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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0565%/8h= −61.9% APRpaid last 24h −0.157%
Price spread now: SunX against Aftermath Perps−0.051%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 −$17 a day on $10k at the current rate, and SunX is 0.051% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$5 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 XRPUSD1.51550.0665pay 0.0083% / 1h39m 08s$2K$15K10x
ShortSunX XRP-USDT1.51470.0100get 0.0100% / 8h4h 39m$127K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$118.7
Price spread: −0.051% → 0.000%
−$5.06
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$140.75
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago17.44 bp26.8 bp −$2733.7 bp −$337doesn't fitdoesn'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%1h1.5162+0.046%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5137−0.117%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.51550.000%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5150−0.033%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5141−0.093%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149−0.039%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.672%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0040% / S +0.0030%1h1.5150−0.033%$788K200xas long as short
01 Exchange XRPUSD+0.0072%1h1.5153−0.014%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0080%8h1.5141−0.093%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5142−0.083%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5143−0.080%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5142−0.086%$10K$321K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147−0.057%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5153−0.014%$281.4M$225.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5143−0.082%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5160+0.029%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5153−0.016%$533.9M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5154−0.007%$344.8M$931.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.51550.000%$125.9M$874.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175+0.132%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5103−0.344%$113K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146−0.061%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5142−0.086%$369.8M$153.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5141−0.093%$289.4M$897.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5139−0.103%$107.9M$173.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5144−0.073%$267.6M$384.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5144−0.073%$126.7Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.049%$5.4M$37.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151−0.026%$658K$108.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180+0.165%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5149−0.040%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5157+0.012%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5154−0.007%$43K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5151−0.026%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5140−0.100%$815K$72K10xas long as short
SunX XRP-USDTshort+0.0100%8h1.5147−0.051%$127K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5139−0.106%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5139−0.104%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5142−0.086%$54.0M$30.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5148−0.047%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5134−0.138%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5137−0.117%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5172+0.111%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0163%1h1.5151−0.027%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5147−0.053%$5.6M$47.1M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5151−0.026%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5141−0.093%$24.1M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0316%8h1.5164+0.059%$2.1M$34.4M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5152−0.020%$516K$779K10xas long as short
Aftermath Perps XRPUSDlong+0.0665%1h1.5155long leg$2K$15K10x