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: Binance against Paradex−0.077%58s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.077%, 7d avg −0.013%
Together, before fees+0.038%+ Points / potential airdropParadex: Active · farm board+$4 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: Binance is 0.064% cheaper against Paradex than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.51780.0100pay 0.0100% / 8h1h 28m$473K$54K50x
ShortBinance XRPUSDT1.51670.0100get 0.0100% / 8h1h 28m$531.7M$2.22B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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: −0.077% → −0.013%
−$6.37
Slippage, 4 orders
−$10.37
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$30.74
Costs to cover
0.244%
Break-even
never at this rate
Slippage from Paradex: live order book, 15 min ago; Binance: live order book, 15 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 Paradex live order book, 15 min ago4.62 bp6.6 bp −$7153.1 bp −$1,531doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.33 bp5.3 bp −$56.1 bp −$6110.2 bp −$1,01725.3 bp −$12.6K

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%1h1.5171−0.047%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5159−0.125%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170−0.054%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158−0.130%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5162−0.107%$7.7M$24.8M50xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5161−0.114%$14.4M$74.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.516%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0084% / S −0.0033%1h1.5161−0.116%$800K200xas long as short
Lighter XRP+0.0096%1h1.5168−0.064%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5170−0.054%$545K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5164−0.093%$10K$371K20xas long as short
Nado XRP-PERP+0.0100%1h1.5171−0.044%$979K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5169−0.063%$38.5M$87.7M100xas long as short
Pacifica XRP+0.0100%1h1.5171−0.047%$617K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5167−0.077%$531.7M$2.22B100x
Bybit XRPUSDT+0.0100%8h1.5160−0.120%$345.8M$961.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5160−0.120%$127.3M$882.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5147−0.205%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5180+0.012%$143K$714K20xas long as short
Gate XRP_USDT+0.0100%8h1.5165−0.087%$376.3M$160.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5165−0.087%$302.5M$924.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5165−0.088%$107.5M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5162−0.107%$267.5M$396.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5165−0.087%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5158−0.134%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5157−0.141%$658K$113.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5162−0.107%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5164−0.093%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5167−0.071%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5167−0.074%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5162−0.107%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5164−0.093%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.196%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5176−0.014%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5162−0.107%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5164−0.091%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5163−0.100%$54.3M$32.4M50xas long as short
Bulk XRP-USD+0.0100%1h1.5157−0.140%$1.6M$5K20xas long as short
Paradex XRP-USD-PERPlong+0.0100%8h1.5178long leg$473K$54K50x
Extended XRP-USD+0.0104%1h1.5161−0.114%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5174−0.028%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5160−0.118%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5161−0.111%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0175%1h1.5169−0.061%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5163−0.100%$5.7M$48.1M50xas long as short
Hyperliquid XRP+0.0187%1h1.5175−0.021%$288.6M$264.8M20xas long as short
Kalshi KXXRPPERP+0.0208%8h1.5175−0.021%$1.8M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5156−0.144%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5164−0.093%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5164−0.092%$526K$799K10xas long as short
Aftermath Perps XRPUSD+0.0603%1h1.5166−0.079%$2K$16K10xas long as short