Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.02 per $10,000 · paid last 24h +0.009%
Price spread now: 01 Exchange against Bulk+0.262%7-day average — · 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)—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 0.262% dearer against Bulk than usual: you sell high and buy low (spread +0.262% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XRP-USD | 1.5316 | 0.0100 | pay 0.0013% / 1h | 12m 13s | $1.6M | $13K | 20x |
| Short | 01 Exchange XRPUSD | 1.5356 | 0.0080 | get 0.0010% / 1h | 12m 13s | $9K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$4.2
- Price spread: +0.262% → 0.000%
- $26.21
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $8.01
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Bulk: live order book, 2 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 Bulk live order book, 2 min ago | 0.33 bp | 3.8 bp −$4 | 4.1 bp −$41 | 12.7 bp −$1,271 | 32.6 bp −$16.3K |
| 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 50 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0170% | 1h | 1.5371 | +0.357% | $14.1M | $74.7M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5351 | +0.229% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5350 | +0.223% | $69K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5374 | +0.380% | $7.9M | $22.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5370 | +0.354% | $250K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0006% | 1h | 1.5347 | +0.203% | $1.1M | $123K | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.594% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSDshort | +0.0080% | 1h | 1.5356 | +0.262% | $9K | $2K | 10x | |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5360 | +0.287% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5369 | +0.348% | $2.8M | $14.7M | 20x | as long as short |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5373 | +0.373% | $625K | $3.1M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5353 | +0.243% | $20K | $378K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5356 | +0.261% | $479K | $52K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5357 | +0.272% | $1.0M | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5370 | +0.351% | $39.0M | $82.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5358 | +0.278% | $618K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5373 | +0.373% | $537.2M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5372 | +0.367% | $357.8M | $913.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5372 | +0.367% | $127.3M | $841.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5326 | +0.066% | $562K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5361 | +0.295% | $161K | $702K | 20x | as long as short |
| Bulk XRP-USDlong | +0.0100% | 1h | 1.5316 | long leg | $1.6M | $13K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5372 | +0.367% | $379.3M | $156.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5373 | +0.373% | $318.9M | $930.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5374 | +0.379% | $108.7M | $180.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5373 | +0.373% | $272.9M | $363.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5373 | +0.373% | — | $106.4M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5344 | +0.186% | $4.8M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5339 | +0.151% | $666K | $113.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5356 | +0.264% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5342 | +0.171% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5364 | +0.315% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5363 | +0.308% | $52K | $502K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5370 | +0.353% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5372 | +0.367% | $78K | $646K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5371 | +0.361% | $129K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5369 | +0.347% | $31K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5358 | +0.277% | $50.1M | $14.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5371 | +0.360% | $54.5M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5362 | +0.300% | $2.1M | $6.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5366 | +0.324% | $59K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0134% / S −0.0096% | 1h | 1.5370 | +0.351% | $789K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5371 | +0.360% | $5.3M | $46.5M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0172% | 8h | 1.5360 | +0.288% | $1.7M | $32.7M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0179% | 1h | 1.5388 | +0.471% | $294.8M | $265.9M | 20x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5334 | +0.118% | $23.8M | $78.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5331 | +0.100% | $1.4M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0227% | 1h | 1.5387 | +0.465% | $2.0M | $1.3M | 25x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5360 | +0.286% | $526K | $784K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0516% | 1h | 1.5326 | +0.064% | $3K | $15K | 10x | as long as short |
Bulk XRP-USD
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD