Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Derive against Bulk+0.551%7-day average −0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.669%−$67 · spread now +0.551%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.574% dearer against Bulk than usual: you sell high and buy low, +$57 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XRP-USD | 1.5477 | 0.0100 | pay 0.0013% / 1h | 22m 28s | $1.7M | $578K | 20x |
| Short | Derive XRP-PERP | 1.5562 | 0.0100 | get 0.0013% / 1h | 22m 28s | $838K | $81K | 10x |
Bulk XRP-USD
Derive XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Bulk. 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
- Price spread: +0.551% → −0.023%
- $57.4
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $44.4
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Bulk: live order book, 2 min ago; Derive: 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 Bulk live order book, 2 min ago | 0.32 bp | 3.8 bp −$4 | 4.7 bp −$47 | 11.0 bp −$1,099 | 30.7 bp −$15.3K |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | 1.5566 | +0.577% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5557 | +0.521% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5565 | +0.571% | $9.6M | $25.3M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5578 | +0.655% | $261K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5290 | −1.206% | $23K | $86K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5559 | +0.535% | $15.5M | $68.6M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0053% / S +0.0120% | 1h | 1.5574 | +0.628% | $1.1M | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0054% | 8h | 1.5580 | +0.668% | $78K | $949K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5559 | +0.530% | $3.0M | $12.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5558 | +0.526% | $441K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5562 | +0.555% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5570 | +0.603% | $39.5M | $78.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5563 | +0.561% | $641K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5578 | +0.653% | $560.3M | $1.97B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5581 | +0.674% | $347.6M | $897.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5581 | +0.674% | $127.6M | $882.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5556 | +0.513% | $578K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5573 | +0.623% | $119K | $741K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5573 | +0.623% | $374.5M | $140.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5568 | +0.590% | $298.6M | $854.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5568 | +0.590% | $114.0M | $159.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5568 | +0.590% | $271.8M | $363.3M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5567 | +0.584% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5537 | +0.387% | $11.7M | $30.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5544 | +0.438% | $676K | $101.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5571 | +0.610% | $1.1M | $41.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5557 | +0.519% | $1.0M | $883K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5565 | +0.570% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5572 | +0.616% | $46K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5563 | +0.556% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERPshort | +0.0100% | 1h | 1.5562 | +0.551% | $838K | $81K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5577 | +0.646% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5563 | +0.558% | $34K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5557 | +0.520% | $51.1M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5559 | +0.532% | $55.4M | $29.2M | 50x | as long as short |
| Bulk XRP-USDlong | +0.0100% | 1h | 1.5477 | long leg | $1.7M | $578K | 20x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5562 | +0.553% | $485K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5566 | +0.577% | $12K | $259K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5569 | +0.597% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5558 | +0.529% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5574 | +0.629% | $8K | $8K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.5585 | +0.700% | $18K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5566 | +0.575% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5570 | +0.603% | $5.8M | $47.3M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5563 | +0.558% | $24.5M | $73.9M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0290% | 1h | 1.5564 | +0.564% | $1.8M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0322% | 8h | 1.5587 | +0.713% | $1.9M | $32.8M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5570 | +0.603% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5580 | +0.667% | $510K | $630K | 10x | as long as short |
| Hyperliquid XRP | +0.0598% | 1h | 1.5585 | +0.700% | $291.8M | $202.7M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0738% | 1h | 1.5559 | +0.530% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD