XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.108%

Price spread now: RISEx against Derive+0.233%7-day average +0.057% · you sell dearer than you buy

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

Long on Derive Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.348%+$35 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.233%, 7d avg +0.057%

Together, before fees+0.329%+$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and RISEx is 0.176% dearer against Derive than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive XRP-PERP	1.5228	0.0100	pay 0.0013% / 1h	48m 38s	$819K	$81K	10x
Short	RISEx XRP/USDC	1.5263	0.0300	get 0.0037% / 1h	48m 38s	$505K	$723K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.233%Rate

Funding earned: $41.97
Price spread: +0.233% → +0.057%: $17.6
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee RISEx: 3 bp × 2 orders: −$6
Net: $47.57
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Derive: no order-book sample; RISEx: live order book, 58 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 RISEx live order book, 58 min ago	0.75 bp	3.8 bp −$4	6.6 bp −$66	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 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	1.5360	+0.870%	$5K	$2K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0077%	1h	1.5230	+0.018%	$13.6M	$68.5M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5286	+0.380%	$1.1M	$154K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5270	+0.279%	$68K	$102K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5230	+0.016%	$7.6M	$19.9M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5217	−0.068%	$241K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.183%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0064%	1h	1.5260	+0.213%	$9K	$987	10x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5292	+0.426%	$17K	$68K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5286	+0.385%	$2.7M	$13.5M	20x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5290	+0.410%	$590K	$3.1M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0096%	1h	1.5231	+0.022%	$5.4M	$41.4M	50x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5286	+0.380%	$477K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5249	+0.141%	$10K	$411K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5225	−0.014%	$846K	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5286	+0.384%	$296.9M	$260.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5288	+0.397%	$38.8M	$79.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5287	+0.390%	$590K	$978K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5288	+0.399%	$532.0M	$2.02B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5286	+0.384%	$358.9M	$853.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5282	+0.357%	$123.9M	$817.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5273	+0.298%	$561K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5276	+0.318%	$160K	$693K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5312	+0.551%	$1.6M	$66K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5267	+0.259%	$375.4M	$156.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5288	+0.397%	$316.6M	$877.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5283	+0.365%	$104.0M	$179.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5274	+0.305%	$269.7M	$346.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5278	+0.331%	—	$94.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5256	+0.190%	$4.9M	$37.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5262	+0.225%	$663K	$105.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5263	+0.233%	$1.1M	$32.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5270	+0.279%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5257	+0.193%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5248	+0.134%	$50K	$471K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5233	+0.036%	$41K	$64K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5226	−0.010%	$83K	$601K	50x	as long as short
Derive XRP-PERPlong	+0.0100%	1h	1.5228	long leg	$819K	$81K	10x
SunX XRP-USDT	+0.0100%	8h	1.5221	−0.040%	$127K	$1.4M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5255	+0.180%	$30K	$1.4M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5221	−0.044%	$49.6M	$13.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5242	+0.095%	$54.5M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5258	+0.202%	$2.2M	$5.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5221	−0.040%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0109%	8h	1.5250	+0.147%	$1.9M	$35.6M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0132%	1h	1.5255	+0.180%	$2.0M	$1.2M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5236	+0.055%	$23.8M	$77.0M	125x	as long as short
Reya XRPRUSDPERP	+0.0224%	1h	1.5244	+0.105%	$1.3M	$1K	15x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0258% / S −0.0514%	1h	1.5228	+0.001%	$878K	—	200x	as long as short
RISEx XRP/USDCshort	+0.0300%	1h	1.5263	+0.233%	$505K	$723K	10x
Aftermath Perps XRPUSD	+0.0384%	1h	1.5285	+0.374%	$3K	$13K	10x	as long as short