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% APRpaid last 24h +0.021%
Price spread now: HTX against edgeX+0.358%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs+$9as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 4 days (all we have)−0.386%−$39 · spread now +0.358%, 7d avg −0.026%
Together, before fees−0.204%+ Points / potential airdropedgeX: Active · farm board−$20 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 0.384% dearer against edgeX than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.51150.0100pay 0.0050% / 4h19m 11s$657K$113.6M30x
ShortHTX XRP-USDT1.51690.0100get 0.0100% / 8h19m 11s$49.5M$15.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against edgeX. 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: +0.358% → −0.026%
$38.44
Slippage, 4 orders
−$8.75
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
$8.69
Costs to cover
0.297%
Break-even
from the start
Slippage from edgeX: live order book, 5 min ago; HTX: live order book, 5 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 edgeX live order book, 5 min ago0.99 bp5.5 bp −$55.7 bp −$578.8 bp −$882doesn't fit
Sell HTX live order book, 5 min ago0.50 bp9.2 bp −$910.2 bp −$10227.1 bp −$2,708doesn't fit

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%1h1.5152+0.243%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5162+0.308%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5179+0.424%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5186+0.468%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.942%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5183+0.448%$14.6M$73.8M50xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5137+0.142%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5183+0.448%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5185+0.461%$605K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5173+0.382%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5172+0.379%$999K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5183+0.448%$38.6M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5169+0.353%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5183+0.449%$529.7M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5179+0.422%$349.7M$954.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5180+0.428%$127.2M$867.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5139+0.157%$563K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5182+0.441%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.415%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5179+0.422%$376.2M$162.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5181+0.435%$307.5M$927.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5178+0.418%$106.7M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5180+0.428%$268.9M$389.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5169+0.355%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5131+0.103%$4.8M$38.8Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5115long leg$657K$113.6M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5140+0.163%$1.1M$34.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5118+0.018%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5175+0.398%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5181+0.435%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5181+0.435%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5181+0.435%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5138+0.148%$814K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5185+0.464%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5182+0.441%$29K$1.6M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5169+0.358%$49.5M$15.4M75x
Phemex XRPUSDT+0.0100%8h1.5177+0.408%$54.1M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5172+0.377%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5176+0.399%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5184+0.455%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5182+0.438%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0105% / S −0.0067%1h1.5155+0.262%$773K200xas long as short
Hyperliquid XRP+0.0141%1h1.5192+0.508%$290.0M$268.0M20xas long as short
Backpack XRP_USDC_PERP+0.0158%1h1.5169+0.355%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0172%8h1.5168+0.349%$1.8M$34.0M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5185+0.461%$5.6M$48.1M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5175+0.395%$23.7M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5174+0.387%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5179+0.424%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5150+0.230%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0604%1h1.5153+0.247%$2K$16K10xas long as short