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 OKX+0.029%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.029%, 7d avg +0.021%
Together, before fees+0.018%+ Points / potential airdropParadex: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XRP-USDT-SWAP1.52180.0100pay 0.0100% / 8h1h 25m$127.6M$886.8M100x
ShortParadex XRP-USD-PERP1.52220.0100get 0.0100% / 8h1h 25m$475K$54K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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: +0.029% → +0.021%
$0.86
Slippage, 4 orders
−$10.19
Fee OKX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$23.32
Costs to cover
0.242%
Break-even
193393633.1 days
Slippage from OKX: live order book, 4 min ago; Paradex: live order book, 19 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 OKX live order book, 4 min ago0.33 bp5.6 bp −$67.9 bp −$7915.8 bp −$1,58131.6 bp −$15.8K
Sell Paradex live order book, 19 min ago4.62 bp6.6 bp −$7146.9 bp −$1,469doesn'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%1h1.5214−0.026%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5221+0.017%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5210−0.053%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5226+0.053%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5232+0.090%$14.4M$74.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.247%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5233+0.099%$7.7M$24.8M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0085% / S −0.0035%1h1.5204−0.090%$802K200xas long as short
Lighter XRP+0.0096%1h1.5218+0.001%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5227+0.059%$547K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5227+0.059%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5232+0.089%$991K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5230+0.079%$38.6M$87.9M100xas long as short
Pacifica XRP+0.0100%1h1.5217−0.005%$619K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5227+0.058%$534.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5220+0.013%$347.0M$963.1M100xas long as short
OKX XRP-USDT-SWAPlong+0.0100%8h1.5218long leg$127.6M$886.8M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5198−0.131%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5239+0.138%$144K$715K20xas long as short
Gate XRP_USDT+0.0100%8h1.5227+0.059%$378.0M$160.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5230+0.079%$304.3M$926.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5235+0.112%$108.0M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5217−0.007%$268.5M$397.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5223+0.033%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5222+0.025%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5198−0.130%$660K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5212−0.040%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5207−0.072%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5235+0.109%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5240+0.145%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5226+0.053%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5221+0.020%$65K$773K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.457%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5225+0.047%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.52180.000%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5229+0.074%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5226+0.053%$54.5M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5157−0.401%$1.6M$5K20xas long as short
Paradex XRP-USD-PERPshort+0.0100%8h1.5222+0.029%$475K$54K50x
Extended XRP-USD+0.0104%1h1.5228+0.065%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5217−0.007%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5242+0.158%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0144%1h1.5226+0.053%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5234+0.105%$5.7M$48.4M50xas long as short
Backpack XRP_USDC_PERP+0.0187%1h1.5241+0.151%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0201%1h1.5248+0.197%$289.9M$265.1M20xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5228+0.066%$1.8M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5228+0.067%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5205−0.085%$23.7M$78.1M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5235+0.110%$532K$800K10xas long as short
Aftermath Perps XRPUSD+0.0616%1h1.5192−0.169%$2K$16K10xas long as short