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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0108%/8h= −11.8% APRnext payment $0.13 per $10,000 · paid last 24h −0.040%
Price spread now: ApeX Omni against Hibachi+0.044%55s7-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−0.199%−$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.044% dearer against Hibachi than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.51400.0208pay 0.0026% / 1h7m 32s$17K$82K7x
ShortApeX Omni XRPUSDT1.51470.0100get 0.0013% / 1h7m 32s$1.2M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
−$22.68
Price spread: +0.044% → 0.000%
$4.36
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$37.32
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; ApeX Omni: live order book, 1 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 Hibachi no order-book sample
Sell ApeX Omni live order book, 1 min ago1.65 bp7.8 bp −$812.6 bp −$126doesn't fitdoesn't fit
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%1h1.5136−0.029%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5129−0.073%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5126−0.094%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.003%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5131−0.063%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5138−0.016%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.771%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0046% / S +0.0021%1h1.5130−0.068%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0091%8h1.5132−0.055%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5130−0.067%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5131−0.062%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5113−0.181%$10K$330K20xas long as short
Nado XRP-PERP+0.0100%1h1.5126−0.092%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5140−0.003%$280.3M$227.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5125−0.101%$38.3M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5124−0.108%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5120−0.135%$532.8M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5120−0.135%$345.1M$936.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5124−0.108%$126.7M$874.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5133−0.049%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5121−0.128%$110K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5130−0.066%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5119−0.141%$368.6M$154.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5122−0.122%$292.7M$903.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5124−0.106%$107.7M$175.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5121−0.128%$267.6M$384.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5119−0.141%$127.2Mas long as short
Variational Omni XRP+0.0100%8h1.5139−0.011%$5.2M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141+0.007%$658K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5130−0.069%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDTshort+0.0100%1h1.5147+0.044%$1.2M$1.1M50x
Vest XRP-PERP+0.0100%1h1.5124−0.106%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5123−0.115%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5133−0.049%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5135−0.034%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5137−0.020%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5136−0.029%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5126−0.098%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5134−0.042%$53.8M$31.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5126−0.095%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5118−0.146%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5133−0.047%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5121−0.128%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0187%1h1.5138−0.016%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5141+0.004%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-Plong+0.0208%1h1.5140long leg$17K$82K7x
Reya XRPRUSDPERP+0.0216%1h1.5120−0.133%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5134−0.042%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5141+0.004%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5123−0.118%$515K$773K10xas long as short
Aftermath Perps XRPUSD+0.0685%1h1.5141+0.002%$2K$15K10xas long as short