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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0300%/8h= −32.9% APRpaid last 24h −0.090%
Price spread now: Hotstuff against BloFin−0.240%7-day average · you buy dearer than you sell
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 4 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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Hotstuff is 0.240% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.53880.0220pay 0.0220% / 8h7h 11m$23.8M$78.2M125x
ShortHotstuff XRP-PERP1.5351−0.0080pay 0.0010% / 1h11m 13s$5K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against BloFin. 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
−$63
Price spread: −0.240% → 0.000%
−$24.04
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$104.04
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; 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 BloFin live order book, 3 min ago0.98 bp7.0 bp −$77.6 bp −$7613.3 bp −$1,33522.8 bp −$11.4K
Sell Hotstuff no order-book sample
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 50 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
Kraken Futures PF_XRPUSD−0.0169%1h1.5397+0.056%$14.0M$75.1M50xas long as short
Hotstuff XRP-PERPshort−0.0080%1h1.5351−0.240%$5K$3K20x
Phoenix XRP0.0000%1h1.5350−0.247%$69K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5389+0.005%$250K150xas long as short
dYdX XRP-USD+0.0006%1h1.5377−0.072%$1.1M$123K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5399+0.071%$7.9M$22.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.118%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5370−0.118%$17K$78K7xas long as short
01 Exchange XRPUSD+0.0080%1h1.5380−0.052%$9K$2K10xas long as short
Lighter XRP+0.0096%1h1.5394+0.042%$2.8M$14.7M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5401+0.084%$624K$3.1M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5372−0.104%$20K$378K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5385−0.017%$480K$52K50xas long as short
Nado XRP-PERP+0.0100%1h1.5379−0.055%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5394+0.042%$39.1M$82.6M100xas long as short
Pacifica XRP+0.0100%1h1.5382−0.038%$619K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5395+0.045%$536.9M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.53880.000%$357.4M$907.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5389+0.006%$126.6M$842.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5373−0.097%$564K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5385−0.019%$161K$702K20xas long as short
Bulk XRP-USD+0.0100%1h1.5316−0.469%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5381−0.045%$379.2M$157.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5381−0.045%$319.1M$931.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5382−0.040%$108.7M$180.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5393+0.032%$273.3M$361.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.53880.000%$106.6Mas long as short
Variational Omni XRP+0.0100%8h1.5344−0.284%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5339−0.319%$666K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5356−0.206%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5347−0.266%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5382−0.040%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5383−0.032%$53K$502K20xas long as short
Bullet XRP-USD+0.0100%1h1.5384−0.025%$41K$66K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5389+0.006%$78K$646K50xas long as short
SunX XRP-USDT+0.0100%8h1.5398+0.066%$129K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5393+0.032%$31K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5386−0.016%$50.1M$14.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5392+0.026%$54.6M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5377−0.073%$2.1M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5393+0.030%$59K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0134% / S −0.0096%1h1.5370−0.120%$789K200xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5396+0.052%$5.3M$46.6M50xas long as short
Kalshi KXXRPPERP+0.0173%8h1.5385−0.019%$1.7M$32.7M2.9xas long as short
Hyperliquid XRP+0.0180%1h1.5396+0.052%$295.0M$265.9M20xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5388long leg$23.8M$78.2M125x
Reya XRPRUSDPERP+0.0221%1h1.5391+0.020%$1.4M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0227%1h1.5387−0.006%$2.0M$1.3M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5383−0.035%$526K$783K10xas long as short
Aftermath Perps XRPUSD+0.0515%1h1.5335−0.345%$3K$15K10xas long as short