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−0.0677%/8h= −74.1% APRnext payment $0.85 per $10,000 · paid last 24h −0.136%
Price spread now: Ondo Perps against Aftermath Perps+0.082%7-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 fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.082% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.56370.0777pay 0.0097% / 1h51m 18s$1K$11K10x
ShortOndo Perps XRP-USD.P1.56500.0100get 0.0013% / 1h51m 18s$582K$42K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$142.19
Price spread: +0.082% → 0.000%
$8.21
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$147.98
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Ondo 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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Ondo Perps no order-book sample
Aftermath Perps and Ondo 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%1h1.5658+0.133%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5650+0.081%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5690+0.338%$70K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5633−0.027%$9.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5633−0.026%$262K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0004% / S +0.0107%1h1.5633−0.029%$860K200xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5634−0.020%$15.7M$68.9M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5632−0.033%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.493%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5632−0.033%$3.0M$12.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5635−0.014%$446K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5638+0.009%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5634−0.021%$39.7M$79.8M100xas long as short
Pacifica XRP+0.0100%1h1.5655+0.117%$645K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5628−0.059%$560.6M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5626−0.071%$349.1M$912.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5623−0.091%$128.0M$892.4M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5650+0.082%$582K$42K5x
Arcus XRP-USD+0.0100%1h1.5657+0.127%$119K$750K20xas long as short
Gate XRP_USDT+0.0100%8h1.5633−0.027%$374.0M$142.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5635−0.014%$303.9M$862.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5634−0.018%$113.9M$162.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5631−0.039%$273.1M$369.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5644+0.044%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5607−0.190%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5645+0.052%$679K$102.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5674+0.237%$1.1M$41.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5691+0.344%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5644+0.044%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5639+0.012%$45K$451K20xas long as short
Bullet XRP-USD+0.0100%1h1.5635−0.015%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5632−0.031%$841K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5634−0.020%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5632−0.033%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5631−0.040%$51.3M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5630−0.046%$55.6M$29.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5562−0.484%$1.7M$573K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5650+0.084%$488K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5658+0.133%$13K$264K20xas long as short
Extended XRP-USD+0.0104%1h1.5629−0.049%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5637−0.003%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5659+0.140%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5633−0.029%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5625−0.078%$24.4M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5641+0.025%$5.9M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5671+0.217%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5659+0.140%$2.0M$33.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0406%1h1.5667+0.191%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0597%1h1.5656+0.120%$297.6M$207.2M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5665+0.180%$511K$632K10xas long as short
Aftermath Perps XRPUSDlong+0.0777%1h1.5637long leg$1K$11K10x