XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.060%

Price spread now: dYdX against Coinbase International−0.004%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$620.619% of the position

Long on Coinbase International Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.201%−$20 on $10k

Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.004%, 7d avg −0.029%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.025% dearer against Coinbase International than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5225	0.0184	pay 0.0023% / 1h	52m 12s	$5.6M	$47.5M	50x
Short	dYdX XRP-USD	1.5224	0	get 0.0000% / 1h	52m 12s	$1.1M	$111K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$38.64
Price spread: −0.004% → −0.029%: $2.52
Slippage, 4 orders: −$41.93
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$98.05
Costs to cover: 0.619%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; dYdX: live order book, 2 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 Coinbase International live order book, 2 min ago	0.99 bp	7.7 bp −$8	10.0 bp −$100	28.8 bp −$2,876	doesn't fit
Sell dYdX live order book, 2 min ago	17.80 bp	22.8 bp −$23	22.8 bp −$228	55.4 bp −$5,540	109.9 bp −$55.0K

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	1.5209	−0.105%	$5K	$3K	20x	as long as short
dYdX XRP-USDshort	0.0000%	1h	1.5224	−0.004%	$1.1M	$111K	10x
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5226	+0.005%	$254K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5226	+0.007%	$7.8M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0021%	1h	1.5219	−0.038%	$14.4M	$74.0M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.200%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0050% / S +0.0017%	1h	1.5224	−0.010%	$782K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5222	−0.017%	$2.9M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5237	+0.079%	$500K	$3.3M	20x	as long as short
Orderly PERP_XRP_USDC	+0.0097%	8h	1.5229	+0.026%	$62K	$934K	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0098%	8h	1.5238	+0.085%	$12K	$338K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5243	+0.117%	$1.1M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5236	+0.072%	$38.5M	$84.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5230	+0.030%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5228	+0.017%	$535.2M	$2.13B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5237	+0.079%	$348.8M	$940.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5228	+0.020%	$127.7M	$886.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5174	−0.335%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5245	+0.131%	$119K	$706K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5181	−0.289%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5229	+0.026%	$372.4M	$153.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5229	+0.026%	$291.7M	$896.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5233	+0.052%	$109.0M	$176.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5224	−0.007%	$269.5M	$387.9M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5229	+0.026%	—	$127.4M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5139	−0.566%	$4.8M	$38.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5166	−0.385%	$659K	$109.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5138	−0.571%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5184	−0.269%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5225	−0.003%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5232	+0.046%	$44K	$455K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5227	+0.013%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5228	+0.017%	$819K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5231	+0.039%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5225	0.000%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5233	+0.056%	$49.8M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5226	+0.007%	$54.3M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5228	+0.017%	$475K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5222	−0.018%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5224	−0.008%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0120%	1h	1.5248	+0.151%	$9K	$8K	10x	as long as short
Hyperliquid XRP	+0.0177%	1h	1.5245	+0.131%	$286.0M	$230.6M	20x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0184%	1h	1.5225	long leg	$5.6M	$47.5M	50x
Reya XRPRUSDPERP	+0.0216%	1h	1.5232	+0.047%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5200	−0.164%	$24.2M	$76.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0232%	1h	1.5206	−0.123%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0290%	1h	1.5221	−0.026%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0309%	8h	1.5231	+0.039%	$2.0M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5246	+0.138%	$519K	$773K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5160	−0.427%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0646%	1h	1.5172	−0.349%	$2K	$15K	10x	as long as short