XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.153%

Price spread now: Aftermath Perps against Phoenix−0.522%7-day average — · you buy dearer than you sell

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

Long on Phoenix 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

Funding pays, the price is against you. Aftermath Perps is 0.522% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.522% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$52 on $10k: about 11 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix XRP	1.5730	0.0516	pay 0.0064% / 1h	36m 41s	$70K	$90K	15x
Short	Aftermath Perps XRPUSD	1.5648	0.0669	get 0.0084% / 1h	36m 41s	$1K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phoenix. 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 PhoenixbpFee Aftermath PerpsbpOrdersPrice spread, now −0.522%Rate

Funding earned: $32.11
Price spread: −0.522% → 0.000%: −$52.25
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$36.14
Costs to cover: 0.160%
Break-even: 14.9 days

Slippage unknown: Phoenix: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Phoenix 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5603	−0.807%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5557	−1.097%	$1.1M	$104K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5603	−0.807%	$9.7M	$25.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5598	−0.836%	$261K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.797%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5599	−0.833%	$15.6M	$68.0M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0053%	8h	1.5601	−0.820%	$78K	$941K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0082% / S +0.0133%	1h	1.5606	−0.787%	$919K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5579	−0.958%	$3.0M	$11.9M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5586	−0.915%	$457K	$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	1.5589	−0.900%	$1.1M	$5.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5559	−1.088%	$39.5M	$76.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5565	−1.051%	$672K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5551	−1.138%	$561.4M	$1.94B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5563	−1.062%	$349.6M	$880.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5565	−1.049%	$127.2M	$871.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5561	−1.074%	$580K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5570	−1.017%	$119K	$731K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5683	−0.299%	$1.7M	$616K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5561	−1.074%	$373.7M	$138.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5563	−1.062%	$293.1M	$837.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5573	−1.001%	$114.7M	$157.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5563	−1.062%	$270.8M	$357.8M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5562	−1.068%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5690	−0.256%	$12.0M	$29.9M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5643	−0.551%	$679K	$99.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5652	−0.495%	$1.1M	$41.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5645	−0.540%	$1.0M	$880K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5601	−0.822%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5593	−0.871%	$46K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5604	−0.799%	$42K	$64K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5605	−0.797%	$840K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5599	−0.830%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5600	−0.826%	$31K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5582	−0.938%	$51.2M	$15.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5606	−0.788%	$55.6M	$29.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5564	−1.055%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5561	−1.074%	$12K	$249K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5562	−1.069%	$2.2M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5601	−0.820%	$73K	$40K	3x	as long as short
Hibachi XRP/USDT-P	+0.0128%	1h	1.5657	−0.466%	$18K	$81K	7x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5567	−1.036%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5587	−0.911%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5607	−0.782%	$5.8M	$46.8M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5608	−0.776%	$24.6M	$73.3M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0298%	1h	1.5609	−0.769%	$1.8M	$976K	25x	as long as short
Kalshi KXXRPPERP	+0.0325%	8h	1.5614	−0.737%	$1.9M	$32.3M	2.9x	as long as short
Phoenix XRPlong	+0.0516%	1h	1.5730	long leg	$70K	$90K	15x
RISEx XRP/USDC	+0.0527%	1h	1.5573	−0.998%	$508K	$615K	10x	as long as short
Hyperliquid XRP	+0.0607%	1h	1.5604	−0.801%	$291.0M	$199.6M	20x	as long as short
Aftermath Perps XRPUSDshort	+0.0669%	1h	1.5648	−0.522%	$1K	$11K	10x