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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%
Price spread now: HTX against edgeX−0.031%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.031%, 7d avg −0.023%
Together, before fees+0.185%+ Points / potential airdropedgeX: Active · farm board+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XRPUSDC1.50930.0100pay 0.0050% / 4h2h 36m$655K$108.6M30x
ShortHTX XRP-USDT1.50880.0100get 0.0100% / 8h6h 36m$49.4M$15.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against edgeX. 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: −0.031% → −0.023%
−$0.72
Slippage, 4 orders
−$11.72
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$33.44
Costs to cover
0.327%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 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 edgeX live order book, 3 min ago1.00 bp5.5 bp −$55.7 bp −$578.6 bp −$863doesn't fit
Sell HTX live order book, 3 min ago0.56 bp12.0 bp −$1214.4 bp −$14437.6 bp −$3,758doesn'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%1h1.5078−0.099%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5095+0.015%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5100+0.046%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5124+0.205%$252K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0021% / S +0.0063%1h1.5088−0.033%$827K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.094%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5088−0.031%$14.6M$72.9M50xas long as short
Orderly PERP_XRP_USDC+0.0070%8h1.5083−0.066%$57K$945K50xas long as short
Lighter XRP+0.0096%1h1.5104+0.071%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5104+0.073%$516K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5110+0.113%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5110+0.111%$800K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5104+0.070%$38.4M$84.5M100xas long as short
Pacifica XRP+0.0100%1h1.5106+0.089%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5120+0.177%$536.9M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5119+0.172%$339.9M$944.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5125+0.212%$123.6M$871.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5069−0.159%$561K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5116+0.152%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101+0.053%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5109+0.106%$366.6M$151.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5130+0.245%$289.4M$906.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5126+0.221%$106.7M$172.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5125+0.212%$265.5M$385.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5111+0.119%$127.4Mas long as short
Variational Omni XRP+0.0100%8h1.5098+0.034%$6.2M$35.8Mas long as short
edgeX XRPUSDClong+0.0100%4h1.5093long leg$655K$108.6M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5084−0.061%$1.1M$38.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5108+0.099%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5115+0.145%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5129+0.238%$45K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5128+0.231%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5085−0.053%$812K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5100+0.046%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5091−0.013%$29K$1.7M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5088−0.031%$49.4M$15.5M75x
Phemex XRPUSDT+0.0100%8h1.5092−0.007%$53.6M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5112+0.125%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5107+0.091%$2.0M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5083−0.067%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5120+0.179%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0148%1h1.5091−0.013%$7.6M$25.4M50xas long as short
Hyperliquid XRP+0.0206%1h1.5138+0.298%$279.9M$220.8M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5124+0.208%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.50930.000%$5.7M$46.5M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.663%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5094+0.005%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0330%1h1.5105+0.079%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0340%8h1.5097+0.026%$2.1M$36.1M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5121+0.185%$535K$783K10xas long as short
Aftermath Perps XRPUSD+0.0798%1h1.5117+0.157%$2K$14K10xas long as short