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% APRpaid last 24h 0.000%
Price spread now: HTX against Bullet−0.008%7-day average · you buy dearer than you sell
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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.51690.0100pay 0.0013% / 1h33m 50s$41K$69K20x
ShortHTX XRP-USDT1.51680.0100get 0.0100% / 8h33m 50s$49.5M$15.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bullet. 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: −0.008% → 0.000%
−$0.79
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$20.79
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; HTX: live order book, 5 min ago. 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 Bullet no order-book sample
Sell HTX live order book, 5 min ago0.03 bp9.9 bp −$1011.6 bp −$11632.5 bp −$3,247doesn't fit
Bullet: 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%1h1.5138−0.204%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5131−0.251%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5167−0.014%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5165−0.026%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.578%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5160−0.057%$14.6M$73.9M50xas long as short
Lighter XRP+0.0096%1h1.5162−0.044%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5160−0.059%$603K$3.2M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5171+0.013%$8K$2K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5159−0.066%$20K$380K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5165−0.023%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5173+0.026%$38.4M$86.8M100xas long as short
Pacifica XRP+0.0100%1h1.5136−0.215%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5172+0.020%$530.9M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5172+0.020%$349.7M$956.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5175+0.040%$127.9M$869.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.066%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5170+0.007%$143K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.138%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.51690.000%$377.8M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.51690.000%$309.1M$923.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5169+0.001%$106.3M$184.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5167−0.013%$268.1M$390.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5167−0.013%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5150−0.128%$4.9M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5179+0.066%$659K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5210+0.270%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181+0.079%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5162−0.046%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5172+0.020%$52K$513K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5169long leg$41K$69K20x
Orderly PERP_XRP_USDC+0.0100%8h1.5161−0.053%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5140−0.191%$814K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5162−0.048%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5160−0.059%$29K$1.6M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5168−0.008%$49.5M$15.4M75x
Phemex XRPUSDT+0.0100%8h1.5157−0.079%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5135−0.225%$472K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0102% / S −0.0062%1h1.5155−0.093%$783K200xas long as short
Extended XRP-USD+0.0104%1h1.5165−0.024%$2.1M$6.9M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5169−0.001%$17K$78K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5156−0.082%$58K$25K3xas long as short
Hyperliquid XRP+0.0124%1h1.5168−0.004%$289.4M$267.9M20xas long as short
Backpack XRP_USDC_PERP+0.0144%1h1.5167−0.013%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5158−0.073%$5.6M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0188%8h1.51690.000%$1.8M$34.4M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5164−0.032%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5143−0.171%$23.6M$77.6M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5170+0.006%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5230+0.402%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0647%1h1.5188+0.128%$2K$16K10xas long as short