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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h +0.077%
Price spread now: Hyperliquid against 01 Exchange+0.067%7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.067% dearer against 01 Exchange than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.50160.0072pay 0.0009% / 1h33m 15s$8K$8K10x
ShortHyperliquid XRP1.50260.0100get 0.0013% / 1h33m 15s$287.8M$259.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$5.88
Price spread: +0.067% → 0.000%
$6.66
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$3.46
Costs to cover
0.160%
Break-even
11.1 days
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 11 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 01 Exchange no order-book sample
Sell Hyperliquid live order book, 11 min ago0.33 bp4.8 bp −$55.7 bp −$5710.5 bp −$1,045doesn't fit
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%1h1.5022+0.040%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5016+0.003%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5007−0.061%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.360%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5019+0.020%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5012−0.025%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.623%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5012−0.026%$786K200xas long as short
01 Exchange XRPUSDlong+0.0072%1h1.5016long leg$8K$8K10x
Lighter XRP+0.0096%1h1.5017+0.009%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5019+0.020%$494K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5013−0.020%$11K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5014−0.010%$910K$6.3M20xas long as short
Hyperliquid XRPshort+0.0100%1h1.5026+0.067%$287.8M$259.0M20x
Aster XRPUSDT+0.0100%8h1.5013−0.020%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5014−0.015%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5026+0.068%$526.8M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5015−0.007%$340.7M$959.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5015−0.007%$124.4M$889.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4998−0.120%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5024+0.053%$136K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.272%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5014−0.013%$368.3M$157.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5015−0.007%$286.4M$912.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5008−0.054%$106.2M$180.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5014−0.013%$264.9M$396.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5015−0.007%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.341%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5074+0.386%$655K$112.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.339%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5081+0.433%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5017+0.007%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5014−0.013%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.50160.000%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5012−0.025%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5019+0.023%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.50160.000%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5014−0.011%$49.1M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5025+0.060%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5014−0.015%$468K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5022+0.039%$13K10xas long as short
Extended XRP-USD+0.0104%1h1.5012−0.024%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5014−0.010%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0131%8h1.5024+0.053%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0170%1h1.5033+0.113%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5019+0.020%$5.6M$48.2M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5031+0.101%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5012−0.024%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5017+0.007%$23.4M$75.8M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5024+0.056%$512K$777K10xas long as short
Aftermath Perps XRPUSD+0.0608%1h1.5053+0.245%$2K$15K10xas long as short