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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.054%
Price spread now: Nado against Hotstuff−0.003%7-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 airdropHotstuff: Active · Nado: 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: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5383−0.0080get 0.0010% / 1h9m 54s$7K$2K20x
ShortNado XRP-PERP1.53820.0100get 0.0012% / 1h9m 54s$1.0M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: −0.003% → 0.000%
−$0.33
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$25.47
Costs to cover
0.120%
Break-even
2.3 days
Slippage unknown: Hotstuff: no order-book sample; Nado: live order book, 4 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 Nado live order book, 4 min ago0.32 bp4.1 bp −$49.2 bp −$9243.4 bp −$4,339doesn'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%1h1.5383long leg$7K$2K20x
dYdX XRP-USD0.0000%1h1.5372−0.072%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5375−0.055%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0018% / S +0.0073%1h1.5372−0.069%$843K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.151%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0064%8h1.5374−0.059%$58K$935K50xas long as short
01 Exchange XRPUSD+0.0072%1h1.5377−0.039%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0075%1h1.5368−0.098%$9.3M$25.0M50xas long as short
Lighter XRP+0.0096%1h1.5368−0.097%$2.9M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5372−0.072%$515K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5365−0.117%$9K$281K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5379−0.024%$479K$55K50xas long as short
Nado XRP-PERPshort+0.0100%1h1.5382−0.003%$1.0M$5.5M20x
Aster XRPUSDT+0.0100%8h1.5378−0.032%$38.8M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5383+0.001%$636K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5385+0.012%$543.5M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5384+0.007%$342.6M$918.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5381−0.013%$125.0M$869.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5366−0.111%$572K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5372−0.072%$117K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5274−0.705%$1.6M$378K20xas long as short
Gate XRP_USDT+0.0100%8h1.5375−0.052%$375.7M$151.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5377−0.039%$307.5M$913.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5379−0.024%$111.3M$166.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5378−0.033%$269.9M$374.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5381−0.013%$124.9Mas long as short
Variational Omni XRP+0.0100%8h1.5354−0.189%$6.5M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5358−0.163%$668K$107.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5362−0.137%$1.1M$37.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5374−0.059%$1.2M$997K50xas long as short
Vest XRP-PERP+0.0100%1h1.5369−0.092%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5376−0.046%$47K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5376−0.048%$41K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5374−0.056%$828K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5380−0.017%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5363−0.130%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5352−0.203%$50.3M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5371−0.078%$54.7M$29.5M50xas long as short
Extended XRP-USD+0.0104%1h1.5374−0.058%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5366−0.113%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5372−0.069%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5355−0.182%$24.1M$74.0M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5368−0.098%$5.7M$46.7M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5365−0.117%$14.5M$70.3M50xas long as short
Backpack XRP_USDC_PERP+0.0310%1h1.5382−0.007%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5361−0.142%$17K$81K7xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5378−0.033%$2.0M$34.7M2.9xas long as short
Hyperliquid XRP+0.0384%1h1.5388+0.033%$290.8M$215.9M20xas long as short
Phoenix XRP+0.0520%1h1.5380−0.020%$68K$110K15xas long as short
RISEx XRP/USDC+0.0828%1h1.5380−0.019%$544K$773K10xas long as short
Aftermath Perps XRPUSD+0.0837%1h1.5369−0.093%$2K$13K10xas long as short