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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0252%/8h= −27.6% APRnext payment $0.32 per $10,000 · paid last 24h −0.120%
Price spread now: Nado against RISEx−0.032%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.168% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.306%−$31 on $10k
Price spread, last 4 days (all we have)+0.352%+$35 · spread now −0.032%, 7d avg −0.020%
Together, before fees+0.046%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.51160.0352pay 0.0044% / 1h5m 38s$515K$773K10x
ShortNado XRP-PERP1.51110.0100get 0.0012% / 1h5m 38s$1.1M$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against RISEx. 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
−$52.93
Price spread: −0.032% → −0.020%
−$1.21
Slippage, 4 orders
−$3.82
Fee RISEx: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$70.96
Costs to cover
0.168%
Break-even
never at this rate
Slippage from RISEx: live order book, 53 min ago; Nado: 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 RISEx live order book, 53 min ago1.42 bp4.4 bp −$49.2 bp −$92doesn't fitdoesn't fit
Sell Nado live order book, 3 min ago0.33 bp4.0 bp −$48.1 bp −$8137.1 bp −$3,709doesn'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%1h1.5111−0.031%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5108−0.050%$14.2M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5109−0.041%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.160%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5109−0.045%$252K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0015%1h1.5115−0.005%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.939%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0046% / S +0.0020%1h1.5107−0.057%$788K200xas long as short
Orderly PERP_XRP_USDC+0.0092%8h1.5111−0.031%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5117+0.006%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5117+0.008%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5107−0.058%$10K$330K20xas long as short
Nado XRP-PERPshort+0.0100%1h1.5111−0.032%$1.1M$6.0M20x
Hyperliquid XRP+0.0100%1h1.5125+0.061%$280.0M$227.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5111−0.030%$38.2M$83.7M100xas long as short
Pacifica XRP+0.0100%1h1.5115−0.005%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5111−0.028%$532.0M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5111−0.031%$344.9M$937.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5113−0.018%$126.7M$873.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5096−0.131%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5113−0.018%$110K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5130+0.097%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5111−0.031%$368.4M$154.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5112−0.025%$293.0M$903.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5116−0.001%$107.6M$175.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5112−0.025%$267.4M$384.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5112−0.025%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5110−0.039%$5.2M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5121+0.037%$657K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5115−0.003%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124+0.055%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5114−0.010%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5112−0.025%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5112−0.025%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5113−0.019%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5116+0.004%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5113−0.018%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5107−0.058%$49.4M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5114−0.012%$53.7M$31.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5114−0.012%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5109−0.043%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5111−0.033%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5114−0.012%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0185%1h1.5119+0.021%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5117+0.008%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5124+0.053%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5109−0.043%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5118+0.015%$24.2M$75.9M125xas long as short
Kalshi KXXRPPERP+0.0314%8h1.5117+0.008%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDClong+0.0352%1h1.5116long leg$515K$773K10x
Aftermath Perps XRPUSD+0.0702%1h1.5133+0.114%$2K$15K10xas long as short