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% APRpaid last 24h 0.000%
Price spread now: Paradex against Arcus−0.074%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.074%, 7d avg +0.015%
Together, before fees−0.072%+ Points / potential airdropParadex: Active · farm board−$7 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: Paradex is 0.089% cheaper against Arcus than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus XRP-USD1.52110.0100pay 0.0013% / 1h10m 56s$114K$712K20x
ShortParadex XRP-USD-PERP1.52000.0100get 0.0100% / 8h5h 10m$474K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Arcus. 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: −0.074% → +0.015%
−$8.92
Slippage, 4 orders
−$14.71
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$32.13
Costs to cover
0.232%
Break-even
2622363.5 days
Slippage from Arcus: live order book, 53 min ago; Paradex: live order book, 53 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 Arcus live order book, 53 min ago0.66 bp4.4 bp −$412.1 bp −$121doesn't fitdoesn't fit
Sell Paradex live order book, 53 min ago4.61 bp6.6 bp −$7157.9 bp −$1,579doesn'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%1h1.5195−0.105%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5195−0.108%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5215+0.027%$254K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.294%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0033% / S +0.0038%1h1.5210−0.004%$797K200xas long as short
01 Exchange XRPUSD+0.0064%1h1.5210−0.007%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0076%8h1.5220+0.059%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5227+0.105%$7.7M$25.5M50xas long as short
Lighter XRP+0.0096%1h1.5223+0.081%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5226+0.099%$515K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5199−0.079%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5210−0.003%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5233+0.145%$283.1M$223.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5226+0.099%$38.5M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5203−0.056%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5227+0.103%$537.8M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5225+0.092%$347.2M$929.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5227+0.105%$126.2M$874.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5180−0.204%$565K$28K5xas long as short
Arcus XRP-USDlong+0.0100%1h1.5211long leg$114K$712K20x
Bulk XRP-USD+0.0100%1h1.5223+0.079%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5226+0.099%$369.4M$153.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5226+0.099%$296.2M$903.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5227+0.105%$109.3M$171.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5226+0.099%$270.1M$380.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5210−0.007%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5200−0.075%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5211−0.001%$661K$107.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5201−0.067%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5221+0.066%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5209−0.015%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5212+0.007%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5212+0.009%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5221+0.063%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5214+0.020%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5222+0.072%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5189−0.142%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5220+0.059%$54.1M$30.0M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5200−0.074%$474K$55K50x
Extended XRP-USD+0.0104%1h1.5224+0.083%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5221+0.065%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0189%1h1.5233+0.145%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5207−0.023%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5210−0.007%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5223+0.079%$5.6M$46.7M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5225+0.092%$24.3M$75.5M125xas long as short
Kraken Futures PF_XRPUSD+0.0272%1h1.5223+0.078%$14.4M$73.2M50xas long as short
Kalshi KXXRPPERP+0.0345%8h1.5226+0.099%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5213+0.015%$518K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.059%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0656%1h1.5218+0.049%$2K$14K10xas long as short