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: Bullet against Paradex+0.045%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.045% dearer against Paradex than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.51780.0100pay 0.0100% / 8h4h 24m$473K$55K50x
ShortBullet XRP-USD1.51850.0100get 0.0013% / 1h24m 35s$41K$68K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$0
Price spread: +0.045% → 0.000%
$4.46
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$7.54
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: live order book, 35 min ago; Bullet: no order-book sample. 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 Paradex live order book, 35 min ago4.61 bp6.6 bp −$7137.9 bp −$1,379doesn't fitdoesn't fit
Sell Bullet no order-book sample
Bullet: 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%1h1.5187+0.056%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5185+0.046%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5176−0.019%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5180+0.010%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5183+0.030%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5190+0.076%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.514%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0043% / S +0.0026%1h1.5182+0.025%$792K200xas long as short
Orderly PERP_XRP_USDC+0.0084%8h1.5186+0.050%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5178−0.004%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5181+0.017%$498K$3.3M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5186+0.050%$8K$8K10xas long as short
Katana Perps XRP-USD+0.0097%8h1.5172−0.042%$10K$326K20xas long as short
Nado XRP-PERP+0.0100%1h1.5171−0.046%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5189+0.070%$281.7M$226.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5174−0.026%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5176−0.016%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5182+0.022%$535.3M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5185+0.043%$347.3M$934.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5184+0.037%$126.2M$875.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5174−0.029%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5183+0.030%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174−0.029%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5172−0.042%$369.9M$154.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5177−0.009%$291.2M$900.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5180+0.008%$107.9M$174.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5175−0.023%$268.5M$384.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5174−0.029%$127.0Mas long as short
Variational Omni XRP+0.0100%8h1.5179+0.002%$5.2M$37.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5159−0.126%$658K$108.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5178−0.006%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5164−0.095%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5187+0.058%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5195+0.109%$44K$452K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5185+0.045%$41K$68K20x
Derive XRP-PERP+0.0100%1h1.5189+0.069%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5194+0.105%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189+0.070%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5191+0.083%$49.7M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5180+0.010%$54.2M$30.7M50xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.5178long leg$473K$55K50x
Extended XRP-USD+0.0104%1h1.5172−0.046%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5185+0.043%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0174%1h1.5181+0.017%$2.0M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5178−0.001%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5194+0.103%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5188+0.063%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5177−0.009%$24.1M$76.2M125xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5194+0.103%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5185+0.043%$517K$777K10xas long as short
Aftermath Perps XRPUSD+0.0649%1h1.5181+0.019%$2K$15K10xas long as short