Funding you earn now, next payment 21:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.021%
Price spread now: Extended against Coinbase International+0.038%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 3 days (all we have)+0.159%+$16 · spread now +0.038%, 7d avg −0.056%
=Together, before fees+0.198%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.094% dearer against Coinbase International than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.056%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XRP-PERP-INTX | 1.5302 | 0.0192 | pay 0.0024% / 1h | 26m 58s | $5.4M | $43.4M | 50x |
| Short | Extended XRP-USD | 1.5308 | 0.0104 | get 0.0013% / 1h | 26m 58s | $2.1M | $7.1M | 50x |
Coinbase International XRP-PERP-INTX
Extended XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.48
- Price spread: +0.038% → −0.056%
- $9.41
- Slippage, 4 orders
- −$5.29
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$29.36
- Costs to cover
- 0.203%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Extended: 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 | 0.98 bp | 6.9 bp −$7 | 9.9 bp −$99 | 20.7 bp −$2,065 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.33 bp | 2.9 bp −$3 | 5.4 bp −$54 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0210% / S +0.0297% | 1h | 1.5280 | −0.142% | $1.7M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5265 | −0.242% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5266 | −0.232% | $1.1M | $99K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5250 | −0.340% | $68K | $89K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5281 | −0.135% | $256K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0011% | 1h | 1.5301 | −0.007% | $9.2M | $24.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | −0.078% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0046% | 8h | 1.5282 | −0.131% | $178K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5307 | +0.033% | $3.0M | $11.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5299 | −0.020% | $444K | $3.1M | 20x | as long as short |
GMX XRP/USD [ETH-USDC]
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5269 | −0.212% | $1.0M | $5.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5305 | +0.016% | $38.9M | $71.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5275 | −0.175% | $665K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5309 | +0.044% | $547.6M | $1.84B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5309 | +0.046% | $342.7M | $834.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5310 | +0.052% | $123.6M | $830.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5228 | −0.484% | $566K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5278 | −0.157% | $114K | $647K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | −0.659% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5308 | +0.039% | $365.2M | $130.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5307 | +0.033% | $289.6M | $804.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5305 | +0.020% | $113.5M | $147.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5309 | +0.046% | $266.5M | $338.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5307 | +0.033% | — | $113.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5205 | −0.635% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5202 | −0.654% | $661K | $95.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5221 | −0.530% | $1.1M | $41.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5204 | −0.640% | $1.0M | $848K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5281 | −0.137% | $49K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5277 | −0.163% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5285 | −0.108% | $823K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5259 | −0.279% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5295 | −0.046% | $28K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5275 | −0.178% | $50.3M | $14.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5304 | +0.013% | $54.7M | $28.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5274 | −0.180% | $476K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5269 | −0.216% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5277 | −0.163% | $11K | $235K | 20x | as long as short |
| Extended XRP-USDshort | +0.0104% | 1h | 1.5308 | +0.038% | $2.1M | $7.1M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5293 | −0.062% | $71K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5278 | −0.157% | $8K | $8K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0143% | 1h | 1.5321 | +0.124% | $1.7M | $919K | 25x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0170% | 1h | 1.5296 | −0.036% | $15.3M | $63.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTXlong | +0.0192% | 1h | 1.5302 | long leg | $5.4M | $43.4M | 50x | |
| Kalshi KXXRPPERP | +0.0208% | 8h | 1.5297 | −0.033% | $1.7M | $31.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5276 | −0.169% | $1.4M | $10K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5299 | −0.020% | $23.9M | $66.7M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0248% | 1h | 1.5249 | −0.346% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5282 | −0.131% | $405K | $496K | 10x | as long as short |
| Hyperliquid XRP | +0.0459% | 1h | 1.5327 | +0.163% | $281.4M | $181.4M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0538% | 1h | 1.5243 | −0.383% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit 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
Katana Perps XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD