Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.030%
Price spread now: Paradex against dYdX+0.049%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 4 days (all we have)+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.049%, 7d avg +0.016%
=Together, before fees+0.094%+ Points / potential airdropParadex: Active · farm board+$9 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 Paradex is 0.034% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XRP-USD | 1.5225 | 0 | get 0.0000% / 1h | 3m 27s | $1.1M | $148K | 10x |
| Short | Paradex XRP-USD-PERP | 1.5232 | 0.0100 | get 0.0100% / 8h | 1h 03m | $475K | $55K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.049% → +0.016%
- $3.38
- Slippage, 4 orders
- −$45.82
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$35.44
- Costs to cover
- 0.598%
- Break-even
- 18.8 days
Slippage from dYdX: live order book, 1 min ago; Paradex: live order book, 41 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX live order book, 1 min ago | 17.09 bp | 24.5 bp −$24 | 35.8 bp −$358 | 38.0 bp −$3,803 | 77.5 bp −$38.7K |
| Sell Paradex live order book, 41 min ago | 4.62 bp | 6.6 bp −$7 | 146.9 bp −$1,469 | doesn't fit | doesn't fit |
XRP on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5226 | +0.007% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USDlong | 0.0000% | 1h | 1.5225 | long leg | $1.1M | $148K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5230 | +0.033% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5219 | −0.036% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0024% | 1h | 1.5221 | −0.024% | $14.5M | $74.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.201% | $2K | $107K | 30x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5225 | 0.000% | $7.8M | $24.5M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0093% / S −0.0048% | 1h | 1.5220 | −0.034% | $786K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5228 | +0.020% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5228 | +0.020% | $546K | $3.2M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5222 | −0.019% | $11K | $370K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5225 | 0.000% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5223 | −0.011% | $38.6M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5229 | +0.026% | $617K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5224 | −0.009% | $534.2M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5231 | +0.040% | $349.3M | $960.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5234 | +0.059% | $128.1M | $881.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5220 | −0.033% | $567K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5235 | +0.066% | $145K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5223 | −0.011% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5225 | 0.000% | $378.0M | $162.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5223 | −0.013% | $313.2M | $933.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5230 | +0.034% | $108.3M | $183.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5229 | +0.027% | $269.3M | $395.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5222 | −0.019% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5235 | +0.065% | $4.8M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5225 | +0.002% | $662K | $114.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5225 | +0.003% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5227 | +0.013% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5229 | +0.029% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5231 | +0.040% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5222 | −0.018% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5233 | +0.053% | $75K | $686K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5224 | −0.006% | $819K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5230 | +0.030% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5222 | −0.019% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5224 | −0.006% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5227 | +0.013% | $54.5M | $32.4M | 50x | as long as short |
| Paradex XRP-USD-PERPshort | +0.0100% | 8h | 1.5232 | +0.049% | $475K | $55K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5222 | −0.017% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5232 | +0.048% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0120% | 1h | 1.5237 | +0.079% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5221 | −0.027% | $17K | $79K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0172% | 1h | 1.5234 | +0.059% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5226 | +0.007% | $5.7M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0217% | 8h | 1.5225 | 0.000% | $1.8M | $34.8M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0218% | 1h | 1.5239 | +0.092% | $290.3M | $266.6M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5222 | −0.018% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5227 | +0.013% | $23.7M | $78.0M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5234 | +0.057% | $530K | $806K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0706% | 1h | 1.5236 | +0.073% | $2K | $16K | 10x | as long as short |
Paradex XRP-USD-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD