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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Ondo Perps against gTrade (Gains Network)−0.359%7-day average −0.048% · 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 3 days (all we have)+0.069%+$7 on $10k
Price spread, last 3 days (all we have)+0.367%+$37 · spread now −0.359%, 7d avg −0.048%
Together, before fees+0.436%+ Points / potential airdropOndo Perps: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.311% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.359% now, against its 7-day average of −0.048%). If the spread goes back, that is −$31 on $10k: about 11 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XRP/USD1.5123L +0.0003% / S −0.0004%pay 0.0000% / 1h35m 05s$252K150x
ShortOndo Perps XRP-USD.P1.50690.0100get 0.0013% / 1h35m 05s$561K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against gTrade (Gains Network). 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
$20.3
Price spread: −0.359% → −0.048%
−$31.13
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$25.83
Costs to cover
0.150%
Break-even
15.9 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 34 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 gTrade (Gains Network) virtual book (oracle venue), 34 min ago130.04 bp135.0 bp −$135208.0 bp −$2,0801906.1 bp −$190.6K9819.7 bp −$4.91M
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%1h1.5135+0.077%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5124+0.004%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5100−0.154%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDlongL +0.0003% / S −0.0004%1h1.5123long leg$252K150x
GMX XRP/USD [ETH-USDC]L +0.0019% / S +0.0062%1h1.5122−0.011%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.888%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5127+0.025%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0071%8h1.5133+0.064%$58K$949K50xas long as short
Lighter XRP+0.0096%1h1.5132+0.058%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5134+0.071%$517K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5127+0.024%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5136+0.087%$806K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5136+0.084%$38.5M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5134+0.068%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5140+0.108%$537.6M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5139+0.104%$340.3M$942.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5141+0.117%$123.7M$872.2M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5069−0.359%$561K$28K5x
Arcus XRP-USD+0.0100%1h1.5138+0.097%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101−0.148%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5134+0.071%$367.2M$151.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5137+0.091%$290.7M$907.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5130+0.044%$106.7M$172.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5135+0.077%$265.7M$385.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5135+0.077%$127.5Mas long as short
Variational Omni XRP+0.0100%8h1.5126+0.019%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5093−0.200%$655K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5084−0.262%$1.1M$38.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5107−0.108%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5133+0.067%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5135+0.077%$45K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5132+0.056%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5135+0.075%$814K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5143+0.130%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5132+0.058%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5130+0.042%$49.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5131+0.051%$53.8M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5132+0.060%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5128+0.032%$2.0M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5130+0.041%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5136+0.084%$8K$8K10xas long as short
Hyperliquid XRP+0.0208%1h1.5142+0.124%$280.7M$221.9M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0213%1h1.5134+0.071%$7.6M$25.3M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5131+0.053%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5134+0.071%$5.7M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.461%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5094−0.195%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0342%8h1.5137+0.091%$2.1M$36.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0344%1h1.5144+0.137%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5139+0.104%$536K$783K10xas long as short
Aftermath Perps XRPUSD+0.0799%1h1.5121−0.015%$2K$14K10xas long as short