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+0.0294%/8h= +32.2% APRpaid last 24h +0.116%
Price spread now: RISEx against Paradex+0.004%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.338%+$34 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.004%, 7d avg +0.033%
Together, before fees+0.361%+ Points / potential airdropParadex: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.029% cheaper against Paradex than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.033%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.52160.0100pay 0.0100% / 8h51m 09s$474K$55K50x
ShortRISEx XRP/USDC1.52170.0394get 0.0049% / 1h51m 09s$529K$806K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$61.81
Price spread: +0.004% → +0.033%
−$2.89
Slippage, 4 orders
−$13.73
Fee Paradex: 2 bp × 2 orders
−$4
Fee RISEx: 3 bp × 2 orders
−$6
Net
$35.19
Costs to cover
0.237%
Break-even
3.0 days
Slippage from Paradex: live order book, 53 min ago; RISEx: live order book, 52 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, 53 min ago4.62 bp6.6 bp −$7153.1 bp −$1,531doesn't fitdoesn't fit
Sell RISEx live order book, 52 min ago2.24 bp5.2 bp −$511.3 bp −$113doesn't fitdoesn'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%1h1.5203−0.088%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5220+0.026%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5195−0.140%$7.8M$24.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5201−0.101%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.258%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5191−0.164%$14.5M$74.0M50xas long as short
Lighter XRP+0.0096%1h1.5196−0.137%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5198−0.121%$545K$3.1M20xas long as short
GMX XRP/USD [ETH-USDC]L +0.0096% / S −0.0054%1h1.5199−0.116%$784K200xas long as short
Katana Perps XRP-USD+0.0099%8h1.5203−0.088%$10K$371K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5210−0.045%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5197−0.127%$38.6M$87.1M100xas long as short
Pacifica XRP+0.0100%1h1.5216−0.003%$614K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5196−0.134%$532.2M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5192−0.160%$349.6M$959.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5195−0.140%$127.6M$882.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5214−0.015%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5217+0.004%$145K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195−0.138%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5200−0.107%$378.9M$159.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5196−0.134%$312.8M$917.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5195−0.138%$107.1M$184.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5193−0.153%$268.7M$394.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5200−0.107%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5174−0.280%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5199−0.112%$660K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5223+0.046%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5209−0.048%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5218+0.009%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5211−0.035%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5202−0.093%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5191−0.167%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5193−0.152%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5215−0.012%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5194−0.147%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5193−0.153%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5198−0.121%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.5216long leg$474K$55K50x
Extended XRP-USD+0.0104%1h1.5187−0.190%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5191−0.165%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0128%1h1.5199−0.113%$17K$79K7xas long as short
01 Exchange XRPUSD+0.0136%1h1.5213−0.022%$9K$2K10xas long as short
Hyperliquid XRP+0.0168%1h1.5221+0.031%$289.9M$267.4M20xas long as short
Backpack XRP_USDC_PERP+0.0172%1h1.5202−0.094%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5200−0.107%$5.6M$48.1M50xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5224+0.050%$1.7M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5205−0.077%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5194−0.147%$23.7M$77.9M125xas long as short
RISEx XRP/USDCshort+0.0394%1h1.5217+0.004%$529K$806K10x
Phoenix XRP+0.0526%1h1.5210−0.042%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0663%1h1.5209−0.046%$2K$16K10xas long as short