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−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.042%
Price spread now: Aevo against Hibachi+0.077%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−0.215%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
The price spread pays, funding is against you. Aevo is 0.077% dearer against Hibachi than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.49940.0200pay 0.0025% / 1h24m 27s$17K$82K7x
ShortAevo XRP-PERP1.50050.0104get 0.0013% / 1h24m 27s$58K$25K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hibachi. 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
−$20.16
Price spread: +0.077% → 0.000%
$7.74
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$37.42
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; Aevo: 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 Hibachi no order-book sample
Sell Aevo no order-book sample
Hibachi and Aevo: 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%1h1.4997+0.021%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5010+0.110%$14.1M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.4997+0.023%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980−0.092%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5000+0.040%$243K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.776%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.4998+0.029%$788K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5005+0.074%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5000+0.040%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5001+0.048%$543K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.4990−0.026%$10K$362K20xas long as short
Nado XRP-PERP+0.0100%1h1.5000+0.044%$953K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5011+0.114%$285.8M$261.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.4999+0.034%$38.2M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.5002+0.055%$600K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5004+0.069%$521.3M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5006+0.081%$341.6M$964.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5008+0.094%$124.4M$877.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4996+0.014%$556K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5000+0.041%$143K$719K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027+0.220%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.5000+0.041%$368.1M$159.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5001+0.048%$277.9M$919.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5000+0.040%$104.7M$181.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5003+0.061%$263.5M$397.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.4997+0.021%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.4960−0.226%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.4951−0.284%$649K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5001+0.046%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.4945−0.326%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5001+0.047%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5003+0.061%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5000+0.041%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5005+0.074%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5004+0.069%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5004+0.070%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5010+0.108%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.4990−0.028%$49.0M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.4989−0.032%$53.5M$32.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5012+0.118%$468K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5002+0.056%$1.9M$6.8M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5005+0.077%$58K$25K3x
Kalshi KXXRPPERP+0.0148%8h1.4991−0.019%$1.6M$35.8M2.9xas long as short
Deribit XRP_USDC-PERPETUAL+0.0150%1h1.5012+0.121%$7.6M$25.6M50xas long as short
Backpack XRP_USDC_PERP+0.0162%1h1.4991−0.019%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5000+0.041%$5.5M$48.1M50xas long as short
Hibachi XRP/USDT-Plong+0.0200%1h1.4994long leg$17K$82K7x
Reya XRPRUSDPERP+0.0218%1h1.4997+0.022%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.4995+0.008%$23.3M$76.3M125xas long as short
RISEx XRP/USDC+0.0305%1h1.4999+0.035%$515K$784K10xas long as short
Aftermath Perps XRPUSD+0.0616%1h1.5002+0.057%$2K$16K10xas long as short