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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0467%/8h= +51.2% APRpaid last 24h +0.124%
Price spread now: Aftermath Perps against Kalshi+0.082%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 +$14 a day on $10k at the current rate, and Aftermath Perps is 0.082% dearer against Kalshi than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXXRPPERP1.50490.0133pay 0.0133% / 8h6h 34m$1.7M$35.7M2.9x
ShortAftermath Perps XRPUSD1.50610.0601get 0.0075% / 1h34m 14s$2K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Kalshi. 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
$98.16
Price spread: +0.082% → 0.000%
$8.2
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$87.36
Costs to cover
0.190%
Break-even
0.8 days
Slippage unknown: Kalshi: live order book, 5 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 Kalshi live order book, 5 min ago1.99 bp9.4 bp −$912.6 bp −$12619.7 bp −$1,970doesn'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%1h1.5041−0.053%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5027−0.148%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5042−0.047%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5070+0.140%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5030−0.126%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5030−0.127%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.396%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5028−0.138%$787K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5045−0.027%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5028−0.141%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5031−0.120%$495K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5033−0.106%$11K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5044−0.030%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5038−0.073%$288.2M$258.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5025−0.159%$38.3M$86.7M100xas long as short
Pacifica XRP+0.0100%1h1.5044−0.031%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5026−0.153%$526.8M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5028−0.140%$341.4M$958.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5029−0.133%$124.3M$890.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5036−0.086%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5046−0.020%$136K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5057+0.052%$1.6M$30K20xas long as short
Gate XRP_USDT+0.0100%8h1.5027−0.146%$368.1M$157.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5027−0.146%$285.6M$911.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5028−0.141%$106.3M$180.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5023−0.173%$265.2M$396.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5023−0.173%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5067+0.121%$4.7M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5056+0.047%$654K$111.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5067+0.119%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5062+0.086%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5045−0.025%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5040−0.060%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5029−0.133%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5027−0.146%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5024−0.166%$808K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5029−0.130%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5027−0.146%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5035−0.094%$49.1M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5028−0.140%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5052+0.018%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5022−0.176%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5025−0.163%$58K$25K3xas long as short
Kalshi KXXRPPERPlong+0.0133%8h1.5049long leg$1.7M$35.7M2.9x
Backpack XRP_USDC_PERP+0.0170%1h1.5033−0.106%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5031−0.120%$5.6M$48.3M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5080+0.207%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5032−0.110%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5079+0.199%$23.5M$76.2M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5046−0.021%$513K$777K10xas long as short
Aftermath Perps XRPUSDshort+0.0601%1h1.5061+0.082%$2K$15K10x