Funding you earn now, next payment 04:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.025%
Price spread now: Bitget against Deribit−0.013%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.145%+$14 · spread now −0.013%, 7d avg −0.025%
=The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XRP_USDC-PERPETUAL | 1.5140 | 0.0014 | pay 0.0002% / 1h | 51m 16s | $7.7M | $25.5M | 50x |
| Short | Bitget XRPUSDT | 1.5138 | 0.0100 | get 0.0100% / 8h | 4h 51m | $267.6M | $382.6M | 125x |
Deribit XRP_USDC-PERPETUAL
Bitget XRPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- $18.06
- Price spread: −0.013% → −0.025%
- $1.2
- Slippage, 4 orders
- −$2.83
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2.57
- Costs to cover
- 0.218%
- Break-even
- 8.0 days
Slippage from Deribit: live order book, 3 min ago; Bitget: live order book, 3 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 Deribit live order book, 3 min ago | 0.33 bp | 4.8 bp −$5 | 7.2 bp −$72 | 42.4 bp −$4,242 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.33 bp | 6.4 bp −$6 | 8.8 bp −$88 | 13.4 bp −$1,336 | 28.7 bp −$14.3K |
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 | 1.5140 | 0.000% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5135 | −0.031% | $14.3M | $73.5M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5133 | −0.048% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.198% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5134 | −0.040% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUALlong | +0.0014% | 1h | 1.5140 | long leg | $7.7M | $25.5M | 50x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.774% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0037% / S +0.0033% | 1h | 1.5136 | −0.026% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5136 | −0.026% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0078% | 8h | 1.5136 | −0.026% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5139 | −0.003% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5140 | 0.000% | $510K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5126 | −0.092% | $9K | $316K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5133 | −0.043% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5146 | +0.042% | $281.4M | $224.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5133 | −0.046% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5136 | −0.029% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5136 | −0.024% | $533.2M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5134 | −0.040% | $344.6M | $930.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5136 | −0.026% | $125.7M | $871.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5144 | +0.026% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5135 | −0.033% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.160% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5134 | −0.040% | $369.7M | $152.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5137 | −0.020% | $296.2M | $893.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5137 | −0.022% | $108.2M | $172.9M | 75x | as long as short |
| Bitget XRPUSDTshort | +0.0100% | 8h | 1.5138 | −0.013% | $267.6M | $382.6M | 125x | |
| BingX XRP-USDT | +0.0100% | 8h | 1.5135 | −0.033% | — | $126.3M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5167 | +0.178% | $5.5M | $37.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5155 | +0.102% | $658K | $108.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5162 | +0.145% | $1.1M | $35.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5157 | +0.112% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5140 | −0.001% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5136 | −0.026% | $42K | $451K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5137 | −0.020% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5136 | −0.024% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5138 | −0.015% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5137 | −0.020% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5131 | −0.057% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5138 | −0.013% | $53.9M | $30.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5131 | −0.056% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5130 | −0.063% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5134 | −0.036% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5160 | +0.135% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0170% | 1h | 1.5146 | +0.040% | $1.9M | $1.3M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5141 | +0.007% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5134 | −0.038% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5138 | −0.013% | $24.2M | $75.8M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0325% | 8h | 1.5138 | −0.013% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5137 | −0.018% | $515K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0675% | 1h | 1.5155 | +0.098% | $2K | $14K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
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
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD