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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: HTX against Extended+0.217%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$270.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.279%−$28 · spread now +0.217%, 7d avg −0.016%
Together, before fees−0.281%+ Points / potential airdropExtended: Active · farm board−$28 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 0.233% dearer against Extended than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.51020.0104pay 0.0013% / 1h42m 54s$2.0M$7.1M50x
ShortHTX XRP-USDT1.51350.0100get 0.0100% / 8h6h 42m$49.6M$15.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$0.84
Price spread: +0.217% → −0.016%
$23.27
Slippage, 4 orders
−$10.48
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$5.05
Costs to cover
0.275%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; HTX: live order book, 1 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 Extended live order book, 1 min ago0.33 bp4.3 bp −$45.8 bp −$58doesn't fitdoesn't fit
Sell HTX live order book, 1 min ago0.03 bp10.4 bp −$1015.2 bp −$15232.3 bp −$3,229doesn'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%1h1.5156+0.358%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5155+0.350%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.384%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5139+0.247%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0023% / S +0.0065%1h1.5142+0.268%$830K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.033%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5135+0.220%$14.6M$72.4M50xas long as short
Orderly PERP_XRP_USDC+0.0069%8h1.5137+0.232%$57K$945K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5139+0.245%$9.0M$25.0M50xas long as short
Lighter XRP+0.0096%1h1.5139+0.243%$2.8M$14.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5138+0.239%$518K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5153+0.338%$11K$305K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147+0.301%$882K$5.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5118+0.108%$38.3M$84.5M100xas long as short
Pacifica XRP+0.0100%1h1.5153+0.338%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5115+0.088%$535.1M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5116+0.093%$336.9M$939.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5118+0.106%$123.6M$869.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5157+0.364%$564K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5157+0.364%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5183+0.536%$1.6M$305K20xas long as short
Gate XRP_USDT+0.0100%8h1.5110+0.053%$367.5M$150.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5114+0.080%$290.6M$900.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5103+0.008%$108.0M$171.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5104+0.013%$264.0M$384.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5116+0.093%$127.0Mas long as short
Variational Omni XRP+0.0100%8h1.5155+0.352%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5178+0.504%$660K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5150+0.317%$1.1M$38.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5185+0.550%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5153+0.335%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5152+0.331%$45K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5150+0.320%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5139+0.247%$815K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5155+0.350%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5139+0.245%$29K$1.8M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5135+0.217%$49.6M$15.5M75x
Phemex XRPUSDT+0.0100%8h1.5130+0.186%$53.7M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5152+0.334%$472K$55K50xas long as short
Extended XRP-USDlong+0.0104%1h1.5102long leg$2.0M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5136+0.229%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5161+0.391%$8K$8K10xas long as short
Hyperliquid XRP+0.0171%1h1.5130+0.186%$279.7M$223.4M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5148+0.307%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5145+0.285%$5.7M$46.5M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.603%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5141+0.261%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0335%8h1.5156+0.358%$2.1M$36.0M2.9xas long as short
Backpack XRP_USDC_PERP+0.0358%1h1.5134+0.212%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5158+0.368%$537K$782K10xas long as short
Aftermath Perps XRPUSD+0.0797%1h1.5163+0.407%$2K$14K10xas long as short