XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: Extended against Derive−0.001%7-day average −0.029% · you buy dearer than you sell

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

Long on Derive Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 3 days (all we have)+0.260%+$26 · spread now −0.001%, 7d avg −0.029%

Together, before fees+0.266%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.028% dearer against Derive than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive XRP-PERP	1.5203	0.0100	pay 0.0013% / 1h	31m 09s	$819K	$70K	10x
Short	Extended XRP-USD	1.5203	0.0104	get 0.0013% / 1h	31m 09s	$2.1M	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Derive. 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 DerivebpFee ExtendedbpOrdersPrice spread, now −0.001%Rate

Funding earned: $0.84
Price spread: −0.001% → −0.029%: $2.78
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$7.38
Costs to cover: 0.110%
Break-even: 68.5 days

Slippage unknown: Derive: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago	0.33 bp	2.8 bp −$3	5.4 bp −$54	doesn't fit	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
GMX XRP/USD [ETH-USDC]	L −0.0210% / S +0.0297%	1h	1.5205	+0.015%	$1.6M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5203	+0.001%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5203	−0.001%	$1.1M	$99K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5220	+0.113%	$68K	$89K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5213	+0.067%	$9.1M	$24.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5205	+0.013%	$254K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	+0.573%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0046%	8h	1.5199	−0.025%	$177K	$788K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5213	+0.066%	$2.9M	$11.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5212	+0.060%	$442K	$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	1.5202	−0.002%	$1.0M	$5.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5202	−0.009%	$38.6M	$71.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5201	−0.011%	$661K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5210	+0.048%	$544.0M	$1.84B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5210	+0.047%	$340.6M	$833.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5209	+0.040%	$122.6M	$825.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5192	−0.071%	$566K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5205	+0.014%	$114K	$646K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5201	−0.011%	$1.6M	$350K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5209	+0.040%	$355.2M	$129.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5210	+0.047%	$291.0M	$802.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5210	+0.047%	$112.2M	$146.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5210	+0.047%	$264.7M	$338.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5209	+0.040%	—	$113.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5254	+0.336%	$6.2M	$24.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5218	+0.097%	$661K	$95.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5252	+0.323%	$1.1M	$41.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5206	+0.021%	$1.0M	$848K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5207	+0.027%	$50K	$474K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5205	+0.013%	$42K	$59K	20x	as long as short
Derive XRP-PERPlong	+0.0100%	1h	1.5203	long leg	$819K	$70K	10x
SunX XRP-USDT	+0.0100%	8h	1.5210	+0.048%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5210	+0.047%	$29K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5193	−0.062%	$50.0M	$14.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5210	+0.047%	$54.4M	$28.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5200	−0.018%	$474K	$54K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5204	+0.005%	—	$10K	10x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5211	+0.053%	$11K	$245K	20x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5203	−0.001%	$2.1M	$7.2M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5207	+0.027%	$71K	$40K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0118%	1h	1.5219	+0.106%	$1.7M	$915K	25x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5209	+0.040%	$8K	$8K	10x	as long as short
Kraken Futures PF_XRPUSD	+0.0171%	1h	1.5211	+0.052%	$15.2M	$63.3M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5216	+0.086%	$5.4M	$43.2M	50x	as long as short
Kalshi KXXRPPERP	+0.0210%	8h	1.5213	+0.067%	$1.7M	$31.6M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0210%	1h	1.5203	+0.001%	$1.3M	$10K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5207	+0.027%	$23.8M	$66.3M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5209	+0.039%	$19K	$55K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5209	+0.039%	$403K	$496K	10x	as long as short
Hyperliquid XRP	+0.0445%	1h	1.5228	+0.165%	$278.9M	$180.7M	20x	as long as short
Aftermath Perps XRPUSD	+0.0555%	1h	1.5229	+0.171%	$1K	$10K	10x	as long as short