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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.063%
Price spread now: Hotstuff against 01 Exchange+0.053%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 4 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 pays, funding is against you. Hotstuff is 0.053% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51670.0104pay 0.0013% / 1h17m 47s$8K$2K10x
ShortHotstuff XRP-PERP1.5175−0.0080pay 0.0010% / 1h17m 47s$5K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against 01 Exchange. 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
−$38.64
Price spread: +0.053% → 0.000%
$5.27
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$45.37
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Hotstuff: 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 01 Exchange no order-book sample
Sell Hotstuff no order-book sample
01 Exchange and Hotstuff: 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-PERPshort−0.0080%1h1.5175+0.053%$5K$3K20x
dYdX XRP-USD0.0000%1h1.5179+0.080%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5161−0.038%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5171+0.026%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.591%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5168+0.005%$14.5M$73.8M50xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5179+0.079%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5164−0.020%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.51670.000%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5161−0.040%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5166−0.010%$998K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5165−0.016%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5176+0.061%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5164−0.020%$529.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5163−0.026%$349.4M$951.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5165−0.013%$127.1M$866.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.079%$563K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5174+0.046%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178+0.073%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5163−0.026%$375.8M$162.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5164−0.020%$307.1M$927.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5162−0.034%$106.6M$183.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5164−0.020%$268.7M$389.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5162−0.033%$107.9Mas long as short
Variational Omni XRP+0.0100%8h1.5131−0.238%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5115−0.341%$657K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5140−0.179%$1.1M$34.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5118−0.323%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5168+0.007%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5164−0.020%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5163−0.029%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5166−0.007%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5167−0.002%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5167+0.003%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5166−0.007%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5162−0.033%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5164−0.020%$54.0M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5176+0.060%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5158−0.062%$2.1M$6.9M50xas long as short
01 Exchange XRPUSDlong+0.0104%1h1.5167long leg$8K$2K10x
Aevo XRP-PERP+0.0104%1h1.5165−0.010%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0106% / S −0.0068%1h1.5162−0.033%$773K200xas long as short
Hyperliquid XRP+0.0141%1h1.5180+0.086%$289.8M$268.1M20xas long as short
Backpack XRP_USDC_PERP+0.0165%1h1.5173+0.040%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0172%8h1.5174+0.046%$1.8M$34.0M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5170+0.020%$5.6M$48.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5175+0.053%$23.7M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5157−0.064%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5169+0.011%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5150−0.112%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0601%1h1.5155−0.076%$2K$16K10xas long as short