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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against HTX−0.029%59s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.108%+$11 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.029%, 7d avg +0.050%
Together, before fees+0.174%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.079% cheaper against HTX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.050%). If the spread goes back, that is −$8 on $10k: about 2.2 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.108% in total) that is about 5.1 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.50810.0100pay 0.0100% / 8h2h 15m$49.3M$15.6M75x
ShortBloFin XRP-USDT1.50770.0220get 0.0220% / 8h2h 15m$23.1M$77.0M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.029% → +0.050%
−$7.88
Slippage, 4 orders
−$9.17
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$15.86
Costs to cover
0.332%
Break-even
11.4 days
Slippage from HTX: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago0.50 bp8.5 bp −$813.7 bp −$13735.3 bp −$3,526doesn't fit
Sell BloFin live order book, 3 min ago1.66 bp7.7 bp −$87.7 bp −$779.6 bp −$96222.2 bp −$11.1K

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-PERP−0.0080%1h1.5073−0.056%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5071−0.066%$14.1M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5078−0.019%$1.1M$133K10xas long as short
Phoenix XRP0.0000%1h1.5090+0.057%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5074−0.049%$244K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.173%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0071% / S −0.0015%1h1.5073−0.059%$795K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0082%1h1.5075−0.042%$7.7M$25.5M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5084+0.017%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5077−0.032%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5077−0.029%$545K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5080−0.009%$10K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5080−0.006%$975K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5082+0.004%$38.3M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5083+0.010%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5084+0.017%$524.6M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5088+0.044%$344.3M$964.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5080−0.009%$126.0M$883.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5044−0.248%$561K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5089+0.050%$144K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5026−0.364%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5076−0.036%$370.4M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5084+0.017%$287.6M$923.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5079−0.019%$106.3M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5080−0.009%$264.9M$398.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5078−0.023%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5046−0.236%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5054−0.180%$654K$113.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5083+0.011%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5092+0.070%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5085+0.021%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5084+0.017%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5076−0.038%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5073−0.056%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5073−0.054%$811K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5078−0.021%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5074−0.049%$28K$1.6M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5081long leg$49.3M$15.6M75x
Phemex XRPUSDT+0.0100%8h1.5075−0.042%$53.8M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5090+0.055%$470K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5080−0.013%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5071−0.070%$58K$25K3xas long as short
Hyperliquid XRP+0.0110%1h1.5089+0.050%$288.0M$262.1M20xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5078−0.023%$5.7M$48.4M50xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5080−0.007%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0192%1h1.5087+0.037%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0196%8h1.5079−0.016%$1.7M$35.7M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5076−0.034%$1.3M$5K15xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5077−0.029%$23.1M$77.0M125x
RISEx XRP/USDC+0.0305%1h1.5088+0.045%$519K$786K10xas long as short
Aftermath Perps XRPUSD+0.0601%1h1.5063−0.122%$2K$16K10xas long as short