XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: dYdX against ApeX Omni−0.433%50s7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

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

costs, in and out, $10k−$520.522% of the position

Long on ApeX Omni Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.213%−$21 on $10k

Price spread, last 3 days (all we have)+0.435%+$44 · spread now −0.433%, 7d avg −0.045%

Together, before fees+0.222%+$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.388% cheaper against ApeX Omni than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.045%). Swap the legs. The two prices were read 50 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	1.5489	0.0100	pay 0.0013% / 1h	8m 28s	$1.0M	$878K	50x
Short	dYdX XRP-USD	1.5422	0	get 0.0000% / 1h	8m 28s	$1.1M	$101K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.433%Rate

Funding earned: −$21
Price spread: −0.433% → −0.045%: −$38.76
Slippage, 4 orders: −$32.24
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$112.01
Costs to cover: 0.522%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 1 min ago; dYdX: live order book, 1 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, 1 min ago	0.65 bp	6.1 bp −$6	10.1 bp −$101	doesn't fit	doesn't fit
Sell dYdX live order book, 1 min ago	15.24 bp	20.2 bp −$20	25.2 bp −$252	36.7 bp −$3,667	74.8 bp −$37.4K

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	1.5416	−0.471%	$7K	$2K	20x	as long as short
dYdX XRP-USDshort	0.0000%	1h	1.5422	−0.433%	$1.1M	$101K	10x
Phoenix XRP	0.0000%	1h	1.5450	−0.252%	$69K	$89K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5433	−0.362%	$9.4M	$24.7M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5410	−0.508%	$258K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	−1.285%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0047%	8h	1.5415	−0.478%	$80K	$933K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0075% / S +0.0168%	1h	1.5410	−0.512%	$907K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5424	−0.418%	$3.0M	$11.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5422	−0.433%	$446K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5422	−0.429%	$1.1M	$5.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5414	−0.482%	$39.3M	$73.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5419	−0.451%	$674K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5412	−0.496%	$554.5M	$1.87B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5413	−0.491%	$346.6M	$852.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5411	−0.504%	$126.1M	$847.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5409	−0.516%	$574K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5423	−0.426%	$119K	$688K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5472	−0.113%	$1.7M	$470K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5410	−0.510%	$368.1M	$133.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5412	−0.497%	$293.0M	$821.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5412	−0.495%	$112.2M	$149.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5413	−0.491%	$267.0M	$346.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5410	−0.510%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5487	−0.012%	$6.7M	$24.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5464	−0.164%	$671K	$95.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5471	−0.114%	$1.1M	$41.5M	20x	as long as short
ApeX Omni XRPUSDTlong	+0.0100%	1h	1.5489	long leg	$1.0M	$878K	50x
Vest XRP-PERP	+0.0100%	1h	1.5416	−0.470%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5416	−0.471%	$50K	$468K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5412	−0.496%	$42K	$60K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5432	−0.369%	$831K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5450	−0.249%	$129K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5429	−0.387%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5420	−0.443%	$50.8M	$14.9M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5415	−0.478%	$55.1M	$28.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5414	−0.481%	$481K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5417	−0.465%	$12K	$239K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5413	−0.491%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5431	−0.372%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5421	−0.439%	$8K	$8K	10x	as long as short
Kraken Futures PF_XRPUSD	+0.0169%	1h	1.5427	−0.401%	$15.7M	$65.3M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5440	−0.316%	$5.6M	$45.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0200%	1h	1.5421	−0.439%	$1.8M	$953K	25x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5412	−0.496%	$1.4M	$9K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5429	−0.387%	$24.2M	$68.5M	125x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5481	−0.051%	$19K	$66K	7x	as long as short
Kalshi KXXRPPERP	+0.0299%	8h	1.5457	−0.207%	$1.8M	$32.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5426	−0.410%	$405K	$499K	10x	as long as short
Hyperliquid XRP	+0.0507%	1h	1.5431	−0.374%	$284.4M	$190.4M	20x	as long as short
Aftermath Perps XRPUSD	+0.0544%	1h	1.5436	−0.340%	$1K	$11K	10x	as long as short