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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Polymarket Perps against Hotstuff−0.007%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 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
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-PERP1.5184−0.0080get 0.0010% / 1h59m 36s$5K$3K20x
ShortPolymarket Perps XRP-USD1.51830.0100get 0.0013% / 1h59m 36s$52K$514K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.007% → 0.000%
−$0.66
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$24.14
Costs to cover
0.130%
Break-even
2.5 days
Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: live order book, 38 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 Polymarket Perps live order book, 38 min ago1.65 bp6.9 bp −$79.6 bp −$96doesn'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 50 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%1h1.5184long leg$5K$3K20x
dYdX XRP-USD0.0000%1h1.5183−0.004%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5188+0.026%$7.7M$24.0M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5184−0.001%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.476%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5185+0.008%$14.6M$73.7M50xas long as short
Hibachi XRP/USDT-P+0.0080%1h1.5178−0.041%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5186+0.016%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5189+0.033%$605K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5180−0.023%$999K$6.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.51840.000%$38.5M$86.0M100xas long as short
Pacifica XRP+0.0100%1h1.5187+0.020%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5185+0.005%$530.1M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5182−0.013%$350.4M$948.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5182−0.013%$127.4M$863.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175−0.059%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5179−0.033%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5189+0.033%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5180−0.026%$378.2M$150.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5183−0.007%$311.6M$909.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5183−0.005%$106.7M$183.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5175−0.059%$269.1M$389.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5181−0.020%$107.9Mas long as short
Variational Omni XRP+0.0100%8h1.5167−0.109%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5161−0.154%$658K$113.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5176−0.053%$1.1M$33.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5161−0.151%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5184−0.002%$15K10xas long as short
Polymarket Perps XRP-USDshort+0.0100%1h1.5183−0.007%$52K$514K20x
Bullet XRP-USD+0.0100%1h1.5184+0.001%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5182−0.013%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5164−0.133%$816K$77K10xas long as short
SunX XRP-USDT+0.0100%8h1.5185+0.004%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5183−0.007%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5191+0.045%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5189+0.033%$54.1M$32.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5188+0.030%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5176−0.053%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5173−0.072%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5181−0.021%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0111% / S −0.0074%1h1.5184−0.003%$784K200xas long as short
Kalshi KXXRPPERP+0.0161%8h1.5192+0.053%$1.8M$33.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5188+0.026%$5.6M$48.0M50xas long as short
Backpack XRP_USDC_PERP+0.0183%1h1.5199+0.099%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0191%1h1.5197+0.088%$290.1M$268.2M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5173−0.072%$23.6M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5178−0.042%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0337%1h1.5179−0.033%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180−0.026%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0570%1h1.5180−0.024%$2K$16K10xas long as short