Funding you earn now, next payment 00:00 UTC−0.0726%/8h= −79.5% APRpaid last 24h −0.136%
Price spread now: Katana Perps against Aftermath Perps−0.115%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Katana Perps is 0.115% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps XRPUSD | 1.5614 | 0.0827 | pay 0.0103% / 1h | 48m 01s | $1K | $11K | 10x |
| Short | Katana Perps XRP-USD | 1.5596 | 0.0101 | get 0.0101% / 8h | 48m 01s | $13K | $266K | 20x |
Aftermath Perps XRPUSD
Katana Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$152.47
- Price spread: −0.115% → 0.000%
- −$11.51
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$176.77
- Costs to cover
- 0.128%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Katana Perps: no order-book sample. 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 Katana Perps no order-book sample | — | — | — | — | — |
Aftermath Perps and Katana 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 | 1.5579 | −0.224% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5595 | −0.118% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5650 | +0.231% | $70K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5576 | −0.243% | $9.7M | $25.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5573 | −0.261% | $261K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0106% | 1h | 1.5573 | −0.259% | $856K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5575 | −0.248% | $15.6M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5574 | −0.256% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.346% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5575 | −0.248% | $3.0M | $12.5M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5576 | −0.243% | $444K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5591 | −0.150% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5576 | −0.245% | $39.5M | $79.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5594 | −0.129% | $642K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5570 | −0.282% | $557.5M | $2.01B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5569 | −0.288% | $346.4M | $912.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5569 | −0.288% | $127.2M | $889.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5650 | +0.231% | $582K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5595 | −0.121% | $117K | $752K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5633 | +0.123% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5572 | −0.269% | $372.2M | $143.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5576 | −0.243% | $301.7M | $865.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5574 | −0.255% | $113.4M | $162.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5568 | −0.294% | $272.3M | $369.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5578 | −0.230% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5634 | +0.125% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5649 | +0.223% | $681K | $103.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5635 | +0.132% | $1.1M | $40.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5640 | +0.167% | $1.0M | $887K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5591 | −0.147% | $49K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5577 | −0.236% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5576 | −0.244% | $838K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5582 | −0.207% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5574 | −0.256% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5574 | −0.259% | $51.1M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5575 | −0.250% | $55.4M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5591 | −0.150% | $486K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5588 | −0.166% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USDshort | +0.0101% | 8h | 1.5596 | −0.115% | $13K | $266K | 20x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5566 | −0.309% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5576 | −0.243% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5597 | −0.109% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5586 | −0.182% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5584 | −0.192% | $24.4M | $74.5M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5583 | −0.198% | $5.9M | $47.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5588 | −0.170% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5599 | −0.096% | $2.0M | $33.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0383% | 1h | 1.5583 | −0.198% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0596% | 1h | 1.5595 | −0.121% | $297.2M | $208.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5604 | −0.062% | $509K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSDlong | +0.0827% | 1h | 1.5614 | long leg | $1K | $11K | 10x |
Lighter RH XRP
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC