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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0501%/8h= +54.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.164%
Price spread now: Aftermath Perps against Arcus−0.122%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.122% cheaper against Arcus than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus XRP-USD1.51740.0100pay 0.0013% / 1h18m 09s$143K$715K20x
ShortAftermath Perps XRPUSD1.51550.0601get 0.0075% / 1h18m 09s$2K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Arcus. 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
$105.21
Price spread: −0.122% → 0.000%
−$12.23
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$79.49
Costs to cover
0.135%
Break-even
1.7 days
Slippage unknown: Arcus: live order book, 21 min ago; Aftermath Perps: 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 Arcus live order book, 21 min ago0.99 bp5.1 bp −$58.0 bp −$8029.3 bp −$2,927doesn't fit
Sell Aftermath Perps no order-book sample
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%1h1.5175+0.007%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5179+0.033%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5161−0.084%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5171−0.020%$7.8M$24.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.544%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5168−0.041%$14.5M$73.8M50xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5179+0.033%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5164−0.066%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5167−0.046%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5161−0.086%$20K$383K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5166−0.056%$998K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5166−0.053%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5176+0.015%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5163−0.075%$528.9M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5161−0.086%$349.3M$953.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5160−0.092%$127.1M$866.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5179+0.033%$563K$33K5xas long as short
Arcus XRP-USDlong+0.0100%1h1.5174long leg$143K$715K20x
Bulk XRP-USD+0.0100%1h1.5178+0.027%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5163−0.072%$375.8M$162.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5161−0.086%$307.0M$927.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5165−0.059%$106.6M$183.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5161−0.086%$268.6M$389.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5168−0.040%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5131−0.284%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5115−0.387%$657K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5140−0.225%$1.1M$34.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5118−0.369%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5168−0.039%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5164−0.066%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5163−0.075%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5166−0.053%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5167−0.048%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5167−0.043%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5166−0.053%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5162−0.079%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5164−0.066%$54.0M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5176+0.014%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5161−0.088%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5167−0.046%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5165−0.056%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0106% / S −0.0068%1h1.5162−0.079%$773K200xas long as short
Hyperliquid XRP+0.0142%1h1.5176+0.013%$289.8M$268.1M20xas long as short
Backpack XRP_USDC_PERP+0.0165%1h1.5173−0.007%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0172%8h1.51740.000%$1.8M$34.0M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5170−0.026%$5.6M$48.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5175+0.007%$23.7M$77.7M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5157−0.110%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5169−0.036%$521K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5150−0.158%$67K$110K15xas long as short
Aftermath Perps XRPUSDshort+0.0601%1h1.5155−0.122%$2K$16K10x