Funding you earn now, next payment 23:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Extended−1.607%100s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.607% cheaper against Extended than usual: you would sell low and buy high (−$161 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you. The two prices were read 100 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 | Extended XRP-USD | 1.5540 | 0.0104 | pay 0.0013% / 1h | 33m 34s | $2.2M | $7.1M | 50x |
| Short | Injective XRP/USDC PERP | 1.5290 | 0.0033 | get 0.0004% / 1h | 33m 34s | $2K | $86K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14.84
- Price spread: −1.607% → 0.000%
- −$160.69
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$180.55
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 5 min ago; Injective: 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, 5 min ago | 0.32 bp | 3.0 bp −$3 | 4.8 bp −$48 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 1.5537 | −0.017% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5530 | −0.063% | $1.1M | $104K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5542 | +0.015% | $9.6M | $25.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5532 | −0.051% | $260K | — | 150x | as long as short |
| Injective XRP/USDC PERPshort | +0.0033% | 1h | 1.5290 | −1.607% | $2K | $86K | 30x | |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5545 | +0.036% | $15.6M | $68.4M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0053% | 8h | 1.5541 | +0.008% | $78K | $941K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0082% / S +0.0130% | 1h | 1.5530 | −0.063% | $915K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5540 | +0.001% | $3.0M | $12.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5535 | −0.030% | $455K | $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 | 1.5496 | −0.278% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5535 | −0.030% | $39.3M | $77.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5542 | +0.012% | $671K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5529 | −0.066% | $559.2M | $1.95B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5530 | −0.062% | $348.6M | $886.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5526 | −0.088% | $127.4M | $872.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5544 | +0.028% | $580K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5542 | +0.015% | $117K | $735K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5683 | +0.922% | $1.7M | $616K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5536 | −0.024% | $375.3M | $138.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5543 | +0.021% | $290.2M | $841.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5531 | −0.057% | $113.9M | $157.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5542 | +0.015% | $270.7M | $359.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5539 | −0.005% | — | $117.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5595 | +0.354% | $11.8M | $30.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5564 | +0.154% | $677K | $100.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5554 | +0.095% | $1.1M | $41.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5582 | +0.272% | $1.0M | $881K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5515 | −0.160% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5500 | −0.255% | $46K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5504 | −0.229% | $42K | $64K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5542 | +0.014% | $837K | $79K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5509 | −0.198% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5541 | +0.008% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5525 | −0.094% | $51.0M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5540 | +0.002% | $55.4M | $29.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5531 | −0.056% | $484K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5536 | −0.024% | $12K | $250K | 20x | as long as short |
| Extended XRP-USDlong | +0.0104% | 1h | 1.5540 | long leg | $2.2M | $7.1M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5541 | +0.007% | $72K | $40K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0144% | 1h | 1.5580 | +0.262% | $18K | $81K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5543 | +0.021% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5495 | −0.288% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5552 | +0.079% | $5.8M | $46.8M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5551 | +0.073% | $24.5M | $73.2M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0273% | 1h | 1.5549 | +0.060% | $1.8M | $988K | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5543 | +0.021% | $1.9M | $32.5M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5600 | +0.388% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5548 | +0.055% | $510K | $622K | 10x | as long as short |
| Hyperliquid XRP | +0.0606% | 1h | 1.5559 | +0.124% | $290.8M | $200.4M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0697% | 1h | 1.5607 | +0.432% | $1K | $11K | 10x | as long as short |
Extended XRP-USD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD