Funding you earn now, next payment 06:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.024%
Price spread now: Deribit against BingX+0.053%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.053%, 7d avg +0.040%
=The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XRP-USDC | 1.5085 | 0.0100 | pay 0.0100% / 8h | 2h 19m | — | $4.2M | — |
| Short | Deribit XRP_USDC-PERPETUAL | 1.5093 | 0.0081 | get 0.0010% / 1h | 19m 25s | $7.7M | $25.5M | 50x |
BingX XRP-USDC
Deribit XRP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.99
- Price spread: +0.053% → +0.040%
- $1.31
- Slippage, 4 orders
- −$6.93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$26.62
- Costs to cover
- 0.239%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Deribit: live order book, 5 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 BingX live order book, 16 min ago | 0.67 bp | 6.9 bp −$7 | 10.3 bp −$103 | 19.9 bp −$1,990 | 65.9 bp −$32.9K |
| Sell Deribit live order book, 5 min ago | 0.33 bp | 4.3 bp −$4 | 6.1 bp −$61 | 87.5 bp −$8,747 | 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 | 1.5080 | −0.033% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5088 | +0.017% | $14.2M | $74.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5075 | −0.068% | $1.1M | $133K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5080 | −0.033% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5087 | +0.011% | $244K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.149% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0070% / S −0.0014% | 1h | 1.5086 | +0.005% | $794K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUALshort | +0.0081% | 1h | 1.5093 | +0.053% | $7.7M | $25.5M | 50x | |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5088 | +0.020% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5083 | −0.011% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5086 | +0.007% | $545K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5076 | −0.060% | $10K | $361K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5085 | +0.003% | $987K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5100 | +0.099% | $288.1M | $262.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5090 | +0.035% | $38.4M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5085 | −0.003% | $600K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5090 | +0.036% | $524.3M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5089 | +0.027% | $343.5M | $963.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5090 | +0.033% | $125.8M | $883.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5044 | −0.272% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5093 | +0.053% | $144K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5026 | −0.388% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5087 | +0.013% | $370.8M | $160.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5090 | +0.033% | $286.1M | $922.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5087 | +0.015% | $105.4M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5088 | +0.020% | $264.9M | $397.5M | 125x | as long as short |
| BingX XRP-USDClong | +0.0100% | 8h | 1.5085 | long leg | — | $4.2M | — | |
| Variational Omni XRP | +0.0100% | 8h | 1.5046 | −0.259% | $4.7M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5054 | −0.204% | $654K | $113.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5028 | −0.378% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5002 | −0.550% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5086 | +0.010% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5091 | +0.040% | $51K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5089 | +0.026% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5088 | +0.020% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5088 | +0.022% | $812K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5094 | +0.061% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5088 | +0.020% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5070 | −0.102% | $49.2M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5074 | −0.073% | $53.8M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5091 | +0.037% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5085 | −0.001% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5089 | +0.023% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0174% | 8h | 1.5069 | −0.106% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0184% | 1h | 1.5087 | +0.013% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5093 | +0.053% | $5.7M | $48.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5071 | −0.095% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5085 | +0.002% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5051 | −0.225% | $23.3M | $76.7M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5091 | +0.038% | $520K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0595% | 1h | 1.5036 | −0.326% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD