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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0169%/8h= +18.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.113%
Price spread now: Hibachi against GMX+0.073%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 3 days (all we have)no history yet
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 +$5 a day on $10k at the current rate, and Hibachi is 0.073% dearer against GMX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XRP/USD [ETH-USDC]1.5150L +0.0031% / S +0.0036%pay 0.0004% / 1h4m 44s$832K200x
ShortHibachi XRP/USDT-P1.51610.0200get 0.0025% / 1h4m 44s$17K$82K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against GMX. 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
$35.41
Price spread: +0.073% → 0.000%
$7.31
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$21.72
Costs to cover
0.210%
Break-even
2.7 days
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell Hibachi no order-book sample
GMX and 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%1h1.5156+0.039%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5173+0.151%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5152+0.012%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149−0.006%$253K150xas long as short
GMX XRP/USD [ETH-USDC]longL +0.0031% / S +0.0036%1h1.5150long leg$832K200x
Injective XRP/USDC PERP+0.0033%1h1.5560+2.705%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0056%1h1.5170+0.131%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5150−0.001%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5175+0.166%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5171+0.138%$511K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5162+0.078%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5159+0.062%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5187+0.243%$282.0M$223.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5171+0.138%$38.3M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5175+0.163%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5171+0.138%$535.7M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5167+0.111%$346.1M$931.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5170+0.131%$125.7M$873.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5169+0.124%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5169+0.124%$114K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.093%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5169+0.124%$369.0M$154.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5169+0.124%$298.8M$905.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5178+0.182%$108.7M$172.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5167+0.111%$269.2M$381.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5167+0.111%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5154+0.022%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5173+0.149%$659K$107.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5183+0.217%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5189+0.256%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5160+0.064%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5161+0.072%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5159+0.058%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5151+0.008%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5157+0.045%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5154+0.025%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5153+0.019%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5167+0.111%$53.9M$30.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5169+0.125%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5163+0.082%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5149−0.007%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0175%1h1.5175+0.164%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-Pshort+0.0200%1h1.5161+0.073%$17K$82K7x
Reya XRPRUSDPERP+0.0215%1h1.5158+0.052%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5172+0.144%$5.7M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5167+0.111%$24.2M$75.7M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5154+0.028%$14.4M$73.5M50xas long as short
Kalshi KXXRPPERP+0.0339%8h1.5162+0.078%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5172+0.141%$517K$780K10xas long as short
Phoenix XRP+0.0528%1h1.5190+0.263%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0656%1h1.5186+0.237%$2K$14K10xas long as short