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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0121%/8h= −13.2% APRnext payment $1.21 per $10,000 · paid last 24h −0.036%
Price spread now: Paradex against BloFin+0.039%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.128%−$13 on $10k
Price spread, last 4 days (all we have)+0.298%+$30 · spread now +0.039%, 7d avg +0.010%
Together, before fees+0.170%+ Points / potential airdropParadex: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Paradex is 0.029% dearer against BloFin than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of +0.010%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.53610.0220pay 0.0220% / 8h5h 54m$23.9M$78.6M125x
ShortParadex XRP-USD-PERP1.53670.0099get 0.0099% / 8h5h 54m$479K$47K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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
−$25.39
Price spread: +0.039% → +0.010%
$2.94
Slippage, 4 orders
−$13.68
Fee BloFin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$52.13
Costs to cover
0.297%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Paradex: live order book, 57 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 BloFin live order book, 3 min ago0.32 bp6.3 bp −$67.3 bp −$7311.9 bp −$1,19525.4 bp −$12.7K
Sell Paradex live order book, 57 min ago6.52 bp8.5 bp −$9158.7 bp −$1,587doesn't fitdoesn't fit

XRP on 50 exchanges

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%1h1.5403+0.273%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5368+0.044%$14.1M$71.6M50xas long as short
dYdX XRP-USD0.0000%1h1.5367+0.039%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5370+0.059%$7.9M$21.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5383+0.141%$246K150xas long as short
01 Exchange XRPUSD+0.0016%1h1.5367+0.039%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.295%$2K$107K30xas long as short
SoDEX XRP-USD+0.0060%1h1.5368+0.046%$30K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5364+0.017%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5370+0.059%$601K$3.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERPshort+0.0099%8h1.5367+0.039%$479K$47K50x
Katana Perps XRP-USD+0.0100%8h1.5359−0.013%$9K$400K20xas long as short
Nado XRP-PERP+0.0100%1h1.5368+0.049%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5373+0.078%$299.6M$266.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5364+0.020%$39.3M$81.7M100xas long as short
Pacifica XRP+0.0100%1h1.5367+0.039%$594K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5365+0.026%$536.0M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5364+0.020%$364.2M$890.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5360−0.007%$124.8M$839.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5365+0.026%$565K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5366+0.033%$165K$684K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.117%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5364+0.020%$383.6M$155.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5364+0.020%$316.9M$886.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5365+0.027%$106.8M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5362+0.007%$272.5M$357.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5359−0.013%$4.2Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5377+0.104%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5375+0.088%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5375+0.093%$668K$109.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5385+0.159%$1.1M$30.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5406+0.293%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5372+0.070%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5369+0.052%$53K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5371+0.065%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5370+0.059%$84K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5370+0.059%$129K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5362+0.008%$50.1M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5367+0.039%$54.8M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5355−0.036%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5362+0.009%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5371+0.065%$5.5M$44.7M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5373+0.078%$17K$76K7xas long as short
Kalshi KXXRPPERP+0.0141%8h1.5373+0.078%$1.9M$34.9M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0200% / S −0.0534%1h1.5365+0.024%$807K200xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5361long leg$23.9M$78.6M125x
Reya XRPRUSDPERP+0.0223%1h1.5365+0.026%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5366+0.031%$514K$739K10xas long as short
Aftermath Perps XRPUSD+0.0429%1h1.5392+0.200%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5390+0.189%$69K$108K15xas long as short