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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Paradex+0.026%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.222%+$22 · spread now +0.026%, 7d avg +0.013%
Together, before fees+0.225%+ Points / potential airdropParadex: Active · farm board+$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.49570.0100pay 0.0100% / 8h2h 26m$466K$55K50x
ShortPolymarket Perps XRP-USD1.49610.0100get 0.0013% / 1h26m 17s$51K$492K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.026% → +0.013%
$1.26
Slippage, 4 orders
−$15.74
Fee Paradex: 2 bp × 2 orders
−$4
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$26.48
Costs to cover
0.277%
Break-even
never at this rate
Slippage from Paradex: live order book, 23 min ago; Polymarket Perps: live order book, 21 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, 23 min ago4.30 bp6.3 bp −$6150.9 bp −$1,509doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 21 min ago2.32 bp8.2 bp −$810.2 bp −$102doesn'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%1h1.4943−0.095%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.4961+0.025%$14.1M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.4944−0.088%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5010+0.353%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.4954−0.021%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+4.031%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4954−0.022%$786K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.4961+0.026%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.4960+0.020%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.4950−0.048%$540K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.4944−0.088%$10K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.4956−0.004%$944K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.4965+0.052%$284.8M$261.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.4954−0.019%$38.1M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.4953−0.031%$598K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.4959+0.015%$523.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.4954−0.021%$340.1M$970.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.4958+0.006%$123.7M$880.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4932−0.168%$556K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.4964+0.046%$143K$733K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.466%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.4955−0.014%$365.9M$158.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.4950−0.048%$279.4M$917.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.4951−0.040%$104.4M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.4955−0.014%$262.5M$398.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.4953−0.028%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5004+0.314%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5011+0.363%$652K$112.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.291%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5018+0.407%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.4958+0.006%$15K10xas long as short
Polymarket Perps XRP-USDshort+0.0100%1h1.4961+0.026%$51K$492K20x
Bullet XRP-USD+0.0100%1h1.4956−0.008%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.4957−0.001%$61K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.4956−0.010%$805K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.4965+0.049%$125K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.4960+0.019%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.4955−0.012%$48.9M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4962+0.032%$53.4M$32.3M50xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.4957long leg$466K$55K50x
Extended XRP-USD+0.0104%1h1.4953−0.026%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.4958+0.008%$57K$25K3xas long as short
Kalshi KXXRPPERP+0.0137%8h1.4956−0.008%$1.6M$35.8M2.9xas long as short
Deribit XRP_USDC-PERPETUAL+0.0151%1h1.4962+0.032%$7.6M$25.8M50xas long as short
Backpack XRP_USDC_PERP+0.0154%1h1.4950−0.048%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.4964+0.046%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.4939−0.123%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4959+0.009%$1.3M$6K15xas long as short
BloFin XRP-USDT+0.0220%8h1.4939−0.121%$23.2M$76.1M125xas long as short
RISEx XRP/USDC+0.0305%1h1.4963+0.038%$510K$781K10xas long as short
Aftermath Perps XRPUSD+0.0626%1h1.5000+0.286%$2K$16K10xas long as short