Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.023%

Price spread now: Aevo against edgeX−0.190%72s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.190% cheaper against edgeX than usual: you would sell low and buy high, −$19 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XRPUSDC	1.5150	0.0100	pay 0.0050% / 4h	1h 45m	$658K	$114.5M	30x
Short	Aevo XRP-PERP	1.5122	0.0104	get 0.0013% / 1h	45m 51s	$58K	$25K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee AevobpOrdersPrice spread, now −0.190%Rate

Funding earned: $0.84
Price spread: −0.190% → 0.000%: −$19.02
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$43.18
Costs to cover: 0.250%
Break-even: 366.9 days

Slippage unknown: edgeX: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 3 min ago	0.99 bp	5.5 bp −$5	5.5 bp −$55	8.8 bp −$876	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5146	−0.029%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5127	−0.154%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5170	+0.130%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5123	−0.181%	$245K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0025%	1h	1.5123	−0.182%	$14.4M	$75.3M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.704%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5125	−0.167%	$8K	$8K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0080% / S −0.0027%	1h	1.5122	−0.187%	$797K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0081%	1h	1.5128	−0.147%	$7.7M	$25.0M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5116	−0.226%	$2.8M	$15.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5122	−0.187%	$545K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5118	−0.213%	$12K	$367K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5130	−0.137%	$991K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5121	−0.194%	$38.4M	$87.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5134	−0.110%	$605K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5121	−0.196%	$527.5M	$2.23B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5113	−0.246%	$344.0M	$967.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5115	−0.233%	$126.9M	$889.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5146	−0.029%	$563K	$32K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5130	−0.134%	$143K	$718K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5129	−0.142%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5121	−0.194%	$372.3M	$159.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5124	−0.174%	$297.8M	$919.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5124	−0.171%	$107.2M	$182.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5114	−0.240%	$266.5M	$400.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5122	−0.187%	—	$106.4M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5130	−0.134%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDClong	+0.0100%	4h	1.5150	long leg	$658K	$114.5M	30x
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5141	−0.063%	$1.1M	$36.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5154	+0.024%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5130	−0.134%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5125	−0.167%	$47K	$491K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5126	−0.162%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5122	−0.187%	$65K	$929K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5124	−0.172%	$814K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5127	−0.157%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5124	−0.174%	$31K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5126	−0.159%	$49.4M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5121	−0.194%	$54.0M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5137	−0.087%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5121	−0.194%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERPshort	+0.0104%	1h	1.5122	−0.190%	$58K	$25K	3x
Hyperliquid XRP	+0.0152%	1h	1.5127	−0.154%	$288.4M	$264.3M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0155%	1h	1.5133	−0.114%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0168%	1h	1.5138	−0.080%	$17K	$79K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5128	−0.147%	$5.7M	$48.2M	50x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5120	−0.198%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5136	−0.095%	$23.5M	$77.8M	125x	as long as short
Kalshi KXXRPPERP	+0.0221%	8h	1.5136	−0.095%	$1.7M	$35.4M	2.9x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5127	−0.152%	$522K	$796K	10x	as long as short
Aftermath Perps XRPUSD	+0.0552%	1h	1.5143	−0.050%	$2K	$16K	10x	as long as short