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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against GRVT+0.116%7-day average −0.026% · 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−$15as in the Price arb table
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.116%, 7d avg −0.026%
Together, before fees−0.154%+ Points / potential airdropGRVT: Active · farm board−$15 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 0.142% dearer against GRVT than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XRP_USDT_Perp1.52120.0100pay 0.0100% / 8h1h 04m$1.1M$35.7M20x
ShortHTX XRP-USDT1.52300.0100get 0.0100% / 8h1h 04m$49.7M$15.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against GRVT. 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: +0.116% → −0.026%
$14.23
Slippage, 4 orders
−$7.8
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$14.57
Costs to cover
0.288%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; HTX: live order book, 4 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 GRVT live order book, 4 min ago0.33 bp4.8 bp −$511.9 bp −$11960.2 bp −$6,021doesn't fit
Sell HTX live order book, 4 min ago0.30 bp8.4 bp −$811.7 bp −$11733.9 bp −$3,392doesn'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%1h1.5243+0.204%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5225+0.085%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.052%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5226+0.090%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5225+0.083%$14.5M$74.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.287%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5230+0.118%$7.9M$24.5M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0092% / S −0.0047%1h1.5225+0.087%$786K200xas long as short
Lighter XRP+0.0096%1h1.5226+0.095%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5229+0.112%$546K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5214+0.013%$11K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5227+0.095%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5224+0.075%$38.6M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5226+0.093%$617K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5224+0.082%$534.2M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5222+0.066%$349.1M$960.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5224+0.079%$128.0M$881.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5197−0.099%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5230+0.118%$145K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.074%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5223+0.072%$378.0M$162.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5225+0.085%$313.4M$933.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5225+0.082%$107.6M$183.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5221+0.059%$269.0M$395.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5223+0.072%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5235+0.150%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5218+0.041%$661K$113.8M30xas long as short
GRVT XRP_USDT_Perplong+0.0100%8h1.5212long leg$1.1M$35.7M20x
ApeX Omni XRPUSDT+0.0100%1h1.5225+0.085%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5233+0.140%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5228+0.105%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5228+0.107%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5227+0.098%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5248+0.236%$820K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5230+0.115%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5227+0.098%$28K$1.6M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5230+0.116%$49.7M$15.4M75x
Phemex XRPUSDT+0.0100%8h1.5227+0.098%$54.5M$32.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5225+0.088%$475K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5218+0.040%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5225+0.085%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5226+0.092%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5241+0.188%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0173%1h1.5234+0.144%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5233+0.138%$5.7M$48.3M50xas long as short
Hyperliquid XRP+0.0216%1h1.5238+0.171%$290.2M$266.5M20xas long as short
Kalshi KXXRPPERP+0.0218%8h1.5236+0.158%$1.8M$34.8M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5224+0.080%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5227+0.098%$23.7M$78.0M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5229+0.108%$530K$806K10xas long as short
Aftermath Perps XRPUSD+0.0700%1h1.5236+0.158%$2K$16K10xas long as short