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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against HTX−0.012%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.012%, 7d avg +0.046%
Together, before fees+0.101%+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.058% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.53780.0100pay 0.0100% / 8h5h 57m$50.1M$14.1M75x
ShortBinance XRPUSDT1.53760.0100get 0.0100% / 8h5h 57m$536.2M$2.09B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$0
Price spread: −0.012% → +0.046%
−$5.79
Slippage, 4 orders
−$7.08
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$34.88
Costs to cover
0.291%
Break-even
never at this rate
Slippage from HTX: live order book, 4 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 4 min ago0.81 bp6.9 bp −$78.7 bp −$8732.7 bp −$3,271doesn't fit
Sell Binance live order book, 9 min ago0.32 bp5.3 bp −$55.5 bp −$5513.0 bp −$1,30435.6 bp −$17.8K

XRP on 50 exchanges

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-PERP−0.0080%1h1.5403+0.163%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5382+0.027%$14.1M$72.0M50xas long as short
SoDEX XRP-USD−0.0027%1h1.5382+0.027%$30K$1.5M10xas long as short
dYdX XRP-USD0.0000%1h1.5419+0.266%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5386+0.053%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5387+0.059%$246K150xas long as short
Ondo Perps XRP-USD.P+0.0006%1h1.5389+0.072%$565K$37K5xas long as short
01 Exchange XRPUSD+0.0016%1h1.5392+0.092%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.184%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5377−0.006%$2.8M$14.0M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5382+0.027%$605K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5392+0.092%$480K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5386+0.053%$9K$400K20xas long as short
Nado XRP-PERP+0.0100%1h1.5394+0.108%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5390+0.079%$300.0M$267.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5377−0.006%$39.3M$81.8M100xas long as short
Pacifica XRP+0.0100%1h1.5404+0.169%$596K$1.0M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5376−0.012%$536.2M$2.09B100x
Bybit XRPUSDT+0.0100%8h1.5379+0.007%$364.7M$893.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5375−0.019%$125.0M$841.7M100xas long as short
Arcus XRP-USD+0.0100%1h1.5399+0.137%$165K$684K20xas long as short
Gate XRP_USDT+0.0100%8h1.5379+0.007%$383.4M$155.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5376−0.012%$310.0M$885.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5378+0.001%$106.9M$181.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5378+0.001%$272.8M$358.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5374−0.025%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5390+0.078%$5.0M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5392+0.094%$669K$110.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5425+0.305%$1.1M$31.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5405+0.176%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5392+0.094%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5385+0.046%$53K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5384+0.043%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5384+0.040%$84K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5384+0.040%$129K$1.5M30xas long as short
HTX XRP-USDTlong+0.0100%8h1.5378long leg$50.1M$14.1M75x
Phemex XRPUSDT+0.0100%8h1.5384+0.040%$54.8M$33.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5369−0.057%$1.6M$25K20xas long as short
Extended XRP-USD+0.0104%1h1.5373−0.029%$2.2M$6.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5377−0.006%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5385+0.046%$5.5M$44.9M50xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5403+0.165%$17K$76K7xas long as short
Backpack XRP_USDC_PERP+0.0120%1h1.5390+0.079%$2.0M$1.2M25xas long as short
Kalshi KXXRPPERP+0.0142%8h1.5400+0.144%$1.9M$34.8M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0168% / S −0.0366%1h1.5401+0.151%$610K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5399+0.137%$23.9M$78.9M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5377−0.007%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5391+0.087%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0433%1h1.5404+0.168%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5410+0.209%$69K$108K15xas long as short