Funding you earn now, next payment 08:00 UTC+0.0560%/8h= +61.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.155%
Price spread now: Aftermath Perps against Phoenix+0.086%7-day average — · you sell dearer than you buy
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—needs both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Aftermath Perps is 0.086% dearer against Phoenix than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XRP | 1.5170 | 0 | get 0.0000% / 1h | 30m 55s | $67K | $110K | 15x |
| Short | Aftermath Perps XRPUSD | 1.5183 | 0.0560 | get 0.0070% / 1h | 30m 55s | $2K | $16K | 10x |
Phoenix XRP
Aftermath Perps XRPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Phoenix. 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
- $117.6
- Price spread: +0.086% → 0.000%
- $8.6
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $110.2
- Costs to cover
- 0.160%
- Break-even
- 0.4 days
Slippage unknown: Phoenix: live order book, 47 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 47 min ago | 6.58 bp | 35.9 bp −$36 | 95.0 bp −$950 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0172% | 1h | 1.5146 | −0.157% | $14.7M | $74.5M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5143 | −0.178% | $5K | $3K | 20x | as long as short |
| Phoenix XRPlong | 0.0000% | 1h | 1.5170 | long leg | $67K | $110K | 15x | |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5142 | −0.183% | $246K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0010% | 1h | 1.5149 | −0.138% | $1.1M | $157K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5148 | −0.145% | $7.7M | $23.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.571% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5149 | −0.137% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5146 | −0.157% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5151 | −0.125% | $617K | $3.1M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
gTrade (Gains Network) XRP/USD
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5142 | −0.185% | $20K | $381K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | −0.155% | $990K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5144 | −0.171% | $38.4M | $84.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5147 | −0.149% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5143 | −0.178% | $527.8M | $2.17B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5140 | −0.198% | $352.5M | $939.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5142 | −0.185% | $125.8M | $848.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5150 | −0.132% | $556K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5154 | −0.105% | $143K | $708K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | +0.204% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5144 | −0.171% | $377.0M | $153.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5142 | −0.185% | $310.6M | $917.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5143 | −0.176% | $105.8M | $183.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5141 | −0.191% | $267.9M | $380.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5142 | −0.185% | — | $108.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5200 | +0.198% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5161 | −0.058% | $659K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5198 | +0.185% | $1.1M | $33.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5155 | −0.099% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5154 | −0.108% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5149 | −0.138% | $52K | $509K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5146 | −0.157% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5145 | −0.165% | $77K | $648K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5145 | −0.168% | $815K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5152 | −0.119% | $127K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5144 | −0.171% | $30K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5146 | −0.160% | $49.4M | $14.9M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5151 | −0.125% | $54.0M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5149 | −0.136% | $472K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5137 | −0.215% | $2.1M | $6.7M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5149 | −0.138% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5144 | −0.173% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0119% / S −0.0085% | 1h | 1.5145 | −0.168% | $785K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5150 | −0.132% | $5.3M | $47.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0169% | 8h | 1.5155 | −0.099% | $1.7M | $33.2M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0178% | 1h | 1.5159 | −0.073% | $289.7M | $267.9M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0204% | 1h | 1.5156 | −0.092% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5144 | −0.171% | $23.7M | $77.4M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5141 | −0.189% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5149 | −0.141% | $518K | $788K | 10x | as long as short |
| Aftermath Perps XRPUSDshort | +0.0560% | 1h | 1.5183 | +0.086% | $2K | $16K | 10x |
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC