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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Nado+0.063%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−$19as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.100%+$10 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.063%, 7d avg +0.008%
Together, before fees−0.024%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.054% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XRP-PERP1.51620.0100pay 0.0012% / 1h43m 28s$988K$6.4M20x
ShortBloFin XRP-USDT1.51720.0220get 0.0220% / 8h1h 43m$23.5M$78.1M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Nado. 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: +0.063% → +0.008%
$5.45
Slippage, 4 orders
−$5.94
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$5.7
Costs to cover
0.249%
Break-even
5.4 days
Slippage from Nado: live order book, 6 min ago; BloFin: live order book, 6 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 Nado live order book, 6 min ago0.33 bp3.8 bp −$49.8 bp −$98doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago2.64 bp8.6 bp −$98.6 bp −$8611.2 bp −$1,11820.7 bp −$10.3K

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%1h1.5153−0.063%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5141−0.142%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5130−0.214%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160−0.017%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5149−0.089%$14.5M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.622%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5165+0.016%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5154−0.056%$7.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S −0.0028%1h1.5161−0.013%$799K200xas long as short
Lighter XRP+0.0096%1h1.5141−0.142%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5160−0.016%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5157−0.036%$13K$368K20xas long as short
Nado XRP-PERPlong+0.0100%1h1.5162long leg$988K$6.4M20x
Aster XRPUSDT+0.0100%8h1.5161−0.010%$38.5M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5151−0.074%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5163+0.001%$530.5M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5152−0.069%$345.7M$969.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5155−0.049%$127.4M$892.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161−0.010%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5167+0.030%$143K$721K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.222%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5160−0.016%$373.2M$159.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5161−0.010%$298.5M$920.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5164+0.010%$107.5M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5154−0.056%$267.5M$400.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5161−0.010%$106.4Mas long as short
Variational Omni XRP+0.0100%8h1.5118−0.294%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5135−0.181%$657K$114.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.195%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147−0.102%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5156−0.042%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5156−0.043%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5162−0.004%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5153−0.063%$65K$810K50xas long as short
Derive XRP-PERP+0.0100%1h1.5151−0.076%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5152−0.068%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148−0.096%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5155−0.049%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5152−0.069%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5153−0.065%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5164+0.011%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5151−0.079%$58K$25K3xas long as short
Hyperliquid XRP+0.0157%1h1.5167+0.030%$288.8M$264.9M20xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5161−0.011%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0161%1h1.5153−0.063%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5155−0.049%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0218%8h1.5153−0.063%$1.7M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5152−0.072%$1.3M$5K15xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5172+0.063%$23.5M$78.1M125x
RISEx XRP/USDC+0.0316%1h1.5166+0.023%$523K$795K10xas long as short
Aftermath Perps XRPUSD+0.0562%1h1.5156−0.041%$2K$16K10xas long as short