Funding you earn now, next payment 03:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.025%
Price spread now: HTX against Deribit−0.247%7-day average −0.069% · 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−$46as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.247%, 7d avg −0.069%
=Funding pays, the price is against you. HTX is 0.178% cheaper against Deribit than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of −0.069%). If the spread goes back, that is −$18 on $10k: about 27 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XRP_USDC-PERPETUAL | 1.5227 | 0.0078 | pay 0.0010% / 1h | 10m 27s | $7.7M | $25.5M | 50x |
| Short | HTX XRP-USDT | 1.5189 | 0.0100 | get 0.0100% / 8h | 5h 10m | $49.7M | $15.6M | 75x |
Deribit XRP_USDC-PERPETUAL
HTX XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $4.62
- Price spread: −0.247% → −0.069%
- −$17.81
- Slippage, 4 orders
- −$9.3
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$41.49
- Costs to cover
- 0.283%
- Break-even
- 69.9 days
Slippage from Deribit: live order book, 4 min ago; HTX: live order book, 4 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, 4 min ago | 0.33 bp | 5.6 bp −$6 | 7.5 bp −$75 | 44.1 bp −$4,414 | doesn't fit |
| Sell HTX live order book, 4 min ago | 0.03 bp | 9.0 bp −$9 | 11.8 bp −$118 | 29.0 bp −$2,901 | 97.7 bp −$48.8K |
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 | 1.5226 | −0.007% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5223 | −0.026% | $1.1M | $110K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5215 | −0.078% | $254K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.187% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0033% / S +0.0038% | 1h | 1.5210 | −0.109% | $797K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5223 | −0.026% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0076% | 8h | 1.5220 | −0.046% | $62K | $935K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUALlong | +0.0078% | 1h | 1.5227 | long leg | $7.7M | $25.5M | 50x | |
| Lighter XRP | +0.0096% | 1h | 1.5226 | −0.007% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5229 | +0.013% | $515K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5217 | −0.066% | $10K | $311K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5223 | −0.030% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5237 | +0.066% | $283.1M | $223.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5225 | −0.010% | $38.5M | $83.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5228 | +0.004% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5223 | −0.029% | $537.6M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5223 | −0.026% | $347.4M | $929.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5224 | −0.020% | $126.2M | $874.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5180 | −0.309% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5224 | −0.020% | $115K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5223 | −0.026% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5224 | −0.020% | $369.3M | $153.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5223 | −0.026% | $296.3M | $903.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5226 | −0.005% | $109.3M | $171.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5208 | −0.125% | $269.8M | $380.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5224 | −0.020% | — | $126.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5200 | −0.180% | $5.9M | $36.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5211 | −0.106% | $661K | $107.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5201 | −0.172% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5221 | −0.039% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5212 | −0.102% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5224 | −0.020% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5212 | −0.096% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5221 | −0.042% | $819K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5214 | −0.085% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5222 | −0.033% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDTshort | +0.0100% | 8h | 1.5189 | −0.247% | $49.7M | $15.6M | 75x | |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5220 | −0.046% | $54.1M | $30.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5224 | −0.021% | $475K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5219 | −0.055% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5221 | −0.040% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0189% | 1h | 1.5233 | +0.039% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.5211 | −0.104% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5203 | −0.160% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5223 | −0.026% | $5.6M | $46.7M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5225 | −0.013% | $24.3M | $75.5M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0272% | 1h | 1.5223 | −0.027% | $14.4M | $73.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0345% | 8h | 1.5226 | −0.007% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5227 | 0.000% | $518K | $778K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5220 | −0.046% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0656% | 1h | 1.5218 | −0.056% | $2K | $14K | 10x | as long as short |
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
Bitget XRPUSDT
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
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD