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+0.0677%/8h= +74.1% APRnext payment +$0.85 per $10,000 · paid last 24h +0.136%
Price spread now: Aftermath Perps against Ondo Perps−0.082%46s7-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 airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.082% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 10 hours of funding at the current rate (+$20 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.56500.0100pay 0.0013% / 1h50m 27s$582K$42K5x
ShortAftermath Perps XRPUSD1.56370.0777get 0.0097% / 1h50m 27s$1K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Ondo Perps. 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
$142.19
Price spread: −0.082% → 0.000%
−$8.2
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$119.99
Costs to cover
0.140%
Break-even
1.1 days
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample
Sell Aftermath Perps no order-book sample
Ondo Perps and 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%1h1.5636−0.089%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5606−0.281%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5690+0.256%$70K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5633−0.109%$9.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5633−0.108%$262K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0004% / S +0.0107%1h1.5633−0.111%$860K200xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5634−0.102%$15.7M$68.9M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5632−0.115%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.575%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5622−0.179%$3.0M$12.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5638−0.077%$446K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5598−0.332%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5608−0.271%$39.6M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5622−0.180%$643K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5607−0.273%$559.9M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5606−0.281%$347.5M$913.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5605−0.288%$127.6M$890.5M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5650long leg$582K$42K5x
Arcus XRP-USD+0.0100%1h1.5604−0.294%$117K$753K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633−0.108%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5598−0.332%$373.1M$142.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5599−0.326%$303.7M$863.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5633−0.106%$113.7M$162.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5607−0.275%$272.7M$369.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5597−0.339%$120.2Mas long as short
Variational Omni XRP+0.0100%8h1.5607−0.272%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5645−0.030%$679K$102.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5674+0.155%$1.1M$41.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5691+0.262%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5615−0.222%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5609−0.262%$45K$451K20xas long as short
Bullet XRP-USD+0.0100%1h1.5635−0.097%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5632−0.113%$841K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5634−0.102%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5632−0.115%$30K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5631−0.122%$51.3M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5630−0.128%$55.6M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5632−0.118%$487K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5621−0.185%$13K$264K20xas long as short
Extended XRP-USD+0.0104%1h1.5592−0.374%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5637−0.085%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5617−0.211%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5604−0.296%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5625−0.160%$24.4M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5641−0.058%$5.9M$48.1M50xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5639−0.071%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5659+0.058%$2.0M$33.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0399%1h1.5633−0.109%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0592%1h1.5627−0.150%$297.4M$207.6M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5617−0.209%$509K$632K10xas long as short
Aftermath Perps XRPUSDshort+0.0777%1h1.5637−0.082%$1K$11K10x