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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.088%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.088%, 7d avg −0.044%
Together, before fees+0.034%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.044% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XRPUSDT1.50780.0100pay 0.0100% / 8h2h 35m$266.4M$396.4M125x
ShortHTX XRP-USDT1.50650.0100get 0.0100% / 8h2h 35m$49.2M$15.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: −0.088% → −0.044%
−$4.39
Slippage, 4 orders
−$7.63
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$36.03
Costs to cover
0.316%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 3 min ago.

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, 3 min ago0.33 bp6.9 bp −$78.8 bp −$8819.4 bp −$1,93633.8 bp −$16.9K
Sell HTX live order book, 3 min ago0.03 bp9.6 bp −$1012.4 bp −$12431.2 bp −$3,116105.0 bp −$52.5K

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%1h1.5070−0.053%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5070−0.056%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5069−0.059%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5050−0.186%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5069−0.060%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5068−0.069%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.197%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5067−0.075%$789K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.50780.000%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5071−0.048%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5075−0.020%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5066−0.080%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5075−0.022%$905K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5087+0.060%$289.4M$258.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5077−0.005%$38.4M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5077−0.010%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.50780.000%$530.1M$2.19B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5081+0.020%$342.8M$957.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5082+0.027%$124.6M$892.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.279%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5080+0.013%$136K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057−0.140%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5077−0.007%$371.3M$157.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5077−0.007%$288.8M$911.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5078+0.002%$106.7M$180.4M75xas long as short
Bitget XRPUSDTlong+0.0100%8h1.5078long leg$266.4M$396.4M125x
BingX XRP-USDT+0.0100%8h1.5075−0.020%$105.6Mas long as short
Variational Omni XRP+0.0100%8h1.5067−0.072%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5018−0.400%$653K$111.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5041−0.243%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5016−0.411%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5069−0.059%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.50780.000%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5065−0.085%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5066−0.080%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5064−0.093%$811K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5070−0.050%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5066−0.080%$28K$1.7M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5065−0.088%$49.2M$15.8M75x
Phemex XRPUSDT+0.0100%8h1.5076−0.013%$53.7M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5082+0.023%$470K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5074−0.025%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5063−0.099%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0123%8h1.50780.000%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0172%1h1.5085+0.046%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5076−0.013%$5.6M$48.4M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5065−0.086%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5064−0.090%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5064−0.093%$23.5M$76.1M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5079+0.005%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0605%1h1.5066−0.079%$2K$15K10xas long as short