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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.063%
Price spread now: 01 Exchange against Hotstuff+0.026%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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and 01 Exchange is 0.026% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5255−0.0080get 0.0010% / 1h16m 49s$5K$3K20x
Short01 Exchange XRPUSD1.52590.0112get 0.0014% / 1h16m 49s$9K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$40.32
Price spread: +0.026% → 0.000%
$2.62
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$30.94
Costs to cover
0.120%
Break-even
1.6 days
Slippage unknown: Hotstuff: no order-book sample; 01 Exchange: 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 Hotstuff no order-book sample
Sell 01 Exchange no order-book sample
Hotstuff and 01 Exchange: 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 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-PERPlong−0.0080%1h1.5255long leg$5K$3K20x
dYdX XRP-USD0.0000%1h1.5249−0.037%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5260+0.033%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5244−0.071%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0012%1h1.5248−0.046%$7.9M$24.8M50xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5244−0.069%$14.5M$75.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.999%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0088% / S −0.0041%1h1.5244−0.070%$787K200xas long as short
Lighter XRP+0.0096%1h1.5242−0.084%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5249−0.039%$548K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5250−0.033%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5254−0.003%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5245−0.062%$38.7M$87.9M100xas long as short
Pacifica XRP+0.0100%1h1.5256+0.006%$620K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5245−0.066%$534.9M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5241−0.092%$349.8M$965.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5241−0.092%$128.1M$885.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5239−0.105%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5261+0.039%$145K$716K20xas long as short
Gate XRP_USDT+0.0100%8h1.5242−0.085%$378.4M$161.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5246−0.059%$311.5M$931.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5246−0.056%$107.9M$182.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5239−0.105%$269.5M$397.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5242−0.085%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5198−0.375%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231−0.154%$662K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5240−0.101%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.334%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5255−0.002%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.52550.000%$66K$507K20xas long as short
Bullet XRP-USD+0.0100%1h1.5246−0.056%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5243−0.079%$66K$746K50xas long as short
SunX XRP-USDT+0.0100%8h1.5249−0.037%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5245−0.066%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5257+0.011%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5242−0.085%$54.6M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5206−0.321%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5260+0.032%$476K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5240−0.097%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5242−0.085%$59K$25K3xas long as short
01 Exchange XRPUSDshort+0.0112%1h1.5259+0.026%$9K$2K10x
Hibachi XRP/USDT-P+0.0144%1h1.5231−0.158%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5253−0.013%$5.7M$48.5M50xas long as short
Backpack XRP_USDC_PERP+0.0190%1h1.5254−0.007%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0216%1h1.52550.000%$290.8M$265.5M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5249−0.040%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5245−0.066%$23.7M$78.4M125xas long as short
Kalshi KXXRPPERP+0.0224%8h1.5257+0.013%$1.8M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5259+0.026%$533K$802K10xas long as short
Aftermath Perps XRPUSD+0.0653%1h1.5226−0.187%$2K$16K10xas long as short