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−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.029%
Price spread now: Aevo against Coinbase International−0.049%7-day average · you buy dearer than you sell
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−0.002%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.049% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XRP-PERP-INTX1.51700.0176pay 0.0022% / 1h50m 03s$5.7M$48.4M50x
ShortAevo XRP-PERP1.51630.0104get 0.0013% / 1h50m 03s$58K$25K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
−$15.12
Price spread: −0.049% → 0.000%
−$4.94
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$46.06
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; Aevo: no order-book sample. 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 Coinbase International live order book, 4 min ago0.33 bp8.5 bp −$910.5 bp −$10526.8 bp −$2,684doesn't fit
Sell Aevo no order-book sample
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%1h1.5125−0.297%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5141−0.188%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.198%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5163−0.045%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5168−0.015%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.571%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5154−0.105%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0078% / S −0.0025%1h1.5162−0.052%$799K200xas long as short
Lighter XRP+0.0096%1h1.5166−0.028%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5169−0.007%$547K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5146−0.158%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5122−0.317%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5162−0.053%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5148−0.144%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5163−0.049%$528.9M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5157−0.086%$344.8M$967.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5158−0.079%$127.3M$891.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5129−0.270%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5156−0.092%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.271%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5166−0.026%$372.6M$158.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5168−0.013%$299.2M$918.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5167−0.020%$107.5M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5168−0.013%$267.0M$400.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5166−0.026%$106.4Mas long as short
Variational Omni XRP+0.0100%8h1.5130−0.264%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141−0.190%$658K$114.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5155−0.099%$1.1M$36.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5146−0.158%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5151−0.124%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5160−0.066%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5164−0.042%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5163−0.046%$62K$930K50xas long as short
Derive XRP-PERP+0.0100%1h1.5165−0.036%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5158−0.078%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5166−0.026%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5164−0.039%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5164−0.040%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5156−0.092%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5160−0.063%$2.1M$6.9M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5163−0.049%$58K$25K3x
Deribit XRP_USDC-PERPETUAL+0.0146%1h1.5171+0.007%$7.7M$25.1M50xas long as short
Backpack XRP_USDC_PERP+0.0161%1h1.5178+0.053%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5125−0.299%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTXlong+0.0176%1h1.5170long leg$5.7M$48.4M50x
Hyperliquid XRP+0.0178%1h1.5179+0.059%$289.5M$264.1M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5155−0.097%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5137−0.218%$23.5M$77.7M125xas long as short
Kalshi KXXRPPERP+0.0221%8h1.5147−0.152%$1.8M$35.4M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5154−0.103%$522K$796K10xas long as short
Aftermath Perps XRPUSD+0.0556%1h1.5147−0.150%$2K$16K10xas long as short