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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0339%/8h= +37.2% APRnext payment +$0.42 per $10,000 · paid last 24h +0.124%
Price spread now: Aftermath Perps against Hibachi+0.126%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 4 days (all we have)no history yet
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 +$10 a day on $10k at the current rate, and Aftermath Perps is 0.126% dearer against Hibachi than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.53130.0104pay 0.0013% / 1h45m 23s$17K$76K7x
ShortAftermath Perps XRPUSD1.53320.0443get 0.0055% / 1h45m 23s$3K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Hibachi. 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
$71.29
Price spread: +0.126% → 0.000%
$12.59
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$65.88
Costs to cover
0.180%
Break-even
0.5 days
Slippage unknown: Hibachi: no order-book sample; Aftermath Perps: 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 Hibachi no order-book sample
Sell Aftermath Perps no order-book sample
Hibachi and Aftermath Perps: 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 50 exchanges

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%1h1.5356+0.283%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5313+0.003%$14.0M$70.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5286−0.177%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5340+0.178%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5315+0.015%$7.8M$21.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5311−0.012%$245K150xas long as short
01 Exchange XRPUSD+0.0008%1h1.5291−0.142%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.615%$2K$107K30xas long as short
SoDEX XRP-USD+0.0060%1h1.5310−0.017%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5290−0.148%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5295−0.115%$598K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5286−0.175%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5284−0.187%$10K$399K20xas long as short
Nado XRP-PERP+0.0100%1h1.5284−0.184%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5298−0.099%$297.8M$267.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5282−0.200%$39.2M$81.4M100xas long as short
Pacifica XRP+0.0100%1h1.5289−0.157%$590K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5283−0.195%$532.7M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5283−0.194%$360.5M$886.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5280−0.213%$124.5M$832.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5279−0.220%$562K$36K5xas long as short
Arcus XRP-USD+0.0100%1h1.5292−0.135%$164K$682K20xas long as short
Bulk XRP-USD+0.0100%1h1.5314+0.010%$1.6M$26K20xas long as short
Gate XRP_USDT+0.0100%8h1.5286−0.174%$380.0M$156.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5281−0.207%$308.6M$891.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5286−0.177%$105.0M$181.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5283−0.194%$271.2M$356.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5283−0.194%$99.5Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5315+0.015%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5309−0.027%$5.0M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5313+0.005%$665K$109.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5321+0.052%$1.1M$30.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5317+0.028%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5291−0.142%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5284−0.187%$52K$474K20xas long as short
Bullet XRP-USD+0.0100%1h1.5283−0.195%$41K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5283−0.194%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5316+0.024%$128K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5300−0.081%$49.9M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5312−0.004%$54.6M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5280−0.211%$2.2M$6.1M50xas long as short
Hibachi XRP/USDT-Plong+0.0104%1h1.5313long leg$17K$76K7x
Aevo XRP-PERP+0.0104%1h1.5277−0.230%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5308−0.030%$5.5M$43.9M50xas long as short
Kalshi KXXRPPERP+0.0135%8h1.5319+0.041%$1.9M$35.1M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0211% / S −0.0510%1h1.5283−0.191%$822K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5315+0.015%$23.9M$78.1M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5308−0.031%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5291−0.140%$513K$736K10xas long as short
Aftermath Perps XRPUSDshort+0.0443%1h1.5332+0.126%$3K$13K10x