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−0.0180%/8h= −19.7% APRnext payment $0.22 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against Nado+0.003%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 airdropNado: Active · 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
LongNado XRP-PERP1.50820.0100pay 0.0012% / 1h16m 57s$976K$6.3M20x
ShortHotstuff XRP-PERP1.5083−0.0080pay 0.0010% / 1h16m 57s$5K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Nado. 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
−$37.8
Price spread: +0.003% → 0.000%
$0.33
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$49.47
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Nado: 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 Nado live order book, 2 min ago0.33 bp3.8 bp −$410.5 bp −$105doesn't fitdoesn'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%1h1.5083+0.003%$5K$3K20x
Kraken Futures PF_XRPUSD−0.0001%1h1.5079−0.021%$14.2M$74.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5079−0.021%$1.1M$133K10xas long as short
Phoenix XRP0.0000%1h1.5090+0.050%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5078−0.028%$244K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.166%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0071% / S −0.0014%1h1.5077−0.038%$794K200xas long as short
01 Exchange XRPUSD+0.0088%1h1.5085+0.017%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5081−0.008%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5081−0.010%$545K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5077−0.036%$10K$361K20xas long as short
Nado XRP-PERPlong+0.0100%1h1.5082long leg$976K$6.3M20x
Aster XRPUSDT+0.0100%8h1.5079−0.023%$38.3M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5084+0.011%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5074−0.058%$524.3M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5073−0.063%$343.9M$964.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5073−0.063%$126.0M$882.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5044−0.255%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5094+0.076%$144K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5026−0.371%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5079−0.023%$370.5M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5078−0.030%$287.9M$923.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5080−0.017%$105.5M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5069−0.090%$264.6M$397.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5079−0.023%$105.9Mas long as short
Variational Omni XRP+0.0100%8h1.5046−0.243%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5054−0.187%$654K$113.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5083+0.004%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5092+0.063%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5087+0.028%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5084+0.010%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5079−0.023%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5080−0.017%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5081−0.013%$811K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5089+0.045%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5082−0.003%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5083+0.001%$49.3M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5078−0.030%$53.8M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5096+0.086%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5068−0.099%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5080−0.013%$58K$25K3xas long as short
Hyperliquid XRP+0.0106%1h1.5094+0.076%$288.0M$262.1M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.0148%1h1.5087+0.030%$7.7M$25.5M50xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5090+0.050%$5.7M$48.4M50xas long as short
Backpack XRP_USDC_PERP+0.0192%1h1.5088+0.036%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5090+0.050%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0193%8h1.5090+0.050%$1.7M$35.7M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5077−0.034%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5077−0.036%$23.1M$77.0M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5089+0.045%$519K$786K10xas long as short
Aftermath Perps XRPUSD+0.0599%1h1.5059−0.159%$2K$16K10xas long as short