XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%

Price spread now: Hotstuff against Bulk−0.170%7-day average — · you buy dearer than you sell

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

Long on Bulk Short on Hotstuff

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—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.170% cheaper against Bulk than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk XRP-USD	1.5333	0.0100	pay 0.0013% / 1h	6m 21s	$1.7M	$570K	20x
Short	Hotstuff XRP-PERP	1.5307	−0.0080	pay 0.0010% / 1h	6m 21s	$7K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Bulk. 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 BulkbpFee HotstuffbpOrdersPrice spread, now −0.170%Rate

Funding earned: −$37.8
Price spread: −0.170% → 0.000%: −$17
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$66.8
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bulk: live order book, 3 min ago; Hotstuff: 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, 3 min ago	0.33 bp	3.8 bp −$4	4.1 bp −$41	8.9 bp −$890	20.6 bp −$10.3K
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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-PERPshort	−0.0080%	1h	1.5307	−0.170%	$7K	$2K	20x
dYdX XRP-USD	0.0000%	1h	1.5298	−0.226%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5340	+0.045%	$68K	$90K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5292	−0.266%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0006% / S +0.0091%	1h	1.5291	−0.275%	$838K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5304	−0.190%	$9.3M	$25.6M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5304	−0.192%	$14.9M	$69.8M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0060%	8h	1.5299	−0.222%	$75K	$910K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	+1.480%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5308	−0.165%	$2.9M	$13.5M	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	1.5306	−0.176%	$504K	$3.2M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5300	−0.212%	$1.1M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5296	−0.245%	$38.7M	$82.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5306	−0.176%	$630K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5296	−0.242%	$542.8M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5295	−0.248%	$338.0M	$928.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5302	−0.203%	$124.8M	$879.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5309	−0.157%	$570K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5304	−0.190%	$115K	$701K	20x	as long as short
Bulk XRP-USDlong	+0.0100%	1h	1.5333	long leg	$1.7M	$570K	20x
Gate XRP_USDT	+0.0100%	8h	1.5285	−0.313%	$360.8M	$148.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5283	−0.326%	$295.2M	$896.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5281	−0.337%	$108.1M	$166.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5299	−0.222%	$267.1M	$376.9M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5296	−0.242%	—	$122.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5290	−0.278%	$8.2M	$33.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5337	+0.028%	$666K	$105.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5343	+0.065%	$1.1M	$40.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5338	+0.032%	$1.0M	$901K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5298	−0.228%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5301	−0.209%	$47K	$456K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5291	−0.274%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5303	−0.198%	$824K	$82K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5306	−0.176%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5301	−0.209%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5306	−0.175%	$50.2M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5311	−0.144%	$54.6M	$29.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5303	−0.198%	$477K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5301	−0.209%	$11K	$269K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5297	−0.238%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5298	−0.226%	$71K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5308	−0.163%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5285	−0.317%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5314	−0.124%	$24.1M	$74.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5317	−0.105%	$5.8M	$46.7M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0260%	1h	1.5317	−0.105%	$1.7M	$1.0M	25x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5345	+0.077%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0313%	8h	1.5312	−0.137%	$2.0M	$34.5M	2.9x	as long as short
Hyperliquid XRP	+0.0562%	1h	1.5306	−0.176%	$290.2M	$215.3M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5305	−0.183%	$539K	$738K	10x	as long as short
Aftermath Perps XRPUSD	+0.0796%	1h	1.5332	−0.008%	$1K	$11K	10x	as long as short