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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Ondo Perps against dYdX+0.276%7-day average −0.050% · you sell dearer than you buy
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+0.088%+$9 on $10k
Price spread, last 4 days (all we have)−0.433%−$43 · spread now +0.276%, 7d avg −0.050%
Together, before fees−0.345%+ Points / potential airdropOndo Perps: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.326% dearer against dYdX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.52310get 0.0000% / 1h48m 50s$1.1M$154K10x
ShortOndo Perps XRP-USD.P1.52730.0100get 0.0013% / 1h48m 50s$561K$37K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against dYdX. 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
$21
Price spread: +0.276% → −0.050%
$32.6
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$38.6
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: dYdX: live order book, 3 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 dYdX live order book, 3 min ago25.52 bp31.8 bp −$3235.0 bp −$35056.8 bp −$5,685101.0 bp −$50.5K
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 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%1h1.5360+0.848%$5K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.0077%1h1.5230−0.004%$13.6M$68.5M50xas long as short
dYdX XRP-USDlong0.0000%1h1.5231long leg$1.1M$154K10x
Phoenix XRP0.0000%1h1.5270+0.257%$68K$102K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5230−0.006%$7.6M$19.9M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5217−0.090%$241K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.161%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5260+0.191%$9K$98710xas long as short
Hibachi XRP/USDT-P+0.0080%1h1.5292+0.404%$17K$68K7xas long as short
Lighter XRP+0.0096%1h1.5240+0.063%$2.7M$13.5M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5243+0.080%$590K$3.1M20xas long as short
Coinbase International XRP-PERP-INTX+0.0096%1h1.5231+0.001%$5.4M$41.4M50xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5246+0.097%$475K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5249+0.119%$10K$411K20xas long as short
Nado XRP-PERP+0.0100%1h1.5225−0.035%$846K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5259+0.185%$296.4M$260.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5267+0.239%$38.8M$79.4M100xas long as short
Pacifica XRP+0.0100%1h1.5241+0.068%$588K$978K20xas long as short
Binance XRPUSDT+0.0100%8h1.5266+0.232%$531.3M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5275+0.290%$358.6M$853.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5271+0.263%$123.9M$816.7M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5273+0.276%$561K$37K5x
Arcus XRP-USD+0.0100%1h1.5262+0.204%$160K$693K20xas long as short
Bulk XRP-USD+0.0100%1h1.5312+0.529%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5267+0.237%$375.4M$156.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5264+0.217%$314.2M$877.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5257+0.169%$103.7M$179.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5265+0.224%$269.4M$346.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5259+0.185%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5256+0.168%$4.9M$37.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5262+0.204%$663K$105.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5263+0.211%$1.1M$32.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5270+0.257%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5257+0.172%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5248+0.112%$50K$471K20xas long as short
Bullet XRP-USD+0.0100%1h1.5233+0.014%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5226−0.032%$83K$601K50xas long as short
Derive XRP-PERP+0.0100%1h1.5228−0.022%$819K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5221−0.062%$127K$1.4M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5255+0.158%$30K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5221−0.066%$49.6M$13.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5242+0.073%$54.5M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5258+0.180%$2.2M$5.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5221−0.062%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0109%8h1.5250+0.125%$1.9M$35.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0132%1h1.5255+0.158%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5236+0.034%$23.8M$77.0M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5244+0.084%$1.3M$1K15xas long as short
GMX XRP/USD [ETH-USDC]L +0.0258% / S −0.0514%1h1.5228−0.021%$878K200xas long as short
RISEx XRP/USDC+0.0300%1h1.5263+0.211%$505K$723K10xas long as short
Aftermath Perps XRPUSD+0.0384%1h1.5285+0.353%$3K$13K10xas long as short