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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against Gate−0.063%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 7 days+0.133%+$13 · spread now −0.063%, 7d avg +0.027%
Together, before fees+0.136%+ Points / potential airdropNado: Active · farm board+$14 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: Nado is 0.089% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.51680.0100pay 0.0100% / 8h1h 30m$376.5M$160.2M100x
ShortNado XRP-PERP1.51580.0100get 0.0012% / 1h30m 03s$978K$6.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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
Price spread: −0.063% → +0.027%
−$8.93
Slippage, 4 orders
−$4.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$35.11
Costs to cover
0.262%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Nado: live order book, 4 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 Gate live order book, 4 min ago0.33 bp9.8 bp −$1013.6 bp −$13626.0 bp −$2,60136.9 bp −$18.5K
Sell Nado live order book, 4 min ago0.33 bp3.8 bp −$410.2 bp −$102doesn'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%1h1.5162−0.040%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5159−0.058%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.013%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158−0.063%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5167−0.003%$14.4M$74.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.584%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5171+0.020%$7.7M$24.8M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0084% / S −0.0033%1h1.5161−0.049%$800K200xas long as short
Lighter XRP+0.0096%1h1.5168+0.001%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5171+0.020%$545K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5154−0.092%$10K$371K20xas long as short
Nado XRP-PERPshort+0.0100%1h1.5158−0.063%$978K$6.4M20x
Aster XRPUSDT+0.0100%8h1.5167−0.007%$38.5M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5161−0.046%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5170+0.010%$531.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5165−0.020%$345.9M$961.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5167−0.007%$127.2M$882.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5147−0.138%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5165−0.020%$143K$714K20xas long as short
Gate XRP_USDTlong+0.0100%8h1.5168long leg$376.5M$160.2M100x
MEXC XRP_USDT+0.0100%8h1.5169+0.007%$300.3M$923.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5167−0.007%$107.5M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.51680.000%$267.6M$396.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.51680.000%$105.6Mas long as short
Variational Omni XRP+0.0100%8h1.5158−0.067%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5158−0.068%$659K$113.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5169+0.004%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5164−0.026%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5166−0.011%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5166−0.013%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5164−0.024%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5167−0.007%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.129%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5163−0.032%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.51680.000%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5161−0.049%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5165−0.020%$54.3M$32.4M50xas long as short
Bulk XRP-USD+0.0100%1h1.5157−0.073%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5169+0.007%$473K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5162−0.040%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5162−0.040%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5166−0.013%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5161−0.044%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0172%1h1.5178+0.066%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5172+0.026%$5.7M$48.1M50xas long as short
Hyperliquid XRP+0.0185%1h1.5182+0.092%$288.7M$264.8M20xas long as short
Kalshi KXXRPPERP+0.0208%8h1.5167−0.007%$1.7M$35.1M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5160−0.052%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5162−0.040%$23.6M$77.9M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5164−0.025%$526K$799K10xas long as short
Aftermath Perps XRPUSD+0.0604%1h1.5162−0.037%$2K$16K10xas long as short