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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.088%
Price spread now: Hyperliquid against Aevo+0.162%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 7 days+0.114%+$11 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.162% dearer against Aevo than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.51870.0104pay 0.0013% / 1h53m 08s$58K$25K3x
ShortHyperliquid XRP1.52120.0188get 0.0023% / 1h53m 08s$289.7M$267.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$17.56
Price spread: +0.162% → 0.000%
$16.16
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$8.72
Costs to cover
0.250%
Break-even
3.5 days
Slippage unknown: Aevo: no order-book sample; Hyperliquid: live order book, 11 min ago. 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 Hyperliquid live order book, 11 min ago0.33 bp4.8 bp −$55.6 bp −$5610.2 bp −$1,020doesn't fit
Aevo: 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%1h1.5222+0.227%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5203+0.102%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5191+0.022%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5195+0.050%$7.8M$24.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.453%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5193+0.040%$14.5M$74.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0096% / S −0.0053%1h1.5190+0.014%$784K200xas long as short
Lighter XRP+0.0096%1h1.5199+0.073%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5200+0.083%$545K$3.1M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5194+0.043%$10K$370K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5199+0.079%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5201+0.087%$38.6M$87.4M100xas long as short
Pacifica XRP+0.0100%1h1.5201+0.089%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5200+0.083%$532.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5198+0.069%$348.9M$958.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5204+0.109%$127.7M$883.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5214+0.175%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5207+0.129%$145K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195+0.052%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5197+0.063%$378.9M$159.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5197+0.063%$312.8M$917.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5196+0.057%$106.1M$183.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5199+0.076%$268.7M$394.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5204+0.109%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5174−0.091%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5183−0.028%$660K$113.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5223+0.236%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181−0.043%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5207+0.130%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5204+0.109%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5191+0.026%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5189+0.010%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5189+0.013%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5206+0.120%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5192+0.030%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5200+0.085%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5199+0.076%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5209+0.143%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5181−0.039%$2.1M$6.9M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5187long leg$58K$25K3x
Hibachi XRP/USDT-P+0.0136%1h1.5229+0.273%$17K$79K7xas long as short
01 Exchange XRPUSD+0.0152%1h1.5205+0.115%$9K$2K10xas long as short
Backpack XRP_USDC_PERP+0.0166%1h1.5208+0.135%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5195+0.050%$5.6M$48.1M50xas long as short
Hyperliquid XRPshort+0.0188%1h1.5212+0.162%$289.7M$267.4M20x
Kalshi KXXRPPERP+0.0214%8h1.5207+0.129%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5191+0.023%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5197+0.063%$23.8M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5203+0.099%$529K$806K10xas long as short
Phoenix XRP+0.0526%1h1.5180−0.049%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0667%1h1.5204+0.107%$2K$16K10xas long as short