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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Polymarket Perps−0.227%46s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 4 days (all we have)−0.264%−$26 · spread now −0.227%, 7d avg −0.056%
Together, before fees−0.174%−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.171% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.056%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps XRP-USD1.52240.0100pay 0.0013% / 1h10m 27s$42K$450K20x
ShortHTX XRP-USDT1.51890.0100get 0.0100% / 8h5h 10m$49.7M$15.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Polymarket Perps. 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: −0.227% → −0.056%
−$17.13
Slippage, 4 orders
−$13.71
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$50.85
Costs to cover
0.337%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 52 min ago; HTX: 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 Polymarket Perps live order book, 52 min ago0.99 bp8.0 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago0.03 bp9.0 bp −$911.8 bp −$11829.0 bp −$2,90197.7 bp −$48.8K

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%1h1.5226+0.013%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5223−0.007%$1.1M$110K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5215−0.058%$254K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.207%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0033% / S +0.0038%1h1.5210−0.089%$797K200xas long as short
01 Exchange XRPUSD+0.0064%1h1.5223−0.007%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0076%8h1.5220−0.026%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0078%1h1.5227+0.020%$7.7M$25.5M50xas long as short
Lighter XRP+0.0096%1h1.5226+0.013%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5229+0.033%$515K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5217−0.046%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5223−0.010%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5237+0.085%$283.1M$223.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5225+0.010%$38.5M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5228+0.023%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5223−0.009%$537.6M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5223−0.007%$347.4M$929.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.52240.000%$126.2M$874.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5180−0.289%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.52240.000%$115K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223−0.007%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.52240.000%$369.3M$153.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5223−0.007%$296.3M$903.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5226+0.015%$109.3M$171.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5208−0.105%$269.8M$380.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.52240.000%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5200−0.161%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5211−0.087%$661K$107.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5201−0.152%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5221−0.020%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5212−0.082%$11K10xas long as short
Polymarket Perps XRP-USDlong+0.0100%1h1.5224long leg$42K$450K20x
Bullet XRP-USD+0.0100%1h1.5212−0.076%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5221−0.022%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5214−0.066%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5222−0.013%$28K$1.7M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5189−0.227%$49.7M$15.6M75x
Phemex XRPUSDT+0.0100%8h1.5220−0.026%$54.1M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5224−0.002%$475K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5219−0.035%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5221−0.021%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0189%1h1.5233+0.059%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5211−0.084%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5203−0.140%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5223−0.007%$5.6M$46.7M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5225+0.007%$24.3M$75.5M125xas long as short
Kraken Futures PF_XRPUSD+0.0272%1h1.5223−0.008%$14.4M$73.2M50xas long as short
Kalshi KXXRPPERP+0.0345%8h1.5226+0.013%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5227+0.019%$518K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220−0.026%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0656%1h1.5218−0.037%$2K$14K10xas long as short