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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.031%
Price spread now: Hibachi against 01 Exchange+0.087%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hibachi is 0.087% dearer against 01 Exchange than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51720.0104pay 0.0013% / 1h20m 03s$8K$8K10x
ShortHibachi XRP/USDT-P1.51850.0200get 0.0025% / 1h20m 03s$17K$82K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against 01 Exchange. 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
$20.16
Price spread: +0.087% → 0.000%
$8.67
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$12.83
Costs to cover
0.160%
Break-even
2.5 days
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample
Sell Hibachi no order-book sample
01 Exchange and 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 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%1h1.51720.000%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5165−0.045%$14.3M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5177+0.034%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5190+0.119%$68K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5170−0.013%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5165−0.046%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.557%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0044% / S +0.0024%1h1.5164−0.052%$791K200xas long as short
Orderly PERP_XRP_USDC+0.0087%8h1.5167−0.033%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5171−0.007%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5171−0.007%$499K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5163−0.059%$11K$326K20xas long as short
Nado XRP-PERP+0.0100%1h1.5164−0.056%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5175+0.020%$280.7M$227.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5167−0.036%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5181+0.058%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5164−0.053%$535.1M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5164−0.053%$347.4M$934.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5165−0.046%$126.2M$874.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5176+0.026%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5180+0.053%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174+0.014%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5165−0.046%$369.9M$154.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5163−0.059%$291.2M$901.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5171−0.008%$108.3M$174.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5165−0.046%$268.4M$384.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5168−0.026%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5167−0.035%$5.1M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.51720.000%$659K$108.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5174+0.013%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5192+0.132%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5168−0.026%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5167−0.033%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5168−0.028%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5181+0.061%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5170−0.013%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5176+0.028%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5166−0.040%$54.1M$30.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5181+0.056%$473K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5168−0.028%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5165−0.043%$2.0M$6.8M50xas long as short
01 Exchange XRPUSDlong+0.0104%1h1.5172long leg$8K$8K10x
Aevo XRP-PERP+0.0104%1h1.5166−0.042%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0181%1h1.5173+0.007%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5173+0.007%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-Pshort+0.0200%1h1.5185+0.087%$17K$82K7x
Reya XRPRUSDPERP+0.0216%1h1.5165−0.046%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5169−0.020%$24.1M$76.1M125xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5180+0.053%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5180+0.055%$517K$776K10xas long as short
Aftermath Perps XRPUSD+0.0650%1h1.5173+0.010%$2K$15K10xas long as short