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−0.0751%/8h= −82.3% APRnext payment $0.94 per $10,000 · paid last 24h −0.141%
Price spread now: Nado against Aftermath Perps−0.379%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Nado is 0.379% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$38 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 XRPUSD1.53110.0851pay 0.0106% / 1h2m 22s$2K$13K10x
ShortNado XRP-PERP1.52530.0100get 0.0012% / 1h2m 22s$1.0M$5.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$157.75
Price spread: −0.379% → 0.000%
−$37.95
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$211.7
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Nado: 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 Nado live order book, 2 min ago0.66 bp6.7 bp −$712.9 bp −$12954.8 bp −$5,480doesn'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%1h1.5241−0.457%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5241−0.460%$1.1M$116K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5246−0.422%$255K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0012%1h1.5249−0.405%$9.2M$24.5M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0019% / S +0.0071%1h1.5246−0.423%$835K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.626%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0065%8h1.5254−0.372%$57K$935K50xas long as short
01 Exchange XRPUSD+0.0072%1h1.5243−0.444%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5259−0.337%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5265−0.300%$511K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5245−0.431%$9K$282K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5237−0.483%$475K$55K50xas long as short
Nado XRP-PERPshort+0.0100%1h1.5253−0.379%$1.0M$5.6M20x
Aster XRPUSDT+0.0100%8h1.5234−0.503%$38.5M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5250−0.397%$627K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5250−0.396%$538.8M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5249−0.405%$340.4M$920.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5255−0.366%$123.0M$865.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5215−0.627%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5235−0.496%$114K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+0.252%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5247−0.418%$366.8M$153.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5248−0.411%$300.7M$918.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5249−0.407%$110.4M$167.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5253−0.379%$267.6M$376.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5241−0.457%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5315+0.024%$6.5M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5348+0.243%$666K$106.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5328+0.110%$1.1M$37.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5318+0.046%$1.2M$998K50xas long as short
Vest XRP-PERP+0.0100%1h1.5247−0.416%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5249−0.405%$45K$448K20xas long as short
Bullet XRP-USD+0.0100%1h1.5250−0.396%$41K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5257−0.350%$821K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5256−0.356%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5243−0.444%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5240−0.464%$50.0M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5251−0.392%$54.1M$29.5M50xas long as short
Extended XRP-USD+0.0104%1h1.5249−0.405%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5253−0.378%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5242−0.450%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5232−0.516%$24.0M$73.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5248−0.411%$5.7M$46.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0245%1h1.5242−0.449%$14.3M$70.4M50xas long as short
Backpack XRP_USDC_PERP+0.0302%1h1.5263−0.314%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5315+0.029%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0323%8h1.5263−0.314%$2.0M$34.7M2.9xas long as short
Hyperliquid XRP+0.0362%1h1.5256−0.359%$287.3M$215.8M20xas long as short
Phoenix XRP+0.0520%1h1.5330+0.124%$68K$110K15xas long as short
RISEx XRP/USDC+0.0828%1h1.5239−0.469%$539K$777K10xas long as short
Aftermath Perps XRPUSDlong+0.0851%1h1.5311long leg$2K$13K10x