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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Ondo Perps against MEXC−0.033%7-day average −0.054% · you buy dearer than you sell
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−0.021%−$2 on $10k
Price spread, last 4 days (all we have)−0.172%−$17 · spread now −0.033%, 7d avg −0.054%
Together, before fees−0.194%+ Points / potential airdropOndo Perps: Active · farm board−$19 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 0.021% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XRP_USDT1.50010.0100pay 0.0100% / 8h2h 24m$277.9M$919.4M300x
ShortOndo Perps XRP-USD.P1.49960.0100get 0.0013% / 1h24m 26s$556K$31K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against MEXC. 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: −0.033% → −0.054%
$2.11
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$2.89
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago0.33 bp0.3 bp $00.5 bp −$55.4 bp −$54525.2 bp −$12.6K
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%1h1.4997−0.027%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5010+0.062%$14.1M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.4997−0.025%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980−0.140%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5000−0.007%$243K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.726%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4998−0.018%$788K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5005+0.027%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5000−0.008%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.50010.000%$543K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.4990−0.073%$10K$362K20xas long as short
Nado XRP-PERP+0.0100%1h1.5000−0.003%$953K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5011+0.067%$285.8M$261.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.4999−0.013%$38.2M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.5002+0.007%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5004+0.022%$521.3M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5006+0.033%$341.6M$964.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5008+0.047%$124.4M$877.6M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.4996−0.033%$556K$31K5x
Arcus XRP-USD+0.0100%1h1.5000−0.007%$143K$719K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.173%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.5000−0.007%$368.1M$159.5M100xas long as short
MEXC XRP_USDTlong+0.0100%8h1.5001long leg$277.9M$919.4M300x
KuCoin XRPUSDTM+0.0100%8h1.5000−0.008%$104.7M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5003+0.013%$263.5M$397.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.4997−0.027%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.4960−0.273%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.4951−0.332%$649K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001−0.002%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.4945−0.373%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.50010.000%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5003+0.013%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5000−0.007%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5005+0.027%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5004+0.022%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5004+0.023%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5010+0.060%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.4990−0.075%$49.0M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4989−0.080%$53.5M$32.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5012+0.071%$468K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5002+0.009%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5005+0.030%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0148%8h1.4991−0.067%$1.6M$35.8M2.9xas long as short
Deribit XRP_USDC-PERPETUAL+0.0150%1h1.5012+0.073%$7.6M$25.6M50xas long as short
Backpack XRP_USDC_PERP+0.0162%1h1.4991−0.067%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5000−0.007%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.4994−0.048%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4997−0.025%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.4995−0.040%$23.3M$76.3M125xas long as short
RISEx XRP/USDC+0.0305%1h1.4999−0.012%$515K$784K10xas long as short
Aftermath Perps XRPUSD+0.0616%1h1.5002+0.009%$2K$16K10xas long as short