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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0427%/8h= +46.8% APRnext payment +$0.53 per $10,000 · paid last 24h +0.103%
Price spread now: RISEx against Ondo Perps+0.147%7-day average +0.102% · 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 3 days (all we have)+0.316%+$32 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.147%, 7d avg +0.102%
Together, before fees+0.412%+ Points / potential airdropOndo Perps: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and RISEx is 0.045% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.55000.0100pay 0.0013% / 1h5m 01s$576K$41K5x
ShortRISEx XRP/USDC1.55230.0527get 0.0066% / 1h5m 01s$508K$630K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$89.69
Price spread: +0.147% → +0.102%
$4.46
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$83.16
Costs to cover
0.110%
Break-even
0.5 days
Slippage unknown: Ondo Perps: no order-book sample; RISEx: live order book, 14 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 RISEx live order book, 14 min ago1.00 bp4.0 bp −$49.0 bp −$90doesn'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%1h1.5511+0.071%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5504+0.025%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5516+0.103%$9.6M$25.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0001% / S +0.0113%1h1.5511+0.070%$853K200xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5511+0.073%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.387%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5515+0.095%$15.5M$68.5M50xas long as short
Orderly PERP_XRP_USDC+0.0055%8h1.5514+0.090%$76K$909K50xas long as short
Lighter XRP+0.0096%1h1.5516+0.104%$3.0M$12.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5518+0.116%$443K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5512+0.078%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5516+0.102%$39.4M$79.0M100xas long as short
Pacifica XRP+0.0100%1h1.5510+0.065%$638K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5513+0.085%$558.2M$1.99B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5514+0.090%$346.1M$903.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5513+0.084%$127.7M$881.4M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5500long leg$576K$41K5x
Arcus XRP-USD+0.0100%1h1.5514+0.090%$119K$746K20xas long as short
Bulk XRP-USD+0.0100%1h1.5501+0.009%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.5513+0.084%$363.5M$143.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5515+0.097%$300.5M$868.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5514+0.092%$113.2M$161.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5515+0.097%$270.9M$366.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5513+0.084%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5512+0.080%$11.5M$30.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5481−0.124%$672K$102.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5513+0.085%$1.1M$41.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5496−0.026%$1.0M$885K50xas long as short
Vest XRP-PERP+0.0100%1h1.5514+0.088%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5515+0.097%$46K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5512+0.077%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5517+0.110%$835K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5517+0.113%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5515+0.097%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5502+0.015%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5514+0.090%$55.2M$29.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5512+0.079%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5508+0.052%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5511+0.069%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5514+0.087%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5515+0.097%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5512+0.075%$1.4M$8K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5522+0.142%$6.0M$47.5M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5516+0.103%$24.5M$73.8M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5494−0.037%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0296%1h1.5526+0.168%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5525+0.161%$2.0M$33.2M2.9xas long as short
Phoenix XRP+0.0516%1h1.5520+0.129%$69K$90K15xas long as short
RISEx XRP/USDCshort+0.0527%1h1.5523+0.147%$508K$630K10x
Hyperliquid XRP+0.0579%1h1.5531+0.200%$290.4M$204.6M20xas long as short
Aftermath Perps XRPUSD+0.0773%1h1.5518+0.119%$1K$11K10xas long as short