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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against HTX+0.040%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.661% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.221%−$22 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.040%, 7d avg +0.043%
Together, before fees−0.181%−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.51510.0100pay 0.0100% / 8h1h 33m$49.5M$15.6M75x
ShortdYdX XRP-USD1.51570get 0.0000% / 1h33m 33s$1.1M$148K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.040% → +0.043%
−$0.34
Slippage, 4 orders
−$44.09
Fee HTX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$87.43
Costs to cover
0.661%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; dYdX: live order book, 1 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, 1 min ago0.03 bp8.8 bp −$910.8 bp −$10831.3 bp −$3,132119.5 bp −$59.8K
Sell dYdX live order book, 1 min ago18.83 bp23.8 bp −$2423.8 bp −$23851.6 bp −$5,158283.3 bp −$141.6K

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%1h1.5144−0.048%$5K$3K20xas long as short
dYdX XRP-USDshort0.0000%1h1.5157+0.040%$1.1M$148K10x
Phoenix XRP0.0000%1h1.5170+0.124%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5140−0.074%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5143−0.057%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.698%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5146−0.034%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0083% / S −0.0031%1h1.5148−0.022%$799K200xas long as short
Lighter XRP+0.0096%1h1.5165+0.092%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5167+0.104%$545K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange XRPUSD+0.0096%1h1.5170+0.124%$8K$8K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5156+0.032%$12K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5158+0.048%$976K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5166+0.096%$38.5M$87.7M100xas long as short
Pacifica XRP+0.0100%1h1.5164+0.085%$617K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5168+0.109%$531.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5160+0.058%$345.8M$962.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5162+0.071%$127.3M$883.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151−0.001%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5171+0.131%$143K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145−0.041%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5162+0.071%$376.2M$160.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5166+0.098%$299.5M$923.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5166+0.095%$107.3M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5160+0.058%$267.4M$397.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5160+0.058%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5146−0.035%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160+0.058%$660K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5158+0.045%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5169+0.117%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5162+0.072%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5165+0.091%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5164+0.087%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5144−0.048%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.018%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5148−0.021%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5143−0.054%$29K$1.6M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5151long leg$49.5M$15.6M75x
Phemex XRPUSDT+0.0100%8h1.5144−0.048%$54.2M$32.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5173+0.141%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5162+0.070%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5141−0.067%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5142−0.058%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0163%1h1.5160+0.058%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5144−0.048%$5.7M$48.2M50xas long as short
Hyperliquid XRP+0.0177%1h1.5175+0.157%$288.4M$264.6M20xas long as short
Kalshi KXXRPPERP+0.0208%8h1.5144−0.048%$1.7M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5159+0.053%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5147−0.028%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5171+0.131%$524K$798K10xas long as short
Aftermath Perps XRPUSD+0.0596%1h1.5148−0.023%$2K$16K10xas long as short