Funding you earn now, next payment 04:00 UTC+0.0252%/8h= +27.6% APRpaid last 24h +0.120%
Price spread now: RISEx against Bybit+0.217%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$200.205% of the position
Funding, last 4 days (all we have)+0.326%+$33 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.217%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and RISEx is 0.162% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XRPUSDT | 1.5138 | 0.0100 | pay 0.0100% / 8h | 4h 19m | $347.0M | $934.7M | 100x |
| Short | RISEx XRP/USDC | 1.5171 | 0.0352 | get 0.0044% / 1h | 19m 03s | $517K | $775K | 10x |
Bybit XRPUSDT
RISEx XRP/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Bybit. 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
- $52.93
- Price spread: +0.217% → +0.055%
- $16.25
- Slippage, 4 orders
- −$3.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $48.68
- Costs to cover
- 0.205%
- Break-even
- 0.6 days
Slippage from Bybit: live order book, 5 min ago; RISEx: live order book, 40 min ago.
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, 5 min ago | 0.33 bp | 5.8 bp −$6 | 6.9 bp −$69 | 12.7 bp −$1,269 | 27.4 bp −$13.7K |
| Sell RISEx live order book, 40 min ago | 1.42 bp | 4.4 bp −$4 | 10.2 bp −$102 | doesn't fit | doesn't fit |
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 | 1.5165 | +0.178% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5151 | +0.085% | $14.3M | $73.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5161 | +0.155% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5190 | +0.344% | $68K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5157 | +0.126% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5154 | +0.107% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.788% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0044% / S +0.0024% | 1h | 1.5155 | +0.110% | $790K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0087% | 8h | 1.5155 | +0.112% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5154 | +0.107% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5155 | +0.112% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5162 | +0.159% | $11K | $326K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5160 | +0.149% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5165 | +0.178% | $280.5M | $227.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5155 | +0.110% | $38.3M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5161 | +0.152% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5138 | +0.002% | $534.2M | $2.11B | 100x | as long as short |
| Bybit XRPUSDTlong | +0.0100% | 8h | 1.5138 | long leg | $347.0M | $934.7M | 100x | |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5140 | +0.013% | $126.1M | $873.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5176 | +0.251% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5170 | +0.211% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5174 | +0.238% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5149 | +0.073% | $369.2M | $154.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5136 | −0.013% | $290.1M | $901.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5138 | +0.003% | $108.0M | $174.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5135 | −0.020% | $267.9M | $384.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5149 | +0.073% | — | $127.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5167 | +0.190% | $5.1M | $37.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5172 | +0.224% | $659K | $108.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5174 | +0.238% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5169 | +0.205% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5160 | +0.145% | $44K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5158 | +0.133% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5156 | +0.117% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5171 | +0.220% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5154 | +0.106% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5153 | +0.100% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5152 | +0.092% | $54.0M | $30.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5160 | +0.147% | $473K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5163 | +0.166% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5132 | −0.036% | $2.0M | $6.8M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5170 | +0.211% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5153 | +0.100% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0181% | 1h | 1.5160 | +0.145% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5160 | +0.145% | $5.6M | $47.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.5169 | +0.205% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5155 | +0.112% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5155 | +0.112% | $24.2M | $76.1M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5166 | +0.185% | $2.1M | $34.5M | 2.9x | as long as short |
| RISEx XRP/USDCshort | +0.0352% | 1h | 1.5171 | +0.217% | $517K | $775K | 10x | |
| Aftermath Perps XRPUSD | +0.0660% | 1h | 1.5171 | +0.218% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance 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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
Aftermath Perps XRPUSD