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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Pacifica against Ondo Perps+0.023%7-day average +0.069% · 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+0.107%+$11 on $10k
Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.023%, 7d avg +0.069%
Together, before fees+0.250%+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm board+$25 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: Pacifica is 0.046% cheaper against Ondo Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.51510.0100pay 0.0013% / 1h36m 25s$564K$32K5x
ShortPacifica XRP1.51550.0100get 0.0013% / 1h36m 25s$616K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.023% → +0.069%
−$4.57
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$17.57
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago0.99 bp5.8 bp −$6doesn't fitdoesn't fitdoesn't fit
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%1h1.5165+0.092%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5143−0.055%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5150−0.007%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5145−0.038%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5165+0.090%$14.4M$75.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.699%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5168+0.112%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S −0.0031%1h1.5142−0.062%$799K200xas long as short
01 Exchange XRPUSD+0.0088%1h1.5157+0.040%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5157+0.037%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5156+0.033%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5150−0.007%$12K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5153+0.012%$985K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5147−0.030%$38.5M$87.5M100xas long as short
Pacifica XRPshort+0.0100%1h1.5155+0.023%$616K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5147−0.030%$530.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5145−0.040%$345.2M$964.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5146−0.033%$127.1M$883.0M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5151long leg$564K$32K5x
Arcus XRP-USD+0.0100%1h1.5158+0.046%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145−0.040%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5141−0.066%$375.8M$159.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5144−0.046%$298.3M$922.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5142−0.062%$107.2M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5139−0.079%$267.1M$397.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5146−0.033%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.021%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5136−0.099%$658K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5151+0.002%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156+0.033%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5150−0.004%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5148−0.020%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5145−0.040%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5147−0.026%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5145−0.041%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5172+0.139%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5166+0.099%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5168+0.113%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5154+0.020%$54.2M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5162+0.074%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5149−0.016%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5165+0.090%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5164+0.088%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5164+0.086%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0170%1h1.5153+0.013%$288.0M$264.6M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5170+0.125%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0209%8h1.5164+0.086%$1.7M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5136−0.097%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5153+0.013%$23.5M$77.8M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5148−0.020%$524K$798K10xas long as short
Aftermath Perps XRPUSD+0.0583%1h1.5150−0.006%$2K$16K10xas long as short