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 Gate+0.104%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$330.334% 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)−0.120%−$12 · spread now +0.104%, 7d avg +0.015%
Together, before fees−0.121%+ Points / potential airdropParadex: Active · farm board−$12 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 0.089% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.52440.0100pay 0.0100% / 8h1h 16m$377.8M$161.3M100x
ShortParadex XRP-USD-PERP1.52600.0100get 0.0100% / 8h1h 16m$476K$54K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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: +0.104% → +0.015%
$8.88
Slippage, 4 orders
−$14.39
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$24.51
Costs to cover
0.334%
Break-even
203219257.6 days
Slippage from Gate: live order book, 2 min ago; Paradex: live order book, 27 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 Gate live order book, 2 min ago0.66 bp10.4 bp −$1014.9 bp −$14928.9 bp −$2,88740.1 bp −$20.1K
Sell Paradex live order book, 27 min ago4.62 bp6.6 bp −$7146.9 bp −$1,469doesn't fitdoesn't fit

XRP on 50 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%1h1.5255+0.072%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5249+0.035%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5260+0.105%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5244+0.001%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0012%1h1.5248+0.026%$7.9M$24.8M50xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5244+0.003%$14.5M$75.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.073%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0088% / S −0.0041%1h1.5244+0.002%$787K200xas long as short
Lighter XRP+0.0096%1h1.5248+0.024%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5249+0.033%$548K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5250+0.039%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5254+0.069%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5246+0.013%$38.7M$87.9M100xas long as short
Pacifica XRP+0.0100%1h1.5256+0.079%$620K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5245+0.007%$534.9M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5241−0.020%$349.8M$965.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.52440.000%$128.1M$886.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5239−0.033%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5261+0.112%$145K$716K20xas long as short
Gate XRP_USDTlong+0.0100%8h1.5244long leg$377.8M$161.3M100x
MEXC XRP_USDT+0.0100%8h1.5246+0.013%$311.5M$931.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5246+0.016%$107.9M$182.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5242−0.013%$269.6M$397.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5243−0.007%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5198−0.303%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231−0.082%$662K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5240−0.029%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.262%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5255+0.070%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5255+0.072%$66K$507K20xas long as short
Bullet XRP-USD+0.0100%1h1.5246+0.016%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5243−0.007%$66K$746K50xas long as short
SunX XRP-USDT+0.0100%8h1.5249+0.035%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5245+0.007%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5257+0.083%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5242−0.013%$54.6M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5206−0.249%$1.6M$5K20xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5260+0.104%$476K$54K50x
Extended XRP-USD+0.0104%1h1.5240−0.025%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5242−0.012%$59K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5259+0.098%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0144%1h1.5231−0.085%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5253+0.059%$5.7M$48.5M50xas long as short
Backpack XRP_USDC_PERP+0.0190%1h1.5254+0.066%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0216%1h1.5258+0.092%$290.8M$265.5M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5249+0.032%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5245+0.007%$23.7M$78.4M125xas long as short
Kalshi KXXRPPERP+0.0224%8h1.5257+0.085%$1.8M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5259+0.098%$533K$802K10xas long as short
Aftermath Perps XRPUSD+0.0653%1h1.5226−0.115%$2K$16K10xas long as short