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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h −0.006%
Price spread now: Ondo Perps against Kraken Futures−0.056%7-day average −0.046% · 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−0.140%−$14 on $10k
Price spread, last 4 days (all we have)+0.388%+$39 · spread now −0.056%, 7d avg −0.046%
Together, before fees+0.248%+ Points / potential airdropOndo Perps: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XRPUSD1.5288−0.0063get 0.0008% / 1h44m 48s$13.9M$70.3M50x
ShortOndo Perps XRP-USD.P1.52790.0100get 0.0013% / 1h44m 48s$562K$36K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Kraken Futures. 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
$34.13
Price spread: −0.056% → −0.046%
−$1.01
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$18.13
Costs to cover
0.150%
Break-even
3.3 days
Slippage unknown: Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago1.63 bp8.7 bp −$910.7 bp −$10719.9 bp −$1,98841.0 bp −$20.5K
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 50 exchanges

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%1h1.5356+0.448%$5K$4K20xas long as short
Kraken Futures PF_XRPUSDlong−0.0063%1h1.5288long leg$13.9M$70.3M50x
dYdX XRP-USD0.0000%1h1.5286−0.013%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5340+0.343%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5287−0.004%$7.8M$21.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5286−0.010%$242K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.5291+0.022%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.782%$2K$107K30xas long as short
SoDEX XRP-USD+0.0068%1h1.5283−0.030%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5284−0.025%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5291+0.022%$598K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5286−0.011%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5284−0.023%$10K$399K20xas long as short
Nado XRP-PERP+0.0100%1h1.5284−0.020%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5290+0.016%$297.6M$267.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5276−0.076%$39.2M$81.5M100xas long as short
Pacifica XRP+0.0100%1h1.5289+0.007%$590K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5275−0.084%$532.4M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5276−0.076%$360.4M$887.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5275−0.082%$124.4M$832.7M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5279−0.056%$562K$36K5x
Arcus XRP-USD+0.0100%1h1.5292+0.029%$164K$682K20xas long as short
Bulk XRP-USD+0.0100%1h1.5314+0.174%$1.6M$26K20xas long as short
Gate XRP_USDT+0.0100%8h1.5283−0.030%$379.7M$156.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5282−0.036%$311.8M$892.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5281−0.040%$105.0M$181.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5277−0.069%$271.0M$356.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5272−0.102%$4.2Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5298+0.068%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5309+0.138%$5.0M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5313+0.169%$665K$109.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5321+0.216%$1.1M$30.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5317+0.193%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5291+0.022%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5284−0.023%$52K$474K20xas long as short
Bullet XRP-USD+0.0100%1h1.5283−0.031%$41K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5283−0.030%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5287−0.002%$128K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5284−0.022%$49.8M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5289+0.009%$54.5M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5276−0.072%$2.2M$6.1M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5313+0.164%$17K$76K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5277−0.066%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5291+0.022%$5.4M$43.7M50xas long as short
Kalshi KXXRPPERP+0.0135%8h1.5291+0.022%$1.9M$35.1M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0211% / S −0.0510%1h1.5283−0.027%$822K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5281−0.043%$23.9M$78.0M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5279−0.056%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5291+0.024%$513K$736K10xas long as short
Aftermath Perps XRPUSD+0.0443%1h1.5332+0.290%$3K$13K10xas long as short