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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.009%
Price spread now: Ondo Perps against 01 Exchange−0.033%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.033% cheaper against 01 Exchange than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51950.0136pay 0.0017% / 1h50m 25s$8K$2K10x
ShortOndo Perps XRP-USD.P1.51900.0100get 0.0013% / 1h50m 25s$566K$33K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against 01 Exchange. 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
−$7.56
Price spread: −0.033% → 0.000%
−$3.29
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$22.85
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Ondo Perps: no order-book sample. 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 01 Exchange no order-book sample
Sell Ondo Perps no order-book sample
01 Exchange and 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%1h1.5194−0.007%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5220+0.167%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.51950.000%$7.8M$24.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5201+0.039%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.402%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5191−0.024%$14.5M$74.0M50xas long as short
Lighter XRP+0.0096%1h1.5190−0.031%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5194−0.007%$549K$3.1M20xas long as short
GMX XRP/USD [ETH-USDC]L +0.0096% / S −0.0054%1h1.5199+0.025%$784K200xas long as short
Katana Perps XRP-USD+0.0099%8h1.5187−0.053%$10K$371K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5187−0.049%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5191−0.026%$38.5M$87.1M100xas long as short
Pacifica XRP+0.0100%1h1.5192−0.017%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5190−0.035%$532.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5187−0.053%$349.3M$959.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5190−0.033%$127.5M$882.0M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5190−0.033%$566K$33K5x
Arcus XRP-USD+0.0100%1h1.5198+0.020%$144K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5191−0.029%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5187−0.053%$378.6M$159.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5191−0.026%$313.2M$917.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5190−0.030%$107.0M$184.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5187−0.053%$268.5M$393.8M125xas long as short
BingX XRP-USDC+0.0100%8h1.5185−0.066%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5190−0.036%$4.9M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5199+0.029%$660K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5223+0.186%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5209+0.092%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5198+0.020%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5190−0.033%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5191−0.026%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5191−0.026%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5193−0.012%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5215+0.129%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5194−0.007%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5193−0.013%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5198+0.020%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5189−0.037%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5186−0.059%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5191−0.024%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0128%1h1.5202+0.049%$17K$79K7xas long as short
01 Exchange XRPUSDlong+0.0136%1h1.5195long leg$8K$2K10x
Hyperliquid XRP+0.0164%1h1.5202+0.046%$289.5M$267.4M20xas long as short
Backpack XRP_USDC_PERP+0.0172%1h1.5202+0.046%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5200+0.033%$5.6M$48.1M50xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5224+0.191%$1.7M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5186−0.056%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5194−0.007%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5194−0.009%$528K$803K10xas long as short
Phoenix XRP+0.0526%1h1.5210+0.099%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0667%1h1.5204+0.061%$2K$16K10xas long as short