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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0680%/8h= −74.5% APRnext payment $0.85 per $10,000 · paid last 24h −0.149%
Price spread now: Injective against Aftermath Perps−0.145%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 Injective is 0.145% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$14 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 XRPUSD1.55830.0770pay 0.0096% / 1h54m 34s$1K$11K10x
ShortInjective XRP/USDC PERP1.55600.0089get 0.0011% / 1h54m 34s$2K$107K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$142.88
Price spread: −0.145% → 0.000%
−$14.5
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$166.4
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Injective: live order book, 24 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 Injective live order book, 24 min ago44.99 bp45.0 bp −$4557.7 bp −$577doesn't fitdoesn'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%1h1.5674+0.587%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5672+0.577%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5653+0.452%$9.7M$25.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5650+0.433%$262K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0003% / S +0.0109%1h1.5646+0.406%$860K200xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5654+0.455%$15.7M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0055%8h1.5650+0.433%$77K$909K50xas long as short
ApeX Omni XRPUSDT+0.0081%1h1.5590+0.048%$1.0M$886K50xas long as short
Injective XRP/USDC PERPshort+0.0089%1h1.5560−0.145%$2K$107K30x
Lighter XRP+0.0096%1h1.5675+0.592%$3.0M$12.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5675+0.593%$447K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5667+0.542%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5668+0.550%$39.8M$79.6M100xas long as short
Pacifica XRP+0.0100%1h1.5669+0.557%$645K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5674+0.586%$562.3M$2.00B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5666+0.535%$349.4M$909.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5664+0.522%$128.4M$893.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5593+0.067%$580K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5670+0.561%$119K$748K20xas long as short
Gate XRP_USDT+0.0100%8h1.5670+0.561%$375.3M$142.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5661+0.503%$305.5M$857.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5670+0.563%$114.4M$162.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5675+0.593%$273.7M$368.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5672+0.574%$120.1Mas long as short
Variational Omni XRP+0.0100%8h1.5607+0.159%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5584+0.012%$677K$102.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5610+0.175%$1.1M$41.0M20xas long as short
Vest XRP-PERP+0.0100%1h1.5641+0.376%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5659+0.490%$46K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5650+0.433%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5654+0.457%$843K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5654+0.459%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5650+0.433%$29K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5643+0.391%$51.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5655+0.465%$55.7M$29.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5562−0.135%$1.7M$573K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5668+0.548%$488K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5676+0.599%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5674+0.584%$2.2M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5651+0.438%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0160%1h1.5681+0.632%$9K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5648+0.418%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5649+0.426%$24.5M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5659+0.490%$6.0M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5591+0.053%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5661+0.503%$2.0M$33.5M2.9xas long as short
Backpack XRP_USDC_PERP+0.0419%1h1.5663+0.516%$1.7M$1.0M25xas long as short
Phoenix XRP+0.0516%1h1.5600+0.112%$69K$90K15xas long as short
Hyperliquid XRP+0.0624%1h1.5692+0.702%$296.6M$206.0M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5687+0.668%$511K$632K10xas long as short
Aftermath Perps XRPUSDlong+0.0770%1h1.5583long leg$1K$11K10x