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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0164%/8h= −18.0% APRnext payment $0.20 per $10,000 · paid last 24h −0.041%
Price spread now: Vest against Hibachi−0.019%7-day average · you buy dearer than you sell
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 3 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 · Vest: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.51810.0264pay 0.0033% / 1h38m 59s$17K$82K7x
ShortVest XRP-PERP1.51780.0100get 0.0013% / 1h38m 59s$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$34.44
Price spread: −0.019% → 0.000%
−$1.91
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$47.35
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; Vest: 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 Vest no order-book sample
Hibachi and Vest: 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%1h1.5178−0.021%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5177−0.026%$1.1M$111K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5169−0.079%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5175−0.041%$7.8M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5173−0.052%$14.4M$74.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.495%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0052% / S +0.0012%1h1.5169−0.078%$779K200xas long as short
Lighter XRP+0.0096%1h1.5178−0.021%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5178−0.021%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5182+0.005%$12K$343K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_XRP_USDC+0.0100%8h1.5170−0.074%$62K$934K50xas long as short
Nado XRP-PERP+0.0100%1h1.5176−0.031%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5170−0.072%$38.3M$84.6M100xas long as short
Pacifica XRP+0.0100%1h1.5178−0.023%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5172−0.061%$533.0M$2.14B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5176−0.035%$345.9M$941.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5174−0.048%$127.0M$886.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151−0.199%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5184+0.018%$118K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5203+0.144%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5167−0.094%$370.3M$154.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5177−0.028%$293.3M$900.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5176−0.033%$108.9M$177.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5176−0.035%$268.9M$388.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5170−0.074%$127.5Mas long as short
Variational Omni XRP+0.0100%8h1.5173−0.055%$4.9M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5161−0.130%$658K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5181−0.002%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5209+0.183%$1.2M$1.1M50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5178−0.019%$11K10x
Polymarket Perps XRP-USD+0.0100%1h1.5183+0.012%$45K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5174−0.048%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5173−0.053%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5182+0.008%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5173−0.054%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5177−0.029%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5174−0.048%$54.1M$31.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5179−0.015%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5173−0.053%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5170−0.074%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5189+0.051%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5178−0.021%$5.6M$47.6M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5178−0.020%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5170−0.074%$24.2M$76.0M125xas long as short
Hibachi XRP/USDT-Plong+0.0264%1h1.5181long leg$17K$82K7x
Kalshi KXXRPPERP+0.0277%8h1.5177−0.028%$2.0M$35.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0292%1h1.5178−0.021%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0321%1h1.5182+0.005%$291.9M$235.3M20xas long as short
RISEx XRP/USDC+0.0358%1h1.5185+0.027%$517K$774K10xas long as short
Phoenix XRP+0.0528%1h1.5170−0.074%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0666%1h1.5190+0.055%$2K$15K10xas long as short