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+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Bullet against Hotstuff+0.016%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 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: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5162−0.0080get 0.0010% / 1h29m 44s$5K$3K20x
ShortBullet XRP-USD1.51640.0100get 0.0013% / 1h29m 44s$41K$71K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Hotstuff. 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: +0.016% → 0.000%
$1.56
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
$26.36
Costs to cover
0.130%
Break-even
2.1 days
Slippage unknown: Hotstuff: no order-book sample; Bullet: 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 Hotstuff no order-book sample
Sell Bullet no order-book sample
Hotstuff and Bullet: 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-PERPlong−0.0080%1h1.5162long leg$5K$3K20x
dYdX XRP-USD0.0000%1h1.5159−0.018%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.053%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158−0.023%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5167+0.036%$14.4M$74.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.625%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5171+0.059%$7.7M$24.8M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0084% / S −0.0033%1h1.5161−0.009%$800K200xas long as short
Lighter XRP+0.0096%1h1.5171+0.061%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5171+0.059%$545K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5164+0.013%$10K$371K20xas long as short
Nado XRP-PERP+0.0100%1h1.5158−0.023%$978K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5171+0.059%$38.5M$87.7M100xas long as short
Pacifica XRP+0.0100%1h1.5171+0.059%$617K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5171+0.061%$531.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5168+0.040%$346.0M$961.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5170+0.053%$127.3M$882.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5147−0.099%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5180+0.119%$143K$714K20xas long as short
Gate XRP_USDT+0.0100%8h1.5174+0.079%$376.6M$160.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5171+0.059%$300.2M$923.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5173+0.075%$107.5M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5173+0.073%$267.7M$396.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5168+0.040%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5158−0.027%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5158−0.029%$659K$113.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5169+0.044%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5164+0.013%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5166+0.028%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5166+0.026%$47K$489K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5164+0.016%$41K$71K20x
Orderly PERP_XRP_USDC+0.0100%8h1.5167+0.033%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−0.090%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5163+0.007%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5168+0.040%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5161−0.009%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5165+0.020%$54.3M$32.4M50xas long as short
Bulk XRP-USD+0.0100%1h1.5157−0.033%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5178+0.107%$473K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5169+0.045%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.51620.000%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5166+0.026%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5161−0.005%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0172%1h1.5178+0.106%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5172+0.066%$5.7M$48.1M50xas long as short
Hyperliquid XRP+0.0187%1h1.5183+0.139%$288.7M$264.8M20xas long as short
Kalshi KXXRPPERP+0.0208%8h1.5167+0.033%$1.7M$35.1M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5160−0.012%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.51620.000%$23.6M$77.9M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5164+0.015%$526K$799K10xas long as short
Aftermath Perps XRPUSD+0.0604%1h1.5162+0.003%$2K$16K10xas long as short