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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Ondo Perps against BingX−0.332%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.332%, 7d avg −0.035%
Together, before fees+0.095%+ Points / potential airdropOndo Perps: Active · farm board+$10 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: Ondo Perps is 0.296% cheaper against BingX than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.53710.0100pay 0.0100% / 8h1m 04s$3.7M
ShortOndo Perps XRP-USD.P1.53200.0100get 0.0013% / 1h1m 04s$571K$47K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BingX. 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: −0.332% → −0.035%
−$29.64
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$44.64
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago0.65 bp8.7 bp −$911.8 bp −$11826.2 bp −$2,61668.3 bp −$34.1K
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5350−0.137%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5343−0.179%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5350−0.137%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5355−0.102%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0007% / S +0.0090%1h1.5354−0.111%$842K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5373+0.012%$14.9M$70.2M50xas long as short
Orderly PERP_XRP_USDC+0.0061%8h1.5365−0.039%$75K$910K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0075%1h1.5376+0.033%$9.3M$25.7M50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.230%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5374+0.020%$2.9M$13.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5376+0.033%$514K$3.3M20xas long as short
Nado XRP-PERP+0.0100%1h1.5347−0.159%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5367−0.029%$38.9M$82.8M100xas long as short
Pacifica XRP+0.0100%1h1.5350−0.135%$632K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5372+0.009%$542.5M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.53710.000%$340.8M$932.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5370−0.007%$125.9M$886.8M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5320−0.332%$571K$47K5x
Arcus XRP-USD+0.0100%1h1.5348−0.150%$117K$706K20xas long as short
Bulk XRP-USD+0.0100%1h1.5333−0.247%$1.7M$570K20xas long as short
Gate XRP_USDT+0.0100%8h1.5369−0.013%$372.4M$151.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5369−0.013%$303.6M$901.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5373+0.014%$108.9M$166.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5370−0.007%$268.8M$377.9M125xas long as short
BingX XRP-USDClong+0.0100%8h1.5371long leg$3.7M
Variational Omni XRP+0.0100%8h1.5346−0.160%$6.4M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5324−0.309%$665K$106.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5319−0.336%$1.1M$40.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5328−0.280%$1.0M$902K50xas long as short
Vest XRP-PERP+0.0100%1h1.5348−0.150%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5356−0.098%$48K$458K20xas long as short
Bullet XRP-USD+0.0100%1h1.5356−0.099%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5369−0.016%$827K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5371−0.001%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5373+0.013%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5366−0.035%$50.4M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5372+0.007%$54.8M$29.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5348−0.151%$478K$54K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5344−0.176%$12K$271K20xas long as short
Extended XRP-USD+0.0104%1h1.5365−0.042%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5363−0.051%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5347−0.156%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5353−0.120%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5374+0.020%$24.1M$75.1M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5384+0.085%$5.8M$47.1M50xas long as short
Backpack XRP_USDC_PERP+0.0267%1h1.5381+0.065%$1.7M$1.1M25xas long as short
Hibachi XRP/USDT-P+0.0304%1h1.5341−0.196%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5384+0.085%$2.3M$35.2M2.9xas long as short
Hyperliquid XRP+0.0553%1h1.5386+0.098%$291.4M$216.4M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5352−0.123%$525K$746K10xas long as short
Aftermath Perps XRPUSD+0.0781%1h1.5335−0.237%$1K$11K10xas long as short