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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against ApeX Omni+0.092%52s7-day average −0.107% · 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−0.125%−$13 on $10k
Price spread, last 4 days (all we have)−0.483%−$48 · spread now +0.092%, 7d avg −0.107%
Together, before fees−0.609%+ Points / potential airdropOndo Perps: Active · farm board−$61 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: Ondo Perps is 0.199% dearer against ApeX Omni than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.107%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.51470.0100pay 0.0013% / 1h42m 00s$1.2M$1.2M50x
ShortOndo Perps XRP-USD.P1.51610.0100get 0.0013% / 1h42m 00s$563K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against ApeX Omni. 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: +0.092% → −0.107%
$19.9
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$4.9
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 7 min ago; 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 ApeX Omni live order book, 7 min ago1.32 bp6.8 bp −$711.5 bp −$115doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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%1h1.5142−0.033%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5138−0.061%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5130−0.112%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5143−0.026%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5145−0.015%$14.5M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.727%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0080%1h1.5149+0.013%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5148+0.007%$7.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S −0.0029%1h1.5143−0.029%$799K200xas long as short
Lighter XRP+0.0096%1h1.5144−0.019%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5145−0.013%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5143−0.026%$13K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5138−0.056%$985K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5145−0.015%$38.4M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5141−0.042%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5146−0.007%$529.9M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5143−0.026%$345.4M$968.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5146−0.007%$127.2M$891.3M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5161+0.092%$563K$32K5x
Arcus XRP-USD+0.0100%1h1.5148+0.007%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145−0.013%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5140−0.046%$372.6M$159.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5141−0.040%$299.3M$921.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5142−0.036%$107.2M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5142−0.033%$267.2M$400.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5140−0.046%$106.4Mas long as short
Variational Omni XRP+0.0100%8h1.5118−0.192%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5135−0.079%$657K$114.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.092%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5147long leg$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5148+0.008%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5144−0.020%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5144−0.020%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5141−0.040%$65K$810K50xas long as short
Derive XRP-PERP+0.0100%1h1.5142−0.032%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145−0.013%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5140−0.046%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5145−0.014%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5141−0.040%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5146−0.003%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5138−0.058%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5141−0.040%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0153%1h1.5150+0.020%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5161+0.092%$17K$79K7xas long as short
Hyperliquid XRP+0.0160%1h1.5154+0.048%$288.7M$265.0M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5148+0.007%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0215%8h1.5148+0.007%$1.7M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5139−0.053%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5144−0.020%$23.5M$77.8M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5146−0.006%$522K$795K10xas long as short
Aftermath Perps XRPUSD+0.0563%1h1.5154+0.045%$2K$16K10xas long as short