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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0259%/8h= +28.4% APRnext payment +$0.32 per $10,000 · paid last 24h +0.061%
Price spread now: Aftermath Perps against Hyperliquid−0.344%58s7-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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.344% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.344% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 4.4 days of funding at the current rate (+$8 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XRP1.56000.0508pay 0.0063% / 1h58m 27s$293.2M$206.7M20x
ShortAftermath Perps XRPUSD1.55460.0767get 0.0096% / 1h58m 27s$1K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Hyperliquid. 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
$54.47
Price spread: −0.344% → 0.000%
−$34.39
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$2.08
Costs to cover
0.180%
Break-even
6.7 days
Slippage unknown: Hyperliquid: live order book, 6 min ago; 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 Hyperliquid live order book, 6 min ago0.32 bp5.2 bp −$56.2 bp −$6211.9 bp −$1,192doesn't fit
Sell Aftermath Perps no order-book sample
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%1h1.5574−0.167%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5563−0.235%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5572−0.179%$9.6M$25.4M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0002% / S +0.0110%1h1.5566−0.217%$855K200xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5567−0.210%$260K150xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5569−0.196%$15.6M$68.8M50xas long as short
Orderly PERP_XRP_USDC+0.0055%8h1.5568−0.205%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.256%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5572−0.182%$3.0M$12.5M20xas long as short
Nado XRP-PERP+0.0100%1h1.5573−0.175%$1.1M$5.4M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5578−0.142%$39.6M$79.2M100xas long as short
Pacifica XRP+0.0100%1h1.5573−0.176%$641K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5584−0.103%$560.2M$2.00B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5583−0.109%$348.5M$907.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5583−0.109%$127.9M$887.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5574−0.167%$578K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5581−0.122%$119K$747K20xas long as short
Gate XRP_USDT+0.0100%8h1.5573−0.173%$373.1M$142.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5578−0.141%$302.3M$854.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5566−0.220%$113.5M$161.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5583−0.109%$272.4M$367.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5570−0.192%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5530−0.446%$11.6M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5526−0.471%$674K$102.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5558−0.267%$1.1M$41.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5520−0.513%$1.0M$885K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5585−0.096%$46K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5566−0.221%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5571−0.188%$838K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5566−0.216%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5569−0.199%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5550−0.324%$51.1M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5568−0.205%$55.4M$29.1M50xas long as short
Bulk XRP-USD+0.0100%1h1.5562−0.246%$1.7M$573K20xas long as short
Vest XRP-PERP+0.0100%1h1.5576−0.156%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5578−0.141%$486K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5584−0.103%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5575−0.158%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5567−0.212%$73K$40K3xas long as short
Lighter RH XRP+0.0144%1h1.5567−0.212%$444K$3.1M20xas long as short
01 Exchange XRPUSD+0.0160%1h1.5585−0.096%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5580−0.125%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5572−0.179%$24.5M$74.2M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5577−0.147%$5.9M$47.8M50xas long as short
Backpack XRP_USDC_PERP+0.0244%1h1.5580−0.128%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0288%1h1.5569−0.200%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5576−0.154%$2.0M$33.3M2.9xas long as short
Hyperliquid XRPlong+0.0508%1h1.5600long leg$293.2M$206.7M20x
Phoenix XRP+0.0516%1h1.5530−0.449%$69K$89K15xas long as short
RISEx XRP/USDC+0.0761%1h1.5590−0.063%$510K$631K10xas long as short
Aftermath Perps XRPUSDshort+0.0767%1h1.5546−0.344%$1K$11K10x