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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Ondo Perps+0.059%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+0.134%+$13 on $10k
Price spread, last 4 days (all we have)−1.379%−$138 · spread now +0.059%, 7d avg +0.069%
Together, before fees−1.244%+ Points / potential airdropOndo Perps: Active · farm board−$124 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.51950.0100pay 0.0013% / 1h11m 56s$567K$28K5x
ShortSunX XRP-USDT1.52040.0100get 0.0100% / 8h5h 11m$127K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.059% → +0.069%
−$0.95
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$13.95
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago15.96 bp25.1 bp −$2531.9 bp −$319doesn'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%1h1.5204+0.059%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5203+0.052%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5198+0.020%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5197+0.013%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0033% / S +0.0038%1h1.5198+0.018%$796K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.402%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5199+0.026%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0076%8h1.5198+0.020%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5193−0.010%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.51950.000%$514K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5191−0.026%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5209+0.094%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5204+0.059%$282.7M$223.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5193−0.016%$38.4M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5205+0.068%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5194−0.007%$536.6M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5194−0.007%$346.5M$929.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5196+0.007%$126.0M$872.3M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5195long leg$567K$28K5x
Arcus XRP-USD+0.0100%1h1.5203+0.053%$114K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.184%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5192−0.020%$368.5M$153.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5194−0.007%$295.3M$903.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5193−0.014%$109.0M$171.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5194−0.007%$269.6M$380.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5191−0.026%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5260+0.425%$6.0M$36.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5237+0.275%$662K$108.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5251+0.369%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5246+0.336%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5201+0.040%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5200+0.033%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5199+0.025%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5200+0.034%$818K$72K10xas long as short
SunX XRP-USDTshort+0.0100%8h1.5204+0.059%$127K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5196+0.007%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5194−0.008%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5193−0.013%$54.1M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5203+0.051%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5189−0.040%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5198+0.019%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0189%1h1.5201+0.039%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5207+0.082%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5196+0.006%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5203+0.053%$5.6M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5201+0.039%$24.3M$75.3M125xas long as short
Kraken Futures PF_XRPUSD+0.0272%1h1.5195−0.001%$14.4M$73.2M50xas long as short
Kalshi KXXRPPERP+0.0347%8h1.5205+0.066%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5203+0.053%$518K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.165%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0665%1h1.5217+0.142%$2K$14K10xas long as short