XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.023%

Price spread now: Coinbase International against Extended+0.074%7-day average +0.055% · 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−$19as in the Price arb table

costs, in and out, $10k−$210.212% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 3 days (all we have)−0.155%−$15 · spread now +0.074%, 7d avg +0.055%

Together, before fees−0.189%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XRP-USD	1.5629	0.0104	pay 0.0013% / 1h	51m 17s	$2.1M	$7.1M	50x
Short	Coinbase International XRP-PERP-INTX	1.5641	0.0224	get 0.0028% / 1h	51m 17s	$5.9M	$48.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now +0.074%Rate

Funding earned: $25.2
Price spread: +0.074% → +0.055%: $1.93
Slippage, 4 orders: −$6.18
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $5.95
Costs to cover: 0.212%
Break-even: 5.3 days

Slippage from Extended: live order book, 3 min ago; Coinbase International: live order book, 3 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, 3 min ago	0.32 bp	2.8 bp −$3	5.0 bp −$50	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.64 bp	8.0 bp −$8	10.6 bp −$106	26.8 bp −$2,677	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	1.5658	+0.183%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5650	+0.131%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5690	+0.387%	$70K	$90K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5633	+0.023%	$9.7M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5633	+0.023%	$262K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0004% / S +0.0107%	1h	1.5633	+0.020%	$860K	—	200x	as long as short
Kraken Futures PF_XRPUSD	+0.0031%	1h	1.5634	+0.030%	$15.7M	$68.9M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0056%	8h	1.5632	+0.016%	$77K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	−0.444%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5632	+0.016%	$3.0M	$12.5M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5635	+0.035%	$446K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5638	+0.058%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5634	+0.029%	$39.7M	$79.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5655	+0.166%	$645K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5628	−0.009%	$560.6M	$2.01B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5626	−0.022%	$349.1M	$912.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5623	−0.041%	$128.0M	$892.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5650	+0.131%	$582K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5657	+0.176%	$119K	$750K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5633	+0.023%	$374.0M	$142.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5635	+0.035%	$303.9M	$862.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5634	+0.032%	$113.9M	$162.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5631	+0.010%	$273.1M	$369.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5644	+0.093%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5607	−0.141%	$11.7M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5645	+0.101%	$679K	$102.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5674	+0.287%	$1.1M	$41.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5691	+0.394%	$1.0M	$887K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5644	+0.094%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5639	+0.061%	$45K	$451K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5635	+0.034%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5632	+0.019%	$841K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5634	+0.030%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5632	+0.016%	$30K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5631	+0.009%	$51.3M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5630	+0.004%	$55.6M	$29.3M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5562	−0.434%	$1.7M	$573K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5650	+0.134%	$488K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5658	+0.183%	$13K	$264K	20x	as long as short
Extended XRP-USDlong	+0.0104%	1h	1.5629	long leg	$2.1M	$7.1M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5637	+0.046%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5659	+0.189%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5633	+0.020%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5625	−0.028%	$24.4M	$74.7M	125x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0224%	1h	1.5641	+0.074%	$5.9M	$48.1M	50x
Hibachi XRP/USDT-P	+0.0272%	1h	1.5671	+0.266%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5659	+0.189%	$2.0M	$33.6M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0406%	1h	1.5667	+0.240%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0597%	1h	1.5656	+0.170%	$297.6M	$207.2M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5665	+0.229%	$511K	$632K	10x	as long as short
Aftermath Perps XRPUSD	+0.0777%	1h	1.5637	+0.049%	$1K	$11K	10x	as long as short