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−0.0870%/8h= −95.3% APRnext payment $1.09 per $10,000 · paid last 24h −0.195%
Price spread now: Hotstuff against Aftermath Perps+0.065%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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.065% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 6 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.53220.0790pay 0.0099% / 1h34m 51s$2K$12K10x
ShortHotstuff XRP-PERP1.5332−0.0080pay 0.0010% / 1h34m 51s$7K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$182.74
Price spread: +0.065% → 0.000%
$6.53
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$190.22
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Hotstuff: 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 Aftermath Perps no order-book sample
Sell Hotstuff no order-book sample
Aftermath Perps and Hotstuff: 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-PERPshort−0.0080%1h1.5332+0.065%$7K$2K20x
dYdX XRP-USD0.0000%1h1.5320−0.013%$1.1M$112K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5305−0.111%$256K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0011%1h1.5312−0.065%$9.3M$25.2M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0013% / S +0.0081%1h1.5303−0.124%$839K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.553%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0062%8h1.5312−0.065%$58K$935K50xas long as short
Lighter XRP+0.0096%1h1.5316−0.039%$2.8M$13.9M20xas long as short
Lighter RH XRP+0.0096%1h1.5316−0.039%$514K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5308−0.091%$10K$279K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERP+0.0100%8h1.5324+0.012%$478K$54K50xas long as short
Nado XRP-PERP+0.0100%1h1.5306−0.101%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5320−0.013%$38.7M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5329+0.046%$620K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5321−0.007%$539.5M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5323+0.007%$341.4M$922.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5325+0.020%$124.6M$870.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.039%$571K$48K5xas long as short
Arcus XRP-USD+0.0100%1h1.5321−0.007%$118K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5296−0.171%$1.6M$517K20xas long as short
Gate XRP_USDT+0.0100%8h1.5320−0.013%$373.7M$149.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5319−0.020%$307.5M$902.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5320−0.010%$108.7M$165.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5329+0.046%$268.1M$375.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5317−0.033%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5328+0.040%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5307−0.096%$665K$107.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5296−0.170%$1.1M$39.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5333+0.072%$1.0M$892K50xas long as short
Vest XRP-PERP+0.0100%1h1.5310−0.079%$9K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5307−0.098%$49K$442K20xas long as short
Bullet XRP-USD+0.0100%1h1.5304−0.114%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5314−0.051%$824K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5341+0.123%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5311−0.072%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5301−0.134%$50.2M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5313−0.059%$54.5M$29.6M50xas long as short
Extended XRP-USD+0.0104%1h1.5317−0.030%$2.1M$7.1M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5309−0.085%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5310−0.078%$59K$25K3xas long as short
Reya XRPRUSDPERP+0.0213%1h1.5300−0.144%$1.4M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5311−0.072%$23.9M$73.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5318−0.026%$5.8M$46.3M50xas long as short
Kraken Futures PF_XRPUSD+0.0244%1h1.5309−0.086%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0282%1h1.5324+0.013%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5326+0.026%$2.1M$35.1M2.9xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5333+0.073%$17K$81K7xas long as short
Hyperliquid XRP+0.0405%1h1.5334+0.078%$289.6M$214.5M20xas long as short
Phoenix XRP+0.0520%1h1.5350+0.183%$68K$110K15xas long as short
Aftermath Perps XRPUSDlong+0.0790%1h1.5322long leg$2K$12K10x
RISEx XRP/USDC+0.0828%1h1.5316−0.041%$506K$754K10xas long as short