XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h −0.006%

Price spread now: Orderly against Bybit0.000%7-day average −0.001% · you sell dearer than you buy

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

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 3 days (all we have)−0.089%−$9 · spread now 0.000%, 7d avg −0.001%

Together, before fees−0.126%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XRPUSDT	1.5342	0.0100	pay 0.0100% / 8h	7h 58m	$339.9M	$932.7M	100x
Short	Orderly PERP_XRP_USDC	1.5342	0.0061	get 0.0061% / 8h	7h 58m	$75K	$910K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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 BybitbpFee OrderlybpOrdersPrice spread, now 0.000%Rate

Funding earned: −$8.17
Price spread: 0.000% → −0.001%: $0.12
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$25.05
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 11 min ago; Orderly: 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 Bybit live order book, 11 min ago	0.33 bp	5.8 bp −$6	7.1 bp −$71	12.5 bp −$1,247	24.0 bp −$12.0K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	1.5343	+0.007%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5328	−0.089%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5350	+0.052%	$68K	$89K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5344	+0.015%	$257K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0008% / S +0.0089%	1h	1.5343	+0.006%	$841K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.421%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDCshort	+0.0061%	8h	1.5342	0.000%	$75K	$910K	50x
Deribit XRP_USDC-PERPETUAL	+0.0076%	1h	1.5347	+0.033%	$9.3M	$25.7M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5346	+0.026%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5351	+0.056%	$2.9M	$13.6M	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	1.5353	+0.072%	$513K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5344	+0.013%	$12K	$271K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5338	−0.023%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5346	+0.029%	$38.9M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5341	−0.007%	$634K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5351	+0.056%	$540.3M	$2.07B	100x	as long as short
Bybit XRPUSDTlong	+0.0100%	8h	1.5342	long leg	$339.9M	$932.7M	100x
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5344	+0.013%	$125.5M	$885.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5320	−0.143%	$571K	$47K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5346	+0.026%	$116K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5337	−0.033%	$1.7M	$565K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5340	−0.013%	$372.2M	$147.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5344	+0.013%	$299.9M	$888.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5344	+0.016%	$109.6M	$167.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5344	+0.013%	$269.1M	$378.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5346	+0.026%	—	$123.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5346	+0.029%	$6.4M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5347	+0.030%	$666K	$106.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5369	+0.176%	$1.1M	$40.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5352	+0.065%	$1.0M	$902K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5341	−0.007%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5342	0.000%	$48K	$458K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5342	+0.001%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5344	+0.014%	$826K	$82K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5347	+0.031%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5344	+0.013%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5341	−0.003%	$50.3M	$15.7M	75x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5338	−0.027%	$478K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5341	−0.009%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5343	+0.010%	$55K	$18K	3x	as long as short
Phemex XRPUSDT	+0.0188%	8h	1.5351	+0.059%	$54.7M	$29.7M	50x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5338	−0.029%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5351	+0.059%	$24.0M	$75.0M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5350	+0.052%	$5.8M	$46.9M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0230%	1h	1.5350	+0.052%	$1.7M	$1.2M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5343	+0.009%	$14.9M	$70.3M	50x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5367	+0.162%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0317%	8h	1.5350	+0.052%	$2.2M	$35.3M	2.9x	as long as short
Hyperliquid XRP	+0.0532%	1h	1.5356	+0.091%	$290.8M	$216.7M	20x	as long as short
Aftermath Perps XRPUSD	+0.0784%	1h	1.5353	+0.074%	$1K	$11K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5349	+0.045%	$512K	$753K	10x	as long as short