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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0741%/8h= +81.1% APRnext payment +$0.93 per $10,000 · paid last 24h +0.220%
Price spread now: Aftermath Perps against GMX−0.437%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
Funding pays, the price is against you. Aftermath Perps is 0.437% cheaper against GMX than usual: you would sell low and buy high (spread −0.437% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 47 hours of funding at the current rate (+$22 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XRP/USD [ETH-USDC]1.5320L −0.0210% / S +0.0297%get 0.0026% / 1h26m 16s$1.7M200x
ShortAftermath Perps XRPUSD1.52530.0530get 0.0066% / 1h26m 16s$1K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against GMX. 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
$155.55
Price spread: −0.437% → 0.000%
−$43.67
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$90.88
Costs to cover
0.210%
Break-even
2.9 days
Slippage unknown: GMX: 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 GMX no order-book sample
Sell Aftermath Perps no order-book sample
GMX 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
GMX XRP/USD [ETH-USDC]longL −0.0210% / S +0.0297%1h1.5320long leg$1.7M200x
Hotstuff XRP-PERP−0.0080%1h1.5265−0.361%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5316−0.029%$1.1M$99K10xas long as short
Phoenix XRP0.0000%1h1.5250−0.459%$68K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5322+0.011%$256K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5324+0.024%$9.2M$24.0M50xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.198%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0046%8h1.5314−0.042%$178K$788K50xas long as short
Lighter XRP+0.0096%1h1.5323+0.018%$3.0M$11.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5320−0.002%$445K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5305−0.097%$1.1M$5.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5317−0.024%$38.9M$71.6M100xas long as short
Pacifica XRP+0.0100%1h1.5322+0.011%$667K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5321+0.006%$547.8M$1.84B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5321+0.004%$343.1M$835.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5320−0.002%$123.6M$831.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5297−0.153%$569K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5315−0.035%$114K$647K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201−0.778%$1.6M$350K20xas long as short
Gate XRP_USDT+0.0100%8h1.5320−0.002%$367.4M$130.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5322+0.011%$288.7M$805.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5320−0.001%$113.6M$147.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5319−0.009%$266.5M$339.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5319−0.009%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5205−0.754%$6.2M$24.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202−0.773%$661K$95.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5221−0.649%$1.1M$41.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5204−0.760%$1.0M$848K50xas long as short
Vest XRP-PERP+0.0100%1h1.5304−0.108%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5315−0.035%$49K$475K20xas long as short
Bullet XRP-USD+0.0100%1h1.5320−0.002%$42K$59K20xas long as short
Derive XRP-PERP+0.0100%1h1.5318−0.015%$825K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5324+0.026%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5319−0.009%$28K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5303−0.111%$50.4M$14.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5317−0.022%$54.8M$28.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5302−0.118%$477K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5316−0.029%$11K$235K20xas long as short
Extended XRP-USD+0.0104%1h1.5317−0.024%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5317−0.021%$71K$40K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5319−0.009%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0143%1h1.5321+0.004%$1.7M$919K25xas long as short
Kraken Futures PF_XRPUSD+0.0170%1h1.5318−0.019%$15.3M$63.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5328+0.050%$5.4M$43.7M50xas long as short
Kalshi KXXRPPERP+0.0208%8h1.5297−0.153%$1.7M$31.5M2.9xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5311−0.060%$1.4M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5299−0.140%$23.9M$66.7M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5249−0.466%$19K$55K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5320−0.005%$406K$496K10xas long as short
Hyperliquid XRP+0.0464%1h1.5331+0.069%$281.9M$181.8M20xas long as short
Aftermath Perps XRPUSDshort+0.0530%1h1.5253−0.437%$1K$11K10x