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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against KuCoin+0.062%7-day average +0.003% · 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−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.062%, 7d avg +0.003%
Together, before fees−0.050%+ Points / potential airdropParadex: Active · farm board−$5 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 0.058% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XRPUSDTM1.54260.0100pay 0.0100% / 8h3h 22m$107.0M$184.0M75x
ShortParadex XRP-USD-PERP1.54360.0100get 0.0100% / 8h3h 22m$481K$25K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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
−$0.09
Price spread: +0.062% → +0.003%
$5.83
Slippage, 4 orders
−$16.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$26.3
Costs to cover
0.320%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; Paradex: live order book, 15 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 KuCoin live order book, 10 min ago0.03 bp9.8 bp −$1011.9 bp −$11932.1 bp −$3,206doesn't fit
Sell Paradex live order book, 15 min ago4.23 bp6.2 bp −$6163.6 bp −$1,636doesn't fitdoesn't fit

XRP on 50 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XRP-USD0.0000%1h1.5442+0.103%$1.1M$154K10xas long as short
Kalshi KXXRPPERP0.0000%8h1.5397−0.191%$1.7M$36.8M2.9xas long as short
Phoenix XRP0.0000%1h1.5440+0.088%$72K$106K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5383−0.281%$7.8M$19.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5382−0.288%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0023%1h1.5378−0.317%$14.0M$68.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.866%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0048%1h1.5434+0.049%$9K$1K10xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5401−0.164%$17K$67K7xas long as short
Coinbase International XRP-PERP-INTX+0.0088%1h1.5388−0.249%$5.5M$40.6M50xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5439+0.084%$2.9M$13.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5444+0.114%$573K$3.1M20xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5436+0.062%$481K$25K50x
Orderly PERP_XRP_USDC+0.0100%8h1.5379−0.307%$83K$570K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5421−0.035%$12K$464K20xas long as short
Nado XRP-PERP+0.0100%1h1.5383−0.278%$843K$5.8M20xas long as short
Hyperliquid XRP+0.0100%1h1.5406−0.132%$300.0M$259.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5388−0.251%$38.9M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5442+0.102%$619K$958K20xas long as short
Binance XRPUSDT+0.0100%8h1.5380−0.301%$538.8M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5381−0.294%$362.6M$845.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5377−0.320%$125.9M$825.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5419−0.048%$568K$50K5xas long as short
Arcus XRP-USD+0.0100%1h1.5431+0.030%$157K$595K20xas long as short
Bulk XRP-USD+0.0100%1h1.5390−0.236%$1.6M$58K20xas long as short
Gate XRP_USDT+0.0100%8h1.5388−0.249%$375.0M$159.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5389−0.242%$317.5M$883.5M300xas long as short
KuCoin XRPUSDTMlong+0.0100%8h1.5426long leg$107.0M$184.0M75x
Bitget XRPUSDT+0.0100%8h1.5377−0.320%$271.4M$342.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5375−0.333%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5428+0.012%$5.9M$36.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5410−0.105%$707K$103.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5402−0.160%$1.1M$33.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5442+0.101%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5424−0.016%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5429+0.017%$51K$468K20xas long as short
Bullet XRP-USD+0.0100%1h1.5391−0.227%$41K$64K20xas long as short
Derive XRP-PERP+0.0100%1h1.5377−0.318%$827K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5384−0.277%$129K$1.4M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5379−0.307%$30K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5376−0.329%$50.0M$12.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5381−0.294%$55.0M$33.5M50xas long as short
Extended XRP-USD+0.0104%1h1.5375−0.335%$2.2M$5.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5376−0.327%$59K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0160%1h1.5446+0.127%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5425−0.009%$23.9M$77.9M125xas long as short
Reya XRPRUSDPERP+0.0225%1h1.5418−0.056%$1.4M$2K15xas long as short
GMX XRP/USD [ETH-USDC]L +0.0287% / S −0.0241%1h1.5391−0.230%$1.2M200xas long as short
RISEx XRP/USDC+0.0311%1h1.5433+0.043%$510K$702K10xas long as short
Aftermath Perps XRPUSD+0.0334%1h1.5408−0.117%$3K$14K10xas long as short