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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: ApeX Omni against Hotstuff−0.260%57s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.260% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.260% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 4.8 days of funding at the current rate (+$5 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5356−0.0080get 0.0010% / 1h51m 39s$5K$2K20x
ShortApeX Omni XRPUSDT1.53160.0100get 0.0013% / 1h51m 39s$1.2M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hotstuff. 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
$37.8
Price spread: −0.260% → 0.000%
−$26.05
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$3.25
Costs to cover
0.150%
Break-even
7.6 days
Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: live order book, just now. 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 Hotstuff no order-book sample
Sell ApeX Omni live order book, just now2.95 bp8.4 bp −$812.8 bp −$128doesn't fitdoesn't fit
Hotstuff: 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 exchanges

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-PERPlong−0.0080%1h1.5356long leg$5K$2K20x
Kraken Futures PF_XRPUSD−0.0077%1h1.5277−0.512%$13.7M$68.4M50xas long as short
dYdX XRP-USD0.0000%1h1.5269−0.568%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5310−0.300%$68K$102K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5280−0.496%$242K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0012%1h1.5283−0.475%$7.6M$19.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.328%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0080%1h1.5285−0.462%$9K$98710xas long as short
Hibachi XRP/USDT-P+0.0080%1h1.5281−0.489%$17K$69K7xas long as short
Lighter XRP+0.0096%1h1.5271−0.552%$2.7M$13.4M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5273−0.541%$591K$3.0M20xas long as short
Coinbase International XRP-PERP-INTX+0.0096%1h1.5282−0.482%$5.4M$41.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5269−0.566%$476K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5268−0.573%$10K$411K20xas long as short
Nado XRP-PERP+0.0100%1h1.5271−0.550%$841K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5288−0.443%$296.8M$260.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5269−0.568%$38.8M$79.1M100xas long as short
Pacifica XRP+0.0100%1h1.5273−0.543%$587K$985K20xas long as short
Binance XRPUSDT+0.0100%8h1.5262−0.615%$531.1M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5262−0.612%$358.8M$852.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5261−0.619%$123.8M$814.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5259−0.632%$562K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5268−0.573%$163K$689K20xas long as short
Bulk XRP-USD+0.0100%1h1.5312−0.290%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5277−0.514%$376.5M$156.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5274−0.534%$315.5M$874.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5267−0.580%$103.8M$179.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5262−0.612%$270.0M$345.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5275−0.527%$98.1Mas long as short
Variational Omni XRP+0.0100%8h1.5304−0.336%$4.9M$38.0Mas long as short
edgeX XRPUSDC+0.0100%4h1.5305−0.332%$665K$105.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5301−0.358%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDTshort+0.0100%1h1.5316−0.260%$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5280−0.492%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5277−0.514%$52K$469K20xas long as short
Bullet XRP-USD+0.0100%1h1.5276−0.524%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5278−0.508%$83K$601K50xas long as short
Derive XRP-PERP+0.0100%1h1.5280−0.496%$822K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5283−0.479%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5276−0.521%$31K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5273−0.543%$49.7M$13.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5279−0.501%$54.6M$33.2M50xas long as short
Extended XRP-USD+0.0104%1h1.5266−0.585%$2.2M$5.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5273−0.539%$59K$25K3xas long as short
Kalshi KXXRPPERP+0.0111%8h1.5283−0.475%$1.9M$35.5M2.9xas long as short
Backpack XRP_USDC_PERP+0.0163%1h1.5284−0.469%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5282−0.482%$23.8M$77.2M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5270−0.563%$1.4M$1K15xas long as short
GMX XRP/USD [ETH-USDC]L +0.0256% / S −0.0506%1h1.5276−0.524%$878K200xas long as short
RISEx XRP/USDC+0.0300%1h1.5287−0.447%$506K$723K10xas long as short
Aftermath Perps XRPUSD+0.0394%1h1.5303−0.344%$3K$13K10xas long as short