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 Bitget+0.029%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.266% 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)−0.023%−$2 · spread now +0.029%, 7d avg +0.014%
Together, before fees−0.024%+ Points / potential airdropParadex: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.51900.0100pay 0.0100% / 8h37m 40s$268.7M$390.8M125x
ShortParadex XRP-USD-PERP1.51940.0100get 0.0100% / 8h37m 40s$474K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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: +0.029% → +0.014%
$1.51
Slippage, 4 orders
−$10.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$25.1
Costs to cover
0.266%
Break-even
165774.8 days
Slippage from Bitget: live order book, 1 min ago; Paradex: live order book, 1 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 Bitget live order book, 1 min ago0.33 bp6.4 bp −$69.2 bp −$9221.9 bp −$2,18542.7 bp −$21.4K
Sell Paradex live order book, 1 min ago4.93 bp6.9 bp −$7152.6 bp −$1,526doesn'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%1h1.51900.000%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5182−0.056%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5197+0.046%$7.8M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5192+0.013%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.436%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5189−0.007%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5189−0.003%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5191+0.007%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5172−0.118%$17K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5191+0.008%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5188−0.013%$38.4M$86.8M100xas long as short
Pacifica XRP+0.0100%1h1.5190−0.001%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5187−0.020%$532.0M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5186−0.026%$349.7M$955.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5191+0.007%$128.3M$869.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.224%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5187−0.020%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.51900.000%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5192+0.013%$378.7M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5187−0.020%$314.9M$921.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5183−0.043%$106.4M$183.9M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5190long leg$268.7M$390.8M125x
BingX XRP-USDC+0.0100%8h1.5187−0.020%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.234%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231+0.270%$662K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5233+0.286%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.323%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5202+0.078%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5196+0.039%$51K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192+0.014%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5193+0.020%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5195+0.036%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5196+0.042%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189−0.007%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5197+0.047%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5191+0.007%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5194+0.029%$474K$55K50x
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0060%1h1.5192+0.013%$784K200xas long as short
Extended XRP-USD+0.0104%1h1.5187−0.023%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5175−0.099%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5191+0.003%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5216+0.173%$17K$78K7xas long as short
Hyperliquid XRP+0.0136%1h1.5193+0.020%$289.8M$267.6M20xas long as short
Backpack XRP_USDC_PERP+0.0157%1h1.5198+0.053%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5195+0.033%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0195%8h1.5202+0.079%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5189−0.006%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207+0.112%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5183−0.044%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5240+0.329%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0643%1h1.5224+0.221%$2K$16K10xas long as short