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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: OKX against Hotstuff+0.119%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 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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.119% dearer against Hotstuff than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5144−0.0080get 0.0010% / 1h33m 28s$5K$3K20x
ShortOKX XRP-USDT-SWAP1.51620.0100get 0.0100% / 8h1h 33m$127.3M$883.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.119% → 0.000%
$11.89
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
$34.69
Costs to cover
0.150%
Break-even
0.6 days
Slippage unknown: Hotstuff: no order-book sample; OKX: live order book, 6 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 OKX live order book, 6 min ago0.33 bp5.7 bp −$66.8 bp −$6814.2 bp −$1,42031.5 bp −$15.7K
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%1h1.5144long leg$5K$3K20x
dYdX XRP-USD0.0000%1h1.5157+0.087%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.172%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5140−0.026%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5143−0.009%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.747%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5146+0.013%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0083% / S −0.0031%1h1.5148+0.025%$799K200xas long as short
Lighter XRP+0.0096%1h1.5165+0.140%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5167+0.152%$545K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange XRPUSD+0.0096%1h1.5170+0.172%$8K$8K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5156+0.079%$12K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5158+0.096%$976K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5166+0.143%$38.5M$87.7M100xas long as short
Pacifica XRP+0.0100%1h1.5164+0.133%$617K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5168+0.156%$531.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5160+0.106%$345.8M$962.1M100xas long as short
OKX XRP-USDT-SWAPshort+0.0100%8h1.5162+0.119%$127.3M$883.5M100x
Ondo Perps XRP-USD.P+0.0100%1h1.5151+0.046%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5171+0.178%$143K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145+0.007%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5162+0.119%$376.2M$160.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5166+0.145%$299.5M$923.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5166+0.143%$107.3M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5160+0.106%$267.4M$397.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5160+0.106%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5146+0.012%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160+0.105%$660K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5158+0.092%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5169+0.165%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5162+0.120%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5165+0.139%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5164+0.134%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.51440.000%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148+0.029%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5148+0.026%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5143−0.007%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5151+0.048%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.51440.000%$54.2M$32.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5173+0.189%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5162+0.118%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5141−0.019%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5142−0.010%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0163%1h1.5160+0.106%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.51440.000%$5.7M$48.2M50xas long as short
Hyperliquid XRP+0.0177%1h1.5175+0.205%$288.4M$264.6M20xas long as short
Kalshi KXXRPPERP+0.0208%8h1.51440.000%$1.7M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5159+0.101%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5147+0.020%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5171+0.179%$524K$798K10xas long as short
Aftermath Perps XRPUSD+0.0596%1h1.5148+0.025%$2K$16K10xas long as short