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+0.0885%/8h= +97.0% APRnext payment +$1.11 per $10,000 · paid last 24h +0.195%
Price spread now: Aftermath Perps against Hotstuff−0.073%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 airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.073% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$27 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5345−0.0080get 0.0010% / 1h28m 09s$7K$2K20x
ShortAftermath Perps XRPUSD1.53340.0805get 0.0101% / 1h28m 09s$2K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Hotstuff. 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
$185.94
Price spread: −0.073% → 0.000%
−$7.34
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$164.59
Costs to cover
0.140%
Break-even
0.8 days
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Aftermath Perps no order-book sample
Hotstuff and 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-PERPlong−0.0080%1h1.5345long leg$7K$2K20x
dYdX XRP-USD0.0000%1h1.5335−0.068%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5332−0.085%$257K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0014% / S +0.0079%1h1.5332−0.083%$840K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.401%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0062%8h1.5339−0.039%$58K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0076%1h1.5341−0.026%$9.3M$25.1M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5329−0.104%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5339−0.039%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5342−0.020%$515K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5338−0.046%$10K$279K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5351+0.037%$479K$54K50xas long as short
Nado XRP-PERP+0.0100%1h1.5340−0.029%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5333−0.078%$38.7M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5346+0.006%$621K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5338−0.043%$541.0M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5335−0.065%$341.9M$919.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5334−0.072%$125.0M$867.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.53450.000%$570K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5346+0.007%$118K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5334−0.069%$1.7M$381K20xas long as short
Gate XRP_USDT+0.0100%8h1.5337−0.052%$374.4M$149.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5336−0.059%$312.1M$904.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5336−0.057%$108.8M$165.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5335−0.065%$268.4M$375.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5334−0.072%$123.4Mas long as short
Variational Omni XRP+0.0100%8h1.5328−0.110%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5333−0.081%$666K$107.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5334−0.072%$1.1M$38.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5321−0.156%$1.0M$892K50xas long as short
Vest XRP-PERP+0.0100%1h1.5330−0.098%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5337−0.052%$49K$441K20xas long as short
Bullet XRP-USD+0.0100%1h1.5336−0.059%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5340−0.035%$826K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5334−0.072%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5340−0.033%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5333−0.080%$50.3M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5338−0.046%$54.6M$29.5M50xas long as short
Extended XRP-USD+0.0104%1h1.5335−0.064%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5338−0.043%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5332−0.083%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5329−0.104%$24.0M$73.6M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.53450.000%$5.8M$46.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0244%1h1.5338−0.048%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0292%1h1.53450.000%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0309%8h1.53450.000%$2.1M$34.8M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5319−0.172%$17K$81K7xas long as short
Hyperliquid XRP+0.0397%1h1.5349+0.026%$289.9M$214.6M20xas long as short
Phoenix XRP+0.0520%1h1.5340−0.033%$68K$110K15xas long as short
Aftermath Perps XRPUSDshort+0.0805%1h1.5334−0.073%$2K$12K10x
RISEx XRP/USDC+0.0828%1h1.5344−0.007%$507K$754K10xas long as short