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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.032%
Price spread now: Aftermath Perps against RISEx+0.357%48s7-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 +$1 a day on $10k at the current rate, and Aftermath Perps is 0.357% dearer against RISEx than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.55080.0761pay 0.0095% / 1h39m 41s$504K$632K10x
ShortAftermath Perps XRPUSD1.55640.0807get 0.0101% / 1h39m 41s$1K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against RISEx. 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
$9.68
Price spread: +0.357% → 0.000%
$35.74
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$30.43
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: RISEx: live order book, 39 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 RISEx live order book, 39 min ago1.00 bp4.8 bp −$58.5 bp −$85doesn'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%1h1.5501−0.046%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5497−0.071%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5550+0.270%$69K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5495−0.085%$9.6M$25.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5495−0.083%$259K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0103%1h1.5495−0.087%$852K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5492−0.103%$15.5M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0057%8h1.5494−0.092%$76K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+0.334%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5504−0.026%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5505−0.021%$441K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5500−0.050%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5497−0.071%$39.4M$80.5M100xas long as short
Pacifica XRP+0.0100%1h1.5499−0.059%$638K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5497−0.070%$555.0M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5499−0.059%$346.5M$918.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5500−0.053%$126.7M$885.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5546+0.244%$578K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5499−0.059%$116K$754K20xas long as short
Bulk XRP-USD+0.0100%1h1.5506−0.015%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5493−0.098%$373.3M$144.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5497−0.072%$295.9M$872.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5502−0.037%$113.0M$163.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5494−0.092%$271.3M$370.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5498−0.066%$120.9Mas long as short
Variational Omni XRP+0.0100%8h1.5522+0.086%$11.6M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5529+0.132%$674K$103.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5516+0.052%$1.1M$40.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5524+0.102%$1.0M$899K50xas long as short
Vest XRP-PERP+0.0100%1h1.5504−0.030%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5498−0.066%$48K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5497−0.072%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5495−0.082%$834K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5498−0.063%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5493−0.098%$33K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5501−0.044%$50.9M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5493−0.098%$55.1M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5493−0.095%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5501−0.046%$12K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5491−0.112%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5493−0.099%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5501−0.046%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5495−0.086%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5514+0.037%$24.5M$74.4M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5504−0.027%$5.9M$47.4M50xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5527+0.122%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0312%8h1.5507−0.008%$2.0M$34.0M2.9xas long as short
Backpack XRP_USDC_PERP+0.0331%1h1.5503−0.034%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0604%1h1.5525+0.108%$295.0M$209.4M20xas long as short
RISEx XRP/USDClong+0.0761%1h1.5508long leg$504K$632K10x
Aftermath Perps XRPUSDshort+0.0807%1h1.5564+0.357%$1K$11K10x