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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0628%/8h= +68.7% APRnext payment +$0.78 per $10,000 · paid last 24h +0.218%
Price spread now: Aftermath Perps against Hotstuff+0.088%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Aftermath Perps is 0.088% dearer against Hotstuff than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5194−0.0080get 0.0010% / 1h39m 02s$5K$3K20x
ShortAftermath Perps XRPUSD1.52070.0548get 0.0068% / 1h39m 02s$2K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Hotstuff. 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
$131.84
Price spread: +0.088% → 0.000%
$8.79
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$126.63
Costs to cover
0.140%
Break-even
0.3 days
Slippage unknown: Hotstuff: 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 Hotstuff no order-book sample
Sell Aftermath Perps no order-book sample
Hotstuff 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
Kraken Futures PF_XRPUSD−0.0172%1h1.5190−0.027%$14.7M$75.3M50xas long as short
Hotstuff XRP-PERPlong−0.0080%1h1.5194long leg$5K$3K20x
dYdX XRP-USD0.0000%1h1.5205+0.070%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5200+0.039%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5197+0.020%$7.7M$23.8M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5192−0.016%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.409%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5205+0.072%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5190−0.024%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5193−0.007%$619K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5193−0.007%$20K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5202+0.056%$994K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5190−0.028%$38.5M$84.4M100xas long as short
Pacifica XRP+0.0100%1h1.5207+0.087%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5185−0.059%$529.3M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5184−0.066%$354.4M$944.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5184−0.066%$126.8M$853.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5204+0.066%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5208+0.092%$143K$708K20xas long as short
Bulk XRP-USD+0.0100%1h1.5227+0.220%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5185−0.059%$374.4M$152.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5188−0.039%$312.4M$914.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5193−0.008%$106.5M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5183−0.072%$269.0M$383.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5187−0.046%$108.8Mas long as short
Variational Omni XRP+0.0100%8h1.5191−0.020%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5199+0.031%$661K$112.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5210+0.105%$1.1M$33.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5202+0.053%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5199+0.031%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5208+0.092%$52K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5194−0.002%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5196+0.013%$77K$648K50xas long as short
Derive XRP-PERP+0.0100%1h1.5195+0.004%$817K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5206+0.082%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5191−0.020%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5208+0.092%$49.7M$15.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5191−0.020%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5209+0.098%$474K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5189−0.036%$2.1M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5191−0.022%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0117% / S −0.0082%1h1.5191−0.020%$788K200xas long as short
01 Exchange XRPUSD+0.0128%1h1.5204+0.066%$9K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5196+0.013%$5.6M$47.9M50xas long as short
Kalshi KXXRPPERP+0.0172%8h1.5206+0.079%$1.7M$33.3M2.9xas long as short
Hyperliquid XRP+0.0179%1h1.5199+0.030%$290.4M$267.1M20xas long as short
BloFin XRP-USDT+0.0220%8h1.5183−0.072%$23.7M$77.9M125xas long as short
Reya XRPRUSDPERP+0.0221%1h1.5189−0.031%$1.3M$4K15xas long as short
Backpack XRP_USDC_PERP+0.0230%1h1.5196+0.013%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0337%1h1.5200+0.037%$521K$798K10xas long as short
Aftermath Perps XRPUSDshort+0.0548%1h1.5207+0.088%$2K$16K10x