Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Derive+0.029%7-day average −0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.029%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.036% dearer against Derive than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XRP-PERP | 1.5136 | 0.0100 | pay 0.0013% / 1h | 42m 40s | $814K | $72K | 10x |
| Short | SoDEX XRP-USD | 1.5140 | 0.0100 | get 0.0013% / 1h | 42m 40s | $29K | $1.7M | 10x |
Derive XRP-PERP
SoDEX XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: +0.029% → −0.007%
- $3.57
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$10.43
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; SoDEX: 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 SoDEX live order book, 1 min ago | 0.99 bp | 5.0 bp −$5 | 8.6 bp −$86 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5145 | +0.062% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5137 | +0.011% | $14.3M | $73.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5150 | +0.092% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | +0.029% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5140 | +0.029% | $7.7M | $25.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5147 | +0.075% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.803% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0039% / S +0.0031% | 1h | 1.5146 | +0.069% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5145 | +0.062% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0079% | 8h | 1.5136 | +0.002% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5146 | +0.071% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5149 | +0.088% | $510K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5135 | −0.004% | $10K | $321K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | +0.071% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5154 | +0.123% | $281.5M | $225.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5145 | +0.063% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5149 | +0.089% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5138 | +0.015% | $533.1M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5138 | +0.015% | $344.6M | $931.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5141 | +0.035% | $125.8M | $873.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5133 | −0.018% | $562K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5106 | −0.196% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5146 | +0.067% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5146 | +0.068% | $369.8M | $153.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5149 | +0.088% | $289.5M | $896.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5152 | +0.107% | $108.0M | $173.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5145 | +0.062% | $267.9M | $383.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5146 | +0.068% | — | $126.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | −0.046% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5113 | −0.152% | $656K | $108.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5138 | +0.015% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5142 | +0.042% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5151 | +0.098% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5152 | +0.108% | $43K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5145 | +0.064% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERPlong | +0.0100% | 1h | 1.5136 | long leg | $814K | $72K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5145 | +0.058% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USDshort | +0.0100% | 1h | 1.5140 | +0.029% | $29K | $1.7M | 10x | |
| HTX XRP-USDT | +0.0100% | 8h | 1.5155 | +0.126% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5141 | +0.035% | $54.0M | $30.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5146 | +0.070% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5136 | 0.000% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5137 | +0.009% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0152% | 1h | 1.5165 | +0.192% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0172% | 1h | 1.5147 | +0.075% | $1.9M | $1.3M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5141 | +0.035% | $5.6M | $47.1M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5143 | +0.047% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5138 | +0.015% | $24.1M | $76.0M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5152 | +0.108% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5143 | +0.052% | $516K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0664% | 1h | 1.5146 | +0.068% | $2K | $15K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD