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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against ApeX Omni+0.706%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 airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.706% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.706% now, against zero (this spread has no 7-day history yet)): +$71 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.52870.0100pay 0.0013% / 1h7m 16s$1.2M$1.2M50x
ShortHotstuff XRP-PERP1.5395−0.0080pay 0.0010% / 1h7m 16s$5K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against ApeX Omni. 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
−$37.8
Price spread: +0.706% → 0.000%
$70.65
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$17.85
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 5 min ago; Hotstuff: 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 ApeX Omni live order book, 5 min ago1.31 bp6.7 bp −$712.2 bp −$122doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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 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-PERPshort−0.0080%1h1.5395+0.706%$5K$4K20x
Kraken Futures PF_XRPUSD−0.0062%1h1.5322+0.227%$13.8M$69.3M50xas long as short
dYdX XRP-USD0.0000%1h1.5299+0.078%$1.1M$154K10xas long as short
01 Exchange XRPUSD0.0000%1h1.5312+0.164%$9K$98710xas long as short
Phoenix XRP0.0000%1h1.5290+0.020%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5318+0.203%$7.7M$20.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5296+0.060%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.786%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5283−0.026%$17K$70K7xas long as short
Lighter XRP+0.0096%1h1.5309+0.141%$2.7M$14.2M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5312+0.164%$598K$3.2M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5310+0.151%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5303+0.105%$10K$410K20xas long as short
Nado XRP-PERP+0.0100%1h1.5305+0.114%$837K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5321+0.222%$296.9M$263.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5313+0.170%$38.9M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5309+0.144%$589K$987K20xas long as short
Binance XRPUSDT+0.0100%8h1.5313+0.170%$532.5M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5315+0.183%$361.0M$860.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5313+0.170%$124.0M$823.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5267−0.131%$561K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5311+0.157%$163K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5282−0.032%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5315+0.183%$377.4M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5316+0.190%$312.3M$908.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5309+0.143%$104.8M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5314+0.177%$271.1M$350.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5315+0.183%$98.1Mas long as short
Variational Omni XRP+0.0100%8h1.5273−0.094%$4.9M$38.0Mas long as short
edgeX XRPUSDC+0.0100%4h1.5277−0.063%$664K$106.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5299+0.079%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5287long leg$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5310+0.148%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5312+0.164%$52K$470K20xas long as short
Bullet XRP-USD+0.0100%1h1.5312+0.164%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5315+0.183%$83K$601K50xas long as short
Derive XRP-PERP+0.0100%1h1.5303+0.104%$823K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5321+0.220%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5316+0.190%$32K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5299+0.079%$49.9M$13.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5316+0.190%$54.6M$33.1M50xas long as short
Extended XRP-USD+0.0104%1h1.5309+0.141%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5311+0.156%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5320+0.216%$5.5M$42.6M50xas long as short
Kalshi KXXRPPERP+0.0117%8h1.5303+0.105%$1.9M$35.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0150%1h1.5308+0.137%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5313+0.170%$23.7M$77.5M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5295+0.050%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5313+0.171%$506K$723K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0241% / S −0.0459%1h1.5279−0.052%$883K200xas long as short
Aftermath Perps XRPUSD+0.0364%1h1.5292+0.034%$3K$13K10xas long as short