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−0.0519%/8h= −56.9% APRnext payment $0.65 per $10,000 · paid last 24h −0.099%
Price spread now: Reya against Aftermath Perps−0.212%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Reya is 0.212% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$21 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 XRPUSD1.55350.0731pay 0.0091% / 1h28m 43s$1K$11K10x
ShortReya XRPRUSDPERP1.55020.0211get 0.0026% / 1h28m 43s$1.4M$9K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$109.04
Price spread: −0.212% → 0.000%
−$21.16
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Reya: 3 bp × 2 orders
−$6
Net
−$145.2
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Reya: 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 Reya no order-book sample
Aftermath Perps and Reya: 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%1h1.5461−0.474%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5536+0.009%$1.1M$114K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5505−0.190%$259K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−1.574%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5511−0.150%$15.4M$68.8M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0051% / S +0.0124%1h1.5504−0.195%$1.1M200xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5510−0.158%$77K$942K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0072%1h1.5514−0.133%$9.5M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5554+0.125%$3.0M$12.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5556+0.138%$440K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5502−0.208%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5554+0.125%$39.5M$78.1M100xas long as short
Pacifica XRP+0.0100%1h1.5504−0.197%$638K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5550+0.097%$559.5M$1.97B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5542+0.048%$347.4M$891.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5552+0.112%$127.2M$878.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5515−0.126%$577K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5506−0.184%$118K$739K20xas long as short
Gate XRP_USDT+0.0100%8h1.5532−0.017%$374.2M$139.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5537+0.016%$292.2M$848.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5522−0.081%$113.3M$158.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5553+0.119%$271.2M$362.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5549+0.093%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5485−0.322%$11.7M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5531−0.022%$674K$101.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5464−0.457%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5529−0.036%$1.0M$882K50xas long as short
Vest XRP-PERP+0.0100%1h1.5494−0.261%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5512−0.145%$45K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5506−0.183%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5514−0.135%$835K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5518−0.105%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5513−0.139%$29K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5499−0.230%$50.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5520−0.094%$55.3M$29.2M50xas long as short
Bulk XRP-USD+0.0100%1h1.5477−0.373%$1.7M$578K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5492−0.273%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5505−0.190%$11K$255K20xas long as short
Extended XRP-USD+0.0104%1h1.5527−0.051%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5511−0.152%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5510−0.158%$8K$8K10xas long as short
Hibachi XRP/USDT-P+0.0176%1h1.5475−0.381%$18K$81K7xas long as short
Reya XRPRUSDPERPshort+0.0211%1h1.5502−0.212%$1.4M$9K15x
Coinbase International XRP-PERP-INTX+0.0216%1h1.5516−0.120%$5.9M$47.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5510−0.158%$24.6M$73.4M125xas long as short
Backpack XRP_USDC_PERP+0.0253%1h1.5530−0.030%$1.8M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5503−0.203%$1.9M$32.7M2.9xas long as short
Phoenix XRP+0.0516%1h1.5480−0.351%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5515−0.128%$508K$629K10xas long as short
Hyperliquid XRP+0.0600%1h1.5572+0.241%$291.6M$202.5M20xas long as short
Aftermath Perps XRPUSDlong+0.0731%1h1.5535long leg$1K$11K10x