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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0504%/8h= −55.2% APRpaid last 24h −0.161%
Price spread now: Variational Omni against Aftermath Perps−0.252%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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Variational Omni is 0.252% 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 XRPUSD1.50420.0604pay 0.0075% / 1h30m 51s$2K$16K10x
ShortVariational Omni XRP1.50040.0100get 0.0100% / 8h2h 30m$4.7M$38.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$105.8
Price spread: −0.252% → 0.000%
−$25.21
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$140.01
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago2.03 bpdoesn't fit4.0 bp −$4024.5 bp −$2,453doesn'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%1h1.5013−0.193%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5007−0.230%$14.2M$75.2M50xas long as short
dYdX XRP-USD0.0000%1h1.5021−0.142%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.5030−0.080%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5009−0.220%$7.6M$25.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5006−0.243%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.443%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5004−0.253%$786K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5022−0.134%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5006−0.239%$2.8M$14.9M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5008−0.227%$494K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5012−0.200%$12K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5021−0.144%$914K$6.3M20xas long as short
Hyperliquid XRP+0.0100%1h1.5017−0.167%$287.3M$259.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5011−0.207%$38.3M$86.8M100xas long as short
Pacifica XRP+0.0100%1h1.5021−0.144%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5012−0.203%$526.2M$2.20B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5009−0.220%$341.2M$959.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5010−0.213%$124.5M$889.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5033−0.061%$559K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5024−0.120%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5027−0.101%$1.6M$4K20xas long as short
Gate XRP_USDT+0.0100%8h1.5012−0.200%$367.8M$157.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5010−0.213%$288.0M$913.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5010−0.217%$106.2M$180.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5003−0.260%$264.7M$397.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5011−0.207%$105.9Mas long as short
Variational Omni XRPshort+0.0100%8h1.5004−0.252%$4.7M$38.3M
edgeX XRPUSDC+0.0100%4h1.5013−0.192%$652K$112.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5026−0.106%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5014−0.187%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5016−0.171%$13K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5012−0.200%$51K$493K20xas long as short
Bullet XRP-USD+0.0100%1h1.5006−0.240%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5006−0.240%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5004−0.253%$807K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5019−0.152%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5007−0.233%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5005−0.249%$49.0M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5008−0.227%$53.5M$31.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5022−0.131%$468K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5008−0.230%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5006−0.240%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0133%8h1.5025−0.114%$1.7M$35.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.0167%1h1.5016−0.174%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5012−0.200%$5.6M$48.2M50xas long as short
Hibachi XRP/USDT-P+0.0216%1h1.5026−0.110%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5006−0.237%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5001−0.273%$23.3M$75.8M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5023−0.127%$512K$777K10xas long as short
Aftermath Perps XRPUSDlong+0.0604%1h1.5042long leg$2K$16K10x