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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.043%
Price spread now: Extended against edgeX+0.031%113s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$170.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 7 days−0.052%−$5 · spread now +0.031%, 7d avg −0.002%
Together, before fees+0.131%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.033% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.55930.0100pay 0.0050% / 4h45m 44s$677K$103.5M30x
ShortExtended XRP-USD1.55980.0104get 0.0013% / 1h45m 44s$2.1M$7.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: +0.031% → −0.002%
$3.28
Slippage, 4 orders
−$2.69
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$12.57
Costs to cover
0.167%
Break-even
111.7 days
Slippage from edgeX: live order book, 3 min ago; Extended: 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 edgeX live order book, 3 min ago0.96 bp5.5 bp −$55.6 bp −$569.1 bp −$910doesn't fit
Sell Extended live order book, 3 min ago0.32 bp2.8 bp −$34.3 bp −$43doesn'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%1h1.5626+0.212%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5605+0.075%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5650+0.366%$70K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5633+0.258%$262K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0106%1h1.5631+0.247%$860K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0006%1h1.5630+0.238%$9.7M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5627+0.220%$15.7M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5629+0.231%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.211%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5605+0.078%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5605+0.078%$444K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5625+0.209%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5606+0.084%$39.7M$80.0M100xas long as short
Pacifica XRP+0.0100%1h1.5606+0.082%$642K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5607+0.090%$558.8M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5605+0.078%$348.0M$914.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5602+0.058%$127.5M$891.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5568−0.160%$579K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5604+0.071%$117K$752K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.258%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5604+0.071%$373.1M$143.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5606+0.084%$302.1M$868.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5600+0.047%$113.6M$163.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5604+0.071%$272.9M$369.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5600+0.045%$120.6Mas long as short
Variational Omni XRP+0.0100%8h1.5634+0.261%$11.7M$30.5Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5593long leg$677K$103.5M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5605+0.078%$1.1M$40.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5640+0.302%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5616+0.151%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5630+0.238%$49K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5633+0.259%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5635+0.271%$842K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5618+0.159%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5627+0.219%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5622+0.188%$51.3M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5625+0.206%$55.6M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5603+0.062%$486K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5609+0.103%$13K$266K20xas long as short
Extended XRP-USDshort+0.0104%1h1.5598+0.031%$2.1M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5632+0.247%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5631+0.244%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5628+0.227%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5585−0.051%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5634+0.264%$5.9M$47.9M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5570−0.144%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5636+0.276%$2.0M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0396%1h1.5629+0.231%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0623%1h1.5621+0.180%$297.7M$208.8M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5613+0.128%$509K$632K10xas long as short
Aftermath Perps XRPUSD+0.0812%1h1.5617+0.152%$1K$11K10xas long as short