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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0305%/8h= −33.4% APRnext payment $0.38 per $10,000 · paid last 24h −0.050%
Price spread now: 01 Exchange against Hyperliquid−0.020%49s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XRP1.52700.0449pay 0.0056% / 1h34m 47s$280.3M$179.9M20x
Short01 Exchange XRPUSD1.52670.0144get 0.0018% / 1h34m 47s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$64
Price spread: −0.020% → 0.000%
−$1.96
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$81.96
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; 01 Exchange: 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 Hyperliquid live order book, 9 min ago0.33 bp5.0 bp −$56.3 bp −$6311.0 bp −$1,101doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
GMX XRP/USD [ETH-USDC]L −0.0211% / S +0.0297%1h1.5255−0.097%$1.7M200xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5255−0.098%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5261−0.059%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5250−0.131%$68K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5257−0.085%$9.2M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5255−0.096%$255K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290+0.131%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0046%8h1.5251−0.124%$178K$788K50xas long as short
Lighter XRP+0.0096%1h1.5255−0.099%$3.0M$11.3M20xas long as short
Lighter RH XRP+0.0096%1h1.5258−0.079%$443K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5260−0.065%$1.0M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5263−0.049%$38.8M$71.6M100xas long as short
Pacifica XRP+0.0100%1h1.5261−0.061%$664K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5250−0.129%$545.4M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5250−0.131%$341.7M$834.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5250−0.131%$123.0M$827.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5253−0.111%$568K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5266−0.026%$114K$646K20xas long as short
Bulk XRP-USD+0.0100%1h1.5260−0.063%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5248−0.144%$355.6M$129.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5254−0.105%$290.0M$800.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5254−0.106%$112.4M$147.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5254−0.105%$265.5M$338.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5251−0.124%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5254−0.105%$6.2M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5214−0.364%$662K$95.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5240−0.196%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5264−0.039%$1.0M$848K50xas long as short
Vest XRP-PERP+0.0100%1h1.5256−0.091%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5262−0.052%$50K$474K20xas long as short
Bullet XRP-USD+0.0100%1h1.5255−0.096%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5253−0.109%$821K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5264−0.040%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5253−0.111%$29K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5240−0.193%$50.1M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5253−0.111%$54.5M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5263−0.045%$476K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5264−0.039%$12K$244K20xas long as short
Extended XRP-USD+0.0104%1h1.5252−0.120%$2.1M$7.3M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5253−0.113%$71K$40K3xas long as short
Backpack XRP_USDC_PERP+0.0124%1h1.52700.000%$1.7M$923K25xas long as short
01 Exchange XRPUSDshort+0.0144%1h1.5267−0.020%$8K$8K10x
Kraken Futures PF_XRPUSD+0.0171%1h1.5251−0.124%$15.3M$63.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5263−0.046%$5.4M$43.3M50xas long as short
Reya XRPRUSDPERP+0.0210%1h1.5258−0.078%$1.3M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5251−0.124%$23.8M$66.4M125xas long as short
Kalshi KXXRPPERP+0.0222%8h1.5266−0.026%$1.7M$31.7M2.9xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5250−0.130%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5271+0.009%$404K$496K10xas long as short
Hyperliquid XRPlong+0.0449%1h1.5270long leg$280.3M$179.9M20x
Aftermath Perps XRPUSD+0.0521%1h1.5250−0.130%$1K$10K10xas long as short