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 HTX+0.057%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.308% 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)+0.275%+$27 · spread now +0.057%, 7d avg +0.056%
Together, before fees+0.274%+ Points / potential airdropParadex: Active · farm board+$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.51390.0100pay 0.0100% / 8h4h 38m$49.5M$15.7M75x
ShortParadex XRP-USD-PERP1.51480.0100get 0.0100% / 8h4h 38m$472K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against HTX. 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: +0.057% → +0.056%
$0.09
Slippage, 4 orders
−$14.81
Fee HTX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$30.72
Costs to cover
0.308%
Break-even
5381736.7 days
Slippage from HTX: live order book, 5 min ago; Paradex: live order book, 20 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 HTX live order book, 5 min ago1.49 bp10.0 bp −$1013.1 bp −$13135.6 bp −$3,557130.6 bp −$65.3K
Sell Paradex live order book, 20 min ago4.61 bp6.6 bp −$7158.0 bp −$1,580doesn'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%1h1.5162+0.150%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5137−0.013%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5146+0.044%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.071%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5141+0.011%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149+0.065%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.779%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0040% / S +0.0030%1h1.5150+0.071%$788K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5153+0.090%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0080%8h1.5141+0.011%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5150+0.071%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5149+0.064%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5142+0.018%$10K$321K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147+0.048%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5157+0.117%$281.4M$225.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5147+0.051%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5149+0.066%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5145+0.039%$533.6M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5146+0.044%$344.6M$931.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5147+0.051%$125.9M$874.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175+0.236%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5107−0.213%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146+0.043%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5146+0.044%$369.8M$153.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5148+0.057%$289.5M$897.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5144+0.031%$107.9M$173.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5153+0.090%$267.7M$384.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5149+0.064%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5148+0.055%$5.4M$37.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151+0.078%$658K$108.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180+0.269%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5149+0.064%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5157+0.117%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5154+0.097%$43K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5151+0.078%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5140+0.004%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5147+0.054%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5139−0.002%$29K$1.7M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5139long leg$49.5M$15.7M75x
Phemex XRPUSDT+0.0100%8h1.5142+0.018%$54.0M$30.6M50xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5148+0.057%$472K$55K50x
Extended XRP-USD+0.0104%1h1.5144+0.029%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5137−0.013%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5172+0.215%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0163%1h1.5151+0.077%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5147+0.051%$5.6M$47.1M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5151+0.078%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5141+0.011%$24.1M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0316%8h1.5164+0.163%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5152+0.084%$516K$779K10xas long as short
Aftermath Perps XRPUSD+0.0665%1h1.5155+0.104%$2K$15K10xas long as short