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 MEXC−0.026%46s7-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 − costsprices read too far apart to compare
costs, in and out, $10k−$130.133% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.026%, 7d avg +0.013%
Together, before fees+0.011%+ Points / potential airdropParadex: Active · farm board+$1 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 0.039% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.013%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XRP_USDT1.50090.0100pay 0.0100% / 8h2h 29m$289.1M$914.0M300x
ShortParadex XRP-USD-PERP1.50050.0100get 0.0100% / 8h2h 29m$468K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. 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: −0.026% → +0.013%
−$3.89
Slippage, 4 orders
−$9.27
Fee MEXC: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$17.16
Costs to cover
0.133%
Break-even
142288630.3 days
Slippage from MEXC: live order book, 4 min ago; Paradex: live order book, 19 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 MEXC live order book, 4 min ago0.33 bp0.3 bp $00.9 bp −$95.2 bp −$52127.4 bp −$13.7K
Sell Paradex live order book, 19 min ago4.30 bp6.3 bp −$6142.9 bp −$1,429doesn'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%1h1.5013+0.027%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5010+0.009%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5012+0.020%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5030+0.140%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5004−0.031%$257K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0017%1h1.5010+0.007%$7.6M$25.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.671%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5005−0.030%$785K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.50090.000%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5013+0.024%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5016+0.047%$494K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5004−0.033%$12K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5012+0.023%$912K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5023+0.093%$287.4M$259.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5011+0.013%$38.3M$87.0M100xas long as short
Pacifica XRP+0.0100%1h1.5007−0.013%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5010+0.004%$525.3M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.50090.000%$340.0M$961.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5012+0.020%$124.5M$889.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5033+0.160%$559K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5011+0.013%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.119%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.5008−0.007%$367.8M$158.0M100xas long as short
MEXC XRP_USDTlong+0.0100%8h1.5009long leg$289.1M$914.0M300x
KuCoin XRPUSDTM+0.0100%8h1.5010+0.005%$106.2M$180.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.50090.000%$264.8M$397.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5011+0.013%$105.9Mas long as short
Variational Omni XRP+0.0100%8h1.5004−0.032%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5013+0.028%$652K$112.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5026+0.114%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5014+0.033%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5013+0.027%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5011+0.013%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.50090.000%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5007−0.013%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5004−0.036%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5013+0.029%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5008−0.007%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5010+0.006%$49.0M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5012+0.020%$53.5M$31.9M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5005−0.026%$468K$55K50x
Extended XRP-USD+0.0104%1h1.5006−0.017%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5006−0.017%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0133%8h1.5014+0.033%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0164%1h1.5020+0.073%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5015+0.040%$5.6M$48.2M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5026+0.111%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5005−0.024%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5001−0.053%$23.3M$75.8M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5009−0.002%$512K$778K10xas long as short
Aftermath Perps XRPUSD+0.0601%1h1.5035+0.176%$2K$16K10xas long as short