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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.055%
Price spread now: Hotstuff against Aevo+0.218%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.218% dearer against Aevo than usual: you sell high and buy low (spread +0.218% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.56150.0104pay 0.0013% / 1h38m 13s$73K$40K3x
ShortHotstuff XRP-PERP1.5649−0.0080pay 0.0010% / 1h38m 13s$7K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$38.64
Price spread: +0.218% → 0.000%
$21.77
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$37.87
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Hotstuff: 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 Hotstuff no order-book sample
Aevo and Hotstuff: 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-PERPshort−0.0080%1h1.5649+0.218%$7K$2K20x
dYdX XRP-USD0.0000%1h1.5650+0.222%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5617+0.013%$9.7M$25.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5653+0.244%$262K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−2.081%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5606−0.058%$15.6M$68.0M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5643+0.179%$81K$938K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0134%1h1.5653+0.242%$922K200xas long as short
Lighter XRP+0.0096%1h1.5613−0.012%$3.0M$11.9M20xas long as short
Lighter RH XRP+0.0096%1h1.5614−0.006%$461K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5674+0.381%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5650+0.226%$39.8M$76.5M100xas long as short
Pacifica XRP+0.0100%1h1.5655+0.255%$675K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.56150.000%$563.7M$1.94B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5613−0.013%$351.8M$879.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5612−0.019%$128.0M$872.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5693+0.500%$584K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5671+0.359%$120K$729K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683+0.435%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5657+0.269%$375.9M$137.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5612−0.019%$293.6M$835.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5614−0.007%$114.9M$156.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5608−0.045%$271.3M$357.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5611−0.026%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5690+0.478%$12.0M$29.9Mas long as short
edgeX XRPUSDC+0.0100%4h1.5681+0.421%$681K$99.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5652+0.239%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5674+0.378%$1.0M$879K50xas long as short
Vest XRP-PERP+0.0100%1h1.5660+0.287%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5676+0.391%$47K$444K20xas long as short
Bullet XRP-USD+0.0100%1h1.5653+0.243%$42K$64K20xas long as short
Derive XRP-PERP+0.0100%1h1.5645+0.190%$842K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5668+0.336%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5613−0.013%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5604−0.069%$51.3M$15.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5614−0.006%$55.6M$29.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5673+0.370%$489K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5675+0.384%$13K$249K20xas long as short
Extended XRP-USD+0.0104%1h1.5638+0.145%$2.2M$7.0M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5615long leg$73K$40K3x
Hibachi XRP/USDT-P+0.0120%1h1.5683+0.435%$18K$81K7xas long as short
01 Exchange XRPUSD+0.0160%1h1.5675+0.384%$9K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5661+0.294%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5619+0.026%$5.8M$46.7M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5633+0.115%$24.5M$72.9M125xas long as short
Backpack XRP_USDC_PERP+0.0315%1h1.5625+0.064%$1.8M$972K25xas long as short
Kalshi KXXRPPERP+0.0325%8h1.5650+0.224%$1.9M$32.3M2.9xas long as short
Phoenix XRP+0.0516%1h1.5730+0.736%$70K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5676+0.390%$512K$615K10xas long as short
Hyperliquid XRP+0.0624%1h1.5683+0.435%$292.5M$199.3M20xas long as short
Aftermath Perps XRPUSD+0.0647%1h1.5674+0.376%$1K$11K10xas long as short