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: MEXC against Ondo Perps+0.080%7-day average +0.054% · 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+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.080%, 7d avg +0.054%
Together, before fees+0.147%+ Points / potential airdropOndo Perps: Active · farm board+$15 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: MEXC is 0.026% dearer against Ondo Perps than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.49960.0100pay 0.0013% / 1h24m 16s$556K$31K5x
ShortMEXC XRP_USDT1.50080.0100get 0.0100% / 8h2h 24m$278.1M$919.5M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.080% → +0.054%
$2.56
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$2.44
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; MEXC: 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 MEXC live order book, 5 min ago0.33 bp0.3 bp $00.3 bp −$30.9 bp −$926.7 bp −$3,359
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+0.007%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5010+0.095%$14.1M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.4997+0.009%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980−0.107%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5000+0.026%$243K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.761%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4998+0.015%$788K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5005+0.060%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5010+0.096%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5010+0.093%$543K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.4990−0.040%$10K$362K20xas long as short
Nado XRP-PERP+0.0100%1h1.5000+0.030%$953K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5019+0.153%$286.4M$261.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5006+0.068%$38.2M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.5002+0.040%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5010+0.093%$521.5M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5006+0.067%$341.6M$964.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5007+0.073%$124.5M$877.6M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.4996long leg$556K$31K5x
Arcus XRP-USD+0.0100%1h1.5000+0.027%$143K$719K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.206%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.5006+0.067%$368.4M$159.5M100xas long as short
MEXC XRP_USDTshort+0.0100%8h1.5008+0.080%$278.1M$919.5M300x
KuCoin XRPUSDTM+0.0100%8h1.5006+0.069%$104.7M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5004+0.053%$263.5M$397.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5000+0.027%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.4960−0.240%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.4951−0.298%$649K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.031%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.4945−0.340%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5001+0.033%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5003+0.047%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5000+0.027%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5005+0.060%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5004+0.055%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5004+0.056%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5010+0.093%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5007+0.070%$49.0M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5003+0.047%$53.5M$32.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5012+0.104%$468K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5002+0.042%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5005+0.063%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0148%8h1.4999+0.020%$1.7M$35.8M2.9xas long as short
Deribit XRP_USDC-PERPETUAL+0.0150%1h1.5012+0.107%$7.6M$25.6M50xas long as short
Backpack XRP_USDC_PERP+0.0165%1h1.5017+0.140%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5014+0.120%$5.5M$48.2M50xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.4994−0.014%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.4997+0.008%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.4995−0.007%$23.3M$76.3M125xas long as short
RISEx XRP/USDC+0.0305%1h1.4999+0.021%$515K$784K10xas long as short
Aftermath Perps XRPUSD+0.0616%1h1.5002+0.042%$2K$16K10xas long as short