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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: edgeX against HTX−0.249%77s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.182%−$18 on $10k
Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.249%, 7d avg +0.028%
Together, before fees+0.069%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.277% cheaper against HTX than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.53160.0100pay 0.0100% / 8h5h 06m$49.9M$13.2M75x
ShortedgeX XRPUSDC1.52770.0100get 0.0050% / 4h1h 06m$664K$106.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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
$0
Price spread: −0.249% → +0.028%
−$27.7
Slippage, 4 orders
−$8.88
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$57.58
Costs to cover
0.299%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; edgeX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 1 min ago0.03 bp8.6 bp −$911.4 bp −$11430.4 bp −$3,03897.2 bp −$48.6K
Sell edgeX live order book, 1 min ago0.98 bp5.5 bp −$55.5 bp −$558.9 bp −$889doesn't fit

XRP on 51 exchanges

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%1h1.5395+0.518%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5327+0.074%$13.8M$69.3M50xas long as short
dYdX XRP-USD0.0000%1h1.5317+0.009%$1.1M$154K10xas long as short
01 Exchange XRPUSD0.0000%1h1.5331+0.101%$9K$98710xas long as short
Phoenix XRP0.0000%1h1.5290−0.167%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5327+0.074%$7.7M$20.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5318+0.017%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.596%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5312−0.027%$17K$70K7xas long as short
Lighter XRP+0.0096%1h1.5326+0.065%$2.8M$14.2M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5329+0.087%$599K$3.2M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5324+0.055%$478K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5322+0.042%$10K$410K20xas long as short
Nado XRP-PERP+0.0100%1h1.5321+0.037%$838K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5334+0.120%$297.4M$264.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5323+0.047%$38.9M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5325+0.061%$589K$987K20xas long as short
Binance XRPUSDT+0.0100%8h1.5323+0.046%$532.9M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5318+0.016%$361.2M$860.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5318+0.016%$124.1M$823.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5267−0.317%$562K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5330+0.094%$163K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5282−0.218%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5322+0.042%$377.5M$161.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5322+0.042%$316.0M$908.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5323+0.050%$104.9M$180.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5320+0.029%$271.2M$350.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5318+0.016%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5273−0.281%$4.9M$38.0Mas long as short
edgeX XRPUSDCshort+0.0100%4h1.5277−0.249%$664K$106.9M30x
GRVT XRP_USDT_Perp+0.0100%8h1.5299−0.108%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5287−0.187%$1.2M$1.2M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5330+0.094%$52K$470K20xas long as short
Bullet XRP-USD+0.0100%1h1.5328+0.082%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5325+0.061%$83K$601K50xas long as short
Derive XRP-PERP+0.0100%1h1.5303−0.083%$823K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5334+0.118%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5323+0.048%$32K$1.4M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5316long leg$49.9M$13.2M75x
Phemex XRPUSDT+0.0100%8h1.5324+0.055%$54.7M$33.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5327+0.075%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5317+0.007%$2.2M$6.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5320+0.029%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5326+0.068%$5.5M$42.6M50xas long as short
Kalshi KXXRPPERP+0.0117%8h1.5329+0.087%$1.9M$35.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0156%1h1.5333+0.114%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5313−0.017%$23.7M$77.5M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5325+0.059%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5333+0.112%$507K$723K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0245% / S −0.0472%1h1.5328+0.080%$886K200xas long as short
Aftermath Perps XRPUSD+0.0362%1h1.5299−0.108%$3K$13K10xas long as short