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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0627%/8h= −68.6% APRpaid last 24h −0.136%
Price spread now: Orderly against Aftermath Perps−0.560%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 −$19 a day on $10k at the current rate, and Orderly is 0.560% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$56 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 XRPUSD1.56360.0679pay 0.0085% / 1h36m 31s$1K$11K10x
ShortOrderly PERP_XRP_USDC1.55490.0053get 0.0053% / 8h1h 36m$78K$941K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$131.59
Price spread: −0.560% → 0.000%
−$55.95
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$202.54
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Orderly: 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 Orderly no order-book sample
Aftermath Perps and Orderly: 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%1h1.5603−0.214%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5557−0.505%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5603−0.214%$9.7M$25.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5555−0.519%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−2.216%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5599−0.240%$15.6M$68.0M50xas long as short
Orderly PERP_XRP_USDCshort+0.0053%8h1.5549−0.560%$78K$941K50x
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0132%1h1.5554−0.525%$916K200xas long as short
Lighter XRP+0.0096%1h1.5579−0.366%$3.0M$11.9M20xas long as short
Lighter RH XRP+0.0096%1h1.5586−0.323%$457K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5558−0.499%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5552−0.537%$39.5M$76.6M100xas long as short
Pacifica XRP+0.0100%1h1.5565−0.459%$672K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5552−0.540%$561.4M$1.95B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5551−0.547%$349.1M$881.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5555−0.521%$127.2M$870.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5561−0.483%$580K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5570−0.425%$119K$731K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683+0.297%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5553−0.534%$373.6M$138.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5554−0.528%$293.3M$838.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5555−0.523%$114.5M$157.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5559−0.496%$270.7M$357.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5556−0.515%$116.7Mas long as short
Variational Omni XRP+0.0100%8h1.5690+0.340%$12.0M$29.9Mas long as short
edgeX XRPUSDC+0.0100%4h1.5643+0.044%$679K$99.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5652+0.100%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5645+0.054%$1.0M$880K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5564−0.464%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5548−0.566%$42K$64K20xas long as short
Derive XRP-PERP+0.0100%1h1.5605−0.203%$840K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5599−0.237%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5600−0.233%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5582−0.346%$51.2M$15.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5606−0.195%$55.6M$29.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5569−0.430%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5564−0.464%$485K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5561−0.483%$12K$249K20xas long as short
Extended XRP-USD+0.0104%1h1.5562−0.477%$2.2M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5601−0.226%$73K$40K3xas long as short
Hibachi XRP/USDT-P+0.0136%1h1.5609−0.177%$18K$81K7xas long as short
01 Exchange XRPUSD+0.0160%1h1.5567−0.444%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5557−0.510%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5607−0.189%$5.8M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5608−0.182%$24.6M$73.3M125xas long as short
Backpack XRP_USDC_PERP+0.0298%1h1.5609−0.176%$1.8M$976K25xas long as short
Kalshi KXXRPPERP+0.0325%8h1.5614−0.144%$1.9M$32.3M2.9xas long as short
Phoenix XRP+0.0516%1h1.5730+0.598%$70K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5573−0.405%$508K$615K10xas long as short
Hyperliquid XRP+0.0605%1h1.5573−0.406%$290.5M$199.8M20xas long as short
Aftermath Perps XRPUSDlong+0.0679%1h1.5636long leg$1K$11K10x