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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0035%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.072%
Price spread now: 01 Exchange against Hyperliquid−0.106%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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.106% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XRP1.51260.0171pay 0.0021% / 1h42m 29s$280.0M$223.8M20x
Short01 Exchange XRPUSD1.51100.0136get 0.0017% / 1h42m 29s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Hyperliquid. 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
−$7.41
Price spread: −0.106% → 0.000%
−$10.58
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$33.98
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 12 min ago; 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 Hyperliquid live order book, 12 min ago0.66 bp5.5 bp −$67.5 bp −$7513.1 bp −$1,307doesn't fit
Sell 01 Exchange no order-book sample
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 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%1h1.5114−0.079%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5109−0.112%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.225%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5139+0.087%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0023% / S +0.0065%1h1.5142+0.109%$830K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.869%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5135+0.061%$14.6M$72.4M50xas long as short
Orderly PERP_XRP_USDC+0.0069%8h1.5137+0.073%$57K$945K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5139+0.086%$9.0M$25.0M50xas long as short
Lighter XRP+0.0096%1h1.5113−0.086%$2.8M$14.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5115−0.073%$517K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5105−0.139%$10K$306K20xas long as short
Nado XRP-PERP+0.0100%1h1.5117−0.056%$880K$5.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5112−0.091%$38.3M$84.5M100xas long as short
Pacifica XRP+0.0100%1h1.5116−0.069%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5110−0.107%$534.9M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5107−0.126%$336.4M$939.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5109−0.112%$123.6M$869.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5084−0.278%$564K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5115−0.073%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5183+0.376%$1.6M$305K20xas long as short
Gate XRP_USDT+0.0100%8h1.5109−0.112%$367.5M$150.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5114−0.079%$291.0M$900.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5112−0.094%$108.0M$171.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5106−0.132%$264.1M$384.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5108−0.119%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5155+0.193%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5178+0.345%$660K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5150+0.158%$1.1M$38.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5185+0.390%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5117−0.058%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5152+0.172%$45K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5150+0.161%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5139+0.088%$815K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5155+0.191%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5139+0.086%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5135+0.058%$49.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5130+0.026%$53.7M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5113−0.087%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5102−0.160%$2.0M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5136+0.069%$58K$25K3xas long as short
01 Exchange XRPUSDshort+0.0136%1h1.5110−0.106%$8K$8K10x
Hyperliquid XRPlong+0.0171%1h1.5126long leg$280.0M$223.8M20x
Reya XRPRUSDPERP+0.0214%1h1.5148+0.148%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5145+0.126%$5.7M$46.5M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.443%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5141+0.102%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0335%8h1.5156+0.198%$2.1M$36.0M2.9xas long as short
Backpack XRP_USDC_PERP+0.0358%1h1.5134+0.053%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5110−0.104%$535K$782K10xas long as short
Aftermath Perps XRPUSD+0.0797%1h1.5163+0.248%$2K$14K10xas long as short