XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%

Price spread now: Extended against dYdX+0.151%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on dYdX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.222%+$22 on $10k

Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.151%, 7d avg −0.034%

Together, before fees−0.032%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.184% dearer against dYdX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5386	0	get 0.0000% / 1h	22m 09s	$1.1M	$99K	10x
Short	Extended XRP-USD	1.5410	0.0104	get 0.0013% / 1h	22m 09s	$2.1M	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against dYdX. 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 dYdXbpFee ExtendedbpOrdersPrice spread, now +0.151%Rate

Funding earned: $21.84
Price spread: +0.151% → −0.034%: $18.42
Slippage, 4 orders: −$32.47
Fee dYdX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$7.21
Costs to cover: 0.475%
Break-even: 9.3 days

Slippage from dYdX: live order book, 2 min ago; Extended: live order book, 2 min ago.

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 dYdX live order book, 2 min ago	15.65 bp	20.7 bp −$21	20.7 bp −$207	34.7 bp −$3,473	146.2 bp −$73.1K
Sell Extended live order book, 2 min ago	0.33 bp	2.8 bp −$3	5.1 bp −$51	doesn't fit	doesn't fit

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	1.5397	+0.069%	$7K	$2K	20x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5386	long leg	$1.1M	$99K	10x
Phoenix XRP	0.0000%	1h	1.5320	−0.431%	$68K	$89K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5403	+0.109%	$258K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	−0.626%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0046%	8h	1.5400	+0.088%	$179K	$788K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0072% / S +0.0184%	1h	1.5402	+0.104%	$906K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0074%	1h	1.5415	+0.186%	$9.3M	$24.1M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5419	+0.212%	$3.0M	$11.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5414	+0.179%	$447K	$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	1.5407	+0.134%	$1.1M	$5.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5411	+0.158%	$39.1M	$72.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5394	+0.049%	$670K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5420	+0.218%	$551.3M	$1.85B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5419	+0.212%	$345.3M	$839.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5420	+0.218%	$124.5M	$839.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5297	−0.581%	$569K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5404	+0.114%	$115K	$650K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5201	−1.204%	$1.6M	$350K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5405	+0.121%	$368.5M	$131.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5426	+0.257%	$291.8M	$809.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5419	+0.209%	$113.1M	$147.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5425	+0.251%	$267.5M	$340.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5425	+0.251%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5321	−0.425%	$6.3M	$24.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5269	−0.761%	$665K	$95.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5309	−0.506%	$1.1M	$41.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5280	−0.691%	$1.0M	$850K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5417	+0.199%	$48K	$476K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5404	+0.114%	$42K	$59K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5401	+0.093%	$829K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5416	+0.194%	$129K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5411	+0.160%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5405	+0.120%	$50.7M	$14.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5415	+0.186%	$55.0M	$28.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5384	−0.013%	$480K	$54K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5397	+0.069%	—	$10K	10x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5404	+0.114%	$12K	$235K	20x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5410	+0.151%	$2.1M	$7.2M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5408	+0.139%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5415	+0.186%	$8K	$8K	10x	as long as short
Backpack XRP_USDC_PERP	+0.0167%	1h	1.5427	+0.264%	$1.7M	$929K	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0169%	1h	1.5415	+0.188%	$15.6M	$64.1M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5423	+0.238%	$5.4M	$44.2M	50x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5406	+0.128%	$1.4M	$10K	15x	as long as short
Kalshi KXXRPPERP	+0.0217%	8h	1.5416	+0.192%	$1.7M	$31.7M	2.9x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5373	−0.087%	$23.9M	$67.5M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5361	−0.162%	$19K	$55K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5412	+0.164%	$405K	$497K	10x	as long as short
Hyperliquid XRP	+0.0483%	1h	1.5433	+0.303%	$284.4M	$185.0M	20x	as long as short
Aftermath Perps XRPUSD	+0.0531%	1h	1.5315	−0.465%	$1K	$11K	10x	as long as short