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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Ondo Perps against Bitget−0.250%7-day average −0.051% · 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−0.069%−$7 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.250%, 7d avg −0.051%
Together, before fees−0.025%+ Points / potential airdropOndo Perps: Active · farm board−$3 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 0.199% cheaper against Bitget than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.56070.0100pay 0.0100% / 8h45m 58s$272.8M$369.9M125x
ShortOndo Perps XRP-USD.P1.55680.0100get 0.0013% / 1h45m 58s$579K$42K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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: −0.250% → −0.051%
−$19.85
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$36.85
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago0.32 bp6.5 bp −$67.9 bp −$7919.3 bp −$1,92736.2 bp −$18.1K
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%1h1.5626+0.122%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5603−0.026%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5650+0.276%$70K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5633+0.167%$262K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0106%1h1.5631+0.156%$860K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0006%1h1.5630+0.147%$9.7M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5627+0.129%$15.7M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5629+0.141%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.301%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5626+0.122%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5624+0.109%$445K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5625+0.119%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5619+0.078%$39.7M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5616+0.058%$642K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5613+0.038%$559.0M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.56070.000%$347.8M$914.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5605−0.013%$127.5M$892.1M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5568−0.250%$579K$42K5x
Arcus XRP-USD+0.0100%1h1.5629+0.141%$117K$752K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.167%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5618+0.070%$373.1M$143.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5620+0.083%$302.8M$867.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5626+0.120%$113.7M$163.0M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5607long leg$272.8M$369.9M125x
BingX XRP-USDC+0.0100%8h1.5616+0.058%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5634+0.170%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5593−0.090%$677K$103.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5605−0.013%$1.1M$40.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5640+0.211%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5616+0.060%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5630+0.147%$49K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5633+0.168%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5635+0.180%$842K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5618+0.069%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5627+0.128%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5622+0.098%$51.3M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5625+0.115%$55.6M$29.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5620+0.084%$487K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5629+0.141%$13K$266K20xas long as short
Extended XRP-USD+0.0104%1h1.5627+0.126%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5632+0.157%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5631+0.154%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5628+0.137%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5585−0.141%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5634+0.173%$5.9M$47.9M50xas long as short
Hibachi XRP/USDT-P+0.0264%1h1.5570−0.234%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5636+0.186%$2.0M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0396%1h1.5629+0.141%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0625%1h1.5637+0.192%$298.0M$208.8M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5640+0.214%$510K$632K10xas long as short
Aftermath Perps XRPUSD+0.0812%1h1.5617+0.061%$1K$11K10xas long as short