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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0589%/8h= −64.5% APRnext payment $0.74 per $10,000 · paid last 24h −0.156%
Price spread now: Aevo against Aftermath Perps−0.273%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aevo is 0.273% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.51440.0693pay 0.0087% / 1h49m 26s$2K$14K10x
ShortAevo XRP-PERP1.51030.0104get 0.0013% / 1h49m 26s$58K$25K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Aftermath Perps. 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
−$123.79
Price spread: −0.273% → 0.000%
−$27.31
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$176.1
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Aevo: 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 Aftermath Perps no order-book sample
Sell Aevo no order-book sample
Aftermath Perps and Aevo: 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%1h1.5154+0.064%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5106−0.254%$14.2M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5111−0.222%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.169%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5107−0.247%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5102−0.280%$252K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.745%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0037% / S +0.0033%1h1.5102−0.280%$786K200xas long as short
01 Exchange XRPUSD+0.0048%1h1.5105−0.260%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0079%8h1.5105−0.260%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5116−0.190%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5108−0.240%$509K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5101−0.286%$10K$318K20xas long as short
Nado XRP-PERP+0.0100%1h1.5111−0.217%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5116−0.187%$280.7M$224.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5103−0.273%$38.2M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5114−0.197%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5104−0.266%$532.1M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5103−0.273%$343.9M$930.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5107−0.247%$125.6M$870.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5095−0.326%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5108−0.240%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164+0.132%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5103−0.273%$367.6M$152.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5107−0.247%$295.8M$894.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5105−0.260%$107.8M$173.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5103−0.273%$267.0M$383.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5106−0.253%$126.6Mas long as short
Variational Omni XRP+0.0100%8h1.5129−0.102%$5.4M$37.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5155+0.073%$658K$108.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5162+0.117%$1.1M$35.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5136−0.055%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5112−0.215%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5106−0.253%$42K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5105−0.257%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5105−0.260%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5111−0.224%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5121−0.154%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5119−0.169%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5120−0.161%$54.0M$30.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5113−0.206%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5098−0.303%$2.0M$6.8M50xas long as short
Aevo XRP-PERPshort+0.0104%1h1.5103−0.273%$58K$25K3x
Hibachi XRP/USDT-P+0.0152%1h1.5124−0.133%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0155%1h1.5121−0.154%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5129−0.101%$5.6M$47.0M50xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5100−0.292%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5138−0.042%$24.2M$75.8M125xas long as short
Kalshi KXXRPPERP+0.0324%8h1.5139−0.035%$2.0M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5110−0.229%$514K$779K10xas long as short
Aftermath Perps XRPUSDlong+0.0693%1h1.5144long leg$2K$14K10x