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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against HTX−0.061%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$250.248% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.061%, 7d avg +0.041%
Together, before fees+0.163%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.102% cheaper against HTX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.51720.0100pay 0.0100% / 8h1h 44m$49.6M$15.7M75x
ShortNado XRP-PERP1.51620.0100get 0.0012% / 1h44m 25s$988K$6.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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
$0
Price spread: −0.061% → +0.041%
−$10.21
Slippage, 4 orders
−$5.75
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$34.97
Costs to cover
0.248%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; Nado: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 5 min ago0.03 bp7.9 bp −$89.5 bp −$9530.0 bp −$3,002119.0 bp −$59.5K
Sell Nado live order book, 5 min ago0.33 bp3.8 bp −$48.0 bp −$80doesn't fitdoesn't fit

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%1h1.5125−0.308%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5174+0.014%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5130−0.276%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160−0.078%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5149−0.151%$14.5M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.559%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5176+0.028%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5154−0.117%$7.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0080% / S −0.0028%1h1.5159−0.083%$799K200xas long as short
Lighter XRP+0.0096%1h1.5168−0.027%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5170−0.012%$546K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5165−0.045%$13K$368K20xas long as short
Nado XRP-PERPshort+0.0100%1h1.5162−0.061%$988K$6.4M20x
Aster XRPUSDT+0.0100%8h1.5164−0.054%$38.5M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5173+0.007%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5161−0.071%$530.4M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5152−0.131%$345.8M$969.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5152−0.131%$127.5M$892.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161−0.071%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5176+0.028%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.283%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5160−0.078%$373.2M$159.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5161−0.071%$298.0M$920.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5167−0.034%$107.4M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5149−0.150%$267.3M$400.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5154−0.117%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5118−0.356%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5138−0.222%$658K$114.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.256%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5143−0.190%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5161−0.073%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163−0.058%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5163−0.055%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5149−0.150%$65K$810K50xas long as short
Derive XRP-PERP+0.0100%1h1.5151−0.137%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5152−0.129%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5171−0.005%$30K$1.7M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5172long leg$49.6M$15.7M75x
Phemex XRPUSDT+0.0100%8h1.5169−0.018%$54.2M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5176+0.031%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5147−0.162%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5151−0.140%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0152%1h1.5182+0.067%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5171−0.005%$17K$79K7xas long as short
Hyperliquid XRP+0.0162%1h1.5172+0.001%$288.9M$264.8M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5174+0.015%$5.7M$48.4M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5158−0.089%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5172+0.001%$23.5M$78.1M125xas long as short
Kalshi KXXRPPERP+0.0221%8h1.5152−0.131%$1.7M$35.3M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5175+0.023%$523K$797K10xas long as short
Aftermath Perps XRPUSD+0.0553%1h1.5154−0.116%$2K$16K10xas long as short