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 Bitget−0.014%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.014%, 7d avg +0.013%
Together, before fees−0.052%+ Points / potential airdropParadex: Active · farm board−$5 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 0.026% 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 +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.51870.0100pay 0.0100% / 8h4h 25m$268.7M$384.7M125x
ShortParadex XRP-USD-PERP1.51850.0100get 0.0100% / 8h4h 25m$473K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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: −0.014% → +0.013%
−$2.63
Slippage, 4 orders
−$9.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$28.55
Costs to cover
0.259%
Break-even
6747486.7 days
Slippage from Bitget: live order book, 4 min ago; Paradex: live order book, 34 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 Bitget live order book, 4 min ago0.33 bp6.4 bp −$67.7 bp −$7718.3 bp −$1,82630.3 bp −$15.2K
Sell Paradex live order book, 34 min ago4.61 bp6.6 bp −$7158.0 bp −$1,580doesn'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%1h1.5179−0.053%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5185−0.010%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5177−0.065%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5180−0.046%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5183−0.026%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5190+0.020%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.456%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0043% / S +0.0026%1h1.5182−0.032%$792K200xas long as short
Orderly PERP_XRP_USDC+0.0084%8h1.5186−0.007%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5184−0.017%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5178−0.059%$498K$3.3M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5194+0.046%$8K$8K10xas long as short
Katana Perps XRP-USD+0.0097%8h1.5186−0.007%$10K$325K20xas long as short
Nado XRP-PERP+0.0100%1h1.5181−0.038%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5202+0.099%$282.1M$226.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5188+0.004%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5189+0.011%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.51870.000%$535.5M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5189+0.013%$347.3M$933.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5189+0.013%$126.3M$876.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5174−0.086%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5192+0.033%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5115−0.471%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5186−0.007%$370.3M$154.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.51870.000%$291.5M$900.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5192+0.031%$108.0M$174.5M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5187long leg$268.7M$384.7M125x
BingX XRP-USDC+0.0100%8h1.5184−0.020%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5179−0.055%$5.2M$37.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5159−0.182%$658K$108.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5178−0.062%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5164−0.151%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5187+0.001%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5195+0.053%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5185−0.012%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5189+0.012%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5194+0.049%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189+0.013%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5191+0.027%$49.7M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5180−0.046%$54.2M$30.7M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5185−0.014%$473K$55K50x
Extended XRP-USD+0.0104%1h1.5184−0.017%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5185−0.013%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0171%1h1.5195+0.053%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5178−0.057%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5194+0.046%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5188+0.007%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5177−0.066%$24.1M$76.2M125xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5194+0.046%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5195+0.050%$517K$777K10xas long as short
Aftermath Perps XRPUSD+0.0649%1h1.5181−0.037%$2K$15K10xas long as short