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+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.074%
Price spread now: Hibachi against dYdX+0.034%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+0.425%+$43 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 +$3 a day on $10k at the current rate, and Hibachi is 0.034% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.51850get 0.0000% / 1h8m 07s$1.1M$148K10x
ShortHibachi XRP/USDT-P1.51900.0088get 0.0011% / 1h8m 07s$17K$78K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against dYdX. 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
$18.48
Price spread: +0.034% → 0.000%
$3.42
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$2.9
Costs to cover
0.190%
Break-even
5.9 days
Slippage unknown: dYdX: live order book, 1 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 dYdX live order book, 1 min ago19.76 bp24.8 bp −$2524.8 bp −$24871.9 bp −$7,188114.0 bp −$57.0K
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%1h1.5189+0.025%$5K$3K20xas long as short
dYdX XRP-USDlong0.0000%1h1.5185long leg$1.1M$148K10x
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5183−0.014%$7.7M$24.0M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5185−0.001%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.468%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5176−0.061%$14.5M$73.6M50xas long as short
Hibachi XRP/USDT-Pshort+0.0088%1h1.5190+0.034%$17K$78K7x
Lighter XRP+0.0096%1h1.5177−0.054%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5180−0.034%$605K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5180−0.034%$20K$382K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5179−0.039%$999K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5174−0.074%$38.5M$86.1M100xas long as short
Pacifica XRP+0.0100%1h1.5191+0.041%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5173−0.080%$529.5M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5172−0.087%$349.7M$948.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5173−0.080%$127.3M$862.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5172−0.087%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5193+0.052%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5189+0.025%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5178−0.047%$378.0M$162.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5179−0.041%$309.7M$929.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5176−0.060%$106.7M$183.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5174−0.074%$268.7M$388.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5179−0.041%$107.8Mas long as short
Variational Omni XRP+0.0100%8h1.5163−0.149%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5164−0.141%$660K$113.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5172−0.087%$1.1M$34.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5168−0.113%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5188+0.020%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5186+0.005%$52K$514K20xas long as short
Bullet XRP-USD+0.0100%1h1.5186+0.003%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5186+0.005%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5185−0.004%$817K$77K10xas long as short
SunX XRP-USDT+0.0100%8h1.5190+0.034%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5179−0.041%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5189+0.024%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5178−0.047%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5196+0.069%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5172−0.089%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5190+0.032%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5182−0.019%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0109% / S −0.0071%1h1.5185−0.002%$784K200xas long as short
Hyperliquid XRP+0.0143%1h1.5192+0.045%$290.0M$268.1M20xas long as short
Kalshi KXXRPPERP+0.0165%8h1.5189+0.025%$1.8M$33.7M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5185−0.001%$5.6M$48.0M50xas long as short
Backpack XRP_USDC_PERP+0.0180%1h1.5188+0.019%$2.0M$1.4M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5184−0.008%$23.6M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5180−0.035%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5191+0.036%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5170−0.100%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0580%1h1.5179−0.039%$2K$16K10xas long as short