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−0.0587%/8h= −64.2% APRnext payment $0.73 per $10,000 · paid last 24h −0.121%
Price spread now: Coinbase International against Aftermath Perps−0.291%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 feesneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Coinbase International is 0.291% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.51540.0803pay 0.0100% / 1h42m 14s$2K$14K10x
ShortCoinbase International XRP-PERP-INTX1.51100.0216get 0.0027% / 1h42m 14s$5.6M$46.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$123.18
Price spread: −0.291% → 0.000%
−$29.08
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$171.26
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 2 min ago. 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 Aftermath Perps no order-book sample
Sell Coinbase International live order book, 2 min ago0.33 bp8.2 bp −$811.9 bp −$11928.3 bp −$2,831doesn't fit
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%1h1.5114−0.264%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5109−0.297%$1.1M$120K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.039%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5101−0.348%$252K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0023% / S +0.0064%1h1.5100−0.359%$828K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.679%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5101−0.353%$14.5M$72.4M50xas long as short
Orderly PERP_XRP_USDC+0.0069%8h1.5109−0.297%$57K$945K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5110−0.291%$9.0M$25.0M50xas long as short
Lighter XRP+0.0096%1h1.5103−0.337%$2.8M$14.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5109−0.297%$517K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5105−0.324%$10K$306K20xas long as short
Nado XRP-PERP+0.0100%1h1.5117−0.241%$880K$5.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5106−0.320%$38.4M$84.5M100xas long as short
Pacifica XRP+0.0100%1h1.5116−0.254%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5105−0.324%$534.8M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5113−0.271%$336.7M$939.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5115−0.258%$123.6M$869.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5084−0.462%$564K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5115−0.258%$115K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5183+0.190%$1.6M$305K20xas long as short
Gate XRP_USDT+0.0100%8h1.5107−0.311%$367.4M$150.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5115−0.258%$290.9M$901.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5108−0.307%$107.9M$171.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5117−0.245%$264.3M$384.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5119−0.231%$127.0Mas long as short
Variational Omni XRP+0.0100%8h1.5155+0.007%$6.2M$35.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5178+0.159%$660K$108.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5150−0.028%$1.1M$38.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5185+0.204%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5117−0.243%$12K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5111−0.284%$45K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5105−0.326%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5109−0.295%$813K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5115−0.258%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5105−0.324%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5102−0.342%$49.5M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5102−0.344%$53.6M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5113−0.272%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5105−0.325%$2.0M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5105−0.321%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5110−0.291%$8K$8K10xas long as short
Hyperliquid XRP+0.0173%1h1.5119−0.231%$279.9M$223.8M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5108−0.302%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTXshort+0.0216%1h1.5110−0.291%$5.6M$46.4M50x
BloFin XRP-USDT+0.0220%8h1.5193+0.257%$24.0M$75.2M125xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5150−0.030%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0339%8h1.5117−0.245%$2.1M$36.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0342%1h1.5123−0.205%$1.9M$1.3M25xas long as short
RISEx XRP/USDC+0.0456%1h1.5110−0.289%$535K$782K10xas long as short
Aftermath Perps XRPUSDlong+0.0803%1h1.5154long leg$2K$14K10x