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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0571%/8h= +62.5% APRnext payment +$0.71 per $10,000 · paid last 24h +0.157%
Price spread now: Aftermath Perps against Bullet+0.031%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Aftermath Perps is 0.031% dearer against Bullet than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet XRP-USD1.51440.0100pay 0.0013% / 1h56m 39s$41K$68K20x
ShortAftermath Perps XRPUSD1.51490.0671get 0.0084% / 1h56m 39s$2K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bullet. 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
$119.93
Price spread: +0.031% → 0.000%
$3.06
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$105.98
Costs to cover
0.170%
Break-even
0.8 days
Slippage unknown: Bullet: no order-book sample; Aftermath 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 Bullet no order-book sample
Sell Aftermath Perps no order-book sample
Bullet and 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%1h1.5135−0.059%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5124−0.134%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.040%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5141−0.018%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5141−0.020%$7.7M$25.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5137−0.044%$14.3M$73.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.747%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0048% / S +0.0018%1h1.5141−0.020%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0095%8h1.5140−0.026%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5134−0.066%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5135−0.059%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5121−0.152%$10K$331K20xas long as short
Nado XRP-PERP+0.0100%1h1.5139−0.030%$1.1M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5139−0.036%$38.3M$83.9M100xas long as short
Pacifica XRP+0.0100%1h1.5127−0.110%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5127−0.115%$532.1M$2.13B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5129−0.099%$346.3M$938.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5132−0.079%$127.7M$876.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5138−0.040%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5134−0.066%$118K$706K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114−0.198%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5128−0.106%$369.7M$152.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5129−0.099%$292.4M$895.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5126−0.117%$107.8M$175.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5130−0.092%$268.0M$386.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5131−0.086%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5154+0.065%$4.8M$38.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5146+0.014%$658K$108.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5141−0.021%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5151+0.046%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5142−0.013%$44K$454K20xas long as short
Bullet XRP-USDlong+0.0100%1h1.5144long leg$41K$68K20x
Derive XRP-PERP+0.0100%1h1.5141−0.022%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145+0.007%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5139−0.033%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5141−0.020%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5140−0.026%$53.9M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5130−0.090%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5143−0.009%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5125−0.123%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5136−0.052%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5134−0.066%$8K$8K10xas long as short
Hyperliquid XRP+0.0129%1h1.5146+0.013%$280.2M$228.1M20xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5147+0.020%$5.6M$47.1M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5142−0.014%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5140−0.025%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5140−0.026%$24.2M$76.1M125xas long as short
Backpack XRP_USDC_PERP+0.0242%1h1.5147+0.020%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0244%8h1.5151+0.046%$2.0M$35.0M2.9xas long as short
RISEx XRP/USDC+0.0358%1h1.5134−0.064%$515K$773K10xas long as short
Aftermath Perps XRPUSDshort+0.0671%1h1.5149+0.031%$2K$15K10x