XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0239%/8h= +26.2% APRnext payment +$0.30 per $10,000 · paid last 24h +0.132%

Price spread now: RISEx against Deribit−0.017%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on Deribit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.377%+$38 on $10k

Price spread, last 4 days (all we have)+0.331%+$33 · spread now −0.017%, 7d avg +0.026%

Together, before fees+0.708%+$71 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.043% cheaper against Deribit than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.026%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit XRP_USDC-PERPETUAL	1.5363	0	get 0.0000% / 1h	53m 24s	$7.8M	$21.5M	50x
Short	RISEx XRP/USDC	1.5360	0.0239	get 0.0030% / 1h	53m 24s	$516K	$736K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.017%Rate

Funding earned: $50.28
Price spread: −0.017% → +0.026%: −$4.28
Slippage, 4 orders: −$6.93
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $26.06
Costs to cover: 0.199%
Break-even: 3.4 days

Slippage from Deribit: live order book, 4 min ago; RISEx: live order book, 58 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	0.32 bp	5.4 bp −$5	7.3 bp −$73	doesn't fit	doesn't fit
Sell RISEx live order book, 58 min ago	1.60 bp	4.6 bp −$5	10.6 bp −$106	doesn't fit	doesn't fit

XRP on 50 exchanges

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	1.5403	+0.260%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5362	−0.006%	$14.1M	$71.5M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5362	−0.009%	$1.1M	$155K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5360	−0.020%	$69K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUALlong	0.0000%	1h	1.5363	long leg	$7.8M	$21.5M	50x
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5353	−0.067%	$245K	—	150x	as long as short
01 Exchange XRPUSD	+0.0008%	1h	1.5352	−0.072%	$9K	$987	10x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.282%	$2K	$107K	30x	as long as short
SoDEX XRP-USD	+0.0060%	1h	1.5359	−0.026%	$30K	$1.5M	10x	as long as short
Ondo Perps XRP-USD.P	+0.0074%	1h	1.5365	+0.013%	$565K	$37K	5x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5356	−0.046%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5361	−0.013%	$600K	$3.1M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5358	−0.030%	$479K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5350	−0.085%	$10K	$400K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5351	−0.075%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5365	+0.015%	$299.5M	$266.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5358	−0.033%	$39.4M	$81.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5358	−0.033%	$594K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5359	−0.026%	$535.8M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5361	−0.013%	$364.0M	$890.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5359	−0.026%	$124.8M	$838.8M	100x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5360	−0.020%	$165K	$684K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5379	+0.104%	$1.6M	$25K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5360	−0.020%	$383.3M	$155.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5353	−0.065%	$313.6M	$887.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5354	−0.059%	$106.8M	$181.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5359	−0.026%	$272.5M	$357.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5360	−0.020%	—	$100.9M	—	as long as short
Backpack XRP_USDC_PERP	+0.0100%	1h	1.5365	+0.013%	$2.0M	$1.2M	25x	as long as short
Variational Omni XRP	+0.0100%	8h	1.5375	+0.075%	$5.0M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5375	+0.080%	$668K	$109.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5368	+0.033%	$1.1M	$30.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5372	+0.059%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5359	−0.026%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5354	−0.059%	$52K	$475K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5356	−0.046%	$42K	$65K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5359	−0.026%	$84K	$613K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5357	−0.037%	$129K	$1.5M	30x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5347	−0.102%	$50.0M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5357	−0.039%	$54.7M	$33.2M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5354	−0.056%	$2.2M	$6.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5354	−0.058%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5359	−0.026%	$5.5M	$44.6M	50x	as long as short
Hibachi XRP/USDT-P	+0.0120%	1h	1.5358	−0.034%	$17K	$76K	7x	as long as short
Kalshi KXXRPPERP	+0.0140%	8h	1.5369	+0.039%	$1.9M	$34.9M	2.9x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0202% / S −0.0545%	1h	1.5356	−0.044%	$806K	—	200x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5361	−0.013%	$23.9M	$78.6M	125x	as long as short
Reya XRPRUSDPERP	+0.0223%	1h	1.5351	−0.078%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDCshort	+0.0239%	1h	1.5360	−0.017%	$516K	$736K	10x
Aftermath Perps XRPUSD	+0.0431%	1h	1.5381	+0.120%	$3K	$13K	10x	as long as short