Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Katana Perps against BingX+0.173%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.029%−$3 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.173%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.168% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XRP-USDC | 1.5594 | 0.0100 | pay 0.0100% / 8h | 50m 03s | — | $3.7M | — |
| Short | Katana Perps XRP-USD | 1.5621 | 0.0101 | get 0.0101% / 8h | 50m 03s | $13K | $264K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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
- $0.13
- Price spread: +0.173% → +0.005%
- $16.8
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $3.13
- Costs to cover
- 0.138%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 10 min ago; Katana Perps: 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 BingX live order book, 10 min ago | 0.64 bp | 7.1 bp −$7 | 11.4 bp −$114 | 27.3 bp −$2,728 | 71.4 bp −$35.7K |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana Perps: 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 | 1.5636 | +0.269% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5606 | +0.077% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5690 | +0.616% | $70K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5599 | +0.032% | $9.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5602 | +0.052% | $261K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0004% / S +0.0107% | 1h | 1.5601 | +0.045% | $858K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5595 | +0.007% | $15.7M | $68.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5601 | +0.045% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.218% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5597 | +0.021% | $3.0M | $12.5M | 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 | 1.5596 | +0.013% | $444K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5598 | +0.026% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5599 | +0.030% | $39.6M | $79.9M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5622 | +0.179% | $643K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5603 | +0.060% | $559.8M | $2.01B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5603 | +0.058% | $347.4M | $913.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5604 | +0.064% | $127.5M | $890.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5650 | +0.359% | $582K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5604 | +0.064% | $117K | $753K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5633 | +0.251% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5596 | +0.013% | $373.1M | $143.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5608 | +0.090% | $303.5M | $864.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5607 | +0.082% | $113.4M | $162.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5607 | +0.083% | $272.8M | $369.3M | 125x | as long as short |
| BingX XRP-USDClong | +0.0100% | 8h | 1.5594 | long leg | — | $3.7M | — | |
| Variational Omni XRP | +0.0100% | 8h | 1.5634 | +0.254% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5645 | +0.329% | $679K | $102.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5674 | +0.515% | $1.1M | $41.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5691 | +0.622% | $1.0M | $887K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5615 | +0.136% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5609 | +0.096% | $45K | $451K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5600 | +0.041% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5603 | +0.059% | $840K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5610 | +0.103% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5593 | −0.006% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5601 | +0.045% | $51.2M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5596 | +0.013% | $55.5M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5632 | +0.241% | $487K | $54K | 50x | as long as short |
| Katana Perps XRP-USDshort | +0.0101% | 8h | 1.5621 | +0.173% | $13K | $264K | 20x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5603 | +0.059% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5601 | +0.047% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5617 | +0.147% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5604 | +0.062% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5625 | +0.199% | $24.4M | $74.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5603 | +0.058% | $5.9M | $47.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5639 | +0.288% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0320% | 8h | 1.5634 | +0.257% | $2.0M | $33.6M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0378% | 1h | 1.5603 | +0.058% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0592% | 1h | 1.5618 | +0.154% | $297.3M | $207.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5617 | +0.149% | $509K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0778% | 1h | 1.5631 | +0.239% | $1K | $11K | 10x | as long as short |
BingX XRP-USDC
Katana Perps XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD