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+0.0205%/8h= +22.5% APRpaid last 24h +0.119%
Price spread now: RISEx against HTX−0.007%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$290.287% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.329%+$33 on $10k
Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.007%, 7d avg +0.091%
Together, before fees+0.552%+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.098% cheaper against HTX than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.091%). If the spread goes back, that is −$10 on $10k: about 38 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.51490.0100pay 0.0100% / 8h2h 11m$49.5M$15.6M75x
ShortRISEx XRP/USDC1.51480.0305get 0.0038% / 1h11m 03s$520K$787K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$43.08
Price spread: −0.007% → +0.091%
−$9.8
Slippage, 4 orders
−$10.67
Fee HTX: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$4.61
Costs to cover
0.287%
Break-even
6.3 days
Slippage from HTX: live order book, 3 min ago; RISEx: live order book, 38 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 ago0.53 bp11.6 bp −$1213.8 bp −$13832.9 bp −$3,292120.2 bp −$60.1K
Sell RISEx live order book, 38 min ago1.82 bp4.8 bp −$58.7 bp −$87doesn't fitdoesn'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%1h1.5099−0.331%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5149+0.002%$14.2M$74.6M50xas long as short
dYdX XRP-USD0.0000%1h1.5133−0.107%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5090−0.391%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5143−0.042%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.712%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0072% / S −0.0017%1h1.5141−0.057%$799K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5152+0.018%$7.8M$25.4M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5145−0.028%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5148−0.007%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5150+0.005%$547K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5136−0.087%$10K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5138−0.071%$983K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5146−0.021%$38.4M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5143−0.042%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5147−0.015%$527.1M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5147−0.015%$344.1M$966.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5143−0.041%$126.5M$886.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5137−0.081%$563K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5148−0.008%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5132−0.115%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5145−0.028%$372.2M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5148−0.008%$296.8M$926.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5146−0.023%$106.9M$181.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5145−0.028%$266.0M$398.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5150+0.005%$106.1Mas long as short
Variational Omni XRP+0.0100%8h1.5072−0.510%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5116−0.216%$656K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5088−0.404%$1.1M$37.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5129−0.133%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5146−0.020%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5151+0.012%$51K$488K20xas long as short
Bullet XRP-USD+0.0100%1h1.5142−0.047%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5143−0.041%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5147−0.018%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5154+0.034%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148−0.008%$28K$1.6M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5149long leg$49.5M$15.6M75x
Phemex XRPUSDT+0.0100%8h1.5141−0.054%$53.9M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5152+0.018%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5141−0.053%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5145−0.030%$58K$25K3xas long as short
Hyperliquid XRP+0.0135%1h1.5161+0.078%$289.6M$262.7M20xas long as short
Hibachi XRP/USDT-P+0.0176%1h1.5130−0.127%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5151+0.012%$5.7M$48.5M50xas long as short
Backpack XRP_USDC_PERP+0.0204%1h1.5155+0.038%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5148−0.008%$1.7M$35.6M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5145−0.026%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5145−0.028%$23.2M$77.4M125xas long as short
RISEx XRP/USDCshort+0.0305%1h1.5148−0.007%$520K$787K10x
Aftermath Perps XRPUSD+0.0591%1h1.5103−0.307%$2K$16K10xas long as short