XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.027%

Price spread now: Derive against Coinbase International−0.042%7-day average −0.027% · you buy dearer than you sell

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

Long on Coinbase International Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.042%, 7d avg −0.027%

Together, before fees+0.013%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5226	0.0192	pay 0.0024% / 1h	30m 13s	$5.4M	$43.2M	50x
Short	Derive XRP-PERP	1.5220	0.0100	get 0.0013% / 1h	30m 13s	$820K	$70K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Coinbase International. 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 Coinbase InternationalbpFee DerivebpOrdersPrice spread, now −0.042%Rate

Funding earned: −$19.32
Price spread: −0.042% → −0.027%: −$1.52
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$36.84
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 4 min ago; Derive: 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 Coinbase International live order book, 4 min ago	0.33 bp	7.2 bp −$7	10.1 bp −$101	24.5 bp −$2,451	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
GMX XRP/USD [ETH-USDC]	L −0.0210% / S +0.0297%	1h	1.5224	−0.014%	$1.7M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5203	−0.151%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5229	+0.022%	$1.1M	$99K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5220	−0.039%	$68K	$89K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5227	+0.007%	$9.2M	$24.0M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5225	−0.008%	$255K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	+0.420%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0046%	8h	1.5217	−0.059%	$177K	$788K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5225	−0.004%	$2.9M	$11.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5227	+0.007%	$442K	$3.1M	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	1.5226	+0.003%	$1.0M	$5.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5224	−0.014%	$38.7M	$71.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5232	+0.041%	$663K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5222	−0.027%	$544.5M	$1.84B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5228	+0.013%	$340.9M	$834.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5221	−0.033%	$122.8M	$826.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5194	−0.210%	$566K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5247	+0.138%	$114K	$646K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5201	−0.163%	$1.6M	$350K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5225	−0.007%	$355.5M	$129.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5226	0.000%	$289.6M	$803.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5233	+0.049%	$112.9M	$147.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5223	−0.020%	$265.0M	$338.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5225	−0.007%	—	$113.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5205	−0.139%	$6.2M	$24.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5218	−0.055%	$661K	$95.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5252	+0.171%	$1.1M	$41.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5206	−0.131%	$1.0M	$848K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5223	−0.022%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5231	+0.033%	$50K	$474K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5224	−0.010%	$42K	$59K	20x	as long as short
Derive XRP-PERPshort	+0.0100%	1h	1.5220	−0.042%	$820K	$70K	10x
SunX XRP-USDT	+0.0100%	8h	1.5230	+0.028%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5223	−0.020%	$27K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5234	+0.054%	$50.1M	$14.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5226	0.000%	$54.4M	$28.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5244	+0.118%	$475K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5235	+0.059%	$11K	$235K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5222	−0.029%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5221	−0.030%	$71K	$40K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0118%	1h	1.5219	−0.046%	$1.7M	$915K	25x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5241	+0.099%	$8K	$8K	10x	as long as short
Kraken Futures PF_XRPUSD	+0.0171%	1h	1.5223	−0.017%	$15.3M	$63.3M	50x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0192%	1h	1.5226	long leg	$5.4M	$43.2M	50x
Kalshi KXXRPPERP	+0.0207%	8h	1.5235	+0.059%	$1.7M	$31.5M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0210%	1h	1.5224	−0.011%	$1.3M	$10K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5207	−0.125%	$23.8M	$66.3M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5206	−0.130%	$19K	$55K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5245	+0.123%	$404K	$496K	10x	as long as short
Hyperliquid XRP	+0.0447%	1h	1.5246	+0.131%	$279.1M	$180.7M	20x	as long as short
Aftermath Perps XRPUSD	+0.0549%	1h	1.5235	+0.057%	$1K	$11K	10x	as long as short