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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0092%/8h= −10.1% APRnext payment $0.12 per $10,000 · paid last 24h −0.043%
Price spread now: Pacifica against Hibachi+0.216%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 7 days−0.224%−$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · Pacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.216% dearer against Hibachi than usual: you sell high and buy low (spread +0.216% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.51020.0192pay 0.0024% / 1h12m 05s$17K$82K7x
ShortPacifica XRP1.51340.0100get 0.0013% / 1h12m 05s$602K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$19.32
Price spread: +0.216% → 0.000%
$21.58
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$14.74
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Hibachi: no order-book sample; Pacifica: live order book, 2 min ago. 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 Pacifica live order book, 2 min ago0.33 bp4.9 bp −$5doesn't fitdoesn't fitdoesn't fit
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%1h1.5099−0.017%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5138+0.242%$14.2M$74.6M50xas long as short
dYdX XRP-USD0.0000%1h1.5124+0.150%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5090−0.077%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5128+0.176%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.035%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0072% / S −0.0016%1h1.5128+0.172%$798K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5140+0.254%$7.7M$25.5M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5132+0.201%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5139+0.249%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5141+0.261%$547K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5120+0.122%$10K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5132+0.205%$983K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5137+0.237%$38.4M$87.2M100xas long as short
Pacifica XRPshort+0.0100%1h1.5134+0.216%$602K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5140+0.254%$526.9M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5138+0.241%$344.2M$965.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5139+0.248%$126.6M$886.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5088−0.090%$561K$34K5xas long as short
Arcus XRP-USD+0.0100%1h1.5135+0.221%$144K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5132+0.200%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5138+0.241%$372.4M$160.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5139+0.248%$296.0M$925.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5137+0.235%$106.8M$181.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5139+0.248%$266.1M$398.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5134+0.214%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5072−0.196%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5079−0.148%$655K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5088−0.090%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5085−0.110%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5131+0.193%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5132+0.201%$51K$488K20xas long as short
Bullet XRP-USD+0.0100%1h1.5129+0.181%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5130+0.188%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5131+0.196%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5133+0.210%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5138+0.241%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5132+0.202%$49.4M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5129+0.181%$53.9M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5140+0.252%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5134+0.216%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5135+0.218%$58K$25K3xas long as short
Hyperliquid XRP+0.0130%1h1.5154+0.347%$289.4M$262.5M20xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5144+0.281%$5.7M$48.5M50xas long as short
Hibachi XRP/USDT-Plong+0.0192%1h1.5102long leg$17K$82K7x
Backpack XRP_USDC_PERP+0.0202%1h1.5148+0.307%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0209%8h1.5136+0.228%$1.7M$35.6M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5127+0.170%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5123+0.142%$23.2M$77.3M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5135+0.222%$520K$787K10xas long as short
Aftermath Perps XRPUSD+0.0591%1h1.5091−0.068%$2K$16K10xas long as short