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+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.024%
Price spread now: Hibachi against 01 Exchange−0.117%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 airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.117% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 2.2 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51460.0144pay 0.0018% / 1h34m 34s$8K$8K10x
ShortHibachi XRP/USDT-P1.51280.0320get 0.0040% / 1h34m 34s$17K$82K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against 01 Exchange. 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
$36.96
Price spread: −0.117% → 0.000%
−$11.71
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$9.25
Costs to cover
0.160%
Break-even
5.2 days
Slippage unknown: 01 Exchange: no order-book sample; Hibachi: 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 01 Exchange no order-book sample
Sell Hibachi no order-book sample
01 Exchange and Hibachi: 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%1h1.5139−0.046%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5143−0.022%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5100−0.304%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123−0.150%$252K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0019% / S +0.0062%1h1.5122−0.161%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.733%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5127−0.125%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0071%8h1.5133−0.086%$58K$949K50xas long as short
Lighter XRP+0.0096%1h1.5148+0.011%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5147+0.007%$517K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5137−0.059%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5153+0.050%$816K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5148+0.013%$38.5M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5147+0.007%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5150+0.029%$538.0M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5150+0.026%$340.6M$942.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5155+0.059%$123.8M$872.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5069−0.508%$561K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5152+0.040%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101−0.297%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5144−0.013%$367.0M$151.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5145−0.007%$291.3M$908.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5144−0.011%$106.7M$171.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5154+0.053%$266.1M$385.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5153+0.046%$127.6Mas long as short
Variational Omni XRP+0.0100%8h1.5126−0.131%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5093−0.350%$655K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5084−0.411%$1.1M$38.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5107−0.257%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5149+0.022%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5156+0.066%$44K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5132−0.094%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5135−0.075%$814K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5143−0.020%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5132−0.092%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5130−0.108%$49.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5131−0.099%$53.8M$29.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5147+0.004%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5144−0.016%$2.0M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5130−0.109%$58K$25K3xas long as short
01 Exchange XRPUSDlong+0.0144%1h1.5146long leg$8K$8K10x
Deribit XRP_USDC-PERPETUAL+0.0213%1h1.5134−0.079%$7.6M$25.3M50xas long as short
Hyperliquid XRP+0.0214%1h1.5164+0.119%$280.9M$222.1M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5152+0.037%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5134−0.079%$5.7M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.310%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-Pshort+0.0320%1h1.5128−0.117%$17K$82K7x
Kalshi KXXRPPERP+0.0342%8h1.5137−0.059%$2.1M$36.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0344%1h1.5144−0.013%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5153+0.046%$537K$783K10xas long as short
Aftermath Perps XRPUSD+0.0799%1h1.5121−0.164%$2K$14K10xas long as short