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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against HTX+0.040%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.099%−$10 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.040%, 7d avg +0.054%
Together, before fees−0.025%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.51740.0100pay 0.0100% / 8h56m 28s$49.5M$15.4M75x
ShortKuCoin XRPUSDTM1.51800.0100get 0.0100% / 8h56m 28s$107.1M$183.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.040% → +0.054%
−$1.34
Slippage, 4 orders
−$10.1
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$35.45
Costs to cover
0.341%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago0.03 bp7.7 bp −$89.5 bp −$9530.8 bp −$3,083127.4 bp −$63.7K
Sell KuCoin live order book, 3 min ago0.03 bp7.6 bp −$811.8 bp −$11842.6 bp −$4,262doesn't fit

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%1h1.5191+0.112%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5179+0.035%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.303%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5188+0.092%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5196+0.145%$7.8M$24.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.544%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5192+0.119%$14.5M$74.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0095% / S −0.0051%1h1.5188+0.090%$784K200xas long as short
Lighter XRP+0.0096%1h1.5183+0.059%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5179+0.033%$545K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5167−0.046%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5183+0.058%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5175+0.010%$38.5M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5181+0.049%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.51740.000%$531.5M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5176+0.013%$348.1M$959.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5175+0.007%$128.6M$881.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196+0.145%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5181+0.046%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195+0.141%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5177+0.020%$378.6M$159.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5179+0.033%$311.6M$915.7M300xas long as short
KuCoin XRPUSDTMshort+0.0100%8h1.5180+0.040%$107.1M$183.5M75x
Bitget XRPUSDT+0.0100%8h1.5168−0.040%$268.2M$395.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5178+0.026%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5187+0.085%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5193+0.125%$660K$113.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5196+0.144%$1.1M$35.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.224%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5183+0.060%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5176+0.013%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5196+0.144%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5192+0.119%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.116%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5191+0.109%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5192+0.119%$28K$1.6M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5174long leg$49.5M$15.4M75x
Phemex XRPUSDT+0.0100%8h1.5192+0.119%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5183+0.056%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5171−0.019%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5192+0.119%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0128%1h1.5200+0.171%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0136%1h1.5186+0.078%$17K$79K7xas long as short
01 Exchange XRPUSD+0.0160%1h1.5178+0.026%$8K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5197+0.152%$5.6M$48.2M50xas long as short
Hyperliquid XRP+0.0180%1h1.5187+0.086%$289.2M$267.8M20xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5191+0.112%$1.8M$34.7M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5168−0.037%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5192+0.119%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5179+0.035%$528K$806K10xas long as short
Aftermath Perps XRPUSD+0.0691%1h1.5205+0.202%$2K$16K10xas long as short