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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Ondo Perps against BloFin0.000%95s7-day average −0.053% · you sell dearer than you buy
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−0.241%−$24 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now 0.000%, 7d avg −0.053%
Together, before fees−0.146%+ Points / potential airdropOndo Perps: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.053% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.053%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 35 hours. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.51720.0220pay 0.0220% / 8h9m 36s$23.6M$77.6M125x
ShortOndo Perps XRP-USD.P1.51720.0100get 0.0013% / 1h9m 36s$564K$33K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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
−$25.2
Price spread: 0.000% → −0.053%
$5.31
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$36.89
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago0.66 bp6.7 bp −$76.8 bp −$6810.2 bp −$1,01721.3 bp −$10.6K
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%1h1.5187+0.099%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5185+0.087%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5191+0.123%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.557%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5193+0.140%$14.6M$73.6M50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5198+0.171%$7.7M$24.0M50xas long as short
Lighter XRP+0.0096%1h1.5185+0.083%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5188+0.105%$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%8h1.5179+0.046%$20K$382K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5187+0.102%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5185+0.083%$38.5M$86.1M100xas long as short
Pacifica XRP+0.0100%1h1.5188+0.103%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5187+0.099%$529.8M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5185+0.086%$350.1M$949.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5186+0.092%$127.2M$863.6M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.51720.000%$564K$33K5x
Arcus XRP-USD+0.0100%1h1.5191+0.125%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.040%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5185+0.086%$378.1M$162.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5188+0.105%$311.1M$929.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5186+0.094%$106.8M$183.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5185+0.086%$268.9M$388.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5186+0.092%$107.8Mas long as short
Variational Omni XRP+0.0100%8h1.5163−0.062%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151−0.138%$658K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180+0.052%$1.1M$34.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5182+0.066%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5192+0.134%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5199+0.178%$52K$514K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192+0.134%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5195+0.152%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.131%$817K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5178+0.042%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5193+0.138%$30K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5191+0.128%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5195+0.152%$54.2M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5193+0.141%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5183+0.070%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5190+0.119%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5192+0.132%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0108% / S −0.0072%1h1.5191+0.123%$774K200xas long as short
Hyperliquid XRP+0.0142%1h1.5190+0.119%$290.0M$268.1M20xas long as short
Kalshi KXXRPPERP+0.0166%8h1.5180+0.053%$1.8M$33.8M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5201+0.191%$5.6M$48.0M50xas long as short
Backpack XRP_USDC_PERP+0.0178%1h1.5201+0.191%$2.0M$1.4M25xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5172long leg$23.6M$77.6M125x
Reya XRPRUSDPERP+0.0220%1h1.5196+0.156%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5190+0.118%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180+0.053%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0584%1h1.5172+0.002%$2K$16K10xas long as short