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% APRpaid last 24h −0.042%
Price spread now: edgeX against HTX−0.064%77s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.285% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.182%−$18 on $10k
Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.064%, 7d avg +0.023%
Together, before fees−0.116%+ Points / potential airdropedgeX: Active · farm board−$12 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: edgeX is 0.087% cheaper against HTX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.56550.0100pay 0.0100% / 8h52m 00s$51.4M$15.4M75x
ShortedgeX XRPUSDC1.56450.0100get 0.0050% / 4h52m 00s$679K$102.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.064% → +0.023%
−$8.7
Slippage, 4 orders
−$7.55
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$37.24
Costs to cover
0.285%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; edgeX: 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 ago1.18 bp7.2 bp −$79.5 bp −$9529.9 bp −$2,989128.1 bp −$64.1K
Sell edgeX live order book, 2 min ago0.96 bp5.5 bp −$55.6 bp −$568.6 bp −$863doesn't fit

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%1h1.5671+0.101%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5663+0.053%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5600−0.353%$69K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5666+0.069%$9.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5657+0.009%$262K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0004% / S +0.0108%1h1.5664+0.057%$861K200xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5664+0.055%$15.7M$68.8M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5660+0.031%$77K$909K50xas long as short
ApeX Omni XRPUSDT+0.0081%1h1.5590−0.416%$1.0M$886K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.608%$2K$107K30xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5665+0.063%$3.0M$12.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5668+0.082%$446K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5672+0.111%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5664+0.056%$39.8M$79.8M100xas long as short
Pacifica XRP+0.0100%1h1.5663+0.050%$645K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5653−0.014%$561.5M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5655−0.001%$349.9M$912.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5662+0.043%$128.2M$894.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5593−0.397%$580K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5668+0.082%$119K$748K20xas long as short
Gate XRP_USDT+0.0100%8h1.5661+0.037%$374.8M$142.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5659+0.024%$305.3M$861.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5664+0.058%$114.2M$162.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5660+0.031%$273.6M$369.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5662+0.043%$120.1Mas long as short
Variational Omni XRP+0.0100%8h1.5607−0.305%$11.7M$30.5Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5645−0.064%$679K$102.8M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5674+0.122%$1.1M$41.0M20xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5669+0.088%$45K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5670+0.094%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5664+0.054%$843K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5669+0.089%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5664+0.056%$31K$1.9M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5655long leg$51.4M$15.4M75x
Phemex XRPUSDT+0.0100%8h1.5664+0.056%$55.7M$29.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5562−0.598%$1.7M$573K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5662+0.042%$488K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5665+0.065%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5663+0.050%$12K$264K20xas long as short
Extended XRP-USD+0.0104%1h1.5657+0.009%$2.2M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5669+0.090%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5670+0.095%$9K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5668+0.079%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5690+0.222%$24.6M$75.0M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5673+0.114%$5.9M$48.2M50xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5659+0.027%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5677+0.139%$2.0M$33.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0406%1h1.5667+0.075%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0601%1h1.5677+0.141%$297.5M$207.0M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5677+0.140%$511K$632K10xas long as short
Aftermath Perps XRPUSD+0.0767%1h1.5630−0.163%$1K$11K10xas long as short