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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0667%/8h= −73.1% APRnext payment $0.83 per $10,000 · paid last 24h −0.148%
Price spread now: SoDEX against Aftermath Perps−0.150%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 −$20 a day on $10k at the current rate, and SoDEX is 0.150% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$15 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 XRPUSD1.51440.0767pay 0.0096% / 1h16m 14s$2K$14K10x
ShortSoDEX XRP-USD1.51210.0100get 0.0013% / 1h16m 14s$29K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$140.11
Price spread: −0.150% → 0.000%
−$15.04
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$172.15
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; SoDEX: 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 SoDEX live order book, 3 min ago0.66 bp4.7 bp −$58.4 bp −$84doesn't fitdoesn'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 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%1h1.5131−0.084%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5130−0.090%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.107%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5118−0.167%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0022% / S +0.0057%1h1.5120−0.157%$799K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.748%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5119−0.161%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5122−0.144%$62K$953K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0081%1h1.5123−0.137%$7.6M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5124−0.131%$2.8M$14.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5125−0.124%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5118−0.170%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5120−0.154%$932K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5128−0.107%$38.4M$84.2M100xas long as short
Pacifica XRP+0.0100%1h1.5128−0.107%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5123−0.134%$536.6M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5119−0.164%$340.4M$940.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5121−0.150%$124.0M$871.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5130−0.091%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5129−0.098%$114K$700K20xas long as short
Bulk XRP-USD+0.0100%1h1.5125−0.127%$1.6M$257K20xas long as short
Gate XRP_USDT+0.0100%8h1.5126−0.117%$367.9M$152.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5118−0.170%$290.4M$916.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5123−0.137%$106.8M$171.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5120−0.157%$266.3M$384.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5125−0.124%$126.9Mas long as short
Variational Omni XRP+0.0100%8h1.5151+0.046%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5134−0.066%$657K$109.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5152+0.057%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5134−0.065%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5130−0.093%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5130−0.091%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5129−0.101%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5125−0.123%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5133−0.071%$127K$1.8M30xas long as short
SoDEX XRP-USDshort+0.0100%1h1.5121−0.150%$29K$1.7M10x
HTX XRP-USDT+0.0100%8h1.5122−0.145%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5124−0.131%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5122−0.146%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5118−0.171%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5122−0.144%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5128−0.104%$8K$8K10xas long as short
Hyperliquid XRP+0.0186%1h1.5136−0.051%$280.1M$222.2M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5125−0.124%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5125−0.124%$5.7M$46.6M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5128−0.106%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0339%1h1.5132−0.078%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0361%8h1.5131−0.084%$2.1M$35.7M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5132−0.076%$529K$787K10xas long as short
Aftermath Perps XRPUSDlong+0.0767%1h1.5144long leg$2K$14K10x