XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h −0.029%

Price spread now: Hotstuff against Deribit+0.013%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit XRP_USDC-PERPETUAL	1.5124	0.0081	pay 0.0010% / 1h	40m 05s	$7.6M	$25.4M	50x
Short	Hotstuff XRP-PERP	1.5126	−0.0080	pay 0.0010% / 1h	40m 05s	$5K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Deribit. 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 DeribitbpFee HotstuffbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$33.81
Price spread: +0.013% → 0.000%: $1.32
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$44.49
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 4 min ago; Hotstuff: 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 Deribit live order book, 4 min ago	1.98 bp	5.5 bp −$6	7.8 bp −$78	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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
Hotstuff XRP-PERPshort	−0.0080%	1h	1.5126	+0.013%	$5K	$3K	20x
dYdX XRP-USD	0.0000%	1h	1.5126	+0.013%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5120	−0.028%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0032% / S +0.0046%	1h	1.5117	−0.045%	$816K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.883%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5123	−0.007%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5124	0.000%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUALlong	+0.0081%	1h	1.5124	long leg	$7.6M	$25.4M	50x
Lighter XRP	+0.0096%	1h	1.5123	−0.010%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5123	−0.007%	$508K	$3.2M	20x	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	+0.0100%	8h	1.5117	−0.046%	$9K	$307K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5117	−0.043%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5133	+0.060%	$280.3M	$221.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5120	−0.026%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5127	+0.017%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5123	−0.007%	$536.0M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5122	−0.013%	$343.1M	$925.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5124	0.000%	$125.3M	$864.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5116	−0.053%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5126	+0.013%	$114K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5136	+0.076%	$1.6M	$88K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5125	+0.007%	$369.8M	$151.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5122	−0.013%	$293.3M	$895.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5122	−0.011%	$106.5M	$170.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5126	+0.013%	$266.2M	$380.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5119	−0.033%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5121	−0.023%	$5.6M	$36.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5133	+0.057%	$658K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5153	+0.192%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5143	+0.126%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5125	+0.006%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5123	−0.007%	$41K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5121	−0.022%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5126	+0.014%	$814K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5125	+0.009%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5122	−0.013%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5121	−0.020%	$49.5M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5122	−0.013%	$53.8M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5127	+0.023%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5116	−0.052%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5121	−0.020%	$58K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5117	−0.046%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5126	+0.013%	$5.6M	$46.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0219%	1h	1.5130	+0.040%	$1.9M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5120	−0.026%	$24.2M	$74.5M	125x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5119	−0.032%	$14.5M	$73.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5145	+0.137%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0354%	8h	1.5129	+0.033%	$2.2M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5126	+0.012%	$522K	$771K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5120	−0.026%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0716%	1h	1.5131	+0.044%	$2K	$14K	10x	as long as short