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+0.0645%/8h= +70.6% APRnext payment +$0.81 per $10,000 · paid last 24h +0.141%
Price spread now: Aftermath Perps against Kraken Futures+0.036%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 +$19 a day on $10k at the current rate, and Aftermath Perps is 0.036% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XRPUSD1.5114−0.0001get 0.0000% / 1h53m 14s$14.3M$75.1M50x
ShortAftermath Perps XRPUSD1.51200.0644get 0.0080% / 1h53m 14s$2K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Kraken Futures. 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
$135.37
Price spread: +0.036% → 0.000%
$3.65
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$120.02
Costs to cover
0.190%
Break-even
0.8 days
Slippage unknown: Kraken Futures: 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 Kraken Futures live order book, 6 min ago3.31 bp12.9 bp −$1313.3 bp −$13321.7 bp −$2,16644.7 bp −$22.4K
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%1h1.5107−0.047%$5K$3K20xas long as short
Kraken Futures PF_XRPUSDlong−0.0001%1h1.5114long leg$14.3M$75.1M50x
dYdX XRP-USD0.0000%1h1.5102−0.083%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5120+0.039%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5117+0.019%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5108−0.042%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.950%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5111−0.020%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5108−0.038%$792K200xas long as short
Lighter XRP+0.0096%1h1.5115+0.004%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5116+0.013%$497K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5106−0.053%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5111−0.024%$941K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5117+0.019%$290.6M$257.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5111−0.018%$38.7M$86.4M100xas long as short
Pacifica XRP+0.0100%1h1.5110−0.028%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.51140.000%$531.4M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5108−0.040%$341.8M$949.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5110−0.027%$125.2M$887.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5124+0.066%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5113−0.007%$137K$717K20xas long as short
Gate XRP_USDT+0.0100%8h1.5108−0.040%$372.1M$155.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5111−0.020%$294.1M$904.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5110−0.028%$107.9M$179.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5112−0.014%$268.2M$392.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5109−0.033%$105.1Mas long as short
Variational Omni XRP+0.0100%8h1.5139+0.164%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5113−0.009%$656K$111.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5138+0.155%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5147+0.218%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5109−0.033%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5112−0.014%$50K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5111−0.022%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5109−0.033%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5108−0.041%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5113−0.004%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5113−0.007%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5113−0.009%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5118+0.026%$53.9M$31.7M50xas long as short
Bulk XRP-USD+0.0100%1h1.5107−0.044%$1.6M$29K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5109−0.036%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5109−0.034%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5110−0.027%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0159%8h1.5113−0.007%$1.8M$35.5M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5116+0.013%$5.7M$48.2M50xas long as short
Backpack XRP_USDC_PERP+0.0195%1h1.5120+0.039%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5109−0.032%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5115+0.006%$24.2M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5109−0.031%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5111−0.017%$515K$777K10xas long as short
Aftermath Perps XRPUSDshort+0.0644%1h1.5120+0.036%$2K$15K10x