Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0432%/8h= +47.3% APRpaid last 24h +0.126%

Price spread now: Aftermath Perps against KuCoin+0.282%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Aftermath Perps is 0.282% dearer against KuCoin than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XRPUSDTM	1.5406	0.0100	pay 0.0100% / 8h	2h 08m	$112.1M	$149.2M	75x
Short	Aftermath Perps XRPUSD	1.5450	0.0532	get 0.0067% / 1h	8m 58s	$1K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee Aftermath PerpsbpOrdersPrice spread, now +0.282%Rate

Funding earned: $90.76
Price spread: +0.282% → 0.000%: $28.17
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $97.93
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 10 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 10 min ago	0.03 bp	10.2 bp −$10	14.5 bp −$145	31.9 bp −$3,187	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5477	+0.460%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5451	+0.289%	$1.1M	$101K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5450	+0.284%	$69K	$89K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5433	+0.174%	$9.4M	$24.7M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5432	+0.168%	$258K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	−0.754%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0047%	8h	1.5438	+0.206%	$80K	$933K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0075% / S +0.0169%	1h	1.5431	+0.163%	$909K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5431	+0.159%	$3.0M	$11.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5426	+0.129%	$446K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5442	+0.236%	$1.1M	$5.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5407	+0.005%	$39.2M	$73.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5447	+0.265%	$675K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5414	+0.053%	$554.6M	$1.87B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5405	−0.008%	$346.5M	$852.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5403	−0.021%	$126.1M	$846.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5427	+0.135%	$574K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5449	+0.278%	$120K	$686K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5472	+0.424%	$1.7M	$470K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5408	+0.012%	$368.0M	$133.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5402	−0.027%	$293.0M	$820.9M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5406	long leg	$112.1M	$149.2M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5404	−0.014%	$266.9M	$346.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5421	+0.096%	—	$114.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5487	+0.525%	$6.7M	$24.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5464	+0.373%	$671K	$95.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5471	+0.422%	$1.1M	$41.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5489	+0.537%	$1.0M	$878K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5442	+0.233%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5445	+0.252%	$50K	$468K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5435	+0.187%	$42K	$60K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5432	+0.166%	$831K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5450	+0.287%	$129K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5429	+0.148%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5420	+0.092%	$50.8M	$14.9M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5415	+0.057%	$55.1M	$28.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5443	+0.242%	$481K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5443	+0.239%	$12K	$239K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5402	−0.028%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5431	+0.164%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5450	+0.284%	$8K	$8K	10x	as long as short
Kraken Futures PF_XRPUSD	+0.0169%	1h	1.5427	+0.135%	$15.7M	$65.3M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5440	+0.219%	$5.6M	$45.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0200%	1h	1.5421	+0.096%	$1.8M	$953K	25x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5436	+0.190%	$1.4M	$9K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5429	+0.148%	$24.2M	$68.5M	125x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5481	+0.486%	$19K	$66K	7x	as long as short
Kalshi KXXRPPERP	+0.0299%	8h	1.5457	+0.330%	$1.8M	$32.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5453	+0.306%	$406K	$499K	10x	as long as short
Hyperliquid XRP	+0.0506%	1h	1.5428	+0.142%	$284.3M	$190.3M	20x	as long as short
Aftermath Perps XRPUSDshort	+0.0532%	1h	1.5450	+0.282%	$1K	$11K	10x