%1h1.5359−0.009%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5366+0.037%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5352−0.055%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0015% / S +0.0078%1h1.5351−0.058%$841K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.300%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0062%8h1.5360−0.002%$58K$935K50xas long as short
Deribit XRP_USDC-PERPETUALshort+0.0076%1h1.5365+0.030%$9.3M$25.1M50x
01 Exchange XRPUSD+0.0088%1h1.5356−0.028%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5371+0.072%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5376+0.102%$516K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5353−0.048%$10K$279K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5361+0.006%$479K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5361+0.007%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5371+0.071%$38.8M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5365+0.030%$622K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5358−0.014%$541.7M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5359−0.009%$342.6M$919.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5362+0.011%$124.9M$868.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.289%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5359−0.009%$118K$711K20xas long as short
Bulk XRP-USD+0.0100%1h1.5334−0.169%$1.7M$381K20xas long as short
Gate XRP_USDT+0.0100%8h1.5361+0.004%$374.8M$149.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5364+0.024%$314.6M$905.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5363+0.020%$109.1M$165.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5363+0.017%$268.7M$374.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5358−0.015%$123.4Mas long as short
Variational Omni XRP+0.0100%8h1.5352−0.055%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5338−0.144%$666K$107.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5334−0.170%$1.1M$38.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5350−0.068%$1.2M$996K50xas long as short
Vest XRP-PERP+0.0100%1h1.5359−0.010%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5368+0.050%$50K$442K20xas long as short
Bullet XRP-USD+0.0100%1h1.5369+0.055%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5363+0.016%$827K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5354−0.042%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5363+0.017%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5368+0.049%$50.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5360−0.002%$54.6M$29.5M50xas long as short
Extended XRP-USD+0.0104%1h1.5356−0.028%$2.1M$7.1M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5360long leg$59K$25K3x
Reya XRPRUSDPERP+0.0213%1h1.53600.000%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5341−0.126%$24.0M$73.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5371+0.069%$5.8M$46.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5364+0.020%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0296%1h1.5369+0.056%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0310%8h1.5359−0.009%$2.0M$34.7M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5352−0.057%$17K$81K7xas long as short
Hyperliquid XRP+0.0392%1h1.5377+0.108%$289.9M$215.3M20xas long as short
Phoenix XRP+0.0520%1h1.5350−0.068%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0804%1h1.5343−0.112%$2K$12K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5361+0.001%$515K$758K10xas long as short