Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: OKX against Derive−0.044%7-day average −0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)+0.167%+$17 · spread now −0.044%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.038% cheaper against Derive than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XRP-PERP | 1.5576 | 0.0100 | pay 0.0013% / 1h | 47m 58s | $838K | $81K | 10x |
| Short | OKX XRP-USDT-SWAP | 1.5569 | 0.0100 | get 0.0100% / 8h | 47m 58s | $127.2M | $889.5M | 100x |
Derive XRP-PERP
OKX XRP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Derive. 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
- $0
- Price spread: −0.044% → −0.006%
- −$3.76
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$19.76
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 0.32 bp | 5.3 bp −$5 | 7.2 bp −$72 | 15.5 bp −$1,551 | 31.6 bp −$15.8K |
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 | 1.5579 | +0.020% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5595 | +0.126% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5650 | +0.476% | $70K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5576 | +0.001% | $9.7M | $25.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5573 | −0.017% | $261K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0106% | 1h | 1.5573 | −0.015% | $856K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5575 | −0.004% | $15.6M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5574 | −0.012% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.102% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5575 | −0.004% | $3.0M | $12.5M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5576 | +0.001% | $444K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5591 | +0.094% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5576 | −0.001% | $39.5M | $79.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5594 | +0.116% | $642K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5570 | −0.037% | $557.5M | $2.01B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5569 | −0.044% | $346.4M | $912.5M | 100x | as long as short |
| OKX XRP-USDT-SWAPshort | +0.0100% | 8h | 1.5569 | −0.044% | $127.2M | $889.5M | 100x | |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5650 | +0.476% | $582K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5595 | +0.123% | $117K | $752K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5633 | +0.368% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5572 | −0.025% | $372.2M | $143.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5576 | +0.001% | $301.7M | $865.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5574 | −0.011% | $113.4M | $162.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5568 | −0.050% | $272.3M | $369.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5578 | +0.014% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5634 | +0.371% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5649 | +0.469% | $681K | $103.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5635 | +0.377% | $1.1M | $40.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5640 | +0.412% | $1.0M | $887K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5591 | +0.097% | $49K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5577 | +0.008% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERPlong | +0.0100% | 1h | 1.5576 | long leg | $838K | $81K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5582 | +0.038% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5574 | −0.012% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5574 | −0.015% | $51.1M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5575 | −0.005% | $55.4M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5591 | +0.094% | $486K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5588 | +0.079% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5596 | +0.130% | $13K | $266K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5566 | −0.065% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5576 | +0.001% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5597 | +0.136% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5586 | +0.063% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5584 | +0.052% | $24.4M | $74.5M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5583 | +0.046% | $5.9M | $47.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5588 | +0.075% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5599 | +0.149% | $2.0M | $33.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0383% | 1h | 1.5583 | +0.046% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0596% | 1h | 1.5595 | +0.123% | $297.2M | $208.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5604 | +0.182% | $509K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0827% | 1h | 1.5614 | +0.245% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD