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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0393%/8h= +43.1% APRnext payment +$0.49 per $10,000 · paid last 24h +0.118%
Price spread now: Aftermath Perps against Hibachi−0.111%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 airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.111% cheaper against Hibachi than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 23 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XRP/USDT-P1.51710.0160pay 0.0020% / 1h44m 01s$17K$79K7x
ShortAftermath Perps XRPUSD1.51540.0553get 0.0069% / 1h44m 01s$2K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
$82.59
Price spread: −0.111% → 0.000%
−$11.14
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$53.45
Costs to cover
0.180%
Break-even
2.5 days
Slippage unknown: Hibachi: no order-book sample; Aftermath Perps: 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 Aftermath Perps no order-book sample
Hibachi and Aftermath Perps: 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%1h1.5125−0.304%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5174+0.019%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5130−0.271%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160−0.074%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5149−0.146%$14.5M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.563%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5176+0.032%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5154−0.113%$7.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0080% / S −0.0028%1h1.5159−0.079%$799K200xas long as short
Lighter XRP+0.0096%1h1.5150−0.137%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5151−0.132%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5165−0.040%$13K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5162−0.057%$988K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5145−0.172%$38.4M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5173+0.012%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143−0.183%$529.8M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5138−0.218%$345.4M$969.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5140−0.205%$127.3M$891.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161−0.067%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5176+0.032%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.278%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5145−0.172%$372.8M$159.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5138−0.218%$297.5M$920.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5145−0.175%$107.3M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5137−0.225%$267.1M$400.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5147−0.159%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5118−0.351%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5138−0.217%$658K$114.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.251%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5143−0.185%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5161−0.068%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5163−0.053%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5163−0.050%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5149−0.146%$65K$810K50xas long as short
Derive XRP-PERP+0.0100%1h1.5151−0.133%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5152−0.125%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148−0.152%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5155−0.106%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5152−0.126%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5176+0.035%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5133−0.250%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5151−0.136%$58K$25K3xas long as short
Hyperliquid XRP+0.0160%1h1.5158−0.087%$288.6M$264.8M20xas long as short
Hibachi XRP/USDT-Plong+0.0160%1h1.5171long leg$17K$79K7x
Backpack XRP_USDC_PERP+0.0161%1h1.5153−0.119%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5155−0.106%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0218%8h1.5153−0.119%$1.7M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5158−0.084%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5172+0.006%$23.5M$78.1M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5175+0.028%$523K$797K10xas long as short
Aftermath Perps XRPUSDshort+0.0553%1h1.5154−0.111%$2K$16K10x