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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Polymarket Perps+0.078%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.326%−$33 · spread now +0.078%, 7d avg −0.013%
Together, before fees−0.328%+ Points / potential airdropParadex: Active · farm board−$33 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: Paradex is 0.091% dearer against Polymarket Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps XRP-USD1.50400.0100pay 0.0013% / 1h34m 20s$51K$493K20x
ShortParadex XRP-USD-PERP1.50520.0100get 0.0100% / 8h2h 34m$469K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Polymarket Perps. 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: +0.078% → −0.013%
$9.07
Slippage, 4 orders
−$15.74
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$18.66
Costs to cover
0.277%
Break-even
154764489.7 days
Slippage from Polymarket Perps: live order book, 13 min ago; Paradex: live order book, 15 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 Polymarket Perps live order book, 13 min ago2.32 bp7.0 bp −$79.0 bp −$90doesn't fitdoesn't fit
Sell Paradex live order book, 15 min ago4.30 bp6.3 bp −$6142.9 bp −$1,429doesn'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%1h1.5041+0.007%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5079+0.258%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5042+0.012%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.199%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5030−0.066%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5030−0.067%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.457%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5028−0.079%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5045+0.033%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5043+0.017%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5045+0.033%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5033−0.047%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5044+0.030%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5047+0.047%$288.4M$258.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5033−0.044%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5044+0.029%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5028−0.077%$526.8M$2.19B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5027−0.086%$341.3M$958.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5028−0.080%$124.3M$889.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.027%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5046+0.040%$136K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.112%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5030−0.066%$368.4M$157.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5034−0.040%$285.8M$911.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5043+0.019%$106.4M$180.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5026−0.093%$265.2M$396.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5031−0.060%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.181%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056+0.107%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.179%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062+0.146%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5045+0.035%$13K10xas long as short
Polymarket Perps XRP-USDlong+0.0100%1h1.5040long leg$51K$493K20x
Bullet XRP-USD+0.0100%1h1.5029−0.073%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5027−0.086%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5024−0.106%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5084+0.295%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5080+0.266%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5080+0.265%$49.3M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5075+0.233%$53.7M$31.8M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5052+0.078%$469K$55K50x
Extended XRP-USD+0.0104%1h1.5039−0.010%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5025−0.103%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0123%8h1.5083+0.286%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0176%1h1.5077+0.246%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5085+0.299%$5.6M$48.5M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5080+0.267%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5032−0.051%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.259%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5046+0.038%$513K$777K10xas long as short
Aftermath Perps XRPUSD+0.0601%1h1.5061+0.142%$2K$15K10xas long as short