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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0134%/8h= −14.7% APRnext payment $0.17 per $10,000 · paid last 24h +0.014%
Price spread now: Hotstuff against GMX−0.014%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 airdropHotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XRP/USD [ETH-USDC]1.5150L +0.0054% / S +0.0009%pay 0.0007% / 1h22m 05s$790K200x
ShortHotstuff XRP-PERP1.5148−0.0080pay 0.0010% / 1h22m 05s$5K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against GMX. 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
−$28.16
Price spread: −0.014% → 0.000%
−$1.39
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$46.55
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell Hotstuff no order-book sample
GMX and 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 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-PERPshort−0.0080%1h1.5148−0.014%$5K$3K20x
dYdX XRP-USD0.0000%1h1.5148−0.015%$1.1M$115K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5153+0.017%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5153+0.019%$7.8M$25.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5149−0.010%$14.4M$74.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.706%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]longL +0.0054% / S +0.0009%1h1.5150long leg$790K200x
Lighter XRP+0.0096%1h1.5154+0.024%$2.9M$14.7M20xas long as short
Lighter RH XRP+0.0096%1h1.5152+0.013%$495K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5138−0.080%$9K$348K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5144−0.040%$995K$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5152+0.013%$38.7M$85.3M100xas long as short
Pacifica XRP+0.0100%1h1.5150−0.001%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5151+0.006%$534.2M$2.15B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5153+0.019%$344.9M$944.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5154+0.026%$126.3M$881.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5147−0.020%$565K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5145−0.034%$131K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.095%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5152+0.013%$371.4M$156.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5148−0.014%$295.6M$905.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5151+0.008%$109.0M$177.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5153+0.019%$268.8M$389.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5153+0.019%$127.8Mas long as short
Variational Omni XRP+0.0100%8h1.5187+0.242%$4.9M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5189+0.254%$660K$110.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5166+0.103%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5196+0.303%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5151+0.007%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5154+0.026%$45K$477K20xas long as short
Bullet XRP-USD+0.0100%1h1.5149−0.010%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5150−0.001%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5150+0.002%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5151+0.007%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5150−0.001%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5150+0.002%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5150−0.001%$53.9M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5150+0.002%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5147−0.018%$2.0M$6.7M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5148−0.012%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5143−0.047%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5157+0.046%$5.7M$47.6M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5147−0.019%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5163+0.085%$24.2M$75.6M125xas long as short
Backpack XRP_USDC_PERP+0.0256%1h1.5163+0.085%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5160+0.063%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0302%8h1.5156+0.039%$1.9M$35.1M2.9xas long as short
RISEx XRP/USDC+0.0358%1h1.5143−0.050%$516K$776K10xas long as short
Hyperliquid XRP+0.0407%1h1.5166+0.105%$298.4M$247.2M20xas long as short
Phoenix XRP+0.0528%1h1.5190+0.263%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0678%1h1.5184+0.225%$2K$15K10xas long as short