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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0473%/8h= −51.8% APRnext payment $0.59 per $10,000 · paid last 24h −0.185%
Price spread now: Deribit against Aftermath Perps−0.066%7-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 feesneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Deribit is 0.066% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.51520.0553pay 0.0069% / 1h46m 49s$2K$16K10x
ShortDeribit XRP_USDC-PERPETUAL1.51420.0080get 0.0010% / 1h46m 49s$7.7M$25.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$99.3
Price spread: −0.066% → 0.000%
−$6.58
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$121.87
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Deribit: live order book, 2 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 Deribit live order book, 2 min ago0.99 bp5.5 bp −$67.9 bp −$7945.6 bp −$4,561doesn'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 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%1h1.5146−0.039%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5146−0.038%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.119%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5137−0.097%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5139−0.083%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.693%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5143−0.059%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0079% / S −0.0027%1h1.5137−0.099%$798K200xas long as short
Deribit XRP_USDC-PERPETUALshort+0.0080%1h1.5142−0.066%$7.7M$25.1M50x
Lighter XRP+0.0096%1h1.5138−0.092%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5139−0.086%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5137−0.099%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147−0.036%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5133−0.124%$38.4M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5146−0.037%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5127−0.166%$527.7M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5126−0.171%$344.3M$967.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5128−0.158%$127.0M$890.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5146−0.039%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5144−0.053%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.152%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5130−0.145%$372.6M$159.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5131−0.138%$298.2M$918.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5132−0.132%$107.2M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5130−0.145%$266.7M$400.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5122−0.198%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5130−0.145%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5150−0.011%$658K$114.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5141−0.074%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5154+0.013%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5144−0.051%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5141−0.072%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5138−0.094%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5138−0.092%$65K$929K50xas long as short
Derive XRP-PERP+0.0100%1h1.5138−0.094%$814K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5143−0.062%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5138−0.092%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5140−0.079%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5135−0.112%$54.0M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5150−0.014%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5126−0.169%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5137−0.099%$58K$25K3xas long as short
Hyperliquid XRP+0.0161%1h1.5146−0.039%$288.9M$264.3M20xas long as short
Backpack XRP_USDC_PERP+0.0162%1h1.5144−0.053%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5146−0.040%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5145−0.046%$5.7M$48.3M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5135−0.110%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5136−0.105%$23.5M$77.8M125xas long as short
Kalshi KXXRPPERP+0.0223%8h1.5149−0.020%$1.7M$35.4M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5146−0.037%$522K$796K10xas long as short
Aftermath Perps XRPUSDlong+0.0553%1h1.5152long leg$2K$16K10x