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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0596%/8h= −65.2% APRpaid last 24h −0.136%
Price spread now: Phemex against Aftermath Perps−0.015%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.53530.0784pay 0.0098% / 1h58m 08s$1K$11K10x
ShortPhemex XRPUSDT1.53510.0188get 0.0188% / 8h7h 58m$54.7M$29.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
−$125.1
Price spread: −0.015% → 0.000%
−$1.5
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$147.6
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Phemex: live order book, 6 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 Phemex live order book, 6 min ago0.98 bp8.1 bp −$812.1 bp −$12120.6 bp −$2,061doesn'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%1h1.5343−0.067%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5328−0.163%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5350−0.022%$68K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5344−0.059%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0008% / S +0.0089%1h1.5343−0.067%$841K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.346%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0061%8h1.5342−0.074%$75K$910K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0076%1h1.5347−0.041%$9.3M$25.7M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5346−0.048%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5351−0.018%$2.9M$13.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5353−0.002%$513K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5344−0.061%$12K$271K20xas long as short
Nado XRP-PERP+0.0100%1h1.5338−0.096%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5348−0.032%$38.9M$83.1M100xas long as short
Pacifica XRP+0.0100%1h1.5341−0.081%$634K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5354+0.005%$540.4M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5353−0.002%$340.1M$932.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5352−0.009%$125.5M$885.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5320−0.217%$571K$47K5xas long as short
Arcus XRP-USD+0.0100%1h1.5346−0.048%$116K$707K20xas long as short
Bulk XRP-USD+0.0100%1h1.5337−0.106%$1.7M$565K20xas long as short
Gate XRP_USDT+0.0100%8h1.5347−0.041%$372.4M$147.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5352−0.009%$300.9M$888.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5345−0.052%$109.6M$167.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5349−0.028%$269.2M$378.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5347−0.041%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5346−0.045%$6.4M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5347−0.044%$666K$106.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5369+0.102%$1.1M$40.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5352−0.009%$1.0M$902K50xas long as short
Vest XRP-PERP+0.0100%1h1.5341−0.080%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5342−0.074%$48K$458K20xas long as short
Bullet XRP-USD+0.0100%1h1.5342−0.073%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5344−0.060%$826K$82K10xas long as short
SunX XRP-USDT+0.0100%8h1.5347−0.042%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5344−0.061%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5341−0.077%$50.3M$15.7M75xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5338−0.101%$478K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5341−0.082%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5343−0.064%$55K$18K3xas long as short
Phemex XRPUSDTshort+0.0188%8h1.5351−0.015%$54.7M$29.7M50x
Reya XRPRUSDPERP+0.0213%1h1.5338−0.103%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5351−0.015%$24.0M$75.0M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5350−0.022%$5.8M$46.9M50xas long as short
Backpack XRP_USDC_PERP+0.0243%1h1.5356+0.018%$1.7M$1.2M25xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5343−0.065%$14.9M$70.3M50xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5367+0.088%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0317%8h1.5350−0.022%$2.2M$35.3M2.9xas long as short
Hyperliquid XRP+0.0533%1h1.5364+0.070%$291.0M$216.7M20xas long as short
Aftermath Perps XRPUSDlong+0.0784%1h1.5353long leg$1K$11K10x
RISEx XRP/USDC+0.0828%1h1.5349−0.029%$512K$753K10xas long as short