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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps XRPUSD | 1.5149 | 0.0764 | pay 0.0096% / 1h | 28m 47s | $2K | $14K | 10x |
| Short | Bulk XRP-USD | 1.5101 | 0.0100 | get 0.0013% / 1h | 28m 47s | $1.6M | $307K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, just now | 0.99 bp | 4.5 bp −$4 | 4.9 bp −$49 | 13.7 bp −$1,371 | 29.3 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5162 | +0.083% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5169 | +0.130% | $1.1M | $120K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5160 | +0.070% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5151 | +0.010% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0020% / S +0.0060% | 1h | 1.5151 | +0.008% | $803K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.710% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5144 | −0.037% | $14.6M | $72.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0071% | 8h | 1.5154 | +0.030% | $62K | $953K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5167 | +0.113% | $2.8M | $14.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5169 | +0.129% | $517K | $3.3M | 20x | as long as short |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5159 | +0.063% | $11K | $307K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5170 | +0.139% | $870K | $5.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5165 | +0.103% | $38.6M | $84.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5173 | +0.152% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5174 | +0.161% | $539.8M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5176 | +0.175% | $342.2M | $941.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5176 | +0.175% | $124.5M | $873.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5136 | −0.089% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5176 | +0.175% | $115K | $700K | 20x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5101 | −0.320% | $1.6M | $307K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5163 | +0.089% | $368.5M | $152.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5175 | +0.169% | $290.3M | $911.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5167 | +0.116% | $107.1M | $171.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5163 | +0.089% | $265.9M | $383.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5166 | +0.109% | — | $127.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5152 | +0.018% | $6.2M | $35.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5154 | +0.028% | $659K | $109.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5144 | −0.033% | $1.1M | $38.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5161 | +0.076% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5168 | +0.125% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5169 | +0.129% | $44K | $446K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5156 | +0.041% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5157 | +0.047% | $816K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5173 | +0.155% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5145 | −0.029% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5163 | +0.086% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5151 | +0.010% | $53.9M | $29.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5175 | +0.170% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5159 | +0.064% | $2.1M | $7.0M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5147 | −0.020% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5170 | +0.136% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0146% | 1h | 1.5149 | −0.003% | $7.7M | $25.3M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5157 | +0.051% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5153 | +0.023% | $5.7M | $46.6M | 50x | as long as short |
| Hyperliquid XRP | +0.0219% | 1h | 1.5175 | +0.169% | $280.9M | $223.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5159 | +0.066% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0352% | 8h | 1.5163 | +0.089% | $2.1M | $35.9M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0362% | 1h | 1.5163 | +0.089% | $1.9M | $1.3M | 25x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5174 | +0.163% | $537K | $783K | 10x | as long as short |
| Aftermath Perps XRPUSDlong | +0.0764% | 1h | 1.5149 | long leg | $2K | $14K | 10x |
Aftermath Perps XRPUSD
Bulk XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC