XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0398%/8h= −43.6% APRnext payment −$0.50 per $10,000 · paid last 24h −0.180%

Price spread now: Injective against Aftermath Perps+1.161%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 1.161% dearer against Aftermath Perps than usual: you sell high and buy low (spread +1.161% now, against zero (this spread has no 7-day history yet)): +$116 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XRPUSD	1.5381	0.0431	pay 0.0054% / 1h	52m 33s	$3K	$13K	10x
Short	Injective XRP/USDC PERP	1.5560	0.0033	get 0.0004% / 1h	52m 33s	$2K	$107K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee InjectivebpOrdersPrice spread, now +1.161%Rate

Funding earned: −$83.6
Price spread: +1.161% → 0.000%: $116.13
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $23.52
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; Injective: live order book, 58 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 Injective live order book, 58 min ago	42.39 bp	54.8 bp −$55	64.0 bp −$640	doesn't fit	doesn'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 50 exchanges

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	1.5403	+0.141%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5362	−0.126%	$14.1M	$71.5M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5343	−0.247%	$1.1M	$154K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5360	−0.139%	$69K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5363	−0.119%	$7.8M	$21.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5357	−0.160%	$246K	—	150x	as long as short
01 Exchange XRPUSD	+0.0008%	1h	1.5335	−0.301%	$9K	$987	10x	as long as short
Injective XRP/USDC PERPshort	+0.0033%	1h	1.5560	+1.161%	$2K	$107K	30x
SoDEX XRP-USD	+0.0060%	1h	1.5359	−0.145%	$30K	$1.5M	10x	as long as short
Ondo Perps XRP-USD.P	+0.0087%	1h	1.5365	−0.106%	$565K	$37K	5x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5339	−0.276%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5340	−0.269%	$599K	$3.1M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5343	−0.250%	$478K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5335	−0.301%	$10K	$402K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5351	−0.194%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5347	−0.223%	$299.1M	$266.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5338	−0.282%	$39.3M	$81.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5342	−0.256%	$593K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5337	−0.288%	$535.0M	$2.08B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5341	−0.262%	$362.3M	$890.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5339	−0.275%	$124.7M	$837.8M	100x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5346	−0.230%	$165K	$681K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5379	−0.015%	$1.6M	$25K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5341	−0.262%	$382.9M	$155.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5340	−0.269%	$312.7M	$887.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5337	−0.289%	$106.6M	$181.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5339	−0.275%	$272.2M	$357.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5341	−0.262%	—	$101.0M	—	as long as short
Backpack XRP_USDC_PERP	+0.0100%	1h	1.5365	−0.106%	$2.0M	$1.2M	25x	as long as short
Variational Omni XRP	+0.0100%	8h	1.5375	−0.044%	$5.0M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5375	−0.040%	$668K	$109.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5368	−0.087%	$1.1M	$30.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5372	−0.061%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5359	−0.145%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5354	−0.178%	$52K	$475K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5356	−0.165%	$42K	$65K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5359	−0.145%	$84K	$613K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5357	−0.156%	$129K	$1.5M	30x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5347	−0.221%	$50.0M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5360	−0.139%	$54.7M	$33.2M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5333	−0.312%	$2.2M	$6.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5354	−0.177%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5360	−0.139%	$5.5M	$44.5M	50x	as long as short
Hibachi XRP/USDT-P	+0.0120%	1h	1.5358	−0.154%	$17K	$76K	7x	as long as short
Kalshi KXXRPPERP	+0.0139%	8h	1.5365	−0.106%	$1.9M	$35.0M	2.9x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0202% / S −0.0545%	1h	1.5356	−0.164%	$806K	—	200x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5358	−0.152%	$23.9M	$78.5M	125x	as long as short
Reya XRPRUSDPERP	+0.0223%	1h	1.5351	−0.198%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDC	+0.0239%	1h	1.5344	−0.240%	$515K	$736K	10x	as long as short
Aftermath Perps XRPUSDlong	+0.0431%	1h	1.5381	long leg	$3K	$13K	10x