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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0664%/8h= −72.8% APRnext payment $0.83 per $10,000 · paid last 24h −0.148%
Price spread now: Bulk against Aftermath Perps−0.320%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 −$20 a day on $10k at the current rate, and Bulk is 0.320% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$32 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 XRPUSD1.51490.0764pay 0.0096% / 1h28m 47s$2K$14K10x
ShortBulk XRP-USD1.51010.0100get 0.0013% / 1h28m 47s$1.6M$307K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
−$139.53
Price spread: −0.320% → 0.000%
−$32
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$187.53
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bulk: live order book, just now. 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 Bulk live order book, just now0.99 bp4.5 bp −$44.9 bp −$4913.7 bp −$1,37129.3 bp −$14.7K
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 50 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%1h1.5162+0.083%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5169+0.130%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.070%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5151+0.010%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0060%1h1.5151+0.008%$803K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.710%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5144−0.037%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0071%8h1.5154+0.030%$62K$953K50xas long as short
Lighter XRP+0.0096%1h1.5167+0.113%$2.8M$14.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5169+0.129%$517K$3.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5159+0.063%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5170+0.139%$870K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5165+0.103%$38.6M$84.2M100xas long as short
Pacifica XRP+0.0100%1h1.5173+0.152%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5174+0.161%$539.8M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5176+0.175%$342.2M$941.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5176+0.175%$124.5M$873.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5136−0.089%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5176+0.175%$115K$700K20xas long as short
Bulk XRP-USDshort+0.0100%1h1.5101−0.320%$1.6M$307K20x
Gate XRP_USDT+0.0100%8h1.5163+0.089%$368.5M$152.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5175+0.169%$290.3M$911.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5167+0.116%$107.1M$171.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5163+0.089%$265.9M$383.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5166+0.109%$127.5Mas long as short
Variational Omni XRP+0.0100%8h1.5152+0.018%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5154+0.028%$659K$109.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5144−0.033%$1.1M$38.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5161+0.076%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5168+0.125%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5169+0.129%$44K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5156+0.041%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5157+0.047%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5173+0.155%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5145−0.029%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5163+0.086%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5151+0.010%$53.9M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5175+0.170%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5159+0.064%$2.1M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5147−0.020%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5170+0.136%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0146%1h1.5149−0.003%$7.7M$25.3M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5157+0.051%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5153+0.023%$5.7M$46.6M50xas long as short
Hyperliquid XRP+0.0219%1h1.5175+0.169%$280.9M$223.2M20xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5159+0.066%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0352%8h1.5163+0.089%$2.1M$35.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0362%1h1.5163+0.089%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5174+0.163%$537K$783K10xas long as short
Aftermath Perps XRPUSDlong+0.0764%1h1.5149long leg$2K$14K10x