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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Ondo Perps against Bitget−0.086%7-day average −0.054% · 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−0.069%−$7 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.086%, 7d avg −0.054%
Together, before fees−0.188%+ Points / potential airdropOndo Perps: Active · farm board−$19 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 0.032% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.51080.0100pay 0.0100% / 8h4h 49m$267.0M$383.1M125x
ShortOndo Perps XRP-USD.P1.50950.0100get 0.0013% / 1h49m 01s$563K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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: −0.086% → −0.054%
−$3.21
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$20.21
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago0.33 bp6.3 bp −$67.1 bp −$7116.2 bp −$1,62437.2 bp −$18.6K
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%1h1.5154+0.304%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5106−0.014%$14.2M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5111+0.018%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.410%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5107−0.007%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5102−0.040%$252K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.992%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0037% / S +0.0033%1h1.5102−0.040%$786K200xas long as short
01 Exchange XRPUSD+0.0048%1h1.5105−0.020%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0079%8h1.5105−0.020%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5107−0.009%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5107−0.007%$508K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5101−0.046%$10K$318K20xas long as short
Nado XRP-PERP+0.0100%1h1.5111+0.023%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5113+0.033%$280.6M$224.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5106−0.013%$38.2M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5114+0.043%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5105−0.020%$532.1M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5106−0.013%$343.8M$930.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5111+0.020%$125.4M$871.3M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5095−0.086%$563K$28K5x
Arcus XRP-USD+0.0100%1h1.51080.000%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.372%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5103−0.033%$367.6M$152.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5103−0.033%$295.8M$894.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5105−0.019%$107.8M$173.1M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5108long leg$267.0M$383.1M125x
BingX XRP-USDC+0.0100%8h1.5101−0.046%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5129+0.138%$5.4M$37.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5155+0.314%$658K$108.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5162+0.357%$1.1M$35.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5136+0.185%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5112+0.025%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5106−0.013%$42K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5105−0.017%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5105−0.020%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5111+0.017%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5107−0.007%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5101−0.047%$49.4M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5107−0.007%$53.9M$30.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5113+0.034%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5106−0.011%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5103−0.033%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0144%1h1.5112+0.026%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5124+0.107%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.51080.000%$5.6M$46.9M50xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5100−0.052%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5114+0.040%$24.2M$75.7M125xas long as short
Kalshi KXXRPPERP+0.0324%8h1.5113+0.033%$2.0M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5110+0.011%$514K$779K10xas long as short
Aftermath Perps XRPUSD+0.0693%1h1.5144+0.241%$2K$14K10xas long as short