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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0782%/8h= −85.6% APRnext payment $0.98 per $10,000 · paid last 24h −0.131%
Price spread now: Kraken Futures against Aftermath Perps−0.246%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 −$23 a day on $10k at the current rate, and Kraken Futures is 0.246% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$25 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 XRPUSD1.51320.0822pay 0.0103% / 1h40m 12s$2K$14K10x
ShortKraken Futures PF_XRPUSD1.50950.0040get 0.0005% / 1h40m 12s$14.5M$72.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$164.14
Price spread: −0.246% → 0.000%
−$24.63
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$207.77
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago2.64 bp9.0 bp −$911.0 bp −$11023.2 bp −$2,31982.3 bp −$41.1K
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%1h1.5060−0.475%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5052−0.530%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5110−0.145%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5062−0.464%$251K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0064%1h1.5056−0.502%$825K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.829%$2K$107K30xas long as short
Kraken Futures PF_XRPUSDshort+0.0040%1h1.5095−0.246%$14.5M$72.4M50x
Orderly PERP_XRP_USDC+0.0069%8h1.5079−0.349%$57K$945K50xas long as short
Lighter XRP+0.0096%1h1.5097−0.234%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5097−0.230%$516K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5060−0.475%$10K$306K20xas long as short
Nado XRP-PERP+0.0100%1h1.5048−0.551%$794K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5057−0.497%$38.3M$84.5M100xas long as short
Pacifica XRP+0.0100%1h1.5060−0.472%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5098−0.224%$534.5M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5087−0.297%$336.1M$941.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5086−0.303%$123.7M$870.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5121−0.072%$562K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5067−0.429%$115K$725K20xas long as short
Bulk XRP-USD+0.0100%1h1.5183+0.337%$1.6M$305K20xas long as short
Gate XRP_USDT+0.0100%8h1.5063−0.455%$366.3M$150.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5096−0.237%$284.2M$903.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5086−0.305%$107.1M$171.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5089−0.283%$264.6M$386.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5071−0.402%$127.1Mas long as short
Variational Omni XRP+0.0100%8h1.5098−0.223%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5152+0.136%$658K$108.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5150+0.119%$1.1M$38.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5163+0.206%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5068−0.421%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5059−0.482%$45K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5061−0.470%$40K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5085−0.307%$812K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5071−0.402%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5090−0.277%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5096−0.234%$49.5M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5096−0.237%$53.6M$29.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5051−0.533%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5080−0.343%$2.0M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5083−0.324%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5062−0.462%$8K$8K10xas long as short
Hyperliquid XRP+0.0169%1h1.5060−0.475%$278.4M$224.3M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5059−0.484%$1.3M$7K15xas long as short
Deribit XRP_USDC-PERPETUAL+0.0214%1h1.5094−0.250%$7.6M$25.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5100−0.211%$5.6M$46.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.404%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5099−0.220%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0334%1h1.5104−0.184%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0339%8h1.5069−0.415%$2.1M$36.1M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5064−0.450%$533K$783K10xas long as short
Aftermath Perps XRPUSDlong+0.0822%1h1.5132long leg$2K$14K10x