XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0570%/8h= −62.4% APRnext payment −$0.71 per $10,000 · paid last 24h −0.186%

Price spread now: Deribit against Aftermath Perps+0.050%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Deribit

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.050% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XRPUSD	1.5180	0.0570	pay 0.0071% / 1h	59m 58s	$2K	$16K	10x
Short	Deribit XRP_USDC-PERPETUAL	1.5188	0	get 0.0000% / 1h	59m 58s	$7.7M	$24.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee DeribitbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$119.73
Price spread: +0.050% → 0.000%: $5.04
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$130.7
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Deribit: live order book, 4 min ago. 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 Deribit live order book, 4 min ago	0.33 bp	4.8 bp −$5	7.4 bp −$74	42.3 bp −$4,229	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5184	+0.024%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5176	−0.031%	$1.1M	$148K	10x	as long as short
Deribit XRP_USDC-PERPETUALshort	0.0000%	1h	1.5188	+0.050%	$7.7M	$24.0M	50x
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5184	+0.023%	$247K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.501%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0078%	1h	1.5185	+0.032%	$14.6M	$73.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5178	−0.017%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5189	+0.055%	$2.8M	$15.3M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5193	+0.083%	$605K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5177	−0.022%	$20K	$383K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5180	+0.001%	$999K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5185	+0.032%	$38.5M	$86.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5185	+0.031%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5185	+0.028%	$530.1M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5179	−0.009%	$350.3M	$948.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5180	−0.002%	$127.5M	$863.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5175	−0.035%	$564K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5191	+0.070%	$144K	$715K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5189	+0.057%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5185	+0.031%	$378.0M	$163.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5189	+0.057%	$310.9M	$931.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5188	+0.048%	$106.7M	$183.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5178	−0.015%	$269.1M	$388.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5187	+0.044%	—	$107.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5167	−0.085%	$4.8M	$38.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5161	−0.130%	$658K	$113.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5176	−0.029%	$1.1M	$33.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5161	−0.127%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5184	+0.022%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5183	+0.017%	$52K	$514K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5184	+0.025%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5182	+0.011%	$77K	$689K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5164	−0.109%	$816K	$77K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5185	+0.028%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5183	+0.017%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5191	+0.069%	$49.6M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5189	+0.057%	$54.1M	$32.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5189	+0.055%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5176	−0.029%	$2.1M	$6.9M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5187	+0.044%	$8K	$2K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5181	+0.003%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0111% / S −0.0074%	1h	1.5184	+0.021%	$784K	—	200x	as long as short
Hyperliquid XRP	+0.0148%	1h	1.5200	+0.129%	$290.1M	$268.2M	20x	as long as short
Kalshi KXXRPPERP	+0.0161%	8h	1.5192	+0.077%	$1.8M	$33.6M	2.9x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5188	+0.050%	$5.6M	$48.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0183%	1h	1.5199	+0.123%	$2.0M	$1.4M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5173	−0.048%	$23.6M	$77.7M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5178	−0.018%	$1.3M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0394%	1h	1.5190	+0.064%	$521K	$798K	10x	as long as short
Phoenix XRP	+0.0526%	1h	1.5180	−0.002%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSDlong	+0.0570%	1h	1.5180	long leg	$2K	$16K	10x