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+0.0839%/8h= +91.9% APRnext payment +$1.05 per $10,000 · paid last 24h +0.202%
Price spread now: Aftermath Perps against Hotstuff+0.072%50s7-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 airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Aftermath Perps is 0.072% dearer against Hotstuff than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5118−0.0080get 0.0010% / 1h58m 41s$5K$3K20x
ShortAftermath Perps XRPUSD1.51290.0759get 0.0095% / 1h58m 41s$2K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Hotstuff. 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
$176.22
Price spread: +0.072% → 0.000%
$7.24
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$169.46
Costs to cover
0.140%
Break-even
0.3 days
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Aftermath Perps no order-book sample
Hotstuff and 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-PERPlong−0.0080%1h1.5118long leg$5K$3K20x
dYdX XRP-USD0.0000%1h1.5116−0.013%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.146%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5112−0.040%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0052%1h1.5111−0.044%$798K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.924%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.51180.000%$62K$935K50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5114−0.026%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5114−0.027%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5116−0.013%$508K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5107−0.073%$9K$305K20xas long as short
Nado XRP-PERP+0.0100%1h1.5111−0.043%$965K$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5125+0.046%$279.6M$220.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5114−0.027%$38.3M$83.1M100xas long as short
Pacifica XRP+0.0100%1h1.5114−0.026%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5116−0.011%$535.7M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5113−0.033%$340.8M$924.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5109−0.060%$124.5M$861.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.51180.000%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5114−0.026%$114K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144+0.172%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5111−0.046%$367.0M$149.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5113−0.033%$293.8M$889.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5111−0.046%$106.5M$170.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5108−0.066%$266.6M$379.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5110−0.053%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5125+0.045%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5125+0.048%$657K$109.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5132+0.091%$1.1M$36.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5131+0.086%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5115−0.023%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5112−0.040%$42K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5112−0.040%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5121+0.020%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5124+0.040%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5119+0.007%$31K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5106−0.080%$49.5M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5125+0.046%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5117−0.007%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5108−0.067%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5116−0.010%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5123+0.033%$7.7M$25.1M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5108−0.065%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5124+0.040%$5.7M$46.2M50xas long as short
Backpack XRP_USDC_PERP+0.0267%1h1.5132+0.093%$1.9M$1.3M25xas long as short
Kraken Futures PF_XRPUSD+0.0274%1h1.5120+0.011%$14.5M$72.7M50xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5108−0.065%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0358%8h1.5129+0.073%$2.1M$35.1M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5117−0.004%$526K$787K10xas long as short
Aftermath Perps XRPUSDshort+0.0759%1h1.5129+0.072%$2K$14K10x