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−0.0493%/8h= −54.0% APRnext payment $0.62 per $10,000 · paid last 24h −0.128%
Price spread now: Coinbase International against Aftermath Perps−0.013%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.51470.0677pay 0.0085% / 1h59m 06s$2K$15K10x
ShortCoinbase International XRP-PERP-INTX1.51450.0184get 0.0023% / 1h59m 06s$5.6M$47.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$103.55
Price spread: −0.013% → 0.000%
−$1.25
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$123.81
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: 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 Coinbase International live order book, 5 min ago0.66 bp7.2 bp −$711.0 bp −$11023.4 bp −$2,337doesn'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
Hotstuff XRP-PERP−0.0080%1h1.5159+0.080%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5160+0.087%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.020%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5143−0.026%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5137−0.066%$253K150xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5136−0.070%$14.3M$73.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.727%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0047% / S +0.0018%1h1.5137−0.067%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0095%8h1.5139−0.052%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5142−0.031%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5142−0.032%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5145−0.013%$10K$331K20xas long as short
Nado XRP-PERP+0.0100%1h1.5142−0.034%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5150+0.020%$280.4M$228.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5143−0.025%$38.3M$83.8M100xas long as short
Pacifica XRP+0.0100%1h1.5161+0.093%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5138−0.059%$532.5M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5140−0.046%$346.2M$938.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5141−0.039%$127.2M$876.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5138−0.059%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5155+0.053%$117K$705K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114−0.217%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5138−0.059%$369.9M$152.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5139−0.052%$292.7M$895.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5141−0.036%$107.9M$175.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5140−0.046%$268.1M$386.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5140−0.046%$127.5Mas long as short
Variational Omni XRP+0.0100%8h1.5154+0.046%$4.8M$38.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5150+0.021%$658K$108.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5140−0.045%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5143−0.026%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5147−0.002%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5150+0.020%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5140−0.047%$41K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5142−0.034%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5163+0.107%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5138−0.059%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5156+0.063%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5140−0.046%$53.9M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5162+0.097%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5136−0.070%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5138−0.059%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5151+0.027%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTXshort+0.0184%1h1.5145−0.013%$5.6M$47.1M50x
Backpack XRP_USDC_PERP+0.0189%1h1.5147+0.001%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5157+0.070%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5137−0.064%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5144−0.019%$24.2M$76.1M125xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5154+0.047%$2.0M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0358%1h1.5156+0.060%$516K$773K10xas long as short
Aftermath Perps XRPUSDlong+0.0677%1h1.5147long leg$2K$15K10x