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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Binance+0.145%7-day average +0.013% · 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−$250.245% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.145%, 7d avg +0.013%
Together, before fees−0.106%+ Points / potential airdropParadex: 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: Paradex is 0.132% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.51910.0100pay 0.0100% / 8h38m 18s$532.1M$2.22B100x
ShortParadex XRP-USD-PERP1.52130.0100get 0.0100% / 8h38m 18s$474K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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: +0.145% → +0.013%
$13.2
Slippage, 4 orders
−$10.52
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$11.32
Costs to cover
0.245%
Break-even
72895.1 days
Slippage from Binance: live order book, 6 min ago; Paradex: live order book, 1 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 Binance live order book, 6 min ago0.33 bp5.3 bp −$56.7 bp −$6712.5 bp −$1,25330.5 bp −$15.3K
Sell Paradex live order book, 1 min ago4.93 bp6.9 bp −$7152.6 bp −$1,526doesn'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%1h1.5212+0.138%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5208+0.115%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5197+0.039%$7.8M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5192+0.007%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.429%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5189−0.014%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5214+0.153%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5213+0.145%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5196+0.033%$17K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5191+0.001%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5197+0.038%$38.5M$87.0M100xas long as short
Pacifica XRP+0.0100%1h1.5213+0.142%$613K$1.1M20xas long as short
Binance XRPUSDTlong+0.0100%8h1.5191long leg$532.1M$2.22B100x
Bybit XRPUSDT+0.0100%8h1.5190−0.007%$349.7M$955.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5192+0.007%$128.3M$870.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.217%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5208+0.112%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190−0.007%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.51910.000%$378.8M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5192+0.007%$314.6M$921.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5194+0.019%$106.4M$183.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5190−0.007%$268.7M$391.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5187−0.026%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.227%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231+0.263%$662K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5233+0.280%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.316%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5202+0.071%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5196+0.033%$51K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192+0.007%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5193+0.013%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5218+0.180%$819K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5196+0.036%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189−0.013%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5215+0.157%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5215+0.158%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5213+0.145%$474K$55K50x
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0060%1h1.5192+0.006%$784K200xas long as short
Extended XRP-USD+0.0104%1h1.5187−0.023%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5201+0.066%$9K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5191−0.003%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5216+0.167%$17K$78K7xas long as short
Hyperliquid XRP+0.0138%1h1.5206+0.099%$290.1M$267.6M20xas long as short
Backpack XRP_USDC_PERP+0.0160%1h1.5219+0.184%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5214+0.151%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0199%8h1.5214+0.151%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5189−0.012%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207+0.105%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5204+0.088%$522K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5240+0.323%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0643%1h1.5224+0.214%$2K$16K10xas long as short