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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.033%
Price spread now: Hibachi against Aevo+0.004%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.53640.0104pay 0.0013% / 1h22m 55s$72K$40K3x
ShortHibachi XRP/USDT-P1.53640.0264get 0.0033% / 1h22m 55s$17K$82K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Aevo. 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
$33.6
Price spread: +0.004% → 0.000%
$0.4
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$9
Costs to cover
0.250%
Break-even
5.1 days
Slippage unknown: Aevo: no order-book sample; Hibachi: 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 Aevo no order-book sample
Sell Hibachi no order-book sample
Aevo and Hibachi: 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%1h1.5361−0.018%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5364+0.003%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5380+0.106%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5361−0.016%$266K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0097%1h1.5360−0.025%$830K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5367+0.021%$9.4M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5365+0.005%$15.0M$69.6M50xas long as short
Orderly PERP_XRP_USDC+0.0058%8h1.5367+0.021%$75K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.277%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5367+0.020%$2.9M$13.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5369+0.034%$438K$3.2M20xas long as short
Nado XRP-PERP+0.0100%1h1.5356−0.052%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5365+0.006%$39.1M$81.4M100xas long as short
Pacifica XRP+0.0100%1h1.5363−0.005%$632K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5365+0.006%$547.1M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5363−0.005%$341.7M$924.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5356−0.051%$125.3M$880.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5345−0.122%$573K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5364+0.001%$117K$758K20xas long as short
Bulk XRP-USD+0.0100%1h1.5410+0.301%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5362−0.012%$361.3M$147.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5365+0.008%$293.1M$885.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5363−0.004%$110.2M$165.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5365+0.008%$267.5M$374.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5362−0.012%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5385+0.136%$11.4M$30.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5367+0.021%$667K$104.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5403+0.254%$1.1M$40.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5357−0.044%$1.0M$900K50xas long as short
Vest XRP-PERP+0.0100%1h1.5363−0.007%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5365+0.008%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5364+0.002%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5366+0.015%$827K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5369+0.033%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5365+0.008%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5366+0.017%$50.4M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5366+0.014%$54.7M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5362−0.012%$479K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5363−0.005%$12K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5362−0.013%$2.1M$7.1M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5364long leg$72K$40K3x
01 Exchange XRPUSD+0.0168%1h1.5363−0.005%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5363−0.002%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5367+0.021%$24.3M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5372+0.053%$5.8M$47.2M50xas long as short
Backpack XRP_USDC_PERP+0.0257%1h1.5372+0.053%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-Pshort+0.0264%1h1.5364+0.004%$17K$82K7x
Kalshi KXXRPPERP+0.0306%8h1.5370+0.040%$2.0M$34.4M2.9xas long as short
Hyperliquid XRP+0.0589%1h1.5381+0.112%$292.6M$212.5M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5370+0.042%$500K$637K10xas long as short
Aftermath Perps XRPUSD+0.0787%1h1.5398+0.220%$1K$11K10xas long as short