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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.025%
Price spread now: gTrade (Gains Network) against Hotstuff+0.285%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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.285% dearer against Hotstuff than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5461−0.0080get 0.0010% / 1h29m 16s$7K$2K20x
ShortgTrade (Gains Network) XRP/USD1.5505L +0.0003% / S −0.0004%get 0.0001% / 1h29m 16s$259K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$17.67
Price spread: +0.285% → 0.000%
$28.46
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$31.12
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 55 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 gTrade (Gains Network) virtual book (oracle venue), 55 min ago130.03 bp135.0 bp −$135193.2 bp −$1,9321958.1 bp −$195.8Kdoesn'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
Hotstuff XRP-PERPlong−0.0080%1h1.5461long leg$7K$2K20x
dYdX XRP-USD0.0000%1h1.5494+0.212%$1.1M$104K10xas long as short
gTrade (Gains Network) XRP/USDshortL +0.0003% / S −0.0004%1h1.5505+0.285%$259K150x
Injective XRP/USDC PERP+0.0033%1h1.5290−1.106%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5511+0.325%$15.4M$68.8M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0051% / S +0.0124%1h1.5504+0.280%$1.1M200xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5510+0.317%$77K$942K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0072%1h1.5514+0.343%$9.5M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5521+0.386%$3.0M$12.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5520+0.382%$439K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5502+0.267%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5499+0.244%$39.2M$78.0M100xas long as short
Pacifica XRP+0.0100%1h1.5504+0.278%$638K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5509+0.310%$558.0M$1.96B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5511+0.323%$346.9M$890.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5513+0.336%$126.9M$876.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5515+0.349%$577K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5506+0.291%$118K$739K20xas long as short
Gate XRP_USDT+0.0100%8h1.5507+0.298%$373.6M$139.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5506+0.291%$289.4M$846.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5501+0.257%$113.2M$158.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5513+0.336%$270.5M$361.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5510+0.317%$117.5Mas long as short
Variational Omni XRP+0.0100%8h1.5485+0.152%$11.7M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5531+0.454%$674K$101.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5464+0.017%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5529+0.440%$1.0M$882K50xas long as short
Vest XRP-PERP+0.0100%1h1.5494+0.214%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5512+0.330%$45K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5506+0.292%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5514+0.340%$835K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5518+0.370%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5513+0.336%$29K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5499+0.244%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5520+0.382%$55.3M$29.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5477+0.101%$1.7M$578K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5492+0.202%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5505+0.285%$11K$255K20xas long as short
Extended XRP-USD+0.0104%1h1.5510+0.315%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5511+0.323%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5510+0.317%$8K$8K10xas long as short
Hibachi XRP/USDT-P+0.0176%1h1.5475+0.093%$18K$81K7xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5502+0.263%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5516+0.356%$5.9M$47.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5510+0.317%$24.6M$73.4M125xas long as short
Backpack XRP_USDC_PERP+0.0245%1h1.5474+0.084%$1.8M$995K25xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5503+0.272%$1.9M$32.7M2.9xas long as short
Phoenix XRP+0.0516%1h1.5480+0.123%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5515+0.347%$508K$629K10xas long as short
Hyperliquid XRP+0.0598%1h1.5518+0.369%$290.4M$202.4M20xas long as short
Aftermath Perps XRPUSD+0.0731%1h1.5535+0.476%$1K$11K10xas long as short