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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h −0.073%
Price spread now: Hibachi against RISEx+0.022%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hibachi is 0.022% dearer against RISEx than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.52430.0316pay 0.0040% / 1h15m 49s$529K$806K10x
ShortHibachi XRP/USDT-P1.52470.0136get 0.0017% / 1h15m 49s$17K$79K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against RISEx. 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
−$37.86
Price spread: +0.022% → 0.000%
$2.19
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$50.67
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 28 min ago; Hibachi: 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 RISEx live order book, 28 min ago2.24 bp5.2 bp −$511.5 bp −$115doesn't fitdoesn't fit
Sell Hibachi no order-book sample
Hibachi: 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 50 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%1h1.5243−0.002%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5233−0.067%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5260+0.109%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5244+0.005%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0012%1h1.5244+0.004%$7.9M$24.8M50xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5238−0.036%$14.5M$75.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.077%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0089% / S −0.0042%1h1.5239−0.031%$786K200xas long as short
Lighter XRP+0.0096%1h1.5235−0.055%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5235−0.055%$548K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5234−0.061%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5244+0.001%$991K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5233−0.065%$38.7M$87.9M100xas long as short
Pacifica XRP+0.0100%1h1.5235−0.055%$619K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5233−0.068%$534.9M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5230−0.087%$349.4M$965.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5231−0.081%$127.9M$884.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5239−0.028%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5244+0.004%$145K$716K20xas long as short
Gate XRP_USDT+0.0100%8h1.5232−0.074%$378.1M$161.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5235−0.055%$311.3M$931.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5235−0.053%$107.9M$182.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5229−0.094%$269.3M$397.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5232−0.074%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5233−0.069%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231−0.078%$662K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5240−0.024%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.258%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5245+0.011%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5241−0.015%$65K$508K20xas long as short
Bullet XRP-USD+0.0100%1h1.5241−0.018%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5239−0.028%$76K$685K50xas long as short
SunX XRP-USDT+0.0100%8h1.5247+0.021%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5241−0.015%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5238−0.036%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5242−0.009%$54.6M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5206−0.245%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5247+0.025%$475K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5227−0.107%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5240−0.021%$59K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5248+0.031%$9K$2K10xas long as short
Hibachi XRP/USDT-Pshort+0.0136%1h1.5247+0.022%$17K$79K7x
Coinbase International XRP-PERP-INTX+0.0176%1h1.5247+0.024%$5.7M$48.5M50xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5247+0.024%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0215%1h1.5248+0.031%$290.7M$265.6M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5249+0.037%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5245+0.011%$23.7M$78.4M125xas long as short
Kalshi KXXRPPERP+0.0225%8h1.5245+0.011%$1.8M$35.2M2.9xas long as short
RISEx XRP/USDClong+0.0316%1h1.5243long leg$529K$806K10x
Aftermath Perps XRPUSD+0.0657%1h1.5232−0.073%$2K$16K10xas long as short