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: Paradex against SunX+0.023%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$620.615% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.023%, 7d avg −0.007%
Together, before fees+0.067%+ Points / potential airdropParadex: Active · farm board+$7 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 0.030% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.51590.0100pay 0.0100% / 8h1h 31m$127K$1.8M30x
ShortParadex XRP-USD-PERP1.51630.0100get 0.0100% / 8h1h 31m$473K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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: +0.023% → −0.007%
$3.02
Slippage, 4 orders
−$49.53
Fee SunX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$58.51
Costs to cover
0.615%
Break-even
485149398.7 days
Slippage from SunX: live order book, 4 min ago; Paradex: live order book, 12 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 SunX live order book, 4 min ago16.30 bp22.9 bp −$2325.6 bp −$256doesn't fitdoesn't fit
Sell Paradex live order book, 12 min ago4.62 bp6.6 bp −$7146.9 bp −$1,469doesn'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%1h1.5168+0.059%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5150−0.058%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.073%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5147−0.082%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5152−0.046%$7.7M$24.9M50xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5150−0.062%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.645%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0084% / S −0.0033%1h1.5152−0.047%$799K200xas long as short
Lighter XRP+0.0096%1h1.5156−0.022%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5154−0.033%$545K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange XRPUSD+0.0096%1h1.5163+0.026%$8K$2K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5158−0.007%$10K$371K20xas long as short
Nado XRP-PERP+0.0100%1h1.5149−0.063%$978K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5157−0.011%$38.5M$87.8M100xas long as short
Pacifica XRP+0.0100%1h1.5159+0.001%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5161+0.010%$531.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5160+0.007%$345.7M$962.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5161+0.013%$127.1M$882.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151−0.053%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5166+0.046%$143K$714K20xas long as short
Gate XRP_USDT+0.0100%8h1.5158−0.007%$376.2M$160.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5164+0.033%$300.1M$923.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5156−0.016%$107.4M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5162+0.020%$267.5M$396.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5158−0.007%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5146−0.087%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160+0.006%$660K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5158−0.007%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5169+0.066%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5158−0.004%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5156−0.020%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5156−0.019%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5152−0.046%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.070%$815K$72K10xas long as short
SunX XRP-USDTlong+0.0100%8h1.5159long leg$127K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5149−0.066%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5169+0.063%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5150−0.059%$54.2M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5157−0.013%$1.6M$5K20xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5163+0.023%$473K$55K50x
Extended XRP-USD+0.0104%1h1.5156−0.021%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5149−0.068%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5142−0.109%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5158−0.007%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.51590.000%$5.7M$48.3M50xas long as short
Hyperliquid XRP+0.0180%1h1.5165+0.040%$288.4M$264.7M20xas long as short
Kalshi KXXRPPERP+0.0206%8h1.51590.000%$1.7M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5149−0.064%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5170+0.073%$23.6M$77.9M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5166+0.047%$524K$798K10xas long as short
Aftermath Perps XRPUSD+0.0599%1h1.5161+0.011%$2K$16K10xas long as short