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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Paradex−0.093%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
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)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.093%, 7d avg −0.003%
Together, before fees+0.091%+ Points / potential airdropParadex: Active · farm board+$9 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: KuCoin is 0.090% cheaper against Paradex than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.51530.0100pay 0.0100% / 8h1h 48m$472K$55K50x
ShortKuCoin XRPUSDTM1.51390.0100get 0.0100% / 8h1h 48m$107.2M$182.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.093% → −0.003%
−$9.04
Slippage, 4 orders
−$15.4
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$40.44
Costs to cover
0.314%
Break-even
never at this rate
Slippage from Paradex: live order book, 61 min ago; KuCoin: live order book, 11 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, 61 min ago4.30 bp6.3 bp −$6150.9 bp −$1,509doesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago0.50 bp10.6 bp −$1118.8 bp −$18852.7 bp −$5,266doesn't fit

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%1h1.5148−0.034%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5146−0.046%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.111%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149−0.025%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5147−0.039%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.685%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5139−0.093%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0079% / S −0.0026%1h1.5149−0.025%$799K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5151−0.014%$7.7M$25.1M50xas long as short
Lighter XRP+0.0096%1h1.5148−0.036%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5149−0.027%$546K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5138−0.100%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5122−0.206%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5145−0.055%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5151−0.014%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5140−0.087%$528.2M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5141−0.080%$344.5M$967.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5142−0.073%$127.1M$890.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5146−0.047%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5147−0.040%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.160%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5148−0.034%$373.3M$158.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5142−0.073%$298.6M$918.7M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5139−0.093%$107.2M$182.0M75x
Bitget XRPUSDT+0.0100%8h1.5140−0.087%$266.8M$400.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5147−0.040%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5130−0.153%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141−0.078%$658K$114.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5141−0.081%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5146−0.047%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5147−0.043%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5144−0.060%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5144−0.060%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5149−0.027%$65K$933K50xas long as short
Derive XRP-PERP+0.0100%1h1.5149−0.024%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5153+0.002%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5146−0.047%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5146−0.048%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5147−0.040%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.5153long leg$472K$55K50x
Extended XRP-USD+0.0104%1h1.5142−0.070%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5146−0.048%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0166%1h1.5163+0.065%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5163+0.065%$17K$81K7xas long as short
Hyperliquid XRP+0.0169%1h1.5155+0.012%$289.1M$264.2M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5154+0.006%$5.7M$48.3M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5137−0.104%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5146−0.047%$23.5M$77.9M125xas long as short
Kalshi KXXRPPERP+0.0221%8h1.5153−0.001%$1.7M$35.4M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5147−0.038%$522K$796K10xas long as short
Aftermath Perps XRPUSD+0.0550%1h1.5146−0.046%$2K$16K10xas long as short