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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Binance+0.004%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.004%, 7d avg −0.046%
Together, before fees−0.027%−$3 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 0.050% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.50890.0100pay 0.0100% / 8h2h 44m$530.8M$2.18B100x
ShortHTX XRP-USDT1.50900.0100get 0.0100% / 8h2h 44m$49.3M$15.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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: +0.004% → −0.046%
$4.95
Slippage, 4 orders
−$5.21
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$22.25
Costs to cover
0.272%
Break-even
never at this rate
Slippage from Binance: live order book, 14 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 Binance live order book, 14 min ago0.33 bp5.3 bp −$56.4 bp −$6411.8 bp −$1,17729.6 bp −$14.8K
Sell HTX live order book, 4 min ago0.76 bp9.7 bp −$1012.8 bp −$12839.9 bp −$3,987doesn'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
Hotstuff XRP-PERP−0.0080%1h1.5088−0.006%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5081−0.049%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5092+0.019%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5110+0.139%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5082−0.046%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5084−0.033%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.122%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5091+0.014%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5085−0.023%$791K200xas long as short
Lighter XRP+0.0096%1h1.5090+0.007%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5090+0.007%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5084−0.033%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5087−0.015%$937K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5092+0.020%$290.2M$258.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5088−0.007%$38.7M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5092+0.021%$605K$1.1M20xas long as short
Binance XRPUSDTlong+0.0100%8h1.5089long leg$530.8M$2.18B100x
Bybit XRPUSDT+0.0100%8h1.5088−0.006%$341.2M$951.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.50890.000%$125.3M$888.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5111+0.146%$562K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5086−0.020%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114+0.165%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.50890.000%$371.4M$155.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5090+0.007%$294.4M$906.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5087−0.011%$107.5M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5083−0.039%$267.5M$393.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5083−0.039%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5084−0.034%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5099+0.070%$656K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5088−0.004%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5107+0.120%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5092+0.020%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5086−0.019%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5080−0.059%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5078−0.073%$811K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5095+0.037%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5078−0.073%$28K$1.7M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5090+0.004%$49.3M$15.8M75x
Phemex XRPUSDT+0.0100%8h1.5082−0.046%$53.7M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5088−0.006%$470K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.50890.000%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5082−0.049%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5077−0.079%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0136%8h1.5094+0.033%$1.8M$35.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0180%1h1.5088−0.006%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5087−0.013%$5.6M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5088−0.007%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.50890.000%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0232%1h1.5088−0.008%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5085−0.025%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0623%1h1.5107+0.118%$2K$15K10xas long as short