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: Bitget against Ondo Perps−0.033%7-day average +0.054% · 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+0.069%+$7 on $10k
Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.033%, 7d avg +0.054%
Together, before fees+0.307%+ Points / potential airdropOndo Perps: Active · farm board+$31 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: Bitget is 0.087% cheaper against Ondo Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.51080.0100pay 0.0013% / 1h48m 18s$563K$28K5x
ShortBitget XRPUSDT1.51030.0100get 0.0100% / 8h4h 48m$267.0M$383.2M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.033% → +0.054%
−$8.7
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$25.7
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 6 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 Bitget live order book, 6 min ago0.33 bp6.4 bp −$68.8 bp −$8813.4 bp −$1,33628.7 bp −$14.3K
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%1h1.5106−0.013%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5103−0.036%$14.2M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5103−0.034%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.410%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5106−0.013%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5108+0.001%$252K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.992%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0038% / S +0.0032%1h1.5107−0.004%$786K200xas long as short
01 Exchange XRPUSD+0.0040%1h1.5116+0.053%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0079%8h1.5111+0.020%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5107−0.003%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5107−0.007%$508K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5111+0.020%$10K$318K20xas long as short
Nado XRP-PERP+0.0100%1h1.5115+0.050%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5120+0.083%$280.7M$224.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5109+0.007%$38.2M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5107−0.010%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5110+0.015%$532.3M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.51080.000%$343.8M$930.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5112+0.026%$125.5M$871.4M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5108long leg$563K$28K5x
Arcus XRP-USD+0.0100%1h1.5113+0.033%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.372%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.51080.000%$367.7M$152.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5112+0.026%$296.8M$894.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5110+0.014%$107.9M$173.1M75xas long as short
Bitget XRPUSDTshort+0.0100%8h1.5103−0.033%$267.0M$383.2M125x
BingX XRP-USDT+0.0100%8h1.5111+0.020%$126.5Mas long as short
Variational Omni XRP+0.0100%8h1.5129+0.138%$5.4M$37.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5155+0.314%$658K$108.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5162+0.357%$1.1M$35.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5136+0.185%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5113+0.030%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5111+0.020%$42K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5108+0.003%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5111+0.022%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5116+0.056%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5104−0.026%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5103−0.030%$49.4M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5109+0.007%$53.9M$30.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5107−0.009%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5106−0.010%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5103−0.036%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0144%1h1.5112+0.026%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5104−0.025%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5109+0.007%$5.6M$46.9M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5107−0.006%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5114+0.040%$24.2M$75.7M125xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5112+0.026%$2.0M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5122+0.094%$515K$779K10xas long as short
Aftermath Perps XRPUSD+0.0687%1h1.5138+0.197%$2K$15K10xas long as short