Funding you earn now, next payment 06:00 UTC−0.0501%/8h= −54.8% APRpaid last 24h −0.161%
Price spread now: Bybit against Aftermath Perps−0.294%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bybit is 0.294% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps XRPUSD | 1.5061 | 0.0601 | pay 0.0075% / 1h | 33m 59s | $2K | $15K | 10x |
| Short | Bybit XRPUSDT | 1.5017 | 0.0100 | get 0.0100% / 8h | 2h 33m | $341.0M | $958.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$105.14
- Price spread: −0.294% → 0.000%
- −$29.44
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$154.59
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bybit: live order book, 10 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 10 min ago | 0.33 bp | 5.8 bp −$6 | 6.8 bp −$68 | 13.3 bp −$1,325 | 23.9 bp −$12.0K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5041 | −0.135% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5027 | −0.229% | $14.2M | $75.2M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5042 | −0.129% | $1.1M | $115K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5070 | +0.057% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5030 | −0.208% | $7.6M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5030 | −0.209% | $257K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.311% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5028 | −0.220% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5045 | −0.109% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5028 | −0.223% | $2.8M | $14.9M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5031 | −0.201% | $495K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5033 | −0.188% | $11K | $359K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5044 | −0.112% | $914K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5038 | −0.155% | $288.2M | $258.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5023 | −0.255% | $38.3M | $86.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5044 | −0.112% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5022 | −0.261% | $526.6M | $2.20B | 100x | as long as short |
| Bybit XRPUSDTshort | +0.0100% | 8h | 1.5017 | −0.294% | $341.0M | $958.4M | 100x | |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5018 | −0.288% | $124.3M | $889.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5036 | −0.168% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5046 | −0.102% | $136K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5057 | −0.030% | $1.6M | $30K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5027 | −0.228% | $368.1M | $157.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5027 | −0.228% | $285.6M | $911.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5028 | −0.223% | $106.3M | $180.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5017 | −0.294% | $265.1M | $396.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5023 | −0.255% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5067 | +0.039% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5056 | −0.035% | $654K | $111.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5067 | +0.037% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5062 | +0.004% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5045 | −0.107% | — | $13K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5040 | −0.142% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5029 | −0.215% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5027 | −0.228% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5024 | −0.247% | $808K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5029 | −0.212% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5027 | −0.228% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5035 | −0.176% | $49.1M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5028 | −0.221% | $53.5M | $31.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5052 | −0.064% | $469K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5015 | −0.311% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5025 | −0.245% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0133% | 8h | 1.5049 | −0.082% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0170% | 1h | 1.5033 | −0.188% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5031 | −0.201% | $5.6M | $48.3M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5080 | +0.125% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5032 | −0.192% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5079 | +0.117% | $23.5M | $76.2M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5046 | −0.103% | $513K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSDlong | +0.0601% | 1h | 1.5061 | long leg | $2K | $15K | 10x |
Aftermath Perps XRPUSD
Bybit XRPUSDT
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
RISEx XRP/USDC