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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0659%/8h= +72.1% APRnext payment +$0.82 per $10,000 · paid last 24h +0.178%
Price spread now: Aftermath Perps against Deribit+0.148%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Aftermath Perps is 0.148% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit XRP_USDC-PERPETUAL1.51830get 0.0000% / 1h7m 44s$7.7M$25.5M50x
ShortAftermath Perps XRPUSD1.52050.0659get 0.0082% / 1h7m 44s$2K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Deribit. 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
$138.3
Price spread: +0.148% → 0.000%
$14.76
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$137.06
Costs to cover
0.160%
Break-even
0.1 days
Slippage unknown: Deribit: live order book, 1 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 Deribit live order book, 1 min ago1.65 bp5.1 bp −$516.6 bp −$166doesn't fitdoesn'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%1h1.5179−0.026%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5175−0.052%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUALlong0.0000%1h1.5183long leg$7.7M$25.5M50x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5181−0.013%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0031% / S +0.0037%1h1.5179−0.029%$833K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.483%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5178−0.033%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.51830.000%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5181−0.013%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5178−0.033%$511K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5174−0.059%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5175−0.049%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5186+0.020%$282.2M$223.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5175−0.053%$38.3M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5180−0.018%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5178−0.030%$535.9M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5175−0.053%$346.0M$930.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5175−0.053%$125.8M$872.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5180−0.020%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5180−0.020%$114K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.263%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5174−0.059%$368.6M$154.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5176−0.046%$298.8M$904.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5174−0.058%$108.7M$171.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5173−0.066%$269.2M$381.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5177−0.040%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5200+0.109%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202+0.124%$660K$107.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5227+0.290%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5221+0.250%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5181−0.015%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5180−0.020%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5181−0.013%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5182−0.005%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5190+0.046%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5180−0.020%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5179−0.027%$49.7M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5180−0.020%$53.9M$30.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5181−0.014%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5171−0.076%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5180−0.016%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0184%1h1.5188+0.033%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5207+0.155%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5176−0.047%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5189+0.040%$5.6M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5191+0.053%$24.3M$75.5M125xas long as short
Kraken Futures PF_XRPUSD+0.0273%1h1.5180−0.021%$14.4M$73.3M50xas long as short
Kalshi KXXRPPERP+0.0344%8h1.5186+0.020%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5182−0.008%$517K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.244%$68K$110K15xas long as short
Aftermath Perps XRPUSDshort+0.0659%1h1.5205+0.148%$2K$14K10x