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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0705%/8h= −77.2% APRnext payment $0.88 per $10,000 · paid last 24h −0.146%
Price spread now: Derive against Aftermath Perps+0.029%54s7-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 3 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. Derive is 0.029% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 3 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.53350.0805pay 0.0101% / 1h27m 25s$2K$12K10x
ShortDerive XRP-PERP1.53400.0100get 0.0013% / 1h27m 25s$826K$79K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
−$148.08
Price spread: +0.029% → 0.000%
$2.92
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Derive: 3 bp × 2 orders
−$6
Net
−$160.16
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Derive: 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 Aftermath Perps no order-book sample
Sell Derive no order-book sample
Aftermath Perps and Derive: 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%1h1.5340+0.032%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5333−0.014%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5334−0.007%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0014% / S +0.0079%1h1.5333−0.013%$841K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.466%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0062%8h1.5339+0.025%$58K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0076%1h1.5341+0.038%$9.3M$25.1M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5342+0.045%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5334−0.006%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5343+0.051%$515K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5342+0.045%$10K$279K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5332−0.019%$478K$54K50xas long as short
Nado XRP-PERP+0.0100%1h1.5340+0.035%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5340+0.034%$38.8M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5337+0.011%$620K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5348+0.084%$541.4M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5343+0.051%$342.1M$919.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5342+0.045%$124.9M$867.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5345+0.064%$570K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5339+0.025%$118K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5334−0.005%$1.7M$381K20xas long as short
Gate XRP_USDT+0.0100%8h1.5332−0.020%$374.2M$149.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5342+0.045%$312.6M$904.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5344+0.058%$108.9M$165.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5342+0.045%$268.4M$374.8M125xas long as short
BingX XRP-USDC+0.0100%8h1.5333−0.014%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5328−0.046%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5322−0.086%$665K$107.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5334−0.007%$1.1M$38.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5331−0.027%$1.2M$996K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5347+0.077%$49K$441K20xas long as short
Bullet XRP-USD+0.0100%1h1.5340+0.032%$41K$68K20xas long as short
Derive XRP-PERPshort+0.0100%1h1.5340+0.029%$826K$79K10x
SunX XRP-USDT+0.0100%8h1.5334−0.007%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5340+0.032%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5333−0.015%$50.3M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5338+0.019%$54.6M$29.5M50xas long as short
Vest XRP-PERP+0.0100%1h1.5338+0.017%$9K10xas long as short
Extended XRP-USD+0.0104%1h1.5334−0.006%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5338+0.021%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5340+0.034%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5329−0.040%$24.0M$73.6M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5345+0.064%$5.8M$46.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0244%1h1.5338+0.016%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0292%1h1.5345+0.064%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0309%8h1.5345+0.064%$2.1M$34.8M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5337+0.013%$17K$81K7xas long as short
Hyperliquid XRP+0.0396%1h1.5357+0.143%$290.1M$214.7M20xas long as short
Phoenix XRP+0.0520%1h1.5340+0.032%$68K$110K15xas long as short
Aftermath Perps XRPUSDlong+0.0805%1h1.5335long leg$2K$12K10x
RISEx XRP/USDC+0.0828%1h1.5345+0.063%$507K$754K10xas long as short