Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bulk against Extended−0.008%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$150.145% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.008%, 7d avg +0.049%
=Together, before fees+0.006%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.057% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XRP-USD | 1.5370 | 0.0104 | pay 0.0013% / 1h | 57m 31s | $2.2M | $6.2M | 50x |
| Short | Bulk XRP-USD | 1.5369 | 0.0100 | get 0.0013% / 1h | 57m 31s | $1.6M | $25K | 20x |
Extended XRP-USD
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Extended. 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
- −$0.84
- Price spread: −0.008% → +0.049%
- −$5.7
- Slippage, 4 orders
- −$2.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$21.07
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Bulk: live order book, 5 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 Extended live order book, 5 min ago | 0.32 bp | 2.8 bp −$3 | 4.3 bp −$43 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 5 min ago | 0.65 bp | 4.1 bp −$4 | 4.5 bp −$45 | 12.0 bp −$1,199 | 32.4 bp −$16.2K |
XRP on 50 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 | 1.5403 | +0.212% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5382 | +0.076% | $14.1M | $72.0M | 50x | as long as short |
| SoDEX XRP-USD | −0.0027% | 1h | 1.5382 | +0.075% | $30K | $1.5M | 10x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5385 | +0.095% | $1.1M | $155K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5386 | +0.101% | $7.9M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5387 | +0.108% | $246K | — | 150x | as long as short |
| 01 Exchange XRPUSD | +0.0016% | 1h | 1.5376 | +0.036% | $9K | $987 | 10x | as long as short |
| Ondo Perps XRP-USD.P | +0.0026% | 1h | 1.5389 | +0.121% | $565K | $37K | 5x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.233% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5377 | +0.043% | $2.8M | $14.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
SoDEX XRP-USD
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
01 Exchange XRPUSD
Ondo Perps XRP-USD.P
Injective XRP/USDC PERP
Lighter XRPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5382 | +0.075% | $605K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5384 | +0.090% | $480K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5373 | +0.017% | $9K | $400K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5394 | +0.157% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5390 | +0.127% | $300.0M | $267.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5379 | +0.056% | $39.3M | $81.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5381 | +0.068% | $595K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5374 | +0.021% | $536.1M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5382 | +0.075% | $364.7M | $893.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5378 | +0.049% | $125.0M | $841.0M | 100x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5382 | +0.075% | $165K | $684K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5380 | +0.062% | $383.4M | $155.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5381 | +0.069% | $310.4M | $885.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5377 | +0.045% | $106.9M | $181.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5378 | +0.049% | $272.8M | $358.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5371 | +0.004% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5390 | +0.127% | $5.0M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5392 | +0.143% | $669K | $110.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5411 | +0.264% | $1.1M | $31.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5406 | +0.231% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5392 | +0.143% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5385 | +0.095% | $53K | $476K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5384 | +0.091% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5384 | +0.088% | $84K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5384 | +0.088% | $129K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5378 | +0.049% | $50.1M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5384 | +0.088% | $54.8M | $33.3M | 50x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5369 | −0.008% | $1.6M | $25K | 20x | |
| Extended XRP-USDlong | +0.0104% | 1h | 1.5370 | long leg | $2.2M | $6.2M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5377 | +0.043% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5385 | +0.095% | $5.5M | $44.9M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5403 | +0.214% | $17K | $76K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0120% | 1h | 1.5390 | +0.127% | $2.0M | $1.2M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0142% | 8h | 1.5400 | +0.192% | $1.9M | $34.8M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0168% / S −0.0366% | 1h | 1.5401 | +0.200% | $610K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5399 | +0.186% | $23.9M | $78.9M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5377 | +0.042% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5391 | +0.136% | $514K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0433% | 1h | 1.5404 | +0.217% | $3K | $14K | 10x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5410 | +0.257% | $69K | $108K | 15x | as long as short |
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Arcus 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
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD
Phoenix XRP