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+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Pacifica against Hotstuff+0.020%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 airdropHotstuff: Active · Pacifica: 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
LongHotstuff XRP-PERP1.5155−0.0080get 0.0010% / 1h33m 17s$5K$3K20x
ShortPacifica XRP1.51580.0100get 0.0013% / 1h33m 17s$610K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Hotstuff. 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
$37.8
Price spread: +0.020% → 0.000%
$1.98
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$26.78
Costs to cover
0.130%
Break-even
2.0 days
Slippage unknown: Hotstuff: no order-book sample; Pacifica: 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 Hotstuff no order-book sample
Sell Pacifica live order book, 6 min ago0.99 bp5.5 bp −$6doesn't fitdoesn't fitdoesn't fit
Hotstuff: 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
Kraken Futures PF_XRPUSD−0.0172%1h1.5172+0.109%$14.7M$74.5M50xas long as short
Hotstuff XRP-PERPlong−0.0080%1h1.5155long leg$5K$3K20x
dYdX XRP-USD0.0000%1h1.5164+0.061%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.099%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5198+0.284%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5173+0.119%$7.7M$23.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.672%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5197+0.277%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5171+0.103%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5162+0.046%$618K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5152−0.020%$20K$381K20xas long as short
Nado XRP-PERP+0.0100%1h1.5156+0.010%$991K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5158+0.017%$38.4M$84.4M100xas long as short
Pacifica XRPshort+0.0100%1h1.5158+0.020%$610K$1.1M20x
Binance XRPUSDT+0.0100%8h1.5158+0.020%$528.4M$2.17B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5159+0.026%$353.5M$939.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5162+0.046%$126.3M$849.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175+0.132%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5160+0.033%$143K$708K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201+0.304%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5159+0.026%$373.7M$153.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5160+0.033%$311.5M$916.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5159+0.026%$105.9M$183.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5166+0.073%$268.2M$381.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5153−0.013%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5200+0.297%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5198+0.284%$660K$112.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5198+0.284%$1.1M$33.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5222+0.442%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5172+0.114%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5162+0.046%$52K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5163+0.055%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5164+0.059%$77K$648K50xas long as short
Derive XRP-PERP+0.0100%1h1.5208+0.347%$818K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5162+0.046%$127K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5167+0.079%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5173+0.119%$49.5M$15.0M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5173+0.119%$54.1M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5160+0.033%$473K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5163+0.050%$2.1M$6.7M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5167+0.077%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.51550.000%$8K$2K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0118% / S −0.0084%1h1.5157+0.013%$786K200xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5168+0.086%$5.3M$47.7M50xas long as short
Kalshi KXXRPPERP+0.0171%8h1.5167+0.079%$1.7M$33.2M2.9xas long as short
Hyperliquid XRP+0.0184%1h1.5171+0.106%$289.7M$267.6M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5170+0.099%$23.7M$77.5M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5186+0.206%$1.3M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0225%1h1.5202+0.310%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5159+0.025%$519K$788K10xas long as short
Aftermath Perps XRPUSD+0.0555%1h1.5198+0.286%$2K$16K10xas long as short