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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0176%/8h= −19.3% APRnext payment $0.22 per $10,000 · paid last 24h −0.053%
Price spread now: Hotstuff against Lighter RH+0.006%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · Hotstuff: Active · 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: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XRP1.53890.0096pay 0.0012% / 1h56m 05s$514K$3.2M20x
ShortHotstuff XRP-PERP1.5390−0.0080pay 0.0010% / 1h56m 05s$7K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Lighter RH. 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
−$36.96
Price spread: +0.006% → 0.000%
$0.65
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$41.31
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 2 min ago; Hotstuff: 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 Lighter RH live order book, 2 min ago1.63 bp1.6 bp −$24.4 bp −$4438.8 bp −$3,876doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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-PERPshort−0.0080%1h1.5390+0.006%$7K$2K20x
dYdX XRP-USD0.0000%1h1.5379−0.062%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5350−0.253%$68K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5369−0.128%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0008% / S +0.0088%1h1.5366−0.148%$843K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.111%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0061%8h1.5372−0.110%$75K$910K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0075%1h1.5383−0.039%$9.3M$25.6M50xas long as short
Lighter XRP+0.0096%1h1.5382−0.047%$2.9M$13.6M20xas long as short
Lighter RH XRPlong+0.0096%1h1.5389long leg$514K$3.2M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange XRPUSD+0.0096%1h1.5382−0.045%$8K$8K10xas long as short
Katana Perps XRP-USD+0.0100%8h1.5379−0.065%$12K$271K20xas long as short
Nado XRP-PERP+0.0100%1h1.5372−0.111%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5383−0.038%$39.0M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5386−0.020%$636K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5382−0.047%$541.4M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5381−0.052%$341.1M$932.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5381−0.052%$125.6M$887.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5339−0.325%$572K$47K5xas long as short
Arcus XRP-USD+0.0100%1h1.5380−0.058%$116K$707K20xas long as short
Bulk XRP-USD+0.0100%1h1.5337−0.338%$1.7M$565K20xas long as short
Gate XRP_USDT+0.0100%8h1.5382−0.045%$375.0M$147.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5385−0.026%$302.8M$889.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5381−0.051%$110.0M$167.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5386−0.019%$269.8M$378.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5383−0.039%$123.2Mas long as short
Variational Omni XRP+0.0100%8h1.5388−0.004%$6.5M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5357−0.208%$667K$106.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5369−0.130%$1.1M$40.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5352−0.240%$1.0M$902K50xas long as short
Vest XRP-PERP+0.0100%1h1.5368−0.138%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5376−0.084%$48K$458K20xas long as short
Bullet XRP-USD+0.0100%1h1.5368−0.136%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5376−0.084%$828K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5375−0.092%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5379−0.065%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5372−0.114%$50.4M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5385−0.026%$54.7M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5377−0.077%$479K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5378−0.074%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5371−0.116%$55K$18K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5364−0.160%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5390+0.006%$24.0M$75.1M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5388−0.006%$5.8M$47.0M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5383−0.042%$14.9M$70.2M50xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5344−0.292%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0318%8h1.5390+0.006%$2.1M$35.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0326%1h1.5390+0.006%$1.8M$1.2M25xas long as short
Hyperliquid XRP+0.0560%1h1.5398+0.058%$292.0M$217.1M20xas long as short
Aftermath Perps XRPUSD+0.0776%1h1.5361−0.182%$1K$11K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5383−0.036%$513K$753K10xas long as short