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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: HTX against Orderly−0.013%7-day average −0.033% · 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 7 days+0.114%+$11 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now −0.013%, 7d avg −0.033%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.53540.0100pay 0.0100% / 8h6h 16m$68K$600K50x
ShortHTX XRP-USDT1.53520.0100get 0.0100% / 8h6h 16m$50.1M$14.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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: −0.013% → −0.033%
$1.97
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$16.03
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 1 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 Orderly no order-book sample
Sell HTX live order book, 1 min ago0.03 bp7.2 bp −$712.2 bp −$12235.2 bp −$3,519doesn't fit
Orderly: 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 exchanges

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%1h1.5355+0.007%$5K$4K20xas long as short
dYdX XRP-USD0.0000%1h1.5378+0.159%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5358+0.026%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5384+0.193%$250K150xas long as short
Kraken Futures PF_XRPUSD+0.0016%1h1.5359+0.031%$14.1M$72.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.342%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0048%1h1.5386+0.208%$9K$2K10xas long as short
Lighter XRP+0.0096%1h1.5377+0.150%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5378+0.156%$605K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5379+0.161%$480K$51K50xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5376+0.143%$10K$396K20xas long as short
Nado XRP-PERP+0.0100%1h1.5356+0.011%$1.0M$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5385+0.202%$39.6M$82.2M100xas long as short
Pacifica XRP+0.0100%1h1.5378+0.156%$589K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5385+0.202%$536.5M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5387+0.215%$363.3M$899.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5385+0.202%$124.6M$846.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5340−0.091%$563K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5387+0.215%$165K$692K20xas long as short
Bulk XRP-USD+0.0100%1h1.5353−0.009%$1.6M$25K20xas long as short
Gate XRP_USDT+0.0100%8h1.5378+0.156%$380.0M$160.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5388+0.221%$315.7M$917.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5376+0.146%$106.8M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5388+0.221%$272.7M$360.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5377+0.150%$103.8Mas long as short
Variational Omni XRP+0.0100%8h1.5373+0.126%$5.1M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5358+0.023%$667K$111.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5351−0.020%$1.1M$31.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5391+0.241%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5383+0.191%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5386+0.208%$53K$479K20xas long as short
Bullet XRP-USD+0.0100%1h1.5386+0.208%$42K$65K20xas long as short
Orderly PERP_XRP_USDClong+0.0100%8h1.5354long leg$68K$600K50x
SunX XRP-USDT+0.0100%8h1.5361+0.045%$129K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.53540.000%$31K$1.5M10xas long as short
HTX XRP-USDTshort+0.0100%8h1.5352−0.013%$50.1M$14.2M75x
Phemex XRPUSDT+0.0100%8h1.5359+0.033%$54.8M$33.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5372+0.119%$2.1M$5.8M50xas long as short
Hibachi XRP/USDT-P+0.0104%1h1.5354−0.002%$17K$76K7xas long as short
Aevo XRP-PERP+0.0104%1h1.5349−0.030%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0120%1h1.5357+0.020%$5.5M$45.6M50xas long as short
Hyperliquid XRP+0.0131%1h1.5401+0.306%$299.1M$268.4M20xas long as short
Kalshi KXXRPPERP+0.0153%8h1.5365+0.072%$1.9M$34.3M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0154% / S −0.0125%1h1.5361+0.043%$800K200xas long as short
Backpack XRP_USDC_PERP+0.0197%1h1.5367+0.085%$2.0M$1.3M25xas long as short
BloFin XRP-USDT+0.0220%8h1.53540.000%$23.8M$79.3M125xas long as short
Reya XRPRUSDPERP+0.0222%1h1.5383+0.192%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0272%1h1.5385+0.201%$513K$786K10xas long as short
Aftermath Perps XRPUSD+0.0464%1h1.5371+0.111%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5350−0.026%$69K$109K15xas long as short