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+0.0908%/8h= +99.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.163%
Price spread now: RISEx against Hotstuff−0.107%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 · farm boardneeds both histories
Funding pays, the price is against you. RISEx is 0.107% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 9 hours of funding at the current rate (+$27 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5332−0.0080get 0.0010% / 1h35m 24s$7K$2K20x
ShortRISEx XRP/USDC1.53160.0828get 0.0103% / 1h35m 24s$506K$754K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$190.64
Price spread: −0.107% → 0.000%
−$10.66
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$168.98
Costs to cover
0.110%
Break-even
0.8 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: 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 RISEx live order book, 38 min ago1.37 bp4.4 bp −$49.0 bp −$90doesn'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
Hotstuff XRP-PERPlong−0.0080%1h1.5332long leg$7K$2K20x
dYdX XRP-USD0.0000%1h1.5320−0.078%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5305−0.176%$256K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5312−0.130%$9.3M$25.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0013% / S +0.0081%1h1.5303−0.189%$839K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.487%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0062%8h1.5312−0.130%$58K$935K50xas long as short
Lighter XRP+0.0096%1h1.5327−0.035%$2.8M$13.9M20xas long as short
Lighter RH XRP+0.0096%1h1.5335+0.020%$514K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5308−0.157%$10K$279K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERP+0.0100%8h1.5324−0.053%$478K$54K50xas long as short
Nado XRP-PERP+0.0100%1h1.5306−0.166%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5313−0.123%$38.7M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5329−0.020%$620K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5308−0.159%$539.1M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5312−0.130%$341.1M$922.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5312−0.130%$124.6M$869.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.104%$571K$48K5xas long as short
Arcus XRP-USD+0.0100%1h1.5321−0.072%$118K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5296−0.236%$1.6M$517K20xas long as short
Gate XRP_USDT+0.0100%8h1.5305−0.176%$373.4M$149.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5302−0.196%$307.1M$902.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5304−0.184%$108.5M$165.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5308−0.157%$267.8M$375.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5308−0.157%$123.8Mas long as short
Variational Omni XRP+0.0100%8h1.5328−0.025%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5307−0.161%$665K$107.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5296−0.235%$1.1M$39.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5333+0.007%$1.0M$892K50xas long as short
Vest XRP-PERP+0.0100%1h1.5310−0.144%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5307−0.163%$49K$442K20xas long as short
Bullet XRP-USD+0.0100%1h1.5304−0.180%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5314−0.117%$824K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5341+0.058%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5311−0.137%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5343+0.070%$50.3M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5339+0.046%$54.6M$29.6M50xas long as short
Extended XRP-USD+0.0104%1h1.5307−0.160%$2.1M$7.1M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5309−0.150%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5310−0.143%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5300−0.210%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5329−0.020%$24.0M$74.3M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5345+0.085%$5.8M$46.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0244%1h1.5309−0.151%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0285%1h1.5346+0.091%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5346+0.091%$2.1M$35.1M2.9xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5333+0.008%$17K$81K7xas long as short
Hyperliquid XRP+0.0401%1h1.5318−0.091%$289.3M$214.5M20xas long as short
Phoenix XRP+0.0520%1h1.5350+0.117%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0790%1h1.5322−0.065%$2K$12K10xas long as short
RISEx XRP/USDCshort+0.0828%1h1.5316−0.107%$506K$754K10x