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+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.080%
Price spread now: Hyperliquid against 01 Exchange+0.204%49s7-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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.204% dearer against 01 Exchange than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51950.0104pay 0.0013% / 1h38m 44s$8K$2K10x
ShortHyperliquid XRP1.52260.0143get 0.0018% / 1h38m 44s$290.5M$267.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$8.17
Price spread: +0.204% → 0.000%
$20.4
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$12.57
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 5 min ago. 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 Hyperliquid live order book, 5 min ago0.33 bp4.8 bp −$55.0 bp −$509.4 bp −$936doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5216+0.138%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5208+0.089%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5206+0.072%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5215+0.132%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.402%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5211+0.103%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5214+0.127%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5213+0.118%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5190−0.033%$17K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5216+0.141%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5210+0.099%$38.6M$87.0M100xas long as short
Pacifica XRP+0.0100%1h1.5213+0.115%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5208+0.088%$532.7M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5204+0.059%$350.1M$956.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5205+0.066%$128.5M$870.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.191%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5208+0.086%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190−0.033%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5208+0.086%$379.3M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5206+0.072%$314.7M$921.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5214+0.126%$106.7M$184.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5204+0.059%$268.9M$391.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5209+0.092%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.201%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231+0.237%$662K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5233+0.253%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.290%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5218+0.152%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5215+0.132%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5214+0.125%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5212+0.112%$78K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5218+0.153%$819K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5218+0.154%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5210+0.099%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5215+0.130%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5215+0.132%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5213+0.119%$474K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0060%1h1.5211+0.105%$785K200xas long as short
Extended XRP-USD+0.0104%1h1.5200+0.033%$2.1M$6.9M50xas long as short
01 Exchange XRPUSDlong+0.0104%1h1.5195long leg$8K$2K10x
Aevo XRP-PERP+0.0104%1h1.5208+0.088%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5219+0.159%$17K$78K7xas long as short
Hyperliquid XRPshort+0.0143%1h1.5226+0.204%$290.5M$267.6M20x
Backpack XRP_USDC_PERP+0.0160%1h1.5219+0.158%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5214+0.125%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0199%8h1.5214+0.125%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5211+0.106%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207+0.079%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5200+0.032%$522K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5240+0.296%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0636%1h1.5227+0.209%$2K$16K10xas long as short