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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Arcus−0.059%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.461%−$46 · spread now −0.059%, 7d avg −0.042%
Together, before fees−0.453%−$45 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus XRP-USD1.52060.0100pay 0.0013% / 1h36m 13s$143K$708K20x
ShortHTX XRP-USDT1.51970.0100get 0.0100% / 8h7h 36m$49.6M$15.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Arcus. 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: −0.059% → −0.042%
−$1.64
Slippage, 4 orders
−$10.5
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$28.64
Costs to cover
0.270%
Break-even
never at this rate
Slippage from Arcus: live order book, 63 min ago; HTX: live order book, 3 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 Arcus live order book, 63 min ago0.99 bp5.1 bp −$58.0 bp −$8029.3 bp −$2,927doesn't fit
Sell HTX live order book, 3 min ago0.49 bp8.2 bp −$811.8 bp −$11830.1 bp −$3,015doesn't fit

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
Kraken Futures PF_XRPUSD−0.0171%1h1.5210+0.028%$14.7M$74.9M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5218+0.079%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5208+0.013%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.092%$68K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5213+0.046%$7.7M$23.8M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5202−0.026%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.328%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5214+0.055%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5208+0.012%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5212+0.039%$620K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5198−0.053%$20K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5194−0.076%$993K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5208+0.013%$38.5M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5206+0.001%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5205−0.004%$530.0M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5204−0.013%$354.8M$943.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5205−0.007%$126.8M$853.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5173−0.217%$566K$33K5xas long as short
Arcus XRP-USDlong+0.0100%1h1.5206long leg$143K$708K20x
Bulk XRP-USD+0.0100%1h1.5201−0.033%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5204−0.013%$374.8M$153.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5205−0.007%$312.7M$914.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5209+0.016%$106.2M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5204−0.013%$269.1M$382.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5207+0.007%$108.8Mas long as short
Variational Omni XRP+0.0100%8h1.5191−0.099%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5194−0.079%$662K$112.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5186−0.129%$1.1M$33.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5199−0.046%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5205−0.004%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5199−0.046%$52K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5198−0.054%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5205−0.007%$78K$648K50xas long as short
Derive XRP-PERP+0.0100%1h1.5214+0.053%$818K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5210+0.028%$127K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5208+0.013%$30K$1.5M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5197−0.059%$49.6M$15.1M75x
Phemex XRPUSDT+0.0100%8h1.5207+0.007%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5207+0.009%$474K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5201−0.030%$2.1M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5204−0.011%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0118% / S −0.0083%1h1.5201−0.030%$788K200xas long as short
01 Exchange XRPUSD+0.0120%1h1.5202−0.026%$9K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5207+0.007%$5.5M$47.7M50xas long as short
Kalshi KXXRPPERP+0.0171%8h1.5209+0.020%$1.7M$33.2M2.9xas long as short
Hyperliquid XRP+0.0189%1h1.5220+0.092%$290.8M$267.2M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5209+0.020%$23.7M$78.0M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5205−0.005%$1.3M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0231%1h1.5216+0.066%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5201−0.034%$522K$798K10xas long as short
Aftermath Perps XRPUSD+0.0554%1h1.5208+0.011%$2K$16K10xas long as short