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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Ondo Perps against SunX−0.054%7-day average −0.065% · you buy dearer than you sell
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−0.133%−$13 on $10k
Price spread, last 4 days (all we have)+0.375%+$37 · spread now −0.054%, 7d avg −0.065%
Together, before fees+0.241%+ Points / potential airdropOndo Perps: Active · farm board+$24 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XRP-USDT1.53290.0100pay 0.0100% / 8h5h 47m$128K$1.5M30x
ShortOndo Perps XRP-USD.P1.53210.0100get 0.0013% / 1h47m 48s$563K$37K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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: −0.054% → −0.065%
$1.11
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$11.89
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 11 min ago; Ondo Perps: no order-book sample. 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 SunX live order book, 11 min ago16.64 bp21.3 bp −$2124.7 bp −$247doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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 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%1h1.5403+0.481%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5328−0.006%$14.0M$70.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5329−0.004%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5340+0.070%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5330+0.005%$7.8M$21.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5321−0.053%$245K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.5323−0.041%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.505%$2K$107K30xas long as short
SoDEX XRP-USD+0.0056%1h1.5327−0.015%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5330+0.002%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5335+0.037%$599K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5328−0.011%$478K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5321−0.054%$10K$402K20xas long as short
Nado XRP-PERP+0.0100%1h1.5314−0.100%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5341+0.076%$298.8M$266.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5330+0.005%$39.3M$81.5M100xas long as short
Pacifica XRP+0.0100%1h1.5329−0.001%$592K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5329−0.003%$534.3M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5331+0.011%$361.6M$888.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5327−0.015%$124.8M$836.7M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5321−0.054%$563K$37K5x
Arcus XRP-USD+0.0100%1h1.5329−0.002%$165K$681K20xas long as short
Bulk XRP-USD+0.0100%1h1.5379+0.324%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5332+0.018%$382.0M$156.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5331+0.011%$313.6M$889.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5331+0.012%$105.9M$181.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5330+0.005%$271.9M$357.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5325−0.028%$4.2Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5335+0.037%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5325−0.031%$5.0M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5326−0.019%$666K$109.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5340+0.072%$1.1M$30.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5341+0.076%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5325−0.029%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5322−0.048%$52K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5320−0.060%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5325−0.028%$83K$613K50xas long as short
SunX XRP-USDTlong+0.0100%8h1.5329long leg$128K$1.5M30x
HTX XRP-USDT+0.0100%8h1.5321−0.052%$49.9M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5327−0.015%$54.6M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5326−0.022%$2.2M$6.1M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5335+0.040%$17K$76K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5320−0.059%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5330+0.005%$5.4M$44.1M50xas long as short
Kalshi KXXRPPERP+0.0137%8h1.5333+0.024%$1.9M$35.1M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0208% / S −0.0573%1h1.5322−0.046%$804K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5333+0.024%$23.9M$78.3M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5323−0.041%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5328−0.006%$515K$736K10xas long as short
Aftermath Perps XRPUSD+0.0436%1h1.5351+0.140%$3K$13K10xas long as short