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+0.0233%/8h= +25.5% APRpaid last 24h +0.021%
Price spread now: Kalshi against Aevo+0.020%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+0.012%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.51600.0104pay 0.0013% / 1h3m 00s$58K$25K3x
ShortKalshi KXXRPPERP1.51630.0337get 0.0337% / 8h1h 03m$2.1M$34.6M2.9x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi 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
$48.93
Price spread: +0.020% → 0.000%
$1.98
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kalshi: 5 bp × 2 orders
−$10
Net
$24.91
Costs to cover
0.260%
Break-even
3.4 days
Slippage unknown: Aevo: no order-book sample; Kalshi: live order book, 1 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 Kalshi live order book, 1 min ago2.64 bp7.6 bp −$88.5 bp −$8515.0 bp −$1,499doesn'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%1h1.5141−0.125%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5142−0.116%$1.1M$114K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5164+0.026%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158−0.010%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0032% / S +0.0036%1h1.5157−0.017%$832K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.639%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0056%1h1.5148−0.079%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5162+0.013%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5162+0.013%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5163+0.020%$511K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5143−0.112%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5149−0.074%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5169+0.059%$281.7M$223.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5159−0.009%$38.3M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5142−0.117%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5159−0.007%$534.7M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5157−0.020%$345.6M$930.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5158−0.013%$125.5M$871.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5169+0.059%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5149−0.073%$114K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.028%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5158−0.013%$368.6M$154.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.51600.000%$297.5M$905.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5160+0.003%$108.2M$172.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5158−0.013%$268.5M$381.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5153−0.046%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5154−0.043%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5152−0.050%$658K$108.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5170+0.069%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5162+0.013%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5159−0.010%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.51600.000%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5159−0.006%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5163+0.017%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5159−0.007%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.51600.000%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5138−0.148%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.51600.000%$53.9M$30.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5141−0.128%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5157−0.021%$2.0M$6.8M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5160long leg$58K$25K3x
Backpack XRP_USDC_PERP+0.0174%1h1.5169+0.059%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5166+0.037%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5156−0.026%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5168+0.053%$5.6M$46.9M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5154−0.040%$24.3M$75.7M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5158−0.013%$14.4M$73.6M50xas long as short
Kalshi KXXRPPERPshort+0.0337%8h1.5163+0.020%$2.1M$34.6M2.9x
RISEx XRP/USDC+0.0484%1h1.5152−0.056%$516K$780K10xas long as short
Phoenix XRP+0.0528%1h1.5180+0.132%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0650%1h1.5178+0.116%$2K$14K10xas long as short