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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0508%/8h= −55.6% APRnext payment $0.64 per $10,000 · paid last 24h −0.131%
Price spread now: Lighter RH against Aftermath Perps+0.566%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 airdropLighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.566% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.566% now, against zero (this spread has no 7-day history yet)): +$57 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.56120.0604pay 0.0076% / 1h45m 26s$1K$11K10x
ShortLighter RH XRP1.57000.0096get 0.0012% / 1h45m 26s$461K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
−$106.71
Price spread: +0.566% → 0.000%
$56.59
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$59.12
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: live order book, 3 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 Lighter RH live order book, 3 min ago1.60 bp1.6 bp −$25.6 bp −$5640.9 bp −$4,094doesn'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%1h1.5692+0.515%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5691+0.510%$1.1M$104K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5696+0.543%$263K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−2.060%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5645+0.211%$15.7M$67.5M50xas long as short
Orderly PERP_XRP_USDC+0.0052%8h1.5707+0.611%$81K$936K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0068%1h1.5710+0.630%$9.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0081% / S +0.0142%1h1.5700+0.563%$925K200xas long as short
Lighter XRP+0.0096%1h1.5677+0.417%$3.0M$11.7M20xas long as short
Lighter RH XRPshort+0.0096%1h1.5700+0.566%$461K$3.1M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi XRP/USDT-P+0.0096%1h1.5637+0.164%$19K$73K7xas long as short
Nado XRP-PERP+0.0100%1h1.5695+0.537%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5699+0.559%$40.0M$75.6M100xas long as short
Pacifica XRP+0.0100%1h1.5690+0.505%$678K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5702+0.582%$569.7M$1.92B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5713+0.649%$355.8M$872.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5705+0.598%$129.2M$873.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5615+0.021%$581K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5699+0.559%$121K$724K20xas long as short
Bulk XRP-USD+0.0100%1h1.5527−0.542%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5702+0.579%$374.4M$135.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5700+0.566%$292.4M$825.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5701+0.574%$113.6M$153.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5708+0.617%$272.5M$353.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5705+0.598%$115.5Mas long as short
Variational Omni XRP+0.0100%8h1.5634+0.143%$11.8M$29.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5621+0.062%$678K$98.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5635+0.150%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5628+0.105%$1.0M$879K50xas long as short
Vest XRP-PERP+0.0100%1h1.5683+0.455%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5705+0.598%$49K$443K20xas long as short
Bullet XRP-USD+0.0100%1h1.5707+0.611%$42K$62K20xas long as short
Derive XRP-PERP+0.0100%1h1.5708+0.616%$846K$71K10xas long as short
SunX XRP-USDT+0.0100%8h1.5713+0.646%$132K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5648+0.233%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5636+0.158%$51.4M$15.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5645+0.214%$55.7M$28.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5696+0.537%$489K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5696+0.540%$12K$248K20xas long as short
Extended XRP-USD+0.0104%1h1.5693+0.518%$2.2M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5695+0.535%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0160%1h1.5703+0.585%$9K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5699+0.558%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5656+0.284%$5.8M$46.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5619+0.047%$24.6M$71.9M125xas long as short
Kalshi KXXRPPERP+0.0337%8h1.5643+0.201%$1.9M$32.0M2.9xas long as short
Backpack XRP_USDC_PERP+0.0360%1h1.5656+0.284%$1.8M$976K25xas long as short
Phoenix XRP+0.0516%1h1.5590−0.139%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5705+0.596%$412K$534K10xas long as short
Aftermath Perps XRPUSDlong+0.0604%1h1.5612long leg$1K$11K10x
Hyperliquid XRP+0.0658%1h1.5715+0.662%$290.8M$196.9M20xas long as short