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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0478%/8h= −52.3% APRpaid last 24h −0.124%
Price spread now: Kalshi against Aftermath Perps+0.144%48s7-day average · you sell dearer than you buy
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 pays, funding is against you. Kalshi is 0.144% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 24 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.50610.0601pay 0.0075% / 1h34m 22s$2K$15K10x
ShortKalshi KXXRPPERP1.50830.0123get 0.0123% / 8h6h 34m$1.7M$35.7M2.9x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi 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
−$100.31
Price spread: +0.144% → 0.000%
$14.38
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$104.94
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Kalshi: 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 Kalshi live order book, 5 min ago1.99 bp10.5 bp −$1011.5 bp −$11518.1 bp −$1,814doesn'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%1h1.5041−0.135%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5079+0.116%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5042−0.129%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.057%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5030−0.208%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5030−0.209%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.311%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5028−0.220%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5045−0.109%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5043−0.125%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5045−0.109%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5033−0.188%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5044−0.112%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5047−0.095%$288.4M$258.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5033−0.185%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5044−0.112%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5028−0.218%$526.8M$2.19B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5027−0.228%$341.3M$958.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5028−0.221%$124.3M$889.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.168%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5046−0.102%$136K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057−0.030%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5030−0.208%$368.4M$157.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5034−0.182%$285.8M$911.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5043−0.123%$106.4M$180.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5026−0.235%$265.2M$396.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5031−0.201%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.039%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056−0.035%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.037%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062+0.004%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5045−0.107%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5040−0.142%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5029−0.215%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5027−0.228%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5024−0.247%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5084+0.153%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5080+0.124%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5080+0.123%$49.3M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5075+0.091%$53.7M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5052−0.064%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5039−0.152%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5025−0.245%$58K$25K3xas long as short
Kalshi KXXRPPERPshort+0.0123%8h1.5083+0.144%$1.7M$35.7M2.9x
Backpack XRP_USDC_PERP+0.0176%1h1.5077+0.104%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5085+0.157%$5.6M$48.5M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5080+0.125%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5032−0.192%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.117%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5046−0.103%$513K$777K10xas long as short
Aftermath Perps XRPUSDlong+0.0601%1h1.5061long leg$2K$15K10x