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% APRpaid last 24h 0.000%
Price spread now: Ondo Perps against OKX+0.033%7-day average −0.047% · you sell dearer than you buy
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−0.062%−$6 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.033%, 7d avg −0.047%
Together, before fees−0.202%+ Points / potential airdropOndo Perps: Active · farm board−$20 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 0.080% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XRP-USDT-SWAP1.51910.0100pay 0.0100% / 8h55m 41s$128.0M$883.8M100x
ShortOndo Perps XRP-USD.P1.51960.0100get 0.0013% / 1h55m 41s$565K$33K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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% → −0.047%
$7.97
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.03
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago0.33 bp6.1 bp −$67.3 bp −$7314.8 bp −$1,47532.6 bp −$16.3K
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%1h1.51910.000%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5187−0.027%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.191%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5177−0.094%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5180−0.072%$7.8M$24.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.429%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5177−0.090%$14.5M$74.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0095% / S −0.0052%1h1.5178−0.088%$783K200xas long as short
Lighter XRP+0.0096%1h1.5193+0.013%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5192+0.007%$545K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5193+0.013%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5183−0.054%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5202+0.073%$38.6M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.51910.000%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5206+0.097%$532.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5187−0.026%$348.3M$958.5M100xas long as short
OKX XRP-USDT-SWAPlong+0.0100%8h1.5191long leg$128.0M$883.8M100x
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5196+0.033%$565K$33K5x
Arcus XRP-USD+0.0100%1h1.5207+0.105%$145K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195+0.029%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5195+0.026%$379.1M$159.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5186−0.033%$313.7M$916.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5187−0.029%$105.8M$183.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5198+0.046%$268.7M$395.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5197+0.039%$107.8Mas long as short
Variational Omni XRP+0.0100%8h1.5174−0.114%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5183−0.052%$660K$113.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5194+0.023%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.112%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5183−0.052%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5176−0.099%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5182−0.058%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5181−0.066%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.004%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5179−0.076%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5178−0.086%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5181−0.066%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5186−0.033%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5195+0.024%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5191+0.001%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5176−0.096%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0121%1h1.5192+0.007%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0136%1h1.5186−0.034%$17K$79K7xas long as short
01 Exchange XRPUSD+0.0160%1h1.5206+0.099%$9K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5179−0.079%$5.6M$48.2M50xas long as short
Hyperliquid XRP+0.0196%1h1.5204+0.086%$289.5M$267.8M20xas long as short
Kalshi KXXRPPERP+0.0211%8h1.5187−0.026%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5168−0.149%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5192+0.007%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5207+0.103%$529K$806K10xas long as short
Aftermath Perps XRPUSD+0.0691%1h1.5201+0.064%$2K$16K10xas long as short