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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0250%/8h= −27.4% APRnext payment $0.31 per $10,000 · paid last 24h −0.132%
Price spread now: Coinbase International against Aftermath Perps+0.137%51s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.137% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 44 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.52990.0362pay 0.0045% / 1h6m 22s$3K$13K10x
ShortCoinbase International XRP-PERP-INTX1.53200.0112get 0.0014% / 1h6m 22s$5.5M$42.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aftermath 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
−$52.48
Price spread: +0.137% → 0.000%
$13.73
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$57.74
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 6 min ago. 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 Aftermath Perps no order-book sample
Sell Coinbase International live order book, 6 min ago0.33 bp6.8 bp −$710.0 bp −$10024.9 bp −$2,494doesn't fit
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 exchanges

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%1h1.5395+0.628%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5322+0.148%$13.8M$69.3M50xas long as short
dYdX XRP-USD0.0000%1h1.5317+0.117%$1.1M$154K10xas long as short
01 Exchange XRPUSD0.0000%1h1.5331+0.209%$9K$98710xas long as short
Phoenix XRP0.0000%1h1.5290−0.059%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5327+0.183%$7.7M$20.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5296−0.018%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.706%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5312+0.082%$17K$70K7xas long as short
Lighter XRP+0.0096%1h1.5323+0.157%$2.8M$14.2M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5328+0.190%$599K$3.2M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5324+0.163%$478K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5322+0.150%$10K$410K20xas long as short
Nado XRP-PERP+0.0100%1h1.5321+0.146%$838K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5343+0.288%$297.6M$264.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5329+0.195%$39.0M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5325+0.170%$589K$987K20xas long as short
Binance XRPUSDT+0.0100%8h1.5328+0.193%$533.1M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5323+0.157%$361.2M$860.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5323+0.157%$124.2M$824.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5267−0.209%$562K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5330+0.203%$163K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5282−0.110%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5330+0.203%$377.8M$161.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5329+0.196%$316.3M$908.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5327+0.180%$105.0M$180.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5324+0.163%$271.3M$350.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5323+0.157%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5273−0.172%$4.9M$38.0Mas long as short
edgeX XRPUSDC+0.0100%4h1.5277−0.141%$664K$106.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.52990.000%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5287−0.078%$1.2M$1.2M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5330+0.203%$52K$470K20xas long as short
Bullet XRP-USD+0.0100%1h1.5328+0.190%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5325+0.170%$83K$601K50xas long as short
Derive XRP-PERP+0.0100%1h1.5303+0.026%$823K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5321+0.142%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5316+0.111%$32K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5299+0.001%$49.9M$13.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5316+0.111%$54.6M$33.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5327+0.184%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5317+0.115%$2.2M$6.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5320+0.137%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTXshort+0.0112%1h1.5320+0.137%$5.5M$42.6M50x
Kalshi KXXRPPERP+0.0117%8h1.5317+0.118%$1.9M$35.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0152%1h1.5329+0.196%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5313+0.092%$23.7M$77.5M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5325+0.167%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5333+0.220%$507K$723K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0245% / S −0.0472%1h1.5328+0.189%$886K200xas long as short
Aftermath Perps XRPUSDlong+0.0362%1h1.5299long leg$3K$13K10x