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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Ondo Perps against Extended+0.071%7-day average −0.023% · 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−0.144%−$14 on $10k
Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.071%, 7d avg −0.023%
Together, before fees−0.289%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$29 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 0.093% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51130.0104pay 0.0013% / 1h54m 42s$2.0M$6.8M50x
ShortOndo Perps XRP-USD.P1.51240.0100get 0.0013% / 1h54m 42s$563K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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
−$0.84
Price spread: +0.071% → −0.023%
$9.3
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$1.54
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago0.99 bp3.5 bp −$36.0 bp −$60doesn't fitdoesn't fit
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%1h1.5126+0.084%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5126+0.087%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5119+0.040%$1.1M$115K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5125+0.077%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5112−0.006%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.955%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5111−0.017%$793K200xas long as short
01 Exchange XRPUSD+0.0056%1h1.5113−0.002%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5117+0.027%$2.8M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5121+0.051%$497K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5104−0.062%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5109−0.030%$941K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5128+0.097%$290.0M$257.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5112−0.009%$38.8M$86.4M100xas long as short
Pacifica XRP+0.0100%1h1.5116+0.019%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5113−0.002%$531.3M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5117+0.024%$342.0M$950.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5117+0.024%$125.2M$887.8M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5124+0.071%$563K$28K5x
Arcus XRP-USD+0.0100%1h1.5115+0.011%$137K$717K20xas long as short
Gate XRP_USDT+0.0100%8h1.5115+0.011%$372.5M$155.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5116+0.018%$293.9M$903.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5118+0.031%$107.9M$179.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5117+0.024%$268.2M$392.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5118+0.031%$128.1Mas long as short
Variational Omni XRP+0.0100%8h1.5139+0.169%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5127+0.093%$657K$111.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5138+0.160%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147+0.223%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5114+0.007%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5112−0.009%$49K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5109−0.029%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5120+0.044%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5120+0.046%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5115+0.008%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5124+0.071%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5126+0.084%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5125+0.077%$53.9M$31.7M50xas long as short
Bulk XRP-USD+0.0100%1h1.5107−0.039%$1.6M$29K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5117+0.023%$471K$55K50xas long as short
Extended XRP-USDlong+0.0104%1h1.5113long leg$2.0M$6.8M50x
Aevo XRP-PERP+0.0104%1h1.5117+0.024%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0167%8h1.5133+0.130%$1.8M$35.5M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5128+0.097%$5.7M$48.2M50xas long as short
Backpack XRP_USDC_PERP+0.0217%1h1.5130+0.110%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5106−0.046%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5121+0.051%$24.2M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5137+0.158%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5115+0.008%$515K$777K10xas long as short
Phoenix XRP+0.0528%1h1.5140+0.176%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0630%1h1.5123+0.061%$2K$15K10xas long as short