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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0453%/8h= −49.6% APRnext payment $0.57 per $10,000 · paid last 24h −0.164%
Price spread now: ApeX Omni against Aftermath Perps−0.101%66s7-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 4 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 −$14 a day on $10k at the current rate, and ApeX Omni is 0.101% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.51880.0553pay 0.0069% / 1h53m 59s$2K$16K10x
ShortApeX Omni XRPUSDT1.51730.0100get 0.0013% / 1h53m 59s$1.2M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
−$95.12
Price spread: −0.101% → 0.000%
−$10.08
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$124.2
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; ApeX Omni: 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 Aftermath Perps no order-book sample
Sell ApeX Omni live order book, 5 min ago4.93 bp9.9 bp −$1017.6 bp −$176doesn't fitdoesn't fit
Aftermath Perps: 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
Kraken Futures PF_XRPUSD−0.0171%1h1.5203+0.094%$14.5M$75.2M50xas long as short
Phemex XRPUSDT−0.0127%8h1.5206+0.116%$54.2M$32.5M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5208+0.130%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5209+0.136%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5204+0.101%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.447%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5171−0.111%$17K$78K7xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5202+0.090%$7.7M$23.9M50xas long as short
Lighter XRP+0.0096%1h1.5204+0.102%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5209+0.136%$607K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5201+0.084%$20K$382K20xas long as short
Nado XRP-PERP+0.0100%1h1.5205+0.109%$998K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5215+0.175%$38.6M$86.0M100xas long as short
Pacifica XRP+0.0100%1h1.5207+0.126%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5215+0.175%$530.7M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5217+0.189%$353.1M$949.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5217+0.189%$126.9M$865.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5203+0.097%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5213+0.163%$144K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.008%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5206+0.116%$379.3M$151.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5207+0.123%$312.7M$911.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5206+0.118%$106.6M$183.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5214+0.169%$269.7M$388.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5199+0.070%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5181−0.048%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5193+0.028%$660K$112.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5189+0.002%$1.1M$33.6M20xas long as short
ApeX Omni XRPUSDTshort+0.0100%1h1.5173−0.101%$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5207+0.125%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5210+0.143%$52K$514K20xas long as short
Bullet XRP-USD+0.0100%1h1.5201+0.084%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5199+0.070%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5206+0.120%$818K$77K10xas long as short
SunX XRP-USDT+0.0100%8h1.5213+0.165%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5198+0.064%$28K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5208+0.131%$49.7M$15.3M75xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5207+0.124%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5210+0.145%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5197+0.061%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0113% / S −0.0076%1h1.5196+0.051%$788K200xas long as short
01 Exchange XRPUSD+0.0120%1h1.5208+0.130%$9K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5208+0.130%$5.6M$48.1M50xas long as short
Kalshi KXXRPPERP+0.0165%8h1.5209+0.136%$1.7M$33.6M2.9xas long as short
Hyperliquid XRP+0.0194%1h1.5219+0.202%$290.6M$267.6M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5190+0.011%$23.9M$77.8M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5202+0.089%$1.3M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0272%1h1.5215+0.176%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5211+0.147%$522K$796K10xas long as short
Phoenix XRP+0.0526%1h1.5180−0.055%$67K$110K15xas long as short
Aftermath Perps XRPUSDlong+0.0553%1h1.5188long leg$2K$16K10x