XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0240%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.088%

Price spread now: RISEx against Coinbase International+0.040%7-day average +0.021% · 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−$21as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.271%+$27 on $10k

Price spread, last 3 days (all we have)+0.044%+$4 · spread now +0.040%, 7d avg +0.021%

Together, before fees+0.314%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$7 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	1.5145	0.0216	pay 0.0027% / 1h	44m 45s	$5.7M	$46.5M	50x
Short	RISEx XRP/USDC	1.5151	0.0456	get 0.0057% / 1h	44m 45s	$536K	$782K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.040%Rate

Funding earned: $50.47
Price spread: +0.040% → +0.021%: $1.89
Slippage, 4 orders: −$6.89
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $29.47
Costs to cover: 0.229%
Break-even: 2.9 days

Slippage from Coinbase International: live order book, 4 min ago; RISEx: live order book, 24 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, 4 min ago	0.66 bp	7.6 bp −$8	10.1 bp −$101	26.3 bp −$2,632	doesn't fit
Sell RISEx live order book, 24 min ago	1.01 bp	4.0 bp −$4	11.1 bp −$111	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	1.5152	+0.046%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5135	−0.067%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5160	+0.099%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5136	−0.059%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5137	−0.053%	$9.0M	$25.0M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0023% / S +0.0065%	1h	1.5136	−0.063%	$830K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.740%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5133	−0.081%	$14.6M	$72.3M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0068%	8h	1.5141	−0.026%	$57K	$945K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5140	−0.033%	$2.8M	$14.1M	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	1.5142	−0.020%	$518K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5141	−0.026%	$11K	$305K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5149	+0.030%	$864K	$5.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5146	+0.007%	$38.3M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5140	−0.033%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5142	−0.019%	$536.1M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5138	−0.046%	$337.2M	$938.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5141	−0.026%	$123.4M	$869.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5157	+0.079%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5154	+0.059%	$115K	$722K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.250%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5147	+0.013%	$367.4M	$150.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5142	−0.020%	$291.2M	$899.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5141	−0.027%	$108.3M	$171.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5140	−0.033%	$264.6M	$384.0M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5145	0.000%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	+0.067%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5178	+0.219%	$660K	$108.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5207	+0.410%	$1.1M	$38.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5185	+0.264%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5150	+0.031%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5146	+0.007%	$45K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5142	−0.023%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5142	−0.019%	$815K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5152	+0.046%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5137	−0.053%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5142	−0.018%	$49.6M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5136	−0.059%	$53.7M	$29.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5143	−0.013%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5146	+0.004%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5137	−0.050%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5148	+0.020%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0178%	1h	1.5152	+0.046%	$280.3M	$223.2M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5139	−0.037%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0216%	1h	1.5145	long leg	$5.7M	$46.5M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.317%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5156	+0.071%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0333%	8h	1.5157	+0.079%	$2.1M	$36.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0358%	1h	1.5150	+0.033%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDCshort	+0.0456%	1h	1.5151	+0.040%	$536K	$782K	10x
Aftermath Perps XRPUSD	+0.0806%	1h	1.5171	+0.174%	$2K	$14K	10x	as long as short