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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0447%/8h= +48.9% APRnext payment +$0.56 per $10,000 · paid last 24h +0.117%
Price spread now: Aftermath Perps against Hibachi−0.006%58s7-day average · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$13 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.51850.0200pay 0.0025% / 1h21m 29s$17K$82K7x
ShortAftermath Perps XRPUSD1.51840.0647get 0.0081% / 1h21m 29s$2K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
$93.8
Price spread: −0.006% → 0.000%
−$0.64
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$75.15
Costs to cover
0.180%
Break-even
1.4 days
Slippage unknown: Hibachi: no order-book sample; Aftermath Perps: 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 Aftermath Perps no order-book sample
Hibachi and Aftermath Perps: 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%1h1.5190+0.032%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5178−0.047%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5177−0.057%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5190+0.032%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5181−0.026%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5186+0.006%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.468%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0043% / S +0.0025%1h1.5180−0.035%$792K200xas long as short
Orderly PERP_XRP_USDC+0.0086%8h1.5184−0.008%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5175−0.066%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5178−0.047%$499K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5160−0.166%$11K$326K20xas long as short
Nado XRP-PERP+0.0100%1h1.5171−0.090%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5191+0.041%$281.0M$226.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5178−0.045%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5175−0.069%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5169−0.106%$535.3M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5169−0.106%$347.6M$934.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5170−0.100%$126.2M$875.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5176−0.060%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5169−0.106%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174−0.073%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5170−0.100%$370.0M$154.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5170−0.100%$291.1M$901.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5180−0.031%$108.3M$174.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5171−0.093%$268.5M$384.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5167−0.120%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5179−0.043%$5.2M$37.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5172−0.087%$659K$108.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5174−0.073%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5192+0.045%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5174−0.076%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5172−0.087%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5182−0.023%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5186+0.007%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5193+0.054%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5182−0.021%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5176−0.063%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5173−0.080%$54.2M$30.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5170−0.102%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5160−0.169%$2.0M$6.8M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5170−0.100%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5183−0.015%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0178%1h1.5182−0.021%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5188+0.019%$5.6M$47.1M50xas long as short
Hibachi XRP/USDT-Plong+0.0200%1h1.5185long leg$17K$82K7x
Reya XRPRUSDPERP+0.0216%1h1.5170−0.100%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5179−0.041%$24.2M$76.2M125xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5184−0.008%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5170−0.100%$517K$777K10xas long as short
Aftermath Perps XRPUSDshort+0.0647%1h1.5184−0.006%$2K$15K10x