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: Paradex against BingX+0.071%7-day average +0.031% · 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−$300.299% 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)−0.037%−$4 · spread now +0.071%, 7d avg +0.031%
Together, before fees−0.038%+ Points / potential airdropParadex: Active · farm board−$4 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: Paradex is 0.040% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XRP-USDC1.51650.0100pay 0.0100% / 8h2h 06m$4.2M
ShortParadex XRP-USD-PERP1.51760.0100get 0.0100% / 8h2h 06m$473K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against BingX. 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: +0.071% → +0.031%
$4
Slippage, 4 orders
−$15.92
Fee BingX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$25.92
Costs to cover
0.299%
Break-even
214939564.0 days
Slippage from BingX: live order book, 13 min ago; Paradex: live order book, 43 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 BingX live order book, 13 min ago0.66 bp7.8 bp −$810.4 bp −$10425.5 bp −$2,55392.3 bp −$46.1K
Sell Paradex live order book, 43 min ago4.30 bp6.3 bp −$6142.9 bp −$1,429doesn'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%1h1.5172+0.046%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5166+0.008%$14.4M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5160−0.035%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5180+0.099%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5171+0.040%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.605%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0074% / S −0.0018%1h1.5170+0.034%$800K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5175+0.066%$7.7M$25.5M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5172+0.046%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5165−0.002%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5167+0.013%$548K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5166+0.007%$11K$362K20xas long as short
Nado XRP-PERP+0.0100%1h1.5160−0.031%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5171+0.040%$38.5M$87.4M100xas long as short
Pacifica XRP+0.0100%1h1.5166+0.007%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5172+0.046%$527.4M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5169+0.026%$344.9M$966.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5169+0.026%$126.5M$891.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5159−0.040%$564K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5175+0.066%$143K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5132−0.219%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5169+0.026%$374.9M$161.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5169+0.026%$298.7M$928.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5163−0.013%$107.2M$181.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5168+0.020%$266.6M$399.1M125xas long as short
BingX XRP-USDClong+0.0100%8h1.5165long leg$4.2M
Variational Omni XRP+0.0100%8h1.5143−0.146%$4.6M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5138−0.176%$657K$113.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5148−0.112%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147−0.119%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5171+0.041%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5173+0.053%$51K$488K20xas long as short
Bullet XRP-USD+0.0100%1h1.5171+0.041%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5173+0.053%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5174+0.059%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5171+0.040%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.51650.000%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5174+0.057%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5166+0.007%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5176+0.071%$473K$55K50x
Extended XRP-USD+0.0104%1h1.5165+0.002%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5169+0.024%$58K$25K3xas long as short
Hyperliquid XRP+0.0144%1h1.5176+0.073%$289.6M$264.1M20xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5172+0.045%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5171+0.040%$5.7M$48.6M50xas long as short
Backpack XRP_USDC_PERP+0.0209%1h1.5172+0.046%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5174+0.059%$1.7M$35.5M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5166+0.008%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.51650.000%$23.2M$77.5M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5174+0.063%$518K$790K10xas long as short
Aftermath Perps XRPUSD+0.0584%1h1.5140−0.166%$2K$16K10xas long as short