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 −0.084%
Price spread now: Gate against Hyperliquid−0.040%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 7 days+0.015%+$1 · spread now −0.040%, 7d avg −0.044%
Together, before fees−0.145%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XRP1.51200.0100pay 0.0013% / 1h4m 35s$279.9M$227.9M20x
ShortGate XRP_USDT1.51140.0100get 0.0100% / 8h4h 04m$368.5M$154.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Hyperliquid. 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: −0.040% → −0.044%
$0.46
Slippage, 4 orders
−$8.14
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$31.68
Costs to cover
0.321%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Gate: live order book, 4 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 Hyperliquid live order book, 9 min ago0.66 bp5.7 bp −$66.9 bp −$6911.8 bp −$1,180doesn't fit
Sell Gate live order book, 4 min ago0.33 bp8.5 bp −$812.5 bp −$12525.6 bp −$2,56235.2 bp −$17.6K

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%1h1.5112−0.053%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5107−0.087%$14.2M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5109−0.070%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.51200.000%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5112−0.053%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5108−0.080%$252K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.910%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0046% / S +0.0020%1h1.5108−0.077%$788K200xas long as short
Orderly PERP_XRP_USDC+0.0092%8h1.5111−0.060%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5114−0.042%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5112−0.053%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5111−0.060%$10K$330K20xas long as short
Nado XRP-PERP+0.0100%1h1.5111−0.061%$1.1M$6.0M20xas long as short
Hyperliquid XRPlong+0.0100%1h1.5120long leg$279.9M$227.9M20x
Aster XRPUSDT+0.0100%8h1.5112−0.053%$38.2M$83.7M100xas long as short
Pacifica XRP+0.0100%1h1.5113−0.049%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5113−0.043%$532.0M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5115−0.033%$345.0M$937.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5117−0.020%$126.7M$873.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5096−0.159%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5118−0.013%$110K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114−0.040%$1.6M$49K20xas long as short
Gate XRP_USDTshort+0.0100%8h1.5114−0.040%$368.5M$154.8M100x
MEXC XRP_USDT+0.0100%8h1.5114−0.040%$293.9M$903.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5111−0.060%$107.6M$175.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5115−0.033%$267.5M$384.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5109−0.073%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5110−0.067%$5.2M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5121+0.009%$657K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5115−0.031%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124+0.026%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5114−0.041%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5114−0.040%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5113−0.047%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5111−0.061%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5114−0.037%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5110−0.066%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5109−0.072%$49.4M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5112−0.053%$53.7M$31.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5110−0.067%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5113−0.045%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5109−0.073%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5118−0.013%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0185%1h1.5119−0.007%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5117−0.020%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5114−0.042%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5111−0.058%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5108−0.079%$24.1M$75.9M125xas long as short
Kalshi KXXRPPERP+0.0314%8h1.5117−0.020%$2.1M$34.8M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5121+0.005%$515K$773K10xas long as short
Aftermath Perps XRPUSD+0.0695%1h1.5128+0.055%$2K$15K10xas long as short