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: Gate against Paradex−0.121%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−$46as in the Price arb table
costs, in and out, $10k−$360.357% 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)+0.179%+$18 · spread now −0.121%, 7d avg −0.015%
Together, before fees+0.180%+ Points / potential airdropParadex: Active · farm board+$18 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: Gate is 0.106% cheaper against Paradex than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.51780.0100pay 0.0100% / 8h4h 40m$473K$55K50x
ShortGate XRP_USDT1.51600.0100get 0.0100% / 8h4h 40m$370.2M$153.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.121% → −0.015%
−$10.61
Slippage, 4 orders
−$16.7
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$46.31
Costs to cover
0.357%
Break-even
never at this rate
Slippage from Paradex: live order book, 19 min ago; Gate: live order book, 4 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, 19 min ago4.61 bp6.6 bp −$7137.9 bp −$1,379doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago0.33 bp11.0 bp −$1115.5 bp −$15531.9 bp −$3,19344.2 bp −$22.1K

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%1h1.5179+0.004%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5162−0.111%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5172−0.040%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5150−0.187%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5165−0.088%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.514%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0039% / S +0.0030%1h1.5168−0.071%$789K200xas long as short
01 Exchange XRPUSD+0.0064%1h1.5184+0.037%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0080%8h1.5168−0.068%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5170−0.055%$7.7M$25.6M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5163−0.101%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5165−0.088%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5171−0.048%$10K$321K20xas long as short
Nado XRP-PERP+0.0100%1h1.5177−0.006%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5169−0.062%$281.7M$225.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5176−0.018%$38.4M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5181+0.014%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5158−0.134%$534.1M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5161−0.114%$344.9M$931.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5162−0.108%$126.0M$875.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5133−0.299%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5121−0.378%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146−0.215%$1.6M$49K20xas long as short
Gate XRP_USDTshort+0.0100%8h1.5160−0.121%$370.2M$153.2M100x
MEXC XRP_USDT+0.0100%8h1.5161−0.114%$289.8M$897.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5161−0.116%$108.0M$173.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5159−0.128%$267.9M$384.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5163−0.101%$126.7Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.202%$5.4M$37.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151−0.179%$658K$108.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5138−0.266%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5142−0.240%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5171−0.047%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5178−0.002%$43K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5170−0.055%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5170−0.057%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5169−0.059%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5166−0.081%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5159−0.130%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5159−0.128%$54.1M$30.5M50xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.5178long leg$473K$55K50x
Extended XRP-USD+0.0104%1h1.5165−0.091%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5170−0.057%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5149−0.192%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0170%1h1.5170−0.055%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5174−0.029%$5.6M$47.2M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5171−0.048%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5159−0.128%$24.2M$76.1M125xas long as short
Kalshi KXXRPPERP+0.0316%8h1.5174−0.029%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5184+0.038%$517K$780K10xas long as short
Aftermath Perps XRPUSD+0.0665%1h1.5154−0.160%$2K$15K10xas long as short