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+0.0304%/8h= +33.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.068%
Price spread now: 01 Exchange against Hotstuff−0.052%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. 01 Exchange is 0.052% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5368−0.0080get 0.0010% / 1h58m 48s$7K$2K20x
Short01 Exchange XRPUSD1.53600.0224get 0.0028% / 1h58m 48s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$63.84
Price spread: −0.052% → 0.000%
−$5.21
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$46.63
Costs to cover
0.120%
Break-even
1.9 days
Slippage unknown: Hotstuff: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Hotstuff and 01 Exchange: 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%1h1.5368long leg$7K$2K20x
dYdX XRP-USD0.0000%1h1.5363−0.035%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5350−0.117%$68K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5354−0.089%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0008% / S +0.0089%1h1.5354−0.093%$842K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5363−0.033%$9.3M$25.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.249%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0061%8h1.5362−0.039%$75K$910K50xas long as short
Lighter XRP+0.0096%1h1.5332−0.236%$2.9M$13.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5340−0.182%$513K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5342−0.170%$38.8M$83.0M100xas long as short
Pacifica XRP+0.0100%1h1.5353−0.097%$634K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5352−0.104%$540.4M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5351−0.111%$340.0M$933.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5347−0.137%$125.5M$886.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5320−0.312%$571K$47K5xas long as short
Arcus XRP-USD+0.0100%1h1.5355−0.085%$117K$706K20xas long as short
Bulk XRP-USD+0.0100%1h1.5333−0.227%$1.7M$570K20xas long as short
Gate XRP_USDT+0.0100%8h1.5349−0.124%$372.4M$147.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5349−0.124%$300.1M$888.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5353−0.097%$109.7M$167.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5348−0.130%$268.7M$378.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5353−0.098%$123.1Mas long as short
Variational Omni XRP+0.0100%8h1.5346−0.140%$6.4M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5347−0.140%$666K$106.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5369+0.006%$1.1M$40.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5352−0.104%$1.0M$902K50xas long as short
Vest XRP-PERP+0.0100%1h1.5360−0.054%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5364−0.026%$48K$458K20xas long as short
Bullet XRP-USD+0.0100%1h1.5357−0.069%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5364−0.028%$827K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5365−0.021%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5359−0.059%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5356−0.075%$50.4M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5350−0.117%$54.7M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5361−0.048%$479K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5344−0.159%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5362−0.042%$72K$2K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5360−0.055%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5351−0.111%$24.0M$75.0M125xas long as short
01 Exchange XRPUSDshort+0.0224%1h1.5360−0.052%$8K$8K10x
Coinbase International XRP-PERP-INTX+0.0224%1h1.5366−0.013%$5.8M$47.0M50xas long as short
Backpack XRP_USDC_PERP+0.0230%1h1.5350−0.117%$1.7M$1.2M25xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5362−0.039%$14.9M$70.3M50xas long as short
Nado XRP-PERP+0.0287%1h1.5360−0.049%$1.0M$5.6M20xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5367−0.008%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0316%8h1.5367−0.007%$2.2M$35.2M2.9xas long as short
Hyperliquid XRP+0.0491%1h1.5365−0.020%$291.0M$216.7M20xas long as short
Aftermath Perps XRPUSD+0.0773%1h1.5350−0.114%$1K$11K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5360−0.050%$512K$753K10xas long as short