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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0297%/8h= −32.5% APRnext payment $0.37 per $10,000 · paid last 24h −0.037%
Price spread now: RISEx against Aftermath Perps−0.034%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 −$9 a day on $10k at the current rate, and RISEx is 0.034% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$3 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 XRPUSD1.51750.0649pay 0.0081% / 1h21m 22s$2K$15K10x
ShortRISEx XRP/USDC1.51700.0352get 0.0044% / 1h21m 22s$517K$777K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$62.3
Price spread: −0.034% → 0.000%
−$3.4
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$80.7
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; RISEx: live order book, 37 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 RISEx live order book, 37 min ago1.42 bp4.4 bp −$410.2 bp −$102doesn't fitdoesn'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%1h1.5190+0.098%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5172−0.023%$14.3M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5177+0.009%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5190+0.098%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5167−0.054%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5177+0.012%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.536%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0043% / S +0.0025%1h1.5166−0.057%$791K200xas long as short
Orderly PERP_XRP_USDC+0.0086%8h1.5169−0.041%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5175−0.001%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5178+0.018%$499K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5160−0.100%$11K$326K20xas long as short
Nado XRP-PERP+0.0100%1h1.5171−0.024%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5183+0.051%$280.9M$226.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5169−0.040%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5175−0.003%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5171−0.028%$535.4M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5170−0.034%$347.6M$934.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5172−0.021%$126.2M$875.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5176+0.005%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5169−0.041%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174−0.007%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5167−0.054%$369.9M$154.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5170−0.034%$291.5M$901.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5172−0.018%$108.2M$174.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5171−0.028%$268.5M$384.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5170−0.034%$127.0Mas long as short
Variational Omni XRP+0.0100%8h1.5179+0.023%$5.2M$37.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5172−0.021%$659K$108.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5174−0.008%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5192+0.111%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5174−0.010%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5172−0.021%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5169−0.040%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5170−0.033%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5170−0.032%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5176+0.005%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5176+0.003%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5173−0.014%$54.2M$30.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5170−0.037%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5166−0.057%$2.0M$6.8M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5170−0.034%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5168−0.045%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0178%1h1.5182+0.045%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5181+0.038%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5185+0.066%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5170−0.034%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5179+0.025%$24.2M$76.2M125xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5184+0.058%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDCshort+0.0352%1h1.5170−0.034%$517K$777K10x
Aftermath Perps XRPUSDlong+0.0649%1h1.5175long leg$2K$15K10x