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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h −0.024%
Price spread now: Hotstuff against dYdX+0.004%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 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.51510get 0.0000% / 1h35m 12s$1.1M$148K10x
ShortHotstuff XRP-PERP1.5152−0.0080pay 0.0010% / 1h35m 12s$5K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$16.8
Price spread: +0.004% → 0.000%
$0.38
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$31.42
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 4 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 dYdX live order book, 4 min ago15.19 bp20.5 bp −$2122.0 bp −$22047.3 bp −$4,731175.2 bp −$87.6K
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 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-PERPshort−0.0080%1h1.5152+0.004%$5K$3K20x
dYdX XRP-USDlong0.0000%1h1.5151long leg$1.1M$148K10x
Phoenix XRP0.0000%1h1.5170+0.123%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5145−0.040%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5149−0.016%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.697%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5153+0.010%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0083% / S −0.0031%1h1.5148−0.024%$799K200xas long as short
01 Exchange XRPUSD+0.0088%1h1.5154+0.017%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5150−0.007%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5150−0.009%$544K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5145−0.042%$12K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5151−0.006%$982K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5147−0.028%$38.5M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5149−0.014%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5150−0.009%$530.9M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5147−0.029%$345.4M$962.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5149−0.016%$127.2M$882.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151−0.003%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5155+0.024%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145−0.042%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5149−0.016%$376.0M$160.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5151−0.003%$299.7M$922.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5150−0.012%$107.2M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5149−0.016%$267.2M$397.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5145−0.042%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5146−0.037%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160+0.056%$660K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5158+0.043%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5169+0.116%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5152+0.003%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5150−0.009%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5147−0.029%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5148−0.023%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.020%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5150−0.010%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148−0.023%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5146−0.034%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5148−0.023%$54.2M$32.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5156+0.030%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5143−0.056%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5146−0.035%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5144−0.051%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0166%1h1.5158+0.043%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0173%1h1.5162+0.070%$288.2M$264.6M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5152+0.004%$5.7M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0208%8h1.5158+0.043%$1.8M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5145−0.040%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5147−0.029%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0316%1h1.51510.000%$524K$798K10xas long as short
Aftermath Perps XRPUSD+0.0593%1h1.5154+0.017%$2K$16K10xas long as short