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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: BingX against Ondo Perps−0.110%46s7-day average +0.035% · you buy dearer than you sell
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+0.083%+$8 on $10k
Price spread, last 4 days (all we have)+0.263%+$26 · spread now −0.110%, 7d avg +0.035%
Together, before fees+0.346%+ Points / potential airdropOndo Perps: Active · farm board+$35 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: BingX is 0.145% cheaper against Ondo Perps than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.035%. 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
LongOndo Perps XRP-USD.P1.55150.0100pay 0.0013% / 1h31m 44s$580K$41K5x
ShortBingX XRP-USDC1.54980.0100get 0.0100% / 8h1h 31m$3.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Ondo Perps. 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: −0.110% → +0.035%
−$14.5
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$29.5
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; BingX: live order book, 3 min ago. 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 Ondo Perps no order-book sample
Sell BingX live order book, 3 min ago0.96 bp8.8 bp −$911.9 bp −$11925.3 bp −$2,53486.6 bp −$43.3K
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%1h1.5521+0.039%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5517+0.016%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5499−0.103%$9.6M$25.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5498−0.106%$259K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.450%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5509−0.038%$15.6M$68.4M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5496−0.122%$77K$941K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0128%1h1.5498−0.111%$913K200xas long as short
Lighter XRP+0.0096%1h1.5502−0.084%$3.0M$12.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5512−0.019%$455K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5498−0.106%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5495−0.129%$39.2M$77.6M100xas long as short
Pacifica XRP+0.0100%1h1.5522+0.045%$670K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5498−0.110%$558.1M$1.96B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5497−0.116%$347.6M$887.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5496−0.122%$127.1M$872.1M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5515long leg$580K$41K5x
Arcus XRP-USD+0.0100%1h1.5520+0.032%$117K$736K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683+1.083%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5495−0.129%$373.2M$139.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5497−0.116%$291.7M$842.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5494−0.136%$113.4M$158.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5495−0.129%$270.1M$360.3M125xas long as short
BingX XRP-USDCshort+0.0100%8h1.5498−0.110%$3.7M
Variational Omni XRP+0.0100%8h1.5595+0.514%$11.8M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5564+0.313%$677K$100.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5554+0.254%$1.1M$41.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5582+0.432%$1.0M$881K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5495−0.129%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5500−0.097%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5498−0.108%$834K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5509−0.039%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5500−0.097%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5491−0.153%$50.9M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5508−0.045%$55.3M$29.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5505−0.063%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5521+0.037%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5513−0.013%$12K$250K20xas long as short
Extended XRP-USD+0.0104%1h1.5491−0.156%$2.2M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5496−0.123%$72K$40K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5528+0.083%$18K$81K7xas long as short
01 Exchange XRPUSD+0.0168%1h1.55150.000%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5497−0.118%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5512−0.019%$5.8M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5518+0.019%$24.6M$73.3M125xas long as short
Backpack XRP_USDC_PERP+0.0260%1h1.5501−0.090%$1.8M$994K25xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5521+0.039%$1.9M$32.5M2.9xas long as short
Phoenix XRP+0.0516%1h1.5570+0.354%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5522+0.046%$509K$623K10xas long as short
Hyperliquid XRP+0.0596%1h1.5516+0.006%$290.0M$200.6M20xas long as short
Aftermath Perps XRPUSD+0.0709%1h1.5580+0.418%$1K$11K10xas long as short