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−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h +0.042%
Price spread now: Hibachi against Extended+0.366%47s7-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+0.191%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Hibachi: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hibachi is 0.366% dearer against Extended than usual: you sell high and buy low (spread +0.366% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 days. Mind the row above: over the last 7 days funding on this pair paid +0.191%, so the current rate has only just turned against you. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51420.0104pay 0.0013% / 1h31m 46s$2.1M$6.7M50x
ShortHibachi XRP/USDT-P1.51970.0072get 0.0009% / 1h31m 46s$17K$78K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Extended. 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
−$6.72
Price spread: +0.366% → 0.000%
$36.61
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$15.89
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Extended: live order book, 2 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 Extended live order book, 2 min ago0.33 bp3.3 bp −$35.6 bp −$56doesn't fitdoesn't fit
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
Kraken Futures PF_XRPUSD−0.0172%1h1.5152+0.066%$14.7M$74.5M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5161+0.128%$5K$3K20xas long as short
Phoenix XRP0.0000%1h1.5170+0.188%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5153+0.076%$7.7M$23.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5148+0.044%$246K150xas long as short
dYdX XRP-USD+0.0010%1h1.5149+0.050%$1.1M$157K10xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.764%$2K$107K30xas long as short
Hibachi XRP/USDT-Pshort+0.0072%1h1.5197+0.366%$17K$78K7x
Lighter XRP+0.0096%1h1.5144+0.016%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5150+0.056%$617K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5142+0.003%$20K$381K20xas long as short
Nado XRP-PERP+0.0100%1h1.5153+0.079%$990K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5146+0.029%$38.4M$84.3M100xas long as short
Pacifica XRP+0.0100%1h1.5147+0.038%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143+0.009%$527.8M$2.17B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5144+0.016%$352.7M$939.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5147+0.036%$125.8M$848.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5150+0.056%$556K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5154+0.082%$143K$708K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201+0.393%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5146+0.029%$375.5M$153.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5144+0.016%$310.4M$917.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5144+0.019%$105.8M$183.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5146+0.029%$268.0M$380.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5140−0.010%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5200+0.386%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5198+0.373%$660K$112.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5198+0.373%$1.1M$33.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5222+0.531%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5166+0.160%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5158+0.109%$52K$509K20xas long as short
Bullet XRP-USD+0.0100%1h1.5154+0.083%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5152+0.069%$77K$648K50xas long as short
Derive XRP-PERP+0.0100%1h1.5208+0.436%$818K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5163+0.141%$127K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5149+0.049%$30K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5173+0.208%$49.5M$15.0M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5152+0.069%$54.1M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5149+0.052%$472K$54K50xas long as short
Extended XRP-USDlong+0.0104%1h1.5142long leg$2.1M$6.7M50x
Aevo XRP-PERP+0.0104%1h1.5151+0.064%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5158+0.109%$8K$2K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0119% / S −0.0084%1h1.5148+0.041%$786K200xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5151+0.062%$5.3M$47.7M50xas long as short
Kalshi KXXRPPERP+0.0170%8h1.5169+0.181%$1.7M$33.2M2.9xas long as short
Hyperliquid XRP+0.0181%1h1.5156+0.095%$289.7M$267.9M20xas long as short
Backpack XRP_USDC_PERP+0.0210%1h1.5151+0.062%$2.0M$1.3M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5170+0.188%$23.7M$77.5M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5148+0.044%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0337%1h1.5163+0.145%$519K$788K10xas long as short
Aftermath Perps XRPUSD+0.0558%1h1.5191+0.329%$2K$16K10xas long as short