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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Paradex+0.079%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.079%, 7d avg −0.003%
Together, before fees−0.084%+ Points / potential airdropParadex: Active · farm board−$8 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: KuCoin is 0.083% dearer against Paradex than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XRP-USD-PERP1.53820.0099pay 0.0099% / 8h6h 14m$480K$51K50x
ShortKuCoin XRPUSDTM1.53940.0100get 0.0100% / 8h6h 14m$107.0M$182.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0.13
Price spread: +0.079% → −0.003%
$8.28
Slippage, 4 orders
−$18.73
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$26.32
Costs to cover
0.347%
Break-even
1456.0 days
Slippage from Paradex: live order book, 37 min ago; KuCoin: live order book, 2 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, 37 min ago6.52 bp8.5 bp −$9140.9 bp −$1,409doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago0.42 bp11.2 bp −$1125.5 bp −$255doesn't fitdoesn't fit

XRP on 50 exchanges

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%1h1.5377−0.034%$5K$4K20xas long as short
dYdX XRP-USD0.0000%1h1.5379−0.020%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5398+0.103%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5384+0.009%$250K150xas long as short
Kraken Futures PF_XRPUSD+0.0015%1h1.5391+0.058%$14.2M$72.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.156%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0048%1h1.5398+0.103%$9K$2K10xas long as short
Lighter XRP+0.0096%1h1.5395+0.081%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5400+0.116%$606K$3.1M20xas long as short
Paradex XRP-USD-PERPlong+0.0099%8h1.5382long leg$480K$51K50x
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5390+0.051%$10K$396K20xas long as short
Nado XRP-PERP+0.0100%1h1.5393+0.067%$1.0M$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5404+0.139%$39.6M$82.2M100xas long as short
Pacifica XRP+0.0100%1h1.5383+0.004%$590K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5404+0.142%$537.2M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5400+0.116%$363.6M$899.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5397+0.096%$124.8M$846.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5340−0.274%$563K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5400+0.116%$165K$692K20xas long as short
Bulk XRP-USD+0.0100%1h1.5353−0.192%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5396+0.090%$380.4M$160.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5393+0.070%$315.2M$917.7M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5394+0.079%$107.0M$182.1M75x
Bitget XRPUSDT+0.0100%8h1.5399+0.109%$272.7M$359.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5394+0.077%$103.9Mas long as short
Variational Omni XRP+0.0100%8h1.5377−0.032%$5.1M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5350−0.206%$667K$111.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5372−0.063%$1.1M$31.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5360−0.144%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5393+0.068%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5399+0.109%$53K$479K20xas long as short
Bullet XRP-USD+0.0100%1h1.5397+0.094%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5397+0.096%$68K$600K50xas long as short
SunX XRP-USDT+0.0100%8h1.5382−0.003%$129K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5390+0.051%$31K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5372−0.070%$50.1M$14.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5396+0.090%$54.9M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5394+0.075%$2.1M$5.8M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5386+0.024%$17K$76K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5389+0.045%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0120%1h1.5400+0.116%$5.5M$45.7M50xas long as short
Hyperliquid XRP+0.0130%1h1.5408+0.168%$299.4M$268.6M20xas long as short
Kalshi KXXRPPERP+0.0152%8h1.5397+0.096%$1.9M$34.3M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0155% / S −0.0126%1h1.5382+0.001%$801K200xas long as short
Backpack XRP_USDC_PERP+0.0199%1h1.5406+0.155%$2.0M$1.3M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5391+0.057%$23.9M$79.2M125xas long as short
Reya XRPRUSDPERP+0.0222%1h1.5393+0.073%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0272%1h1.5398+0.106%$514K$786K10xas long as short
Aftermath Perps XRPUSD+0.0465%1h1.5381−0.008%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5350−0.209%$69K$109K15xas long as short