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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.030%
Price spread now: Coinbase International against Ondo Perps+0.059%7-day average +0.076% · 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+0.114%+$11 on $10k
Price spread, last 4 days (all we have)−0.367%−$37 · spread now +0.059%, 7d avg +0.076%
Together, before fees−0.252%+ 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 +0.076%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.51630.0100pay 0.0013% / 1h16m 09s$564K$27K5x
ShortCoinbase International XRP-PERP-INTX1.51720.0184get 0.0023% / 1h16m 09s$5.7M$48.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Ondo Perps. 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
$17.64
Price spread: +0.059% → +0.076%
−$1.65
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$0.99
Costs to cover
0.150%
Break-even
6.6 days
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 3 min ago. 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 Ondo Perps no order-book sample
Sell Coinbase International live order book, 3 min ago0.33 bp7.7 bp −$89.8 bp −$9829.6 bp −$2,955doesn't fit
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%1h1.5167+0.026%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5150−0.083%$1.1M$115K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5152−0.073%$259K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5158−0.033%$7.8M$25.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5154−0.057%$14.4M$74.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.618%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5152−0.075%$795K200xas long as short
Lighter XRP+0.0096%1h1.5160−0.023%$2.8M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5161−0.013%$496K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5155−0.053%$9K$351K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5156−0.043%$976K$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5160−0.020%$38.9M$85.7M100xas long as short
Pacifica XRP+0.0100%1h1.5158−0.030%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.51630.000%$535.4M$2.16B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5165+0.013%$345.1M$945.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5165+0.013%$125.9M$884.8M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5163long leg$564K$27K5x
Arcus XRP-USD+0.0100%1h1.5164+0.007%$137K$721K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.010%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5162−0.007%$372.4M$156.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5164+0.007%$296.1M$907.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5161−0.011%$109.3M$178.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5165+0.013%$269.2M$390.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.51630.000%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5187+0.157%$4.9M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5180+0.115%$659K$110.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5170+0.045%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.51630.000%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5157−0.041%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5159−0.026%$45K$479K20xas long as short
Bullet XRP-USD+0.0100%1h1.5153−0.065%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5153−0.066%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5153−0.063%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5156−0.046%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5155−0.053%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5158−0.033%$49.5M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.51630.000%$54.0M$31.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5161−0.010%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5150−0.084%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5152−0.073%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.51630.000%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTXshort+0.0184%1h1.5172+0.059%$5.7M$48.1M50x
Reya XRPRUSDPERP+0.0217%1h1.5151−0.078%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.51630.000%$24.2M$75.7M125xas long as short
Kalshi KXXRPPERP+0.0242%8h1.5162−0.007%$1.9M$35.3M2.9xas long as short
Backpack XRP_USDC_PERP+0.0251%1h1.5172+0.059%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5174+0.073%$17K$82K7xas long as short
RISEx XRP/USDC+0.0358%1h1.5162−0.009%$516K$776K10xas long as short
Hyperliquid XRP+0.0408%1h1.5179+0.106%$298.3M$251.4M20xas long as short
Phoenix XRP+0.0528%1h1.5190+0.178%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0643%1h1.5171+0.052%$2K$15K10xas long as short