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 KuCoin+0.036%47s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.036%, 7d avg +0.003%
Together, before fees−0.031%+ Points / potential airdropParadex: 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: Paradex is 0.033% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XRPUSDTM1.51290.0100pay 0.0100% / 8h4h 07m$107.8M$175.1M75x
ShortParadex XRP-USD-PERP1.51340.0100get 0.0100% / 8h4h 07m$472K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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: +0.036% → +0.003%
$3.3
Slippage, 4 orders
−$15.31
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$28.01
Costs to cover
0.313%
Break-even
9804240.2 days
Slippage from KuCoin: live order book, 11 min ago; Paradex: live order book, 51 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 KuCoin live order book, 11 min ago0.03 bp8.6 bp −$910.5 bp −$105doesn't fitdoesn't fit
Sell Paradex live order book, 51 min ago4.61 bp6.6 bp −$7158.0 bp −$1,580doesn't fitdoesn't fit

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%1h1.5136+0.047%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5129+0.003%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5134+0.037%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.073%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5131+0.013%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5138+0.060%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.850%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0046% / S +0.0021%1h1.5130+0.007%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0091%8h1.5132+0.020%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5139+0.064%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5134+0.034%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5127−0.013%$10K$330K20xas long as short
Nado XRP-PERP+0.0100%1h1.5136+0.050%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5141+0.080%$280.3M$227.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5128−0.006%$38.3M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5138+0.062%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5129+0.001%$533.1M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5129+0.001%$345.2M$936.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5133+0.027%$126.8M$874.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5133+0.027%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5134+0.034%$110K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5130+0.010%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5126−0.019%$368.7M$154.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5127−0.013%$292.7M$903.3M300xas long as short
KuCoin XRPUSDTMlong+0.0100%8h1.5129long leg$107.8M$175.1M75x
Bitget XRPUSDT+0.0100%8h1.5126−0.019%$267.7M$384.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5129+0.001%$127.2Mas long as short
Variational Omni XRP+0.0100%8h1.5139+0.065%$5.2M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141+0.083%$658K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5130+0.007%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147+0.120%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5134+0.031%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5130+0.007%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5133+0.027%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5135+0.042%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5137+0.056%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5136+0.047%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5126−0.022%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5134+0.034%$53.8M$31.0M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5134+0.036%$472K$55K50x
Extended XRP-USD+0.0104%1h1.5123−0.040%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5133+0.029%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5133+0.027%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0187%1h1.5138+0.060%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5141+0.080%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5140+0.076%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5128−0.005%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5134+0.034%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5141+0.080%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5136+0.044%$515K$773K10xas long as short
Aftermath Perps XRPUSD+0.0685%1h1.5141+0.078%$2K$15K10xas long as short