XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: Derive against Extended+0.122%7-day average +0.026% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 3 days (all we have)−0.268%−$27 · spread now +0.122%, 7d avg +0.026%

Together, before fees−0.274%+ Points / potential airdropExtended: Active · farm board−$27 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: Derive is 0.096% dearer against Extended than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XRP-USD	1.5482	0.0104	pay 0.0013% / 1h	10m 41s	$2.1M	$7.1M	50x
Short	Derive XRP-PERP	1.5501	0.0100	get 0.0013% / 1h	10m 41s	$834K	$81K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.122%Rate

Funding earned: −$0.84
Price spread: +0.122% → +0.026%: $9.57
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Derive: 3 bp × 2 orders: −$6
Net: −$2.27
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 3 min ago; Derive: 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 Extended live order book, 3 min ago	0.32 bp	2.8 bp −$3	5.3 bp −$53	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

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	1.5498	+0.100%	$7K	$2K	20x	as long as short
GMX XRP/USD [ETH-USDC]	L −0.0002% / S +0.0115%	1h	1.5497	+0.096%	$848K	—	200x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5486	+0.022%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5498	+0.100%	$259K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0008%	1h	1.5500	+0.113%	$9.5M	$25.2M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.501%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5499	+0.106%	$15.5M	$68.6M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5501	+0.120%	$78K	$910K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5498	+0.103%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5498	+0.100%	$440K	$3.2M	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	1.5512	+0.194%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5492	+0.059%	$39.2M	$78.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5492	+0.061%	$638K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5494	+0.072%	$557.7M	$1.99B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5488	+0.036%	$344.3M	$902.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5485	+0.016%	$127.3M	$879.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5556	+0.475%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5492	+0.062%	$119K	$745K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5501	+0.122%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5484	+0.010%	$371.9M	$141.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5489	+0.042%	$299.0M	$865.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5497	+0.092%	$113.2M	$160.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5485	+0.016%	$270.4M	$364.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5484	+0.010%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5575	+0.595%	$11.8M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5525	+0.273%	$674K	$101.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5528	+0.294%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5520	+0.242%	$1.0M	$884K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5506	+0.152%	$46K	$446K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5500	+0.113%	$42K	$65K	20x	as long as short
Derive XRP-PERPshort	+0.0100%	1h	1.5501	+0.122%	$834K	$81K	10x
SunX XRP-USDT	+0.0100%	8h	1.5507	+0.160%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5498	+0.100%	$31K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5501	+0.120%	$50.9M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5496	+0.087%	$55.1M	$29.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5508	+0.163%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5487	+0.028%	$483K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5484	+0.010%	$11K	$261K	20x	as long as short
Extended XRP-USDlong	+0.0104%	1h	1.5482	long leg	$2.1M	$7.1M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5499	+0.104%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5489	+0.042%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5500	+0.110%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5506	+0.152%	$5.9M	$47.3M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5498	+0.100%	$24.5M	$73.5M	125x	as long as short
Hibachi XRP/USDT-P	+0.0240%	1h	1.5530	+0.305%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0294%	1h	1.5506	+0.152%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0322%	8h	1.5515	+0.210%	$1.9M	$33.2M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5560	+0.501%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5497	+0.093%	$507K	$631K	10x	as long as short
Hyperliquid XRP	+0.0589%	1h	1.5513	+0.197%	$289.9M	$204.5M	20x	as long as short
Aftermath Perps XRPUSD	+0.0770%	1h	1.5540	+0.374%	$1K	$11K	10x	as long as short