Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.014%

Price spread now: 01 Exchange against HTX+0.017%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs 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: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XRP-USDT	1.5630	0.0100	pay 0.0100% / 8h	1h 47m	$51.4M	$15.1M	75x
Short	01 Exchange XRPUSD	1.5633	0.0160	get 0.0020% / 1h	47m 29s	$8K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee HTXbpFee 01 ExchangebpOrdersPrice spread, now +0.017%Rate

Funding earned: $12.6
Price spread: +0.017% → 0.000%: $1.73
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$4.67
Costs to cover: 0.190%
Break-even: 9.6 days

Slippage unknown: HTX: live order book, 2 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 2 min ago	0.03 bp	9.1 bp −$9	11.0 bp −$110	34.0 bp −$3,401	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5636	+0.036%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5628	−0.015%	$1.1M	$104K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5623	−0.046%	$262K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.177%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5631	+0.003%	$15.7M	$67.4M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0052%	8h	1.5629	−0.008%	$82K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0070%	1h	1.5631	+0.004%	$9.6M	$24.9M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0079% / S +0.0146%	1h	1.5622	−0.050%	$925K	—	200x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5629	−0.011%	$19K	$73K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5631	+0.004%	$3.0M	$11.7M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5643	+0.081%	$460K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5615	−0.095%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5636	+0.035%	$39.8M	$75.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5638	+0.049%	$676K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5623	−0.048%	$566.4M	$1.92B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5622	−0.053%	$355.0M	$870.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5616	−0.091%	$129.0M	$867.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5541	−0.571%	$579K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5638	+0.049%	$121K	$724K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5527	−0.661%	$1.7M	$572K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5629	−0.008%	$372.7M	$134.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5629	−0.008%	$291.6M	$823.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5628	−0.014%	$113.0M	$153.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5610	−0.130%	$271.0M	$352.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5632	+0.011%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5524	−0.679%	$11.8M	$29.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5540	−0.578%	$675K	$98.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5571	−0.382%	$1.1M	$41.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5583	−0.303%	$1.0M	$878K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5615	−0.099%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5621	−0.059%	$54K	$436K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5607	−0.150%	$42K	$62K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5629	−0.009%	$841K	$71K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5631	+0.002%	$131K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5628	−0.015%	$30K	$1.9M	10x	as long as short
HTX XRP-USDTlong	+0.0100%	8h	1.5630	long leg	$51.4M	$15.1M	75x
Phemex XRPUSDT	+0.0100%	8h	1.5629	−0.008%	$55.6M	$28.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5637	+0.042%	$488K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5631	+0.004%	$12K	$248K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5630	−0.001%	$2.2M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5627	−0.020%	$73K	$40K	3x	as long as short
01 Exchange XRPUSDshort	+0.0160%	1h	1.5633	+0.017%	$8K	$8K	10x
Reya XRPRUSDPERP	+0.0211%	1h	1.5610	−0.132%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5635	+0.030%	$5.8M	$46.2M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5596	−0.219%	$24.6M	$71.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0338%	8h	1.5628	−0.015%	$1.9M	$32.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0372%	1h	1.5631	+0.004%	$1.8M	$977K	25x	as long as short
Phoenix XRP	+0.0516%	1h	1.5590	−0.258%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5639	+0.055%	$409K	$531K	10x	as long as short
Aftermath Perps XRPUSD	+0.0585%	1h	1.5572	−0.371%	$1K	$11K	10x	as long as short
Hyperliquid XRP	+0.0649%	1h	1.5636	+0.039%	$289.4M	$195.5M	20x	as long as short