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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against SoDEX−0.132%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.132%, 7d avg −0.033%
Together, before fees+0.109%+$11 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: HTX is 0.099% cheaper against SoDEX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.53110.0100pay 0.0013% / 1h43m 10s$29K$1.5M10x
ShortHTX XRP-USDT1.52910.0100get 0.0100% / 8h5h 43m$49.9M$14.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against SoDEX. 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: −0.132% → −0.033%
−$9.86
Slippage, 4 orders
−$6.79
Fee SoDEX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$36.65
Costs to cover
0.268%
Break-even
never at this rate
Slippage from SoDEX: live order book, 4 min ago; HTX: live order book, 4 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 SoDEX live order book, 4 min ago0.33 bp4.3 bp −$47.6 bp −$76doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago0.03 bp9.4 bp −$911.6 bp −$11629.1 bp −$2,911112.9 bp −$56.4K

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%1h1.5366+0.359%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5332+0.140%$14.0M$70.4M50xas long as short
dYdX XRP-USD0.0000%1h1.5299−0.077%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5290−0.137%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5332+0.137%$7.8M$21.0M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5286−0.163%$242K150xas long as short
01 Exchange XRPUSD+0.0016%1h1.5306−0.033%$9K$98710xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.626%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5329+0.118%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5333+0.144%$599K$3.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi XRP/USDT-P+0.0096%1h1.5285−0.170%$17K$76K7xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5296−0.101%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5296−0.098%$10K$399K20xas long as short
Nado XRP-PERP+0.0100%1h1.5299−0.081%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5326+0.098%$298.5M$267.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5330+0.124%$39.3M$81.4M100xas long as short
Pacifica XRP+0.0100%1h1.5303−0.053%$591K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5332+0.134%$533.6M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5328+0.111%$361.1M$885.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5323+0.078%$124.6M$835.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5279−0.209%$562K$36K5xas long as short
Arcus XRP-USD+0.0100%1h1.5309−0.013%$164K$682K20xas long as short
Bulk XRP-USD+0.0100%1h1.5314+0.020%$1.6M$26K20xas long as short
Gate XRP_USDT+0.0100%8h1.5315+0.026%$380.4M$156.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5330+0.124%$310.4M$893.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5330+0.127%$105.4M$181.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5330+0.124%$272.0M$356.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5323+0.078%$99.4Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5339+0.183%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5309−0.016%$5.0M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5283−0.184%$664K$110.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5321+0.063%$1.1M$30.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5290−0.137%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5310−0.009%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5315+0.026%$52K$474K20xas long as short
Bullet XRP-USD+0.0100%1h1.5315+0.025%$41K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5326+0.098%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5318+0.048%$128K$1.5M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5311long leg$29K$1.5M10x
HTX XRP-USDTshort+0.0100%8h1.5291−0.132%$49.9M$14.0M75x
Phemex XRPUSDT+0.0100%8h1.5335+0.157%$54.6M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5322+0.074%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5322+0.072%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5330+0.124%$5.5M$43.8M50xas long as short
Kalshi KXXRPPERP+0.0134%8h1.5314+0.020%$1.9M$35.1M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0213% / S −0.0520%1h1.5316+0.035%$824K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5320+0.059%$24.0M$78.1M125xas long as short
Reya XRPRUSDPERP+0.0223%1h1.5279−0.209%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5309−0.016%$514K$736K10xas long as short
Aftermath Perps XRPUSD+0.0450%1h1.5315+0.028%$3K$13K10xas long as short