XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: Bulk against ApeX Omni−0.182%55s7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.260% of the position

Long on ApeX Omni Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.182%, 7d avg −0.023%

Together, before fees+0.147%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bulk is 0.160% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.182% now, against its 7-day average of −0.023%). If the spread goes back, that is −$16 on $10k: about 28 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (0.000% in total) that is about years. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XRPUSDT	1.5590	0.0081	pay 0.0010% / 1h	51m 54s	$1.0M	$886K	50x
Short	Bulk XRP-USD	1.5562	0.0100	get 0.0013% / 1h	51m 54s	$1.7M	$573K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BulkbpOrdersPrice spread, now −0.182%Rate

Funding earned: $3.96
Price spread: −0.182% → −0.023%: −$15.99
Slippage, 4 orders: −$9.04
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$38.06
Costs to cover: 0.260%
Break-even: 74.2 days

Slippage from ApeX Omni: live order book, 2 min ago; Bulk: live order book, 2 min ago.

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 ApeX Omni live order book, 2 min ago	3.83 bp	9.0 bp −$9	12.9 bp −$129	doesn't fit	doesn't fit
Sell Bulk live order book, 2 min ago	0.32 bp	3.8 bp −$4	3.8 bp −$38	7.3 bp −$727	19.5 bp −$9,767

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
Hotstuff XRP-PERP	−0.0080%	1h	1.5671	+0.520%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5663	+0.471%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5600	+0.064%	$69K	$90K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5666	+0.487%	$9.7M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5657	+0.427%	$262K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0004% / S +0.0108%	1h	1.5664	+0.476%	$861K	—	200x	as long as short
Kraken Futures PF_XRPUSD	+0.0031%	1h	1.5664	+0.474%	$15.7M	$68.8M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0056%	8h	1.5660	+0.449%	$77K	$909K	50x	as long as short
ApeX Omni XRPUSDTlong	+0.0081%	1h	1.5590	long leg	$1.0M	$886K	50x
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	−0.192%	$2K	$107K	30x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5665	+0.482%	$3.0M	$12.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5668	+0.500%	$446K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5672	+0.529%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5664	+0.474%	$39.8M	$79.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5663	+0.468%	$645K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5653	+0.404%	$561.5M	$2.01B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5655	+0.417%	$349.9M	$912.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5662	+0.462%	$128.2M	$894.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5593	+0.019%	$580K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5668	+0.500%	$119K	$748K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5661	+0.455%	$374.8M	$142.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5659	+0.443%	$305.3M	$861.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5664	+0.477%	$114.2M	$162.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5660	+0.449%	$273.6M	$369.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5662	+0.462%	—	$120.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5607	+0.112%	$11.7M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5645	+0.354%	$679K	$102.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5674	+0.541%	$1.1M	$41.0M	20x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5669	+0.507%	$45K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5670	+0.513%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5664	+0.472%	$843K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5669	+0.507%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5664	+0.475%	$31K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5655	+0.418%	$51.4M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5664	+0.475%	$55.7M	$29.3M	50x	as long as short
Bulk XRP-USDshort	+0.0100%	1h	1.5562	−0.182%	$1.7M	$573K	20x
Paradex XRP-USD-PERP	+0.0100%	8h	1.5662	+0.460%	$488K	$54K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5665	+0.484%	—	$10K	10x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5663	+0.468%	$12K	$264K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5657	+0.427%	$2.2M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5669	+0.508%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5670	+0.513%	$9K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5668	+0.498%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5690	+0.641%	$24.6M	$75.0M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5673	+0.532%	$5.9M	$48.2M	50x	as long as short
Hibachi XRP/USDT-P	+0.0272%	1h	1.5659	+0.445%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0319%	8h	1.5677	+0.558%	$2.0M	$33.6M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0406%	1h	1.5667	+0.494%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0601%	1h	1.5677	+0.560%	$297.5M	$207.0M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5677	+0.558%	$511K	$632K	10x	as long as short
Aftermath Perps XRPUSD	+0.0767%	1h	1.5630	+0.255%	$1K	$11K	10x	as long as short