XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.016%

Price spread now: Kraken Futures against ApeX Omni−0.020%45s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as 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−$330.332% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 3 days (all we have)+0.151%+$15 · spread now −0.020%, 7d avg −0.021%

Together, before fees+0.145%+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 45 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	1.5321	0.0100	pay 0.0013% / 1h	31m 20s	$1.0M	$892K	50x
Short	Kraken Futures PF_XRPUSD	1.5318	0.0244	get 0.0030% / 1h	31m 20s	$14.5M	$70.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.020%Rate

Funding earned: $30.21
Price spread: −0.020% → −0.021%: $0.13
Slippage, 4 orders: −$13.22
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$2.89
Costs to cover: 0.332%
Break-even: 7.7 days

Slippage from ApeX Omni: live order book, 3 min ago; Kraken Futures: live order book, 3 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, 3 min ago	1.96 bp	7.5 bp −$7	12.8 bp −$128	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	2.29 bp	8.8 bp −$9	11.9 bp −$119	20.8 bp −$2,076	47.7 bp −$23.8K

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	1.5347	+0.170%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5335	+0.092%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5333	+0.078%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0014% / S +0.0080%	1h	1.5330	+0.060%	$841K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.560%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5334	+0.085%	$58K	$935K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5336	+0.096%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5339	+0.117%	$515K	$3.2M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5348	+0.176%	$8K	$8K	10x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5344	+0.150%	$10K	$277K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5345	+0.155%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5345	+0.153%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5346	+0.163%	$38.8M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5340	+0.121%	$621K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5334	+0.087%	$540.0M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5337	+0.104%	$341.9M	$920.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5336	+0.098%	$124.9M	$869.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	−0.033%	$570K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5349	+0.183%	$119K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5296	−0.164%	$1.6M	$517K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5335	+0.091%	$374.0M	$149.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5336	+0.098%	$309.7M	$903.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5338	+0.112%	$108.9M	$165.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5336	+0.098%	$268.3M	$374.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5326	+0.033%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5328	+0.046%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	−0.049%	$665K	$107.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5322	+0.009%	$1.1M	$38.8M	20x	as long as short
ApeX Omni XRPUSDTlong	+0.0100%	1h	1.5321	long leg	$1.0M	$892K	50x
Vest XRP-PERP	+0.0100%	1h	1.5331	+0.064%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5346	+0.163%	$49K	$441K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5333	+0.078%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5321	0.000%	$825K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5327	+0.040%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5320	−0.007%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5318	−0.017%	$50.3M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5319	−0.013%	$54.5M	$29.5M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5342	+0.134%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5320	−0.005%	$59K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0142%	1h	1.5323	+0.013%	$9.3M	$25.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5332	+0.074%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5317	−0.026%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5322	+0.007%	$5.8M	$46.2M	50x	as long as short
Kraken Futures PF_XRPUSDshort	+0.0244%	1h	1.5318	−0.020%	$14.5M	$70.0M	50x
Backpack XRP_USDC_PERP	+0.0282%	1h	1.5334	+0.085%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5319	−0.013%	$2.1M	$34.9M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5313	−0.052%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0406%	1h	1.5349	+0.183%	$289.9M	$214.6M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	+0.059%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0803%	1h	1.5331	+0.064%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5351	+0.193%	$507K	$754K	10x	as long as short