XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%

Price spread now: Injective against Bullet−1.183%54s7-day average — · you buy dearer than you sell

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

Long on Bullet Short on Injective

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—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.183% cheaper against Bullet than usual: you would sell low and buy high (−$118 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet XRP-USD	1.5473	0.0100	pay 0.0013% / 1h	30m 14s	$42K	$65K	20x
Short	Injective XRP/USDC PERP	1.5290	0.0033	get 0.0004% / 1h	30m 14s	$2K	$86K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bullet. 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 BulletbpFee InjectivebpOrdersPrice spread, now −1.183%Rate

Funding earned: −$14
Price spread: −1.183% → 0.000%: −$118.27
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$140.29
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Bullet and Injective: 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	1.5461	−0.078%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5453	−0.132%	$1.1M	$104K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5466	−0.045%	$9.5M	$25.3M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5468	−0.032%	$259K	—	150x	as long as short
Injective XRP/USDC PERPshort	+0.0033%	1h	1.5290	−1.183%	$2K	$86K	30x
Kraken Futures PF_XRPUSD	+0.0042%	1h	1.5467	−0.041%	$15.4M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0053%	8h	1.5465	−0.052%	$77K	$942K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0082% / S +0.0125%	1h	1.5468	−0.032%	$911K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5462	−0.069%	$3.0M	$12.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5469	−0.026%	$438K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5457	−0.100%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5463	−0.063%	$39.1M	$77.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5462	−0.074%	$667K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5461	−0.079%	$556.8M	$1.96B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5462	−0.071%	$344.8M	$889.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5465	−0.052%	$126.5M	$872.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5515	+0.271%	$577K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5462	−0.071%	$118K	$737K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5469	−0.026%	$372.4M	$139.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5466	−0.045%	$290.0M	$844.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5463	−0.063%	$113.0M	$158.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5466	−0.045%	$269.4M	$361.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5467	−0.039%	—	$117.3M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5485	+0.075%	$11.7M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5531	+0.376%	$674K	$101.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5554	+0.526%	$1.1M	$41.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5529	+0.362%	$1.0M	$882K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5466	−0.045%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5460	−0.084%	$45K	$445K	20x	as long as short
Bullet XRP-USDlong	+0.0100%	1h	1.5473	long leg	$42K	$65K	20x
Derive XRP-PERP	+0.0100%	1h	1.5470	−0.017%	$833K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5472	−0.005%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5466	−0.045%	$29K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5453	−0.132%	$50.8M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5468	−0.032%	$55.1M	$29.1M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5477	+0.024%	$1.7M	$578K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5456	−0.110%	$482K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5457	−0.103%	$12K	$251K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5464	−0.061%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5467	−0.042%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5466	−0.045%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0168%	1h	1.5488	+0.099%	$18K	$81K	7x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5462	−0.073%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5472	−0.006%	$5.8M	$46.7M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5470	−0.019%	$24.6M	$73.1M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0245%	1h	1.5474	+0.006%	$1.8M	$995K	25x	as long as short
Kalshi KXXRPPERP	+0.0313%	8h	1.5473	0.000%	$1.9M	$32.7M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5570	+0.627%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5466	−0.047%	$506K	$627K	10x	as long as short
Hyperliquid XRP	+0.0592%	1h	1.5479	+0.039%	$289.1M	$201.9M	20x	as long as short
Aftermath Perps XRPUSD	+0.0726%	1h	1.5546	+0.472%	$1K	$11K	10x	as long as short