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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.041%
Price spread now: Hibachi against ApeX Omni+0.071%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 7 days+0.201%+$20 on $10k
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 +$5 a day on $10k at the current rate, and Hibachi is 0.071% dearer against ApeX Omni than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.51380.0100pay 0.0013% / 1h5m 15s$1.2M$1.1M50x
ShortHibachi XRP/USDT-P1.51490.0280get 0.0035% / 1h5m 15s$17K$82K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against ApeX Omni. 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: +0.071% → 0.000%
$7.12
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$25.92
Costs to cover
0.190%
Break-even
2.2 days
Slippage unknown: ApeX Omni: live order book, 4 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 ApeX Omni live order book, 4 min ago3.31 bp8.4 bp −$813.3 bp −$133doesn'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 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%1h1.5147+0.059%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5147+0.061%$1.1M$115K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5152+0.092%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149+0.069%$259K150xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5150+0.078%$14.3M$74.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.788%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5148+0.067%$794K200xas long as short
Lighter XRP+0.0096%1h1.5154+0.109%$2.8M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5156+0.119%$496K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5142+0.026%$10K$355K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5145+0.043%$978K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5147+0.059%$39.0M$86.0M100xas long as short
Pacifica XRP+0.0100%1h1.5152+0.092%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5146+0.053%$533.6M$2.17B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5147+0.059%$343.8M$947.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5146+0.053%$125.3M$886.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5150+0.079%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5153+0.099%$137K$721K20xas long as short
Bulk XRP-USD+0.0100%1h1.5138+0.003%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5149+0.073%$373.6M$158.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5147+0.059%$293.9M$910.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5147+0.060%$109.1M$178.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5146+0.053%$268.9M$391.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5147+0.059%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5147+0.058%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5113−0.162%$656K$111.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5150+0.079%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5138long leg$1.2M$1.1M50x
Vest XRP-PERP+0.0100%1h1.5147+0.057%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5150+0.079%$49K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5147+0.059%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5145+0.046%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5145+0.048%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5150+0.076%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148+0.066%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5152+0.093%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5152+0.092%$53.9M$31.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5157+0.125%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5144+0.037%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5145+0.046%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0160%1h1.5149+0.073%$8K$8K10xas long as short
Kalshi KXXRPPERP+0.0179%8h1.5156+0.119%$1.8M$35.3M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5153+0.099%$5.7M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5143+0.030%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5154+0.106%$24.2M$75.8M125xas long as short
Backpack XRP_USDC_PERP+0.0236%1h1.5162+0.159%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-Pshort+0.0280%1h1.5149+0.071%$17K$82K7x
RISEx XRP/USDC+0.0358%1h1.5152+0.093%$517K$777K10xas long as short
Hyperliquid XRP+0.0372%1h1.5159+0.139%$290.8M$255.8M20xas long as short
Phoenix XRP+0.0528%1h1.5150+0.079%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0635%1h1.5149+0.072%$2K$15K10xas long as short