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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.055%
Price spread now: Extended against Hotstuff+0.255%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 3 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 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.255% dearer against Hotstuff than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5203−0.0080get 0.0010% / 1h30m 38s$7K$2K20x
ShortExtended XRP-USD1.52420.0104get 0.0013% / 1h30m 38s$2.1M$7.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$38.64
Price spread: +0.255% → 0.000%
$25.49
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$54.13
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 3 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 Hotstuff no order-book sample
Sell Extended live order book, 3 min ago0.33 bp2.8 bp −$35.4 bp −$54doesn'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 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
GMX XRP/USD [ETH-USDC]L −0.0210% / S +0.0297%1h1.5205+0.015%$1.6M200xas long as short
Hotstuff XRP-PERPlong−0.0080%1h1.5203long leg$7K$2K20x
dYdX XRP-USD0.0000%1h1.5229+0.173%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.112%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5213+0.066%$9.1M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5205+0.012%$254K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290+0.572%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0046%8h1.5199−0.026%$177K$788K50xas long as short
Lighter XRP+0.0096%1h1.5231+0.183%$2.9M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5232+0.191%$442K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5202−0.003%$1.0M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5223+0.135%$38.7M$71.6M100xas long as short
Pacifica XRP+0.0100%1h1.5232+0.193%$663K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5232+0.191%$544.8M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5246+0.283%$341.4M$834.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5242+0.257%$122.8M$827.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5194−0.059%$566K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5247+0.289%$114K$646K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.012%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5243+0.263%$355.9M$129.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5243+0.263%$291.1M$803.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5229+0.168%$112.8M$146.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5245+0.276%$265.3M$338.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5239+0.237%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5254+0.335%$6.2M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5218+0.096%$661K$95.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5252+0.322%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5206+0.020%$1.0M$848K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5207+0.026%$50K$474K20xas long as short
Bullet XRP-USD+0.0100%1h1.5205+0.012%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5203−0.001%$819K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5210+0.047%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5210+0.046%$29K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5193−0.062%$50.0M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5210+0.046%$54.4M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5244+0.270%$475K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5204+0.004%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5235+0.210%$11K$235K20xas long as short
Extended XRP-USDshort+0.0104%1h1.5242+0.255%$2.1M$7.2M50x
Aevo XRP-PERP+0.0104%1h1.5207+0.026%$71K$40K3xas long as short
Backpack XRP_USDC_PERP+0.0118%1h1.5219+0.105%$1.7M$915K25xas long as short
01 Exchange XRPUSD+0.0136%1h1.5241+0.250%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0171%1h1.5211+0.051%$15.2M$63.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5216+0.086%$5.4M$43.2M50xas long as short
Kalshi KXXRPPERP+0.0210%8h1.5213+0.066%$1.7M$31.6M2.9xas long as short
Reya XRPRUSDPERP+0.0210%1h1.52030.000%$1.3M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207+0.026%$23.8M$66.3M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5209+0.038%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5245+0.275%$404K$496K10xas long as short
Hyperliquid XRP+0.0448%1h1.5240+0.243%$279.1M$180.7M20xas long as short
Aftermath Perps XRPUSD+0.0555%1h1.5229+0.170%$1K$10K10xas long as short