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+0.0012%/8h= +1.3% APRpaid last 24h +0.044%
Price spread now: Hibachi against Bitget+0.080%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+0.269%+$27 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hibachi is 0.080% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.52070.0100pay 0.0100% / 8h38m 56s$269.0M$392.1M125x
ShortHibachi XRP/USDT-P1.52190.0112get 0.0014% / 1h38m 56s$17K$78K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Bitget. 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
$2.52
Price spread: +0.080% → 0.000%
$8.03
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$10.45
Costs to cover
0.210%
Break-even
36.0 days
Slippage unknown: Bitget: live order book, 5 min ago; 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 Bitget live order book, 5 min ago0.33 bp6.3 bp −$68.6 bp −$8623.2 bp −$2,32536.2 bp −$18.1K
Sell Hibachi no order-book sample
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%1h1.5216+0.059%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5196−0.069%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5206−0.007%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5215+0.053%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.321%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5211+0.024%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5214+0.043%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5215+0.053%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5190−0.112%$17K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5216+0.062%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5210+0.022%$38.6M$87.0M100xas long as short
Pacifica XRP+0.0100%1h1.5201−0.038%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5215+0.053%$533.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5213+0.039%$350.3M$956.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5216+0.059%$128.5M$875.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.112%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5200−0.046%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190−0.112%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5208+0.007%$379.3M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5209+0.013%$314.5M$921.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5209+0.012%$106.6M$184.0M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5207long leg$269.0M$392.1M125x
BingX XRP-USDC+0.0100%8h1.5209+0.013%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.122%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231+0.158%$662K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5233+0.174%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.210%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5218+0.073%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5215+0.053%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5214+0.046%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5212+0.033%$78K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5218+0.074%$819K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5218+0.075%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5210+0.020%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5215+0.051%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5215+0.053%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5198−0.058%$474K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0060%1h1.5211+0.026%$785K200xas long as short
Extended XRP-USD+0.0104%1h1.5204−0.017%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5195−0.079%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5208+0.009%$58K$25K3xas long as short
Hibachi XRP/USDT-Pshort+0.0112%1h1.5219+0.080%$17K$78K7x
Hyperliquid XRP+0.0143%1h1.5219+0.079%$290.3M$267.6M20xas long as short
Backpack XRP_USDC_PERP+0.0160%1h1.5219+0.079%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5214+0.046%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0199%8h1.5214+0.046%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5211+0.027%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.52070.000%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5200−0.047%$522K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5240+0.217%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0636%1h1.5227+0.129%$2K$16K10xas long as short