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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0312%/8h= +34.1% APRnext payment +$0.39 per $10,000 · paid last 24h +0.131%
Price spread now: Aftermath Perps against Reya−0.475%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.475% cheaper against Reya than usual: you would sell low and buy high (spread −0.475% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 5.1 days of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.52920.0221pay 0.0028% / 1h21m 04s$1.4M$4K15x
ShortAftermath Perps XRPUSD1.52200.0533get 0.0067% / 1h21m 04s$3K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Reya. 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
$65.49
Price spread: −0.475% → 0.000%
−$47.53
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$2.96
Costs to cover
0.150%
Break-even
6.7 days
Slippage unknown: Reya: 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 Reya no order-book sample
Sell Aftermath Perps no order-book sample
Reya 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
Kraken Futures PF_XRPUSD−0.0170%1h1.5317+0.159%$14.8M$74.0M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5286−0.042%$5K$3K20xas long as short
Phoenix XRP0.0000%1h1.5190−0.670%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5287−0.036%$248K150xas long as short
dYdX XRP-USD+0.0008%1h1.5286−0.044%$1.1M$160K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5320+0.180%$7.8M$23.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.749%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0088%1h1.5285−0.049%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5283−0.063%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5316+0.154%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5319+0.173%$623K$3.1M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5284−0.055%$20K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5286−0.041%$1.0M$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5307+0.097%$38.7M$84.0M100xas long as short
Pacifica XRP+0.0100%1h1.5287−0.036%$615K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5302+0.064%$533.4M$2.16B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5298+0.036%$357.2M$921.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5296+0.023%$127.0M$845.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5193−0.650%$561K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5295+0.017%$144K$703K20xas long as short
Bulk XRP-USD+0.0100%1h1.5141−0.987%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5314+0.141%$375.2M$155.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5316+0.154%$317.6M$923.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5314+0.139%$107.8M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5293+0.003%$270.4M$373.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5313+0.134%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5155−0.902%$4.8M$38.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5245−0.308%$662K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5273−0.125%$1.1M$32.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5249−0.284%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5296+0.023%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5292−0.003%$52K$509K20xas long as short
Bullet XRP-USD+0.0100%1h1.5304+0.077%$41K$67K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5311+0.121%$78K$647K50xas long as short
Derive XRP-PERP+0.0100%1h1.5150−0.934%$815K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5320+0.183%$128K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5315+0.147%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5316+0.153%$50.0M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5312+0.128%$54.4M$33.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5289−0.020%$477K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5311+0.120%$2.1M$6.4M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5313+0.134%$59K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0131% / S −0.0092%1h1.5312+0.125%$782K200xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5312+0.128%$5.4M$47.3M50xas long as short
Kalshi KXXRPPERP+0.0169%8h1.5297+0.030%$1.7M$33.1M2.9xas long as short
Hyperliquid XRP+0.0180%1h1.5327+0.226%$293.3M$264.0M20xas long as short
Backpack XRP_USDC_PERP+0.0207%1h1.5329+0.239%$2.0M$1.3M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5313+0.134%$24.0M$77.8M125xas long as short
Reya XRPRUSDPERPlong+0.0221%1h1.5292long leg$1.4M$4K15x
RISEx XRP/USDC+0.0337%1h1.5278−0.096%$523K$787K10xas long as short
Aftermath Perps XRPUSDshort+0.0533%1h1.5220−0.475%$3K$16K10x