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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.044%
Price spread now: Hibachi against Gate+0.159%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+0.270%+$27 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 +$2 a day on $10k at the current rate, and Hibachi is 0.159% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XRP_USDT1.51210.0100pay 0.0100% / 8h1h 51m$371.9M$158.3M100x
ShortHibachi XRP/USDT-P1.51450.0168get 0.0021% / 1h51m 46s$17K$82K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Gate. 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
$14.28
Price spread: +0.159% → 0.000%
$15.87
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$6.15
Costs to cover
0.240%
Break-even
4.0 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago0.99 bp11.3 bp −$1113.2 bp −$13228.1 bp −$2,80840.2 bp −$20.1K
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%1h1.5138+0.112%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5122+0.010%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.126%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123+0.013%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5125+0.028%$14.4M$75.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.903%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5131+0.066%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0078% / S −0.0025%1h1.5122+0.007%$797K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5129+0.053%$7.7M$25.1M50xas long as short
Lighter XRP+0.0096%1h1.5123+0.012%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5124+0.020%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5123+0.013%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5127+0.041%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5123+0.013%$38.4M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5124+0.021%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5121−0.003%$527.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5119−0.013%$343.7M$967.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5119−0.013%$126.8M$889.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5129+0.053%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5127+0.040%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129+0.052%$1.6M$5K20xas long as short
Gate XRP_USDTlong+0.0100%8h1.5121long leg$371.9M$158.3M100x
MEXC XRP_USDT+0.0100%8h1.51210.000%$297.5M$917.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5124+0.017%$107.2M$182.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5118−0.020%$266.2M$399.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5120−0.007%$106.2Mas long as short
Variational Omni XRP+0.0100%8h1.5135+0.092%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5144+0.151%$658K$114.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.068%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156+0.231%$1.2M$1.2M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5126+0.033%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5123+0.015%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5124+0.020%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5125+0.028%$814K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5129+0.054%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5125+0.026%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5151+0.198%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5128+0.046%$54.0M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5127+0.039%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5134+0.083%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5118−0.017%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5124+0.017%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0155%1h1.5131+0.066%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0162%1h1.5134+0.086%$288.7M$264.1M20xas long as short
Hibachi XRP/USDT-Pshort+0.0168%1h1.5145+0.159%$17K$82K7x
Coinbase International XRP-PERP-INTX+0.0176%1h1.5130+0.060%$5.7M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5120−0.005%$1.3M$5K15xas long as short
Kalshi KXXRPPERP+0.0219%8h1.5148+0.179%$1.8M$35.4M2.9xas long as short
BloFin XRP-USDT+0.0220%8h1.5145+0.159%$23.5M$77.7M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5132+0.076%$522K$796K10xas long as short
Aftermath Perps XRPUSD+0.0558%1h1.5147+0.175%$2K$16K10xas long as short