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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Derive against HTX+0.033%7-day average +0.044% · you sell dearer than you buy
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 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.033%, 7d avg +0.044%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.51310.0100pay 0.0100% / 8h4h 51m$49.5M$15.6M75x
ShortDerive XRP-PERP1.51360.0100get 0.0013% / 1h51m 04s$814K$72K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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: +0.033% → +0.044%
−$1.17
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Derive: 3 bp × 2 orders
−$6
Net
−$19.17
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 3 min ago; Derive: 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 HTX live order book, 3 min ago0.03 bp9.4 bp −$910.4 bp −$10430.6 bp −$3,064112.1 bp −$56.0K
Sell Derive no order-book sample
Derive: 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-PERP−0.0080%1h1.5140+0.057%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5135+0.026%$14.3M$73.5M50xas long as short
dYdX XRP-USD0.0000%1h1.5133+0.009%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.255%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5134+0.017%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5140+0.057%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.833%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0037% / S +0.0033%1h1.5136+0.030%$787K200xas long as short
01 Exchange XRPUSD+0.0048%1h1.5136+0.030%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0078%8h1.5136+0.030%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5139+0.053%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5140+0.057%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5126−0.036%$9K$316K20xas long as short
Nado XRP-PERP+0.0100%1h1.5133+0.014%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5148+0.112%$281.4M$224.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5134+0.019%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5136+0.028%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5153+0.142%$533.8M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5141+0.063%$344.7M$930.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5144+0.083%$125.7M$872.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5144+0.083%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5135+0.024%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.217%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5140+0.057%$369.8M$152.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5144+0.083%$296.1M$893.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5136+0.028%$108.2M$172.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5142+0.070%$267.7M$382.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5138+0.044%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5129−0.017%$5.4M$37.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5155+0.159%$658K$108.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5162+0.202%$1.1M$35.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5157+0.169%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5140+0.056%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5136+0.030%$42K$451K20xas long as short
Bullet XRP-USD+0.0100%1h1.5137+0.037%$41K$68K20xas long as short
Derive XRP-PERPshort+0.0100%1h1.5136+0.033%$814K$72K10x
SunX XRP-USDT+0.0100%8h1.5138+0.042%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5137+0.037%$28K$1.7M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5131long leg$49.5M$15.6M75x
Phemex XRPUSDT+0.0100%8h1.5138+0.044%$53.9M$30.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.51310.000%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5130−0.007%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5134+0.020%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0155%1h1.5150+0.123%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5160+0.192%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5141+0.063%$5.6M$47.0M50xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5134+0.018%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5138+0.044%$24.2M$75.8M125xas long as short
Kalshi KXXRPPERP+0.0325%8h1.5138+0.044%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5137+0.039%$515K$780K10xas long as short
Aftermath Perps XRPUSD+0.0675%1h1.5155+0.155%$2K$14K10xas long as short