Funding you earn now, next payment 22:00 UTC+0.0338%/8h= +37.1% APRpaid last 24h +0.063%
Price spread now: Hyperliquid against HTX−0.013%7-day average +0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 3 days (all we have)+0.417%+$42 · spread now −0.013%, 7d avg +0.115%
=Together, before fees+0.488%+ Points / potential airdropHyperliquid: Season 2 · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.128% cheaper against HTX than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.115%). If the spread goes back, that is −$13 on $10k: about 30 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.070% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XRP-USDT | 1.5236 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $50.1M | $14.6M | 75x |
| Short | Hyperliquid XRP | 1.5234 | 0.0438 | get 0.0055% / 1h | 39m 39s | $279.4M | $179.2M | 20x |
HTX XRP-USDT
Hyperliquid XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $71.06
- Price spread: −0.013% → +0.115%
- −$12.77
- Slippage, 4 orders
- −$6.61
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $30.68
- Costs to cover
- 0.276%
- Break-even
- 4.0 days
Slippage from HTX: live order book, 5 min ago; Hyperliquid: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 5 min ago | 0.03 bp | 8.6 bp −$9 | 12.3 bp −$123 | 32.2 bp −$3,224 | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.33 bp | 4.8 bp −$5 | 4.8 bp −$48 | 9.6 bp −$964 | doesn't fit |
XRP on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0211% / S +0.0297% | 1h | 1.5252 | +0.103% | $1.7M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5253 | +0.112% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5210 | −0.171% | $1.1M | $100K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5270 | +0.223% | $68K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5246 | +0.066% | $9.3M | $23.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5248 | +0.076% | $255K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | +0.354% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0047% | 8h | 1.5239 | +0.020% | $178K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5216 | −0.133% | $2.9M | $11.3M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5220 | −0.105% | $442K | $3.1M | 20x | as long as short |
GMX XRP/USD [ETH-USDC]
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5265 | +0.191% | $1.1M | $5.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5231 | −0.030% | $38.7M | $71.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5212 | −0.157% | $662K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5206 | −0.200% | $543.6M | $1.83B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5205 | −0.203% | $340.9M | $832.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5203 | −0.217% | $122.5M | $822.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5254 | +0.118% | $568K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5209 | −0.177% | $115K | $645K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5260 | +0.160% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5202 | −0.223% | $354.6M | $128.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5205 | −0.203% | $289.6M | $797.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5216 | −0.129% | $111.3M | $146.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5202 | −0.223% | $264.0M | $336.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5210 | −0.171% | — | $112.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5263 | +0.174% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5198 | −0.247% | $660K | $95.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5187 | −0.320% | $1.1M | $41.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5201 | −0.230% | $1.0M | $830K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5261 | +0.162% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5270 | +0.223% | $51K | $459K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5250 | +0.094% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5240 | +0.025% | $821K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5272 | +0.234% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5243 | +0.046% | $29K | $1.9M | 10x | as long as short |
| HTX XRP-USDTlong | +0.0100% | 8h | 1.5236 | long leg | $50.1M | $14.6M | 75x | |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5252 | +0.105% | $54.5M | $28.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5206 | −0.200% | $474K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5214 | −0.144% | $11K | $244K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5201 | −0.232% | $2.1M | $7.3M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5240 | +0.029% | $71K | $40K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0113% | 1h | 1.5258 | +0.144% | $1.7M | $931K | 25x | as long as short |
| 01 Exchange XRPUSD | +0.0152% | 1h | 1.5209 | −0.177% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0171% | 1h | 1.5246 | +0.064% | $15.2M | $62.8M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5252 | +0.105% | $5.3M | $42.8M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0210% | 1h | 1.5266 | +0.199% | $1.3M | $10K | 15x | as long as short |
| Kalshi KXXRPPERP | +0.0216% | 8h | 1.5258 | +0.144% | $1.7M | $31.7M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5262 | +0.171% | $24.0M | $66.0M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5268 | +0.209% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5213 | −0.151% | $403K | $498K | 10x | as long as short |
| Hyperliquid XRPshort | +0.0438% | 1h | 1.5234 | −0.013% | $279.4M | $179.2M | 20x | |
| Aftermath Perps XRPUSD | +0.0502% | 1h | 1.5245 | +0.058% | $1K | $10K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
Kalshi KXXRPPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
RISEx XRP/USDC
Aftermath Perps XRPUSD