XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.028%

Price spread now: Coinbase International against Derive−0.065%7-day average +0.028% · you buy dearer than you sell

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

Long on Derive Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 3 days (all we have)+0.130%+$13 · spread now −0.065%, 7d avg +0.028%

Together, before fees+0.100%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.093% cheaper against Derive than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of +0.028%). If the spread goes back, that is −$9 on $10k: about 2.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive XRP-PERP	1.5553	0.0100	pay 0.0013% / 1h	35m 33s	$837K	$79K	10x
Short	Coinbase International XRP-PERP-INTX	1.5543	0.0216	get 0.0027% / 1h	35m 33s	$5.8M	$46.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Derive. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 DerivebpFee Coinbase InternationalbpOrdersPrice spread, now −0.065%Rate

Funding earned: $24.36
Price spread: −0.065% → +0.028%: −$9.3
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$0.94
Costs to cover: 0.160%
Break-even: 7.3 days

Slippage unknown: Derive: no order-book sample; Coinbase International: live order book, 4 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 4 min ago	0.64 bp	7.8 bp −$8	10.9 bp −$109	25.8 bp −$2,583	doesn't fit

Derive: 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-PERP	−0.0080%	1h	1.5603	+0.321%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5544	−0.058%	$1.1M	$104K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5546	−0.046%	$9.6M	$25.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5555	+0.015%	$260K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.692%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5527	−0.165%	$15.5M	$68.1M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0053%	8h	1.5549	−0.026%	$78K	$941K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0082% / S +0.0132%	1h	1.5554	+0.009%	$916K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5556	+0.018%	$3.0M	$12.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5547	−0.039%	$455K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5576	+0.150%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5555	+0.010%	$39.5M	$76.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5554	+0.009%	$671K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5580	+0.176%	$562.5M	$1.95B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5583	+0.192%	$349.5M	$882.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5581	+0.179%	$127.3M	$873.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5561	+0.051%	$580K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5574	+0.134%	$119K	$732K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5683	+0.835%	$1.7M	$616K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5564	+0.070%	$374.0M	$138.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5555	+0.012%	$292.8M	$838.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5547	−0.039%	$114.4M	$157.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5582	+0.186%	$271.1M	$358.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5567	+0.089%	—	$116.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5690	+0.878%	$12.0M	$29.9M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5600	+0.300%	$677K	$100.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5597	+0.282%	$1.1M	$41.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5645	+0.591%	$1.0M	$880K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5572	+0.123%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5585	+0.205%	$46K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5548	−0.033%	$42K	$64K	20x	as long as short
Derive XRP-PERPlong	+0.0100%	1h	1.5553	long leg	$837K	$79K	10x
SunX XRP-USDT	+0.0100%	8h	1.5562	+0.055%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5539	−0.091%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5526	−0.177%	$51.0M	$15.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5537	−0.104%	$55.3M	$29.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5552	−0.009%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5578	+0.160%	$12K	$249K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5565	+0.076%	$2.2M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5547	−0.039%	$72K	$40K	3x	as long as short
Hibachi XRP/USDT-P	+0.0136%	1h	1.5609	+0.358%	$18K	$81K	7x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5581	+0.179%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5580	+0.173%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0216%	1h	1.5543	−0.065%	$5.8M	$46.7M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5608	+0.353%	$24.6M	$73.3M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0287%	1h	1.5543	−0.065%	$1.8M	$976K	25x	as long as short
Kalshi KXXRPPERP	+0.0320%	8h	1.5578	+0.160%	$1.9M	$32.4M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5730	+1.137%	$70K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5585	+0.206%	$509K	$620K	10x	as long as short
Hyperliquid XRP	+0.0601%	1h	1.5557	+0.025%	$290.2M	$199.8M	20x	as long as short
Aftermath Perps XRPUSD	+0.0679%	1h	1.5636	+0.536%	$1K	$11K	10x	as long as short