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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Pacifica against Nado+0.059%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$190.194% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 7 days−0.111%−$11 · spread now +0.059%, 7d avg −0.020%
Together, before fees−0.113%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$11 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: Pacifica is 0.079% dearer against Nado than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XRP-PERP1.51660.0100pay 0.0012% / 1h3m 47s$1.0M$5.9M20x
ShortPacifica XRP1.51750.0100get 0.0013% / 1h3m 47s$609K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: +0.059% → −0.020%
$7.94
Slippage, 4 orders
−$4.44
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$11.5
Costs to cover
0.194%
Break-even
1181408890362988.8 days
Slippage from Nado: live order book, 5 min ago; Pacifica: live order book, 5 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, 5 min ago0.33 bp4.4 bp −$48.5 bp −$8542.5 bp −$4,246doesn't fit
Sell Pacifica live order book, 5 min ago0.66 bp5.8 bp −$69.0 bp −$90doesn'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%1h1.5170+0.027%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5173+0.046%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5168+0.014%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5162−0.024%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0032% / S +0.0036%1h1.5162−0.027%$832K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.598%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0056%1h1.5170+0.027%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5163−0.019%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5142−0.156%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5146−0.132%$510K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5162−0.026%$10K$311K20xas long as short
Nado XRP-PERPlong+0.0100%1h1.5166long leg$1.0M$5.9M20x
Hyperliquid XRP+0.0100%1h1.5152−0.092%$281.4M$223.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5164−0.011%$38.3M$83.5M100xas long as short
Pacifica XRPshort+0.0100%1h1.5175+0.059%$609K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5141−0.165%$534.6M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5155−0.072%$345.8M$931.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5150−0.105%$125.7M$872.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5169+0.020%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5169+0.020%$114K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164−0.011%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5165−0.006%$368.9M$154.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5163−0.019%$298.0M$905.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5166+0.003%$108.3M$172.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5145−0.138%$268.8M$381.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5159−0.046%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5154−0.082%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5173+0.045%$659K$107.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5183+0.112%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5189+0.152%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5164−0.010%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5168+0.014%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5165−0.006%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5163−0.019%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5169+0.020%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5165−0.006%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5165−0.006%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5168+0.014%$53.9M$30.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5169+0.021%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5163−0.022%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5163−0.019%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0175%1h1.5175+0.060%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5155−0.072%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5161−0.033%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5171+0.033%$5.7M$46.9M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5167+0.007%$24.2M$75.7M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5167+0.008%$14.4M$73.5M50xas long as short
Kalshi KXXRPPERP+0.0337%8h1.5178+0.079%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5172+0.037%$517K$780K10xas long as short
Phoenix XRP+0.0528%1h1.5190+0.159%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0655%1h1.5182+0.107%$2K$14K10xas long as short