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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.043%
Price spread now: Hibachi against HTX+0.302%7-day average · 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 days+0.197%+$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hibachi is 0.302% dearer against HTX than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.50350.0100pay 0.0100% / 8h2h 33m$49.1M$15.8M75x
ShortHibachi XRP/USDT-P1.50800.0216get 0.0027% / 1h33m 39s$17K$82K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi 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
$24.36
Price spread: +0.302% → 0.000%
$30.2
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$33.56
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: HTX: live order book, 5 min ago; Hibachi: 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, 5 min ago0.03 bp8.8 bp −$910.6 bp −$10628.4 bp −$2,843119.4 bp −$59.7K
Sell Hibachi no order-book sample
Hibachi: 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%1h1.5022−0.085%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5027−0.053%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5007−0.186%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.234%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5030−0.032%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5030−0.033%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.493%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5028−0.044%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5016−0.125%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5010−0.168%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5014−0.138%$494K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5013−0.145%$11K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5044+0.065%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5019−0.105%$287.7M$259.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5012−0.152%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5014−0.140%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5015−0.131%$526.4M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5015−0.132%$341.1M$959.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5015−0.132%$124.2M$888.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4998−0.245%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5024−0.072%$136K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.147%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5016−0.125%$368.3M$157.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5014−0.138%$284.2M$912.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5008−0.179%$106.2M$180.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5013−0.145%$265.1M$396.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5014−0.138%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.215%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056+0.142%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.214%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062+0.181%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5045+0.070%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5040+0.035%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5029−0.039%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5027−0.052%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5024−0.071%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5029−0.036%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5027−0.052%$28K$1.7M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5035long leg$49.1M$15.8M75x
Phemex XRPUSDT+0.0100%8h1.5028−0.045%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5014−0.140%$468K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5011−0.161%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5025−0.068%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0133%8h1.5049+0.094%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0170%1h1.5033−0.012%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5031−0.025%$5.6M$48.3M50xas long as short
Hibachi XRP/USDT-Pshort+0.0216%1h1.5080+0.302%$17K$82K7x
Reya XRPRUSDPERP+0.0218%1h1.5032−0.016%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.294%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5024−0.069%$512K$777K10xas long as short
Aftermath Perps XRPUSD+0.0601%1h1.5061+0.177%$2K$15K10xas long as short