Funding you earn now, next payment 10:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.164%
Price spread now: Variational Omni against Aftermath Perps−0.108%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Variational Omni is 0.108% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps XRPUSD | 1.5446 | 0.0496 | pay 0.0062% / 1h | 54m 54s | $3K | $15K | 10x |
| Short | Variational Omni XRP | 1.5429 | 0.0100 | get 0.0100% / 8h | 6h 54m | $4.9M | $38.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$83.24
- Price spread: −0.108% → 0.000%
- −$10.81
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$103.05
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago | 2.04 bp | doesn't fit | 4.6 bp −$46 | 18.1 bp −$1,813 | 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 venues
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 | 1.5396 | −0.325% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5378 | −0.443% | $1.1M | $155K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5430 | −0.105% | $69K | $109K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5353 | −0.603% | $7.9M | $22.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5479 | +0.210% | $251K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0016% | 1h | 1.5354 | −0.596% | $14.0M | $73.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.737% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0064% | 1h | 1.5439 | −0.046% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5353 | −0.604% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5356 | −0.584% | $618K | $3.1M | 20x | as long as short |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5348 | −0.636% | $17K | $378K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5373 | −0.477% | $479K | $51K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5354 | −0.594% | $989K | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5338 | −0.700% | $39.0M | $83.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5379 | −0.436% | $608K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5338 | −0.700% | $535.1M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5333 | −0.733% | $356.0M | $908.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5333 | −0.733% | $125.0M | $849.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5434 | −0.079% | $567K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5356 | −0.584% | $166K | $705K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5425 | −0.140% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5341 | −0.681% | $383.2M | $156.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5320 | −0.817% | $304.0M | $897.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5351 | −0.614% | $109.1M | $180.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5331 | −0.746% | $271.1M | $362.0M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5339 | −0.694% | — | $106.2M | — | as long as short |
| Variational Omni XRPshort | +0.0100% | 8h | 1.5429 | −0.108% | $4.9M | $38.2M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5432 | −0.091% | $672K | $113.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5452 | +0.040% | $1.1M | $32.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5438 | −0.053% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5374 | −0.469% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5346 | −0.649% | $52K | $480K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5351 | −0.616% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5359 | −0.564% | $78K | $623K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5354 | −0.598% | $129K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5353 | −0.603% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5344 | −0.662% | $50.1M | $14.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5353 | −0.603% | $54.6M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5328 | −0.766% | $2.1M | $5.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5371 | −0.487% | $59K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5347 | −0.642% | $9K | $2K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5353 | −0.603% | $5.4M | $46.4M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0126% | 1h | 1.5346 | −0.649% | $2.0M | $1.3M | 25x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0145% / S −0.0113% | 1h | 1.5348 | −0.638% | $822K | — | 200x | as long as short |
| Kalshi KXXRPPERP | +0.0170% | 8h | 1.5371 | −0.487% | $1.7M | $32.9M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0200% | 1h | 1.5353 | −0.603% | $295.1M | $268.2M | 20x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5343 | −0.668% | $23.8M | $79.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0222% | 1h | 1.5347 | −0.639% | $1.4M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5355 | −0.590% | $513K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSDlong | +0.0496% | 1h | 1.5446 | long leg | $3K | $15K | 10x |
Aftermath Perps XRPUSD
Variational Omni XRP
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
GMX XRP/USD [ETH-USDC]
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
RISEx XRP/USDC