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: Ondo Perps against ApeX Omni−0.066%52s7-day average −0.106% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$13 on $10k
Price spread, last 4 days (all we have)−0.420%−$42 · spread now −0.066%, 7d avg −0.106%
Together, before fees−0.545%+ Points / potential airdropOndo Perps: Active · farm board−$55 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: Ondo Perps is 0.040% dearer against ApeX Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.106%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.51820.0100pay 0.0013% / 1h9m 49s$1.2M$1.2M50x
ShortOndo Perps XRP-USD.P1.51720.0100get 0.0013% / 1h9m 49s$564K$33K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against ApeX Omni. 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: −0.066% → −0.106%
$4.04
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$10.96
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 4 min ago2.31 bp7.6 bp −$814.1 bp −$141doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5184+0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5175−0.045%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5191+0.057%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.490%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5193+0.074%$14.6M$73.6M50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5198+0.105%$7.7M$24.0M50xas long as short
Lighter XRP+0.0096%1h1.5193+0.074%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5197+0.099%$605K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5177−0.033%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5181−0.007%$20K$382K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5187+0.036%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5179−0.017%$38.5M$86.1M100xas long as short
Pacifica XRP+0.0100%1h1.5183+0.010%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5176−0.039%$529.4M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5174−0.053%$349.8M$949.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5176−0.040%$127.2M$863.5M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5172−0.066%$564K$33K5x
Arcus XRP-USD+0.0100%1h1.5193+0.072%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178−0.026%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5176−0.040%$377.8M$162.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5179−0.020%$310.8M$929.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5182+0.001%$106.7M$183.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5174−0.053%$268.7M$388.8M125xas long as short
BingX XRP-USDC+0.0100%8h1.5183+0.007%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5163−0.128%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151−0.204%$658K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180−0.014%$1.1M$34.3M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5182long leg$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5192+0.068%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5199+0.112%$52K$514K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192+0.068%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5195+0.086%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.065%$817K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5178−0.024%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5193+0.072%$30K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5191+0.062%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5195+0.086%$54.2M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5184+0.012%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5176−0.040%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5192+0.066%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5192+0.066%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0108% / S −0.0072%1h1.5191+0.057%$774K200xas long as short
Hyperliquid XRP+0.0142%1h1.5190+0.053%$290.0M$268.1M20xas long as short
Kalshi KXXRPPERP+0.0166%8h1.5180−0.013%$1.8M$33.8M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5201+0.125%$5.6M$48.0M50xas long as short
Backpack XRP_USDC_PERP+0.0178%1h1.5201+0.125%$2.0M$1.4M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5172−0.066%$23.6M$77.6M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5196+0.090%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5193+0.070%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180−0.013%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0584%1h1.5172−0.064%$2K$16K10xas long as short