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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX+0.031%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 3 days (all we have)+0.109%+$11 · spread now +0.031%, 7d avg +0.039%
Together, before fees+0.033%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.56990.0100pay 0.0100% / 8h1h 42m$51.6M$15.2M75x
ShortBybit XRPUSDT1.57040.0100get 0.0100% / 8h1h 42m$354.3M$876.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.031% → +0.039%
−$0.8
Slippage, 4 orders
−$7.96
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$31.76
Costs to cover
0.310%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago0.03 bp11.6 bp −$1213.5 bp −$13540.9 bp −$4,086doesn't fit
Sell Bybit live order book, 2 min ago0.32 bp6.0 bp −$67.6 bp −$7615.1 bp −$1,50726.4 bp −$13.2K

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%1h1.5711+0.076%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5698−0.005%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5706+0.044%$9.7M$25.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5705+0.035%$263K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−2.606%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5700+0.008%$15.7M$67.8M50xas long as short
Orderly PERP_XRP_USDC+0.0052%8h1.5704+0.031%$82K$938K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S +0.0140%1h1.5701+0.014%$926K200xas long as short
Lighter XRP+0.0096%1h1.5698−0.009%$3.1M$11.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5713+0.089%$464K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5701+0.012%$39.9M$75.9M100xas long as short
Pacifica XRP+0.0100%1h1.5697−0.013%$678K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5707+0.050%$569.9M$1.93B100xas long as short
Bybit XRPUSDTshort+0.0100%8h1.5704+0.031%$354.3M$876.2M100x
OKX XRP-USDT-SWAP+0.0100%8h1.5700+0.006%$128.5M$874.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5615−0.536%$581K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5706+0.044%$121K$726K20xas long as short
Bulk XRP-USD+0.0100%1h1.5527−1.096%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5696−0.020%$376.8M$136.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5695−0.026%$292.3M$829.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5713+0.091%$114.5M$155.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5702+0.018%$273.2M$355.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5702+0.018%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5634−0.415%$11.8M$29.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5683−0.106%$681K$99.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5730+0.199%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5698−0.007%$1.0M$879K50xas long as short
Nado XRP-PERP+0.0100%1h1.5711+0.073%$1.1M$5.4M20xas long as short
Vest XRP-PERP+0.0100%1h1.5703+0.023%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5704+0.031%$48K$444K20xas long as short
Bullet XRP-USD+0.0100%1h1.5705+0.036%$42K$63K20xas long as short
Derive XRP-PERP+0.0100%1h1.5706+0.043%$846K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5707+0.053%$132K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5704+0.031%$33K$1.9M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5699long leg$51.6M$15.2M75x
Phemex XRPUSDT+0.0100%8h1.5720+0.133%$55.9M$28.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5698−0.006%$489K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5711+0.076%$13K$250K20xas long as short
Extended XRP-USD+0.0104%1h1.5695−0.027%$2.2M$7.0M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5704+0.033%$18K$81K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5699−0.001%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0160%1h1.5714+0.095%$9K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5701+0.015%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5710+0.069%$5.8M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5717+0.114%$24.8M$72.6M125xas long as short
Kalshi KXXRPPERP+0.0338%8h1.5724+0.159%$1.9M$32.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0371%1h1.5723+0.152%$1.8M$977K25xas long as short
Phoenix XRP+0.0516%1h1.5740+0.261%$70K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5718+0.122%$413K$560K10xas long as short
Aftermath Perps XRPUSD+0.0594%1h1.5649−0.318%$1K$11K10xas long as short
Hyperliquid XRP+0.0645%1h1.5727+0.176%$292.3M$198.2M20xas long as short