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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0200%/8h= −21.9% APRnext payment $0.25 per $10,000 · paid last 24h −0.033%
Price spread now: Aevo against Hibachi+0.091%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 5 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
The price spread pays, funding is against you. Aevo is 0.091% dearer against Hibachi than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.53710.0304pay 0.0038% / 1h54m 00s$17K$82K7x
ShortAevo XRP-PERP1.53850.0104get 0.0013% / 1h54m 00s$59K$22K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hibachi. 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
−$42
Price spread: +0.091% → 0.000%
$9.05
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$57.95
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; Aevo: 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 Hibachi no order-book sample
Sell Aevo no order-book sample
Hibachi and Aevo: 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%1h1.5389+0.115%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5377+0.038%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5400+0.186%$69K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5394+0.147%$258K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0009% / S +0.0088%1h1.5390+0.120%$844K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.227%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0061%8h1.5395+0.154%$76K$910K50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5402+0.199%$8K$8K10xas long as short
Phemex XRPUSDT+0.0091%8h1.5393+0.141%$54.8M$29.8M50xas long as short
Lighter XRP+0.0096%1h1.5395+0.155%$2.9M$13.7M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5397+0.167%$514K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5397+0.167%$12K$271K20xas long as short
Nado XRP-PERP+0.0100%1h1.5396+0.163%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5398+0.170%$39.0M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5385+0.087%$636K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5402+0.201%$542.1M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5401+0.193%$341.3M$932.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5404+0.212%$125.8M$886.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5339−0.211%$572K$47K5xas long as short
Arcus XRP-USD+0.0100%1h1.5397+0.167%$117K$707K20xas long as short
Bulk XRP-USD+0.0100%1h1.5337−0.224%$1.7M$565K20xas long as short
Gate XRP_USDT+0.0100%8h1.5398+0.173%$376.1M$147.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5401+0.193%$301.8M$891.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5402+0.197%$109.5M$167.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5396+0.160%$270.0M$377.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5405+0.219%$123.7Mas long as short
Variational Omni XRP+0.0100%8h1.5388+0.111%$6.5M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5360−0.071%$669K$106.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5389+0.115%$1.1M$40.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5367−0.028%$1.0M$906K50xas long as short
Vest XRP-PERP+0.0100%1h1.5386+0.095%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5397+0.167%$48K$459K20xas long as short
Bullet XRP-USD+0.0100%1h1.5392+0.135%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5399+0.182%$829K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5399+0.179%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5396+0.160%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5389+0.114%$50.5M$15.7M75xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5389+0.117%$480K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5394+0.146%$2.1M$7.2M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5385+0.091%$59K$22K3x
Deribit XRP_USDC-PERPETUAL+0.0140%1h1.5400+0.186%$9.3M$25.6M50xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5392+0.137%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5371−0.002%$23.9M$74.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5401+0.193%$5.8M$47.0M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5396+0.160%$14.9M$70.2M50xas long as short
Hibachi XRP/USDT-Plong+0.0304%1h1.5371long leg$17K$82K7x
Backpack XRP_USDC_PERP+0.0307%1h1.5405+0.219%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0318%8h1.5399+0.180%$2.1M$35.3M2.9xas long as short
Hyperliquid XRP+0.0546%1h1.5409+0.245%$292.3M$214.9M20xas long as short
Aftermath Perps XRPUSD+0.0765%1h1.5367−0.026%$1K$11K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5401+0.193%$510K$755K10xas long as short