Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h +0.023%
Price spread now: Orderly against edgeX+0.104%71s7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 3 days (all we have)−0.039%−$4 · spread now +0.104%, 7d avg +0.018%
=Together, before fees+0.027%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.087% dearer against edgeX than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.018%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XRPUSDC | 1.5358 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $668K | $107.8M | 30x |
| Short | Orderly PERP_XRP_USDC | 1.5374 | 0.0064 | get 0.0064% / 8h | 7h 10m | $58K | $935K | 50x |
edgeX XRPUSDC
Orderly PERP_XRP_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against edgeX. 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
- −$7.6
- Price spread: +0.104% → +0.018%
- $8.67
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.94
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 4 min ago; Orderly: no order-book sample. 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 edgeX live order book, 4 min ago | 0.65 bp | 5.8 bp −$6 | 6.1 bp −$61 | 11.4 bp −$1,144 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 1.5383 | +0.163% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5372 | +0.091% | $1.1M | $112K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5375 | +0.108% | $257K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0018% / S +0.0073% | 1h | 1.5372 | +0.094% | $843K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.315% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDCshort | +0.0064% | 8h | 1.5374 | +0.104% | $58K | $935K | 50x | |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5377 | +0.124% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0075% | 1h | 1.5368 | +0.065% | $9.3M | $25.0M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5368 | +0.066% | $2.9M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5383 | +0.163% | $516K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5365 | +0.046% | $9K | $281K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5379 | +0.139% | $479K | $55K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5382 | +0.160% | $1.0M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5371 | +0.084% | $38.8M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5383 | +0.164% | $636K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5377 | +0.125% | $543.3M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5373 | +0.098% | $342.3M | $918.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5373 | +0.098% | $124.9M | $868.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5366 | +0.052% | $572K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5372 | +0.091% | $117K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5274 | −0.544% | $1.6M | $378K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5375 | +0.111% | $375.7M | $151.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5377 | +0.124% | $307.0M | $913.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5376 | +0.119% | $111.3M | $166.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5360 | +0.013% | $269.5M | $374.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5368 | +0.065% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5354 | −0.026% | $6.5M | $35.6M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.5358 | long leg | $668K | $107.8M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5362 | +0.026% | $1.1M | $37.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5374 | +0.104% | $1.2M | $997K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5369 | +0.071% | — | $9K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5376 | +0.117% | $47K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5376 | +0.115% | $41K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5374 | +0.106% | $828K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5380 | +0.146% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5363 | +0.033% | $30K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5352 | −0.041% | $50.3M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5371 | +0.085% | $54.7M | $29.5M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5357 | −0.006% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5366 | +0.050% | $59K | $25K | 3x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5372 | +0.093% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5355 | −0.019% | $24.1M | $74.0M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5368 | +0.065% | $5.7M | $46.7M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0243% | 1h | 1.5365 | +0.046% | $14.5M | $70.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0308% | 1h | 1.5360 | +0.013% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0312% | 1h | 1.5361 | +0.021% | $17K | $81K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5370 | +0.078% | $2.0M | $34.7M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0384% | 1h | 1.5388 | +0.195% | $290.8M | $215.9M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5380 | +0.143% | $68K | $110K | 15x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5380 | +0.144% | $544K | $773K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0837% | 1h | 1.5369 | +0.070% | $2K | $13K | 10x | as long as short |
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Nado XRP-PERP
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-USDC
Variational Omni XRP
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Hyperliquid XRP
Phoenix XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD