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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Paradex−0.015%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.015%, 7d avg +0.015%
Together, before fees−0.013%+ Points / potential airdropParadex: Active · farm board−$1 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: Bulk is 0.030% cheaper against Paradex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.51480.0100pay 0.0100% / 8h4h 38m$472K$55K50x
ShortBulk XRP-USD1.51460.0100get 0.0013% / 1h38m 00s$1.6M$49K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Paradex. 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: −0.015% → +0.015%
−$2.98
Slippage, 4 orders
−$10.01
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$23.99
Costs to cover
0.210%
Break-even
never at this rate
Slippage from Paradex: live order book, 21 min ago; Bulk: live order book, 1 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 Paradex live order book, 21 min ago4.61 bp6.6 bp −$7137.9 bp −$1,379doesn't fitdoesn't fit
Sell Bulk live order book, 1 min ago0.33 bp4.0 bp −$46.5 bp −$6511.9 bp −$1,19424.7 bp −$12.3K

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%1h1.51480.000%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5159+0.075%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5146−0.013%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.013%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160+0.081%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5165+0.112%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.720%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0040% / S +0.0030%1h1.5160+0.082%$789K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5159+0.073%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0081%8h1.5163+0.099%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5159+0.073%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5160+0.079%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5153+0.033%$10K$324K20xas long as short
Nado XRP-PERP+0.0100%1h1.5164+0.109%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5168+0.132%$281.6M$225.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5165+0.115%$38.4M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5149+0.008%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5164+0.107%$534.3M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5162+0.093%$345.0M$931.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5161+0.086%$125.9M$875.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175+0.178%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5107−0.271%$113K$717K20xas long as short
Bulk XRP-USDshort+0.0100%1h1.5146−0.015%$1.6M$49K20x
Gate XRP_USDT+0.0100%8h1.5158+0.066%$370.0M$153.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5159+0.073%$289.8M$897.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5156+0.055%$108.0M$173.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5163+0.099%$267.9M$384.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5158+0.066%$126.6Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.002%$5.4M$37.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151+0.021%$658K$108.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180+0.211%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5149+0.007%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.099%$44K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5161+0.088%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5166+0.117%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5165+0.114%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5161+0.086%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5159+0.075%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5158+0.066%$54.1M$30.6M50xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.5148long leg$472K$55K50x
Vest XRP-PERP+0.0100%1h1.5162+0.089%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5155+0.044%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5164+0.105%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5152+0.029%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0164%1h1.5171+0.152%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5170+0.145%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5161+0.087%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5141−0.046%$24.1M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5152+0.027%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5159+0.071%$516K$779K10xas long as short
Aftermath Perps XRPUSD+0.0658%1h1.5155+0.049%$2K$15K10xas long as short