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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0520%/8h= −56.9% APRnext payment $0.65 per $10,000 · paid last 24h −0.074%
Price spread now: Hyperliquid against Aftermath Perps−0.059%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Hyperliquid is 0.059% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$6 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 XRPUSD1.52130.0702pay 0.0088% / 1h58m 58s$2K$16K10x
ShortHyperliquid XRP1.52040.0182get 0.0023% / 1h58m 58s$289.6M$267.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$109.1
Price spread: −0.059% → 0.000%
−$5.94
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$133.04
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Hyperliquid: 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 Hyperliquid live order book, 5 min ago0.33 bp4.8 bp −$55.6 bp −$5610.2 bp −$1,020doesn'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%1h1.5195−0.119%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5195−0.121%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.046%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5191−0.145%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5196−0.112%$7.8M$24.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.281%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5192−0.136%$14.5M$74.3M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0094% / S −0.0050%1h1.5191−0.145%$784K200xas long as short
Lighter XRP+0.0096%1h1.5194−0.124%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5196−0.112%$545K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5190−0.151%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5193−0.128%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5192−0.139%$38.5M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5196−0.109%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5190−0.151%$532.1M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5187−0.171%$348.4M$960.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5192−0.138%$129.4M$883.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196−0.112%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5198−0.099%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195−0.116%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5188−0.165%$378.7M$159.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5193−0.132%$312.4M$915.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5191−0.142%$107.2M$183.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5187−0.171%$268.5M$395.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5187−0.171%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5187−0.172%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5204−0.057%$661K$114.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5196−0.113%$1.1M$35.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208−0.033%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5201−0.080%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5196−0.112%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5194−0.125%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5194−0.125%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5224+0.073%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5201−0.082%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5193−0.132%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5196−0.111%$49.6M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196−0.112%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5199−0.095%$474K$55K50xas long as short
Backpack XRP_USDC_PERP+0.0101%1h1.5199−0.092%$2.0M$1.4M25xas long as short
Extended XRP-USD+0.0104%1h1.5187−0.169%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5192−0.136%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0128%1h1.5202−0.070%$17K$79K7xas long as short
01 Exchange XRPUSD+0.0168%1h1.5201−0.079%$9K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5196−0.112%$5.6M$48.2M50xas long as short
Hyperliquid XRPshort+0.0182%1h1.5204−0.059%$289.6M$267.0M20x
Kalshi KXXRPPERP+0.0215%8h1.5202−0.073%$1.8M$34.7M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5191−0.147%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5193−0.132%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5199−0.092%$529K$806K10xas long as short
Aftermath Perps XRPUSDlong+0.0702%1h1.5213long leg$2K$16K10x