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−0.0471%/8h= −51.6% APRpaid last 24h −0.170%
Price spread now: Orderly against Aftermath Perps−0.057%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 Orderly is 0.057% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$6 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 XRPUSD1.51540.0571pay 0.0071% / 1h54m 32s$2K$16K10x
ShortOrderly PERP_XRP_USDC1.51450.0100get 0.0100% / 8h1h 54m$62K$932K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$98.87
Price spread: −0.057% → 0.000%
−$5.74
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$119.62
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Orderly: 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 Orderly no order-book sample
Aftermath Perps and Orderly: 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%1h1.5145−0.057%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5125−0.191%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5150−0.024%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5145−0.058%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5147−0.045%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.681%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5136−0.117%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0077% / S −0.0023%1h1.5143−0.071%$799K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5150−0.024%$7.7M$25.2M50xas long as short
Lighter XRP+0.0096%1h1.5135−0.126%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5135−0.123%$546K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5122−0.209%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5128−0.166%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5131−0.150%$38.4M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5135−0.121%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5130−0.153%$527.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5131−0.150%$344.0M$967.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5132−0.143%$126.9M$890.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5154+0.002%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5140−0.090%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5166+0.081%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5127−0.176%$374.5M$157.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5124−0.196%$296.5M$916.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5136−0.118%$107.3M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5131−0.150%$266.3M$399.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5131−0.150%$106.2Mas long as short
Variational Omni XRP+0.0100%8h1.5135−0.124%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5133−0.139%$659K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.137%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156+0.015%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5138−0.105%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5136−0.117%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5140−0.091%$41K$70K20xas long as short
Orderly PERP_XRP_USDCshort+0.0100%8h1.5145−0.057%$62K$932K50x
Derive XRP-PERP+0.0100%1h1.5147−0.047%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5150−0.024%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5145−0.057%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5149−0.030%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5150−0.024%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5139−0.096%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5127−0.173%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5143−0.068%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5152−0.014%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5151−0.018%$5.7M$48.4M50xas long as short
Backpack XRP_USDC_PERP+0.0177%1h1.5152−0.011%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0183%1h1.5145−0.057%$288.9M$264.1M20xas long as short
Kalshi KXXRPPERP+0.0212%8h1.5153−0.005%$1.8M$35.4M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5129−0.161%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5142−0.077%$23.5M$77.7M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5137−0.110%$522K$797K10xas long as short
Aftermath Perps XRPUSDlong+0.0571%1h1.5154long leg$2K$16K10x