Funding you earn now, next payment 08:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against Bullet+0.020%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet XRP-USD | 1.5232 | 0.0100 | pay 0.0013% / 1h | 40m 51s | $41K | $69K | 20x |
| Short | Hotstuff XRP-PERP | 1.5235 | −0.0080 | pay 0.0010% / 1h | 40m 51s | $5K | $3K | 20x |
Bullet XRP-USD
Hotstuff XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Bullet. 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
- −$37.8
- Price spread: +0.020% → 0.000%
- $1.97
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$48.83
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; 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 Bullet no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Bullet and 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 | 1.5235 | +0.020% | $5K | $3K | 20x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5233 | +0.010% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5237 | +0.033% | $246K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0013% | 1h | 1.5240 | +0.053% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.153% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5231 | −0.004% | $14.6M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5240 | +0.050% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5240 | +0.053% | $602K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5230 | −0.013% | $12K | $372K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0100% / S −0.0059% | 1h | 1.5237 | +0.032% | $786K | — | 200x | as long as short |
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
GMX XRP/USD [ETH-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5233 | +0.010% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5234 | +0.013% | $38.6M | $87.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5234 | +0.013% | $614K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5230 | −0.011% | $533.5M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5227 | −0.033% | $350.6M | $956.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5225 | −0.046% | $128.4M | $875.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5224 | −0.053% | $567K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5242 | +0.066% | $145K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5191 | −0.272% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5232 | 0.000% | $379.7M | $160.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5230 | −0.013% | $314.9M | $920.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5231 | −0.007% | $107.2M | $184.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5225 | −0.046% | $269.1M | $391.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5232 | 0.000% | — | $107.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5226 | −0.042% | $5.0M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5232 | −0.001% | $663K | $113.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5252 | +0.129% | $1.1M | $35.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5249 | +0.112% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5240 | +0.051% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5237 | +0.033% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USDlong | +0.0100% | 1h | 1.5232 | long leg | $41K | $69K | 20x | |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5233 | +0.007% | $78K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5236 | +0.026% | $820K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5243 | +0.069% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5236 | +0.026% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5238 | +0.039% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5233 | +0.007% | $54.4M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5236 | +0.029% | $475K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5226 | −0.037% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5234 | +0.016% | $59K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5240 | +0.053% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5250 | +0.116% | $17K | $78K | 7x | as long as short |
| Hyperliquid XRP | +0.0156% | 1h | 1.5251 | +0.125% | $291.0M | $268.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5241 | +0.059% | $5.7M | $48.4M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0178% | 1h | 1.5246 | +0.092% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0201% | 8h | 1.5242 | +0.066% | $1.8M | $34.6M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5228 | −0.026% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5238 | +0.039% | $23.7M | $78.0M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5238 | +0.042% | $529K | $804K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5260 | +0.184% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0647% | 1h | 1.5237 | +0.033% | $2K | $16K | 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
Bulk XRP-USD
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
Vest XRP-PERP
Polymarket Perps 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
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD