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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Paradex+0.084%93s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.314% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.116%+$12 on $10k
Price spread, last 3 days (all we have)−0.187%−$19 · spread now +0.084%, 7d avg −0.002%
Together, before fees−0.070%+ Points / potential airdropParadex: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.087% dearer against Paradex than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.51800.0100pay 0.0100% / 8h6h 47m$473K$55K50x
ShortBloFin XRP-USDT1.51930.0220get 0.0220% / 8h6h 47m$24.0M$75.2M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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
$25.2
Price spread: +0.084% → −0.002%
$8.66
Slippage, 4 orders
−$15.44
Fee Paradex: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.42
Costs to cover
0.314%
Break-even
6.3 days
Slippage from Paradex: live order book, 22 min ago; BloFin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex live order book, 22 min ago5.86 bp7.9 bp −$8147.5 bp −$1,475doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago0.99 bp7.0 bp −$77.3 bp −$7314.9 bp −$1,49229.3 bp −$14.7K

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%1h1.5182+0.012%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5170−0.070%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5190+0.065%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5176−0.028%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0022% / S +0.0066%1h1.5175−0.035%$832K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.502%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5183+0.018%$14.7M$72.2M50xas long as short
Orderly PERP_XRP_USDC+0.0067%8h1.5189+0.058%$57K$945K50xas long as short
Lighter XRP+0.0096%1h1.5177−0.024%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5189+0.058%$519K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5182+0.012%$11K$305K20xas long as short
Nado XRP-PERP+0.0100%1h1.5182+0.012%$881K$5.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5186+0.037%$38.4M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5180−0.001%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5181+0.005%$536.7M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5177−0.021%$337.5M$937.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5173−0.047%$123.2M$870.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5172−0.054%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5185+0.032%$115K$722K20xas long as short
Bulk XRP-USD+0.0100%1h1.5183+0.018%$1.6M$305K20xas long as short
Gate XRP_USDT+0.0100%8h1.5178−0.014%$368.6M$149.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5183+0.019%$293.5M$897.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5176−0.028%$109.3M$170.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5178−0.014%$265.0M$383.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5175−0.034%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5167−0.086%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5188+0.052%$660K$108.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5207+0.177%$1.1M$38.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5193+0.084%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5186+0.039%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5196+0.104%$45K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5181+0.005%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.079%$818K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5183+0.017%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5187+0.045%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5175−0.033%$49.7M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5191+0.071%$53.9M$29.6M50xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.5180long leg$473K$55K50x
Extended XRP-USD+0.0104%1h1.5176−0.030%$2.0M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5191+0.072%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0128%1h1.5185+0.032%$8K$8K10xas long as short
Hyperliquid XRP+0.0183%1h1.5194+0.090%$281.1M$222.9M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0211%1h1.5194+0.091%$9.1M$25.0M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5175−0.033%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5193+0.084%$5.7M$46.5M50xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5193+0.084%$24.0M$75.2M125x
Kalshi KXXRPPERP+0.0328%8h1.5205+0.164%$2.1M$36.1M2.9xas long as short
Hibachi XRP/USDT-P+0.0336%1h1.5184+0.028%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0395%1h1.5200+0.131%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5187+0.047%$538K$782K10xas long as short
Aftermath Perps XRPUSD+0.0792%1h1.5190+0.067%$2K$14K10xas long as short