XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Arcus−0.090%7-day average −0.029% · 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−$22as in the Price arb table

costs, in and out, $10k−$160.161% of the position

Long on Arcus Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.090%, 7d avg −0.029%

Together, before fees−0.032%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.061% cheaper against Arcus than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus XRP-USD	1.5147	0.0100	pay 0.0013% / 1h	56m 45s	$118K	$705K	20x
Short	Extended XRP-USD	1.5133	0.0104	get 0.0013% / 1h	56m 45s	$2.0M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0.84
Price spread: −0.090% → −0.029%: −$6.07
Slippage, 4 orders: −$6.61
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$21.34
Costs to cover: 0.161%
Break-even: 184.8 days

Slippage from Arcus: live order book, 62 min ago; Extended: 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	5.3 bp −$5	13.0 bp −$130	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.33 bp	3.0 bp −$3	5.0 bp −$50	doesn't fit	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
Hotstuff XRP-PERP	−0.0080%	1h	1.5149	+0.013%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5153	+0.041%	$1.1M	$111K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	+0.020%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5141	−0.038%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5141	−0.040%	$7.7M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5137	−0.064%	$14.3M	$73.9M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.727%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0048% / S +0.0018%	1h	1.5141	−0.040%	$789K	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0095%	8h	1.5140	−0.046%	$62K	$934K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5134	−0.086%	$2.8M	$14.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5143	−0.026%	$498K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5134	−0.086%	$10K	$331K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5139	−0.050%	$1.1M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5139	−0.054%	$38.3M	$83.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5155	+0.056%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5134	−0.086%	$532.3M	$2.13B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5135	−0.079%	$346.4M	$938.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5136	−0.073%	$127.7M	$877.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5138	−0.059%	$563K	$28K	5x	as long as short
Arcus XRP-USDlong	+0.0100%	1h	1.5147	long leg	$118K	$705K	20x
Bulk XRP-USD	+0.0100%	1h	1.5114	−0.218%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5134	−0.086%	$369.8M	$152.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5136	−0.073%	$292.5M	$895.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5140	−0.048%	$107.9M	$175.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5133	−0.092%	$268.0M	$386.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5136	−0.073%	—	$127.4M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5154	+0.045%	$4.8M	$38.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5146	−0.006%	$658K	$108.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5141	−0.040%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5151	+0.026%	$1.2M	$1.1M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5142	−0.033%	$44K	$454K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5144	−0.020%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5141	−0.042%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5145	−0.013%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5139	−0.053%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5141	−0.040%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5140	−0.046%	$53.9M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5151	+0.025%	$472K	$55K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5143	−0.029%	—	$11K	10x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5133	−0.090%	$2.0M	$6.8M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5136	−0.072%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5144	−0.020%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0129%	1h	1.5146	−0.007%	$280.2M	$228.1M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5147	0.000%	$5.6M	$47.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0216%	1h	1.5142	−0.034%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5140	−0.045%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5140	−0.046%	$24.2M	$76.1M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0242%	1h	1.5147	0.000%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0244%	8h	1.5151	+0.026%	$2.0M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5146	−0.005%	$516K	$773K	10x	as long as short
Aftermath Perps XRPUSD	+0.0671%	1h	1.5149	+0.011%	$2K	$15K	10x	as long as short