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+0.0560%/8h= +61.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.157%
Price spread now: Aftermath Perps against Bulk−0.020%48s7-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
Funding pays, the price is against you. Aftermath Perps is 0.020% cheaper against Bulk than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$17 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk XRP-USD1.51740.0100pay 0.0013% / 1h18m 38s$1.6M$49K20x
ShortAftermath Perps XRPUSD1.51710.0660get 0.0083% / 1h18m 38s$2K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bulk. 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
$117.61
Price spread: −0.020% → 0.000%
−$2.01
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$99.6
Costs to cover
0.160%
Break-even
1.1 days
Slippage unknown: Bulk: live order book, just now; Aftermath Perps: 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 Bulk live order book, just now0.33 bp3.8 bp −$44.3 bp −$439.3 bp −$93128.8 bp −$14.4K
Sell Aftermath Perps no order-book sample
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%1h1.5136−0.251%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5151−0.153%$14.3M$73.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5139−0.232%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5190+0.105%$68K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5157−0.113%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5154−0.131%$253K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.543%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0044% / S +0.0024%1h1.5155−0.128%$790K200xas long as short
Orderly PERP_XRP_USDC+0.0087%8h1.5155−0.126%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5137−0.247%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5137−0.244%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5135−0.258%$11K$326K20xas long as short
Nado XRP-PERP+0.0100%1h1.5160−0.089%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5147−0.178%$280.2M$227.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5135−0.258%$38.3M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5136−0.248%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5136−0.251%$534.2M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5133−0.271%$346.9M$934.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5138−0.238%$125.9M$873.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5176+0.013%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5142−0.211%$110K$713K20xas long as short
Bulk XRP-USDlong+0.0100%1h1.5174long leg$1.6M$49K20x
Gate XRP_USDT+0.0100%8h1.5137−0.244%$369.0M$154.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5133−0.271%$289.8M$901.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5135−0.259%$108.0M$174.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5137−0.244%$267.9M$384.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5132−0.277%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5167−0.049%$5.1M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5172−0.014%$659K$108.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.51740.000%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5169−0.033%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5160−0.093%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5158−0.105%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5156−0.121%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5171−0.018%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5154−0.132%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5153−0.138%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5152−0.145%$54.0M$30.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5138−0.237%$472K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5163−0.072%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5133−0.267%$2.0M$6.8M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5140−0.225%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5153−0.138%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0181%1h1.5160−0.093%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5160−0.093%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5169−0.033%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5155−0.126%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5155−0.126%$24.2M$76.1M125xas long as short
Kalshi KXXRPPERP+0.0314%8h1.5166−0.053%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5139−0.232%$515K$775K10xas long as short
Aftermath Perps XRPUSDshort+0.0660%1h1.5171−0.020%$2K$15K10x