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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0724%/8h= +79.3% APRnext payment +$0.90 per $10,000 · paid last 24h +0.167%
Price spread now: Aftermath Perps against Injective−2.578%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 2.578% cheaper against Injective than usual: you would sell low and buy high (spread −2.578% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$258 on $10k: about 12 days of funding at the current rate (+$22 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XRP/USDC PERP1.55600.0033pay 0.0004% / 1h26m 46s$2K$107K30x
ShortAftermath Perps XRPUSD1.51590.0757get 0.0095% / 1h26m 46s$2K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Injective. 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
$152
Price spread: −2.578% → 0.000%
−$257.82
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$114.84
Costs to cover
0.090%
Break-even
12.3 days
Slippage unknown: Injective: live order book, 42 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 Injective live order book, 42 min ago22.76 bp22.8 bp −$2335.7 bp −$357doesn't fitdoesn'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 50 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%1h1.5184−2.416%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5182−2.428%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5160−2.571%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5184−2.416%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0060%1h1.5184−2.419%$804K200xas long as short
Injective XRP/USDC PERPlong+0.0033%1h1.5560long leg$2K$107K30x
Kraken Futures PF_XRPUSD+0.0040%1h1.5184−2.419%$14.6M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5189−2.384%$62K$953K50xas long as short
Lighter XRP+0.0096%1h1.5191−2.371%$2.8M$14.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5190−2.378%$517K$3.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5173−2.487%$11K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5188−2.389%$890K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5182−2.432%$38.6M$84.1M100xas long as short
Pacifica XRP+0.0100%1h1.5193−2.360%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5194−2.354%$538.9M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5195−2.346%$342.7M$939.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5201−2.307%$124.7M$874.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5174−2.481%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5186−2.404%$115K$700K20xas long as short
Bulk XRP-USD+0.0100%1h1.5101−2.950%$1.6M$307K20xas long as short
Gate XRP_USDT+0.0100%8h1.5180−2.442%$369.4M$152.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5194−2.352%$291.7M$911.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5185−2.409%$107.2M$171.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5183−2.423%$266.2M$383.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5183−2.423%$126.9Mas long as short
Variational Omni XRP+0.0100%8h1.5152−2.621%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5164−2.545%$658K$108.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5164−2.545%$1.1M$38.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5179−2.449%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5187−2.394%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5191−2.371%$44K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5189−2.384%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5191−2.373%$817K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5187−2.397%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5184−2.416%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5186−2.406%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5178−2.455%$54.0M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5195−2.345%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5172−2.490%$2.1M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5185−2.408%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0128%1h1.5190−2.378%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0211%1h1.5190−2.378%$7.7M$25.3M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5188−2.390%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5193−2.359%$5.7M$46.8M50xas long as short
Hyperliquid XRP+0.0219%1h1.5195−2.346%$281.2M$223.4M20xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5174−2.479%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0355%8h1.5191−2.371%$2.1M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0364%1h1.5194−2.352%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5192−2.366%$538K$783K10xas long as short
Aftermath Perps XRPUSDshort+0.0757%1h1.5159−2.578%$2K$14K10x