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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Ondo Perps+0.013%7-day average +0.053% · 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+0.065%+$6 on $10k
Price spread, last 4 days (all we have)+0.203%+$20 · spread now +0.013%, 7d avg +0.053%
Together, before fees+0.268%+ Points / potential airdropOndo Perps: Active · farm board+$27 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: Gate is 0.040% cheaper against Ondo Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.51460.0100pay 0.0013% / 1h48m 41s$563K$32K5x
ShortGate XRP_USDT1.51480.0100get 0.0100% / 8h1h 48m$373.3M$158.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Ondo Perps. 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: +0.013% → +0.053%
−$3.98
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$23.98
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 5 min ago. 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 Ondo Perps no order-book sample
Sell Gate live order book, 5 min ago0.99 bp11.3 bp −$1114.6 bp −$14627.9 bp −$2,78839.0 bp −$19.5K
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%1h1.5157+0.073%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5146+0.001%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.158%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149+0.022%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5147+0.008%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.733%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5158+0.079%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0079% / S −0.0026%1h1.5149+0.022%$799K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5151+0.033%$7.7M$25.1M50xas long as short
Lighter XRP+0.0096%1h1.5148+0.011%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5149+0.020%$546K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5138−0.053%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5122−0.159%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5152+0.040%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5151+0.033%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5152+0.041%$528.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5150+0.026%$344.6M$967.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5145−0.007%$127.1M$891.1M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5146long leg$563K$32K5x
Arcus XRP-USD+0.0100%1h1.5147+0.007%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.113%$1.6M$5K20xas long as short
Gate XRP_USDTshort+0.0100%8h1.5148+0.013%$373.3M$158.8M100x
MEXC XRP_USDT+0.0100%8h1.5149+0.020%$299.0M$918.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5154+0.056%$107.3M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5147+0.007%$267.0M$400.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5144−0.013%$106.3Mas long as short
Variational Omni XRP+0.0100%8h1.5130−0.106%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141−0.031%$658K$114.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5141−0.034%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.51460.000%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5154+0.050%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5153+0.046%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5151+0.030%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5149+0.020%$65K$933K50xas long as short
Derive XRP-PERP+0.0100%1h1.5149+0.023%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5153+0.049%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.51460.000%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5146−0.001%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5147+0.007%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5153+0.047%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5142−0.023%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5146−0.001%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0166%1h1.5163+0.112%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0168%1h1.5159+0.086%$289.2M$264.2M20xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5163+0.112%$17K$81K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5154+0.053%$5.7M$48.3M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5146+0.002%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.51460.000%$23.5M$77.9M125xas long as short
Kalshi KXXRPPERP+0.0221%8h1.5153+0.046%$1.7M$35.4M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5147+0.009%$522K$796K10xas long as short
Aftermath Perps XRPUSD+0.0555%1h1.5153+0.044%$2K$16K10xas long as short