← Back to Screener
updated —XRP Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+41.94%
3d Period Avg+28.52%
swing±22.50%
LONG Backpack · nowXRP_USDC_PERP
−17.39%
3d avg:−3.83%
SHORT Aftermath · now
+24.55%
3d avg:+24.69%
Entry Spread Now
+0.054%
In your favorL ask 0.9886 · S bid 0.9891+$5.36 at entry
24h range −0.98%…+0.75% · median +0.06%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker-0.005%/taker0.045%
Loading Funding History…
↗Total PnL
−$13.80
−0.14%
$Avg Daily PnL
+$7.81
+0.0781%
★Best Day
+$9.04
Nov 13
◎Open Interest
Backpack$837.2K
Aftermath$27.9K⚡Funding APR
+28.50%
annualized · funding only
⚠Execution Cost
−$37.22
entry + exit fees
⏱Payback
4.8d
to break even
◧24h Volume
Backpack$1.34MAftermath$281.0KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$37.22 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.