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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Nado+0.112%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.482%−$48 · spread now +0.112%, 7d avg −0.014%
Together, before fees−0.483%+ Points / potential airdropNado: Active · Paradex: Active · farm board−$48 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 0.127% dearer against Nado than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XRP-PERP1.51640.0100pay 0.0012% / 1h19m 59s$1.1M$6.0M20x
ShortParadex XRP-USD-PERP1.51810.0100get 0.0100% / 8h4h 19m$473K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Nado. 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: +0.112% → −0.014%
$12.66
Slippage, 4 orders
−$9.96
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$8.3
Costs to cover
0.210%
Break-even
2199406.0 days
Slippage from Nado: live order book, 4 min ago; Paradex: live order book, 39 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 Nado live order book, 4 min ago0.33 bp3.9 bp −$49.1 bp −$9143.4 bp −$4,336doesn't fit
Sell Paradex live order book, 39 min ago4.61 bp6.6 bp −$7158.0 bp −$1,580doesn'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%1h1.5172+0.056%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5165+0.011%$14.3M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5177+0.090%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5190+0.175%$68K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5170+0.043%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5165+0.010%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.615%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0044% / S +0.0024%1h1.5164+0.004%$791K200xas long as short
Orderly PERP_XRP_USDC+0.0087%8h1.5167+0.023%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5171+0.049%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5171+0.049%$499K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5163−0.003%$11K$326K20xas long as short
Nado XRP-PERPlong+0.0100%1h1.5164long leg$1.1M$6.0M20x
Hyperliquid XRP+0.0100%1h1.5175+0.076%$280.7M$227.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5167+0.020%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5181+0.115%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5164+0.003%$535.1M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5164+0.003%$347.4M$934.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5165+0.010%$126.2M$874.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5176+0.082%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5180+0.109%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174+0.070%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5165+0.010%$369.9M$154.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5163−0.003%$291.2M$901.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5171+0.048%$108.3M$174.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5165+0.010%$268.4M$384.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5168+0.030%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5167+0.021%$5.1M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5172+0.056%$659K$108.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5174+0.070%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5192+0.188%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5168+0.030%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5167+0.023%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5168+0.028%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5181+0.117%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5170+0.043%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5176+0.084%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5166+0.016%$54.1M$30.8M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5181+0.112%$473K$55K50x
Vest XRP-PERP+0.0100%1h1.5168+0.028%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5165+0.013%$2.0M$6.8M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5172+0.056%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5166+0.014%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0181%1h1.5173+0.063%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5173+0.063%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5185+0.143%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5165+0.010%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5169+0.036%$24.1M$76.1M125xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5180+0.109%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5180+0.111%$517K$776K10xas long as short
Aftermath Perps XRPUSD+0.0650%1h1.5173+0.066%$2K$15K10xas long as short