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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against Hibachi+0.195%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−0.220%−$22 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 $0 a day on $10k at the current rate, and Coinbase International is 0.195% dearer against Hibachi than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.220%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.53880.0104pay 0.0013% / 1h11m 38s$17K$76K7x
ShortCoinbase International XRP-PERP-INTX1.54180.0120get 0.0015% / 1h11m 38s$5.5M$45.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$3.36
Price spread: +0.195% → 0.000%
$19.53
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$3.89
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Hibachi: no order-book sample; Coinbase International: live order book, 6 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 Coinbase International live order book, 6 min ago0.32 bp7.6 bp −$810.2 bp −$10227.2 bp −$2,720doesn'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 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%1h1.5401+0.085%$5K$4K20xas long as short
dYdX XRP-USD0.0000%1h1.5401+0.083%$1.1M$155K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5399+0.073%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0009%1h1.5422+0.221%$7.9M$21.7M50xas long as short
Kraken Futures PF_XRPUSD+0.0015%1h1.5413+0.165%$14.2M$72.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.118%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0048%1h1.5401+0.085%$9K$1K10xas long as short
Lighter XRP+0.0096%1h1.5402+0.091%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5403+0.098%$606K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5401+0.086%$480K$50K50xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5390+0.013%$10K$396K20xas long as short
Nado XRP-PERP+0.0100%1h1.5397+0.062%$1.0M$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5396+0.052%$39.6M$82.2M100xas long as short
Pacifica XRP+0.0100%1h1.5402+0.091%$590K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5394+0.041%$536.7M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5395+0.046%$363.8M$898.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5393+0.033%$124.9M$846.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5406+0.117%$566K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5406+0.117%$165K$692K20xas long as short
Bulk XRP-USD+0.0100%1h1.5353−0.230%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5400+0.078%$380.2M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5396+0.052%$316.7M$918.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5403+0.095%$107.0M$182.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5398+0.065%$272.9M$359.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5395+0.046%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5377−0.070%$5.1M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5385−0.022%$669K$111.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5402+0.089%$1.1M$31.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5394+0.039%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5410+0.143%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5410+0.143%$53K$478K20xas long as short
Bullet XRP-USD+0.0100%1h1.5414+0.169%$42K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5415+0.176%$76K$607K50xas long as short
SunX XRP-USDT+0.0100%8h1.5413+0.163%$129K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5416+0.182%$31K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5405+0.111%$50.2M$14.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5413+0.163%$55.0M$33.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5393+0.030%$2.1M$5.8M50xas long as short
Hibachi XRP/USDT-Plong+0.0104%1h1.5388long leg$17K$76K7x
Aevo XRP-PERP+0.0104%1h1.5412+0.158%$59K$25K3xas long as short
Hyperliquid XRP+0.0118%1h1.5414+0.169%$299.9M$269.2M20xas long as short
Coinbase International XRP-PERP-INTXshort+0.0120%1h1.5418+0.195%$5.5M$45.7M50x
Kalshi KXXRPPERP+0.0150%8h1.5413+0.163%$1.9M$34.4M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0155% / S −0.0126%1h1.5382−0.036%$801K200xas long as short
Backpack XRP_USDC_PERP+0.0201%1h1.5411+0.150%$2.0M$1.3M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5394+0.039%$23.9M$79.2M125xas long as short
Reya XRPRUSDPERP+0.0222%1h1.5405+0.114%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0272%1h1.5403+0.099%$514K$786K10xas long as short
Aftermath Perps XRPUSD+0.0452%1h1.5390+0.012%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5410+0.143%$69K$109K15xas long as short