XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.003%

Price spread now: 01 Exchange against Backpack+0.144%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.144% dearer against Backpack than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack XRP_USDC_PERP	1.5307	0.0258	pay 0.0032% / 1h	4m 30s	$1.7M	$1.0M	25x
Short	01 Exchange XRPUSD	1.5329	0.0168	get 0.0021% / 1h	4m 30s	$8K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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 BackpackbpFee 01 ExchangebpOrdersPrice spread, now +0.144%Rate

Funding earned: −$18.86
Price spread: +0.144% → 0.000%: $14.37
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$21.49
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 5 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 Backpack live order book, 5 min ago	0.33 bp	5.3 bp −$5	7.1 bp −$71	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1.5315	+0.052%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5322	+0.095%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5330	+0.150%	$68K	$90K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5290	−0.108%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0006% / S +0.0091%	1h	1.5289	−0.118%	$838K	—	200x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5297	−0.064%	$14.9M	$69.8M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0061%	8h	1.5291	−0.105%	$75K	$910K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5301	−0.039%	$9.3M	$25.7M	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	+1.653%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5323	+0.104%	$2.8M	$13.8M	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	1.5325	+0.118%	$510K	$3.3M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5328	+0.140%	$1.1M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5324	+0.112%	$38.8M	$82.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5326	+0.125%	$631K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5329	+0.144%	$541.0M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5330	+0.150%	$339.0M	$930.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5330	+0.150%	$125.3M	$882.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5324	+0.111%	$570K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5328	+0.137%	$117K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5333	+0.170%	$1.7M	$570K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5321	+0.091%	$361.1M	$149.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5321	+0.091%	$295.2M	$898.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5325	+0.119%	$108.4M	$166.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5325	+0.118%	$267.7M	$377.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5325	+0.118%	—	$122.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5290	−0.108%	$8.2M	$33.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5317	+0.068%	$665K	$105.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5343	+0.235%	$1.1M	$40.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5301	−0.039%	$1.0M	$901K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5320	+0.083%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5292	−0.098%	$46K	$456K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5290	−0.113%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5295	−0.077%	$823K	$82K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5298	−0.059%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5298	−0.059%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5296	−0.069%	$50.2M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5298	−0.059%	$54.5M	$29.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5323	+0.106%	$478K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5321	+0.091%	$11K	$270K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5323	+0.101%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5294	−0.085%	$71K	$40K	3x	as long as short
01 Exchange XRPUSDshort	+0.0168%	1h	1.5329	+0.144%	$8K	$8K	10x
Reya XRPRUSDPERP	+0.0213%	1h	1.5292	−0.101%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5301	−0.039%	$24.1M	$74.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5300	−0.046%	$5.8M	$46.7M	50x	as long as short
Backpack XRP_USDC_PERPlong	+0.0258%	1h	1.5307	long leg	$1.7M	$1.0M	25x
Hibachi XRP/USDT-P	+0.0304%	1h	1.5294	−0.083%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0312%	8h	1.5279	−0.183%	$2.0M	$34.7M	2.9x	as long as short
Hyperliquid XRP	+0.0560%	1h	1.5341	+0.222%	$290.8M	$215.5M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5331	+0.156%	$529K	$744K	10x	as long as short
Aftermath Perps XRPUSD	+0.0790%	1h	1.5324	+0.112%	$1K	$11K	10x	as long as short