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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0510%/8h= +55.9% APRnext payment +$0.64 per $10,000 · paid last 24h +0.131%
Price spread now: Aftermath Perps against Lighter RH−0.651%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 fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.651% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.651% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$65 on $10k: about 4.3 days of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XRP1.57000.0096pay 0.0012% / 1h45m 46s$461K$3.1M20x
ShortAftermath Perps XRPUSD1.55980.0606get 0.0076% / 1h45m 46s$1K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter RH. 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
$107.2
Price spread: −0.651% → 0.000%
−$65.12
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$33.07
Costs to cover
0.090%
Break-even
4.8 days
Slippage unknown: Lighter RH: live order book, 2 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 Lighter RH live order book, 2 min ago1.60 bp1.6 bp −$26.5 bp −$6539.8 bp −$3,975doesn'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%1h1.5636−0.408%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5691−0.056%$1.1M$104K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5637−0.398%$262K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0006%1h1.5655−0.287%$9.6M$24.9M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−2.611%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5645−0.353%$15.7M$67.5M50xas long as short
Orderly PERP_XRP_USDC+0.0052%8h1.5652−0.306%$82K$935K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0080% / S +0.0144%1h1.5639−0.391%$925K200xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5608−0.589%$19K$73K7xas long as short
Lighter XRP+0.0096%1h1.5677−0.148%$3.0M$11.7M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRPlong+0.0096%1h1.5700long leg$461K$3.1M20x
Nado XRP-PERP+0.0100%1h1.5627−0.462%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5672−0.175%$39.9M$75.5M100xas long as short
Pacifica XRP+0.0100%1h1.5690−0.061%$678K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5696−0.026%$569.5M$1.92B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5697−0.019%$356.1M$872.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5696−0.025%$129.1M$872.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5615−0.541%$581K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5638−0.395%$121K$724K20xas long as short
Bulk XRP-USD+0.0100%1h1.5527−1.102%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5664−0.229%$373.1M$135.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5695−0.032%$292.2M$825.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5677−0.146%$113.4M$153.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5674−0.166%$272.1M$353.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5666−0.217%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5524−1.120%$11.8M$29.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5540−1.019%$675K$98.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5571−0.825%$1.1M$41.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5583−0.745%$1.0M$878K50xas long as short
Vest XRP-PERP+0.0100%1h1.5629−0.454%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5637−0.401%$53K$437K20xas long as short
Bullet XRP-USD+0.0100%1h1.5639−0.390%$42K$62K20xas long as short
Derive XRP-PERP+0.0100%1h1.5654−0.293%$843K$71K10xas long as short
SunX XRP-USDT+0.0100%8h1.5652−0.308%$131K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5648−0.331%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5636−0.406%$51.4M$15.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5645−0.350%$55.7M$28.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5696−0.029%$489K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5628−0.459%$12K$248K20xas long as short
Extended XRP-USD+0.0104%1h1.5653−0.300%$2.2M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5652−0.307%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0160%1h1.5635−0.414%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5634−0.423%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5656−0.280%$5.8M$46.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5619−0.516%$24.6M$71.9M125xas long as short
Kalshi KXXRPPERP+0.0337%8h1.5643−0.363%$1.9M$32.0M2.9xas long as short
Backpack XRP_USDC_PERP+0.0360%1h1.5656−0.280%$1.8M$976K25xas long as short
Phoenix XRP+0.0516%1h1.5590−0.701%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5638−0.396%$410K$533K10xas long as short
Aftermath Perps XRPUSDshort+0.0606%1h1.5598−0.651%$1K$11K10x
Hyperliquid XRP+0.0653%1h1.5685−0.095%$290.4M$196.7M20xas long as short