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: SoDEX against Paradex−0.012%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.219% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.289%−$29 · spread now −0.012%, 7d avg −0.018%
Together, before fees−0.298%+ Points / potential airdropParadex: Active · farm board−$30 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.51550.0100pay 0.0100% / 8h4h 16m$472K$55K50x
ShortSoDEX XRP-USD1.51530.0100get 0.0013% / 1h16m 54s$28K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.012% → −0.018%
$0.59
Slippage, 4 orders
−$9.88
Fee Paradex: 2 bp × 2 orders
−$4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$21.29
Costs to cover
0.219%
Break-even
never at this rate
Slippage from Paradex: live order book, 42 min ago; SoDEX: live order book, 2 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, 42 min ago4.61 bp6.6 bp −$7137.9 bp −$1,379doesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.33 bp4.3 bp −$46.6 bp −$66doesn'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%1h1.5139−0.105%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5151−0.025%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5149−0.036%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5150−0.032%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5154−0.006%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5150−0.033%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.673%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0044% / S +0.0024%1h1.5150−0.035%$790K200xas long as short
Orderly PERP_XRP_USDC+0.0088%8h1.5148−0.045%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5155−0.002%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5156+0.007%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5146−0.059%$11K$329K20xas long as short
Nado XRP-PERP+0.0100%1h1.5151−0.029%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5154−0.004%$280.4M$227.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5151−0.025%$38.3M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5155−0.002%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143−0.077%$534.1M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5142−0.085%$346.9M$934.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5143−0.078%$126.1M$874.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5132−0.151%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5156+0.007%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174+0.127%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5149−0.039%$369.2M$154.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5148−0.045%$290.3M$901.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5150−0.033%$108.0M$174.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5141−0.092%$267.9M$384.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5145−0.065%$127.0Mas long as short
Variational Omni XRP+0.0100%8h1.5167+0.078%$5.1M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5159+0.028%$660K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5139−0.106%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5164+0.060%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5148−0.047%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5148−0.045%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5151−0.026%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5150−0.030%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5151−0.024%$127K$1.8M30xas long as short
SoDEX XRP-USDshort+0.0100%1h1.5153−0.012%$28K$1.7M10x
HTX XRP-USDT+0.0100%8h1.5150−0.032%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5153−0.012%$54.0M$30.9M50xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.5155long leg$472K$55K50x
Extended XRP-USD+0.0104%1h1.5143−0.075%$2.0M$6.8M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5155+0.001%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5149−0.037%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0180%1h1.5162+0.047%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5154−0.006%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5135−0.131%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5144−0.071%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5152−0.019%$24.2M$76.1M125xas long as short
Kalshi KXXRPPERP+0.0314%8h1.5157+0.014%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5156+0.008%$516K$775K10xas long as short
Aftermath Perps XRPUSD+0.0666%1h1.5161+0.042%$2K$15K10xas long as short