XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.022%

Price spread now: Coinbase International against Arcus+0.157%7-day average +0.031% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$230.234% of the position

Long on Arcus Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.038%+$4 on $10k

Price spread, last 3 days (all we have)−0.377%−$38 · spread now +0.157%, 7d avg +0.031%

Together, before fees−0.339%−$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.126% dearer against Arcus than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus XRP-USD	1.5278	0.0100	pay 0.0013% / 1h	26m 51s	$114K	$647K	20x
Short	Coinbase International XRP-PERP-INTX	1.5302	0.0192	get 0.0024% / 1h	26m 51s	$5.4M	$43.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Arcus. 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 ArcusbpFee Coinbase InternationalbpOrdersPrice spread, now +0.157%Rate

Funding earned: $19.32
Price spread: +0.157% → +0.031%: $12.62
Slippage, 4 orders: −$8.91
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $8.53
Costs to cover: 0.234%
Break-even: 3.9 days

Slippage from Arcus: live order book, 62 min ago; Coinbase International: 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 Arcus live order book, 62 min ago	1.32 bp	4.2 bp −$4	4.9 bp −$49	23.1 bp −$2,312	doesn't fit
Sell Coinbase International live order book, 2 min ago	0.98 bp	7.6 bp −$8	10.7 bp −$107	29.5 bp −$2,952	doesn't fit

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
GMX XRP/USD [ETH-USDC]	L −0.0210% / S +0.0297%	1h	1.5280	+0.015%	$1.7M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5265	−0.085%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5266	−0.075%	$1.1M	$99K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5250	−0.183%	$68K	$89K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5281	+0.022%	$256K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5301	+0.151%	$9.2M	$24.0M	50x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	+0.079%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0046%	8h	1.5282	+0.026%	$178K	$788K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5307	+0.190%	$3.0M	$11.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5299	+0.137%	$444K	$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	1.5269	−0.056%	$1.0M	$5.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5312	+0.223%	$38.9M	$71.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5275	−0.018%	$665K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5310	+0.209%	$547.6M	$1.84B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5313	+0.229%	$342.8M	$834.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5314	+0.236%	$123.6M	$831.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5228	−0.327%	$566K	$40K	5x	as long as short
Arcus XRP-USDlong	+0.0100%	1h	1.5278	long leg	$114K	$647K	20x
Bulk XRP-USD	+0.0100%	1h	1.5201	−0.503%	$1.6M	$350K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5306	+0.183%	$365.1M	$130.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5309	+0.203%	$289.6M	$804.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5309	+0.204%	$113.5M	$147.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5318	+0.262%	$266.7M	$338.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5308	+0.196%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5205	−0.479%	$6.2M	$24.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5202	−0.498%	$661K	$95.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5221	−0.374%	$1.1M	$41.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5204	−0.484%	$1.0M	$848K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5281	+0.020%	$49K	$475K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5277	−0.007%	$42K	$59K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5285	+0.049%	$823K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5259	−0.122%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5295	+0.111%	$28K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5275	−0.022%	$50.3M	$14.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5304	+0.170%	$54.7M	$28.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5274	−0.023%	$476K	$54K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5269	−0.059%	—	$10K	10x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5277	−0.007%	$11K	$235K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5308	+0.195%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5293	+0.095%	$71K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5278	0.000%	$8K	$8K	10x	as long as short
Backpack XRP_USDC_PERP	+0.0143%	1h	1.5321	+0.281%	$1.7M	$919K	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0170%	1h	1.5296	+0.121%	$15.3M	$63.3M	50x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0192%	1h	1.5302	+0.157%	$5.4M	$43.4M	50x
Kalshi KXXRPPERP	+0.0208%	8h	1.5297	+0.124%	$1.7M	$31.5M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5276	−0.012%	$1.4M	$10K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5299	+0.137%	$23.9M	$66.7M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5249	−0.190%	$19K	$55K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5282	+0.026%	$405K	$496K	10x	as long as short
Hyperliquid XRP	+0.0462%	1h	1.5329	+0.334%	$281.7M	$181.7M	20x	as long as short
Aftermath Perps XRPUSD	+0.0538%	1h	1.5243	−0.227%	$1K	$11K	10x	as long as short