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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0782%/8h= +85.6% APRnext payment +$0.98 per $10,000 · paid last 24h +0.131%
Price spread now: Aftermath Perps against Kraken Futures+0.247%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$23 a day on $10k at the current rate, and Aftermath Perps is 0.247% dearer against Kraken Futures than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XRPUSD1.50950.0040pay 0.0005% / 1h39m 51s$14.5M$72.4M50x
ShortAftermath Perps XRPUSD1.51320.0822get 0.0103% / 1h39m 51s$2K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Kraken Futures. 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
$164.14
Price spread: +0.247% → 0.000%
$24.69
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$169.83
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Kraken Futures: live order book, 4 min ago; 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 Kraken Futures live order book, 4 min ago2.64 bp11.1 bp −$1113.4 bp −$13420.8 bp −$2,08262.2 bp −$31.1K
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%1h1.5060−0.229%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5052−0.284%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5110+0.102%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5062−0.219%$251K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0064%1h1.5056−0.256%$825K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.083%$2K$107K30xas long as short
Kraken Futures PF_XRPUSDlong+0.0040%1h1.5095long leg$14.5M$72.4M50x
Orderly PERP_XRP_USDC+0.0069%8h1.5079−0.103%$57K$945K50xas long as short
Lighter XRP+0.0096%1h1.5097+0.013%$2.8M$14.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5097+0.016%$516K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5060−0.229%$10K$306K20xas long as short
Nado XRP-PERP+0.0100%1h1.5048−0.305%$794K$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5091−0.025%$38.4M$84.5M100xas long as short
Pacifica XRP+0.0100%1h1.5060−0.226%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5098+0.022%$534.5M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5096+0.009%$336.5M$942.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5098+0.022%$123.7M$870.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5121+0.175%$562K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5067−0.183%$115K$725K20xas long as short
Bulk XRP-USD+0.0100%1h1.5183+0.585%$1.6M$305K20xas long as short
Gate XRP_USDT+0.0100%8h1.5094−0.004%$366.3M$150.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5095+0.003%$285.3M$903.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5093−0.013%$106.8M$171.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5097+0.016%$264.7M$386.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5096+0.009%$127.1Mas long as short
Variational Omni XRP+0.0100%8h1.5098+0.024%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5152+0.383%$658K$108.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5150+0.366%$1.1M$38.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5163+0.453%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5068−0.176%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5059−0.236%$45K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5061−0.224%$40K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5085−0.061%$812K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5071−0.156%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5090−0.031%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5096+0.012%$49.5M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5096+0.009%$53.6M$29.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5051−0.287%$469K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5092−0.018%$2.0M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5083−0.078%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5062−0.216%$8K$8K10xas long as short
Hyperliquid XRP+0.0177%1h1.5099+0.032%$279.2M$224.4M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5059−0.238%$1.3M$7K15xas long as short
Deribit XRP_USDC-PERPETUAL+0.0214%1h1.5094−0.004%$7.6M$25.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5100+0.036%$5.6M$46.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.652%$24.0M$75.2M125xas long as short
Backpack XRP_USDC_PERP+0.0323%1h1.5098+0.022%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5099+0.027%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0339%8h1.5069−0.170%$2.1M$36.1M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5064−0.204%$533K$783K10xas long as short
Aftermath Perps XRPUSDshort+0.0822%1h1.5132+0.247%$2K$14K10x