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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.074%
Price spread now: Hibachi against dYdX+0.251%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 7 days+0.425%+$43 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hibachi is 0.251% dearer against dYdX than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.51310get 0.0000% / 1h34m 14s$1.1M$148K10x
ShortHibachi XRP/USDT-P1.51690.0104get 0.0013% / 1h34m 14s$17K$78K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against dYdX. 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
$21.84
Price spread: +0.251% → 0.000%
$25.07
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$27.91
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: dYdX: live order book, 5 min ago; 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 dYdX live order book, 5 min ago27.00 bp32.0 bp −$3232.0 bp −$32037.3 bp −$3,731161.0 bp −$80.5K
Sell Hibachi no order-book sample
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%1h1.5138+0.046%$5K$3K20xas long as short
dYdX XRP-USDlong0.0000%1h1.5131long leg$1.1M$148K10x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5167+0.237%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5165+0.225%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.835%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5160+0.194%$14.6M$73.9M50xas long as short
Lighter XRP+0.0096%1h1.5162+0.207%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5160+0.192%$603K$3.2M20xas long as short
01 Exchange XRPUSD+0.0096%1h1.5171+0.265%$8K$2K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5159+0.185%$20K$380K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5165+0.228%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5161+0.198%$38.4M$86.8M100xas long as short
Pacifica XRP+0.0100%1h1.5136+0.036%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5158+0.180%$530.4M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5154+0.152%$349.3M$956.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5156+0.165%$127.9M$868.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.317%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5170+0.258%$143K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.390%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5167+0.238%$377.7M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5156+0.165%$308.9M$923.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5166+0.234%$106.2M$184.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5159+0.185%$267.9M$390.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5167+0.238%$107.7Mas long as short
Variational Omni XRP+0.0100%8h1.5150+0.123%$4.9M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5179+0.317%$659K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5210+0.522%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5181+0.331%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5162+0.205%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5172+0.271%$52K$513K20xas long as short
Bullet XRP-USD+0.0100%1h1.5169+0.251%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5161+0.198%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5140+0.060%$814K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5162+0.203%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5160+0.192%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5168+0.243%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5157+0.172%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5135+0.026%$472K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0102% / S −0.0062%1h1.5155+0.158%$783K200xas long as short
Extended XRP-USD+0.0104%1h1.5156+0.167%$2.1M$6.9M50xas long as short
Hibachi XRP/USDT-Pshort+0.0104%1h1.5169+0.251%$17K$78K7x
Aevo XRP-PERP+0.0104%1h1.5156+0.169%$58K$25K3xas long as short
Hyperliquid XRP+0.0127%1h1.5178+0.313%$289.4M$267.8M20xas long as short
Backpack XRP_USDC_PERP+0.0143%1h1.5153+0.146%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5158+0.179%$5.6M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0188%8h1.5169+0.251%$1.8M$34.4M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5164+0.219%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5143+0.079%$23.6M$77.6M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5170+0.258%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5230+0.654%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0647%1h1.5188+0.380%$2K$16K10xas long as short