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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Nado against BloFin+0.117%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.101%−$10 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.117%, 7d avg −0.008%
Together, before fees−0.148%+ Points / potential airdropNado: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.125% dearer against BloFin than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of −0.008%): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.49390.0220pay 0.0220% / 8h2h 26m$23.2M$76.1M125x
ShortNado XRP-PERP1.49560.0100get 0.0012% / 1h26m 20s$944K$6.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against BloFin. 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
−$25.2
Price spread: +0.117% → −0.008%
$12.52
Slippage, 4 orders
−$3.58
Fee BloFin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$35.26
Costs to cover
0.226%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Nado: live order book, 3 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 BloFin live order book, 3 min ago0.33 bp7.7 bp −$87.7 bp −$7712.8 bp −$1,28226.0 bp −$13.0K
Sell Nado live order book, 3 min ago0.33 bp4.3 bp −$411.5 bp −$115doesn't fitdoesn'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%1h1.4943+0.027%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.4961+0.147%$14.1M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.4944+0.033%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5010+0.475%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.4954+0.100%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+4.157%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4954+0.100%$786K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.4961+0.147%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.4960+0.142%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.4950+0.074%$540K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.4944+0.033%$10K$363K20xas long as short
Nado XRP-PERPshort+0.0100%1h1.4956+0.117%$944K$6.3M20x
Hyperliquid XRP+0.0100%1h1.4965+0.174%$284.8M$261.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.4954+0.103%$38.1M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.4953+0.090%$598K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.4959+0.137%$523.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.4954+0.100%$340.1M$970.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.4958+0.127%$123.7M$880.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4932−0.047%$556K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.4964+0.167%$143K$733K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.588%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.4955+0.107%$365.9M$158.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.4950+0.074%$279.4M$917.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.4951+0.082%$104.4M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.4955+0.107%$262.5M$398.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.4953+0.094%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5004+0.436%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5011+0.485%$652K$112.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.413%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5018+0.529%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.4958+0.128%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.4961+0.147%$51K$492K20xas long as short
Bullet XRP-USD+0.0100%1h1.4956+0.114%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.4957+0.120%$61K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.4956+0.112%$805K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.4965+0.171%$125K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.4960+0.141%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.4955+0.109%$48.9M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4962+0.154%$53.4M$32.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.4957+0.121%$466K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.4953+0.096%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.4958+0.129%$57K$25K3xas long as short
Kalshi KXXRPPERP+0.0137%8h1.4956+0.114%$1.6M$35.8M2.9xas long as short
Deribit XRP_USDC-PERPETUAL+0.0151%1h1.4962+0.154%$7.6M$25.8M50xas long as short
Backpack XRP_USDC_PERP+0.0154%1h1.4950+0.074%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.4964+0.167%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.4939−0.002%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4959+0.131%$1.3M$6K15xas long as short
BloFin XRP-USDTlong+0.0220%8h1.4939long leg$23.2M$76.1M125x
RISEx XRP/USDC+0.0305%1h1.4963+0.159%$510K$781K10xas long as short
Aftermath Perps XRPUSD+0.0626%1h1.5000+0.407%$2K$16K10xas long as short